Valencia County
New Mexico · FIPS 35061
According to CFPB HMDA 2024 application volume among U.S. counties, Valencia County ranks #618 of 3,210, and #5 of 33 in New Mexico.
Mortgage lending activity in Valencia County, New Mexico based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Valencia County, New Mexico saw 3,739 HMDA-reported mortgage applications in 2024. Lenders originated 1,840 of those loans and denied 689, producing a denial rate of 18.4% and an approval (origination) rate of 49.2%. The average loan amount was $201,542 at an average note rate of 6.64%, with applicants self-reporting average annual income of $39K. 149 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 5.2x, meaning typical borrowers took on mortgages of about 5.2 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. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Valencia County
In Valencia County, lead originator Primary Residential Mortgage, INC. funded only 8.0% of 1,840 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 23.0% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Valencia County's 3,739 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Valencia County's $201,542 average loan (deduped against volume peers).
Lenders active in Valencia County
Primary Residential Mortgage, INC. funded 148 of the 1,840 loans originated in Valencia County, 8.0% of the county. 149 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Primary Residential Mortgage, INC. | 148 | 8.0% |
| 2 | Guild Mortgage Company | 147 | 8.0% |
| 3 | Waterstone Mortgage Corporation | 129 | 7.0% |
| 4 | Nusenda Federal Credit Union | 101 | 5.5% |
| 5 | Rocket Mortgage | 100 | 5.4% |
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; does not constitute financial advice for Valencia County borrowers.
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 Valencia County 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. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.