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2024 data HMDA 2024 disclosure official source

Santa Fe County

5,344 mortgage applications, 18.4% denial rate. Verify FIPS 35049 with U.S. Census Bureau →

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New Mexico · FIPS 35049

Local mortgage market. Santa Fe County, New Mexico saw 5,344 HMDA-reported mortgage applications in 2024. Lenders originated 2,685 of those loans and denied 986, producing a denial rate of 18.4% and an approval (origination) rate of 50.2%. The average loan amount was $374,725 at an average note rate of 7.04%, with applicants self-reporting average annual income of $38K. 220 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 9.9x, meaning typical borrowers took on mortgages of about 9.9 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 35049 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

5,344
Applications
2,685
Originated
18.4%
Denial Rate
50.2%
Approval Rate
$374,725
Avg Loan Amount
7.04%
Avg Interest Rate
$38K
Avg Applicant Income
9.9x
Loan-to-Income Ratio

Nearby Lenders in Santa Fe County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Rocket Mortgage 169 6.3%
2 Nusenda Federal Credit Union 159 5.9%
3 Del Norte Credit Union 145 5.4%
4 United Wholesale Mortgage 130 4.8%
5 Waterstone Mortgage Corporation 127 4.7%
Compare Rocket Mortgage vs Nusenda Federal Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Santa Fe County?
In the 2024 HMDA reporting year, 5,344 mortgage applications were filed in Santa Fe County, New Mexico. Of these, 2,685 were originated (approved and funded), while 986 were denied, resulting in a denial rate of 18.4%.
What is the mortgage denial rate in Santa Fe County?
The mortgage denial rate in Santa Fe County is 18.4%. The approval (origination) rate is 50.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Santa Fe County?
The average mortgage loan amount in Santa Fe County is $374,725. The average interest rate is 7.036%. The average applicant income is $38K.
What is the loan-to-income ratio in Santa Fe County?
The average loan-to-income ratio in Santa Fe County is 9.9x, meaning borrowers took on loans averaging 9.9 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Santa Fe County?
The top mortgage lenders in Santa Fe County by origination volume are Rocket Mortgage, Nusenda Federal Credit Union, Del Norte Credit Union. In total, 220 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.