Specialty Mortgage Corporation
Mortgage Loan Application
Totals and Details
for 2004

Find mortgage loan statistics, lending data, and loan application totals for New Mexico.
The mortgage statistics and data below are specific to mortgage loan applications for Specialty Mortgage Corporation.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.

Mortgage Company & Address Specialty Mortgage Corporation
2901 Juan Tabo Ne, Ste 100
Albuquerque, NM 87112
Tel #: available with data download
Federal Regulator * available with data download
Years 2004  2003  
Total Number of Mortgage Applications 4,842
Total Mortgage Loan Application Amount $552,467,000
Average Mortgage Loan Application Amount $118,600
Highest Mortgage Loan Application Amount $680,000
Average Applicant Income $56,246
Highest Applicant Income $1,995,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in NM, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Specialty Mortgage Corporation by Metropolitan Area in 2004

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
CHICAGO-NAPERVILLE-JOLIET, IL 399 $ 51,315,000 $ 128,000 $ 68,000
DETROIT-LIVONIA-DEARBORN, MI 348 $ 32,461,000 $ 93,000 $ 69,000
HOUSTON-BAYTOWN-SUGAR LAND, TX 249 $ 29,096,000 $ 116,000 $ 70,000
WARREN-FARMINGTON HILLS-TROY, MI 146 $ 21,638,000 $ 148,000 $ 64,000
MEMPHIS, TN-MS-AR 131 $ 12,314,000 $ 94,000 $ 46,000
ST. LOUIS, MO-IL 106 $ 10,615,000 $ 100,000 $ 53,000
ALBUQUERQUE, NM 92 $ 11,507,000 $ 125,000 $ 62,000
PHILADELPHIA, PA 86 $ 9,866,000 $ 114,000 $ 66,000
PITTSBURGH, PA 77 $ 7,118,000 $ 92,000 $ 50,000
BATON ROUGE, LA 74 $ 7,385,000 $ 99,000 $ 49,000
MIAMI-MIAMI BEACH-KENDALL, FL 71 $ 10,341,000 $ 145,000 $ 57,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 69 $ 8,211,000 $ 119,000 $ 63,000
DALLAS-PLANO-IRVING, TX 66 $ 8,042,000 $ 121,000 $ 72,000
DENVER-AURORA, CO 66 $ 11,418,000 $ 173,000 $ 85,000
ORLANDO, FL 64 $ 6,841,000 $ 106,000 $ 51,000
INDIANAPOLIS, IN 60 $ 6,194,000 $ 103,000 $ 48,000
LAS VEGAS-PARADISE, NV 58 $ 8,890,000 $ 153,000 $ 66,000
SCRANTON--WILKES-BARRE, PA 57 $ 5,135,000 $ 90,000 $ 38,000
BALTIMORE-TOWSON, MD 43 $ 5,368,000 $ 124,000 $ 65,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 40 $ 7,543,000 $ 188,000 $ 83,000
FLINT, MI 39 $ 4,598,000 $ 117,000 $ 48,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 39 $ 5,228,000 $ 134,000 $ 58,000
GARY, IN 36 $ 3,558,000 $ 98,000 $ 45,000
LANSING-EAST LANSING, MI 36 $ 4,053,000 $ 112,000 $ 53,000
FAYETTEVILLE, NC 34 $ 3,685,000 $ 108,000 $ 66,000
JACKSONVILLE, FL 33 $ 3,389,000 $ 102,000 $ 61,000
NEW ORLEANS-METAIRIE-KENNER, LA 31 $ 3,184,000 $ 102,000 $ 45,000
COLUMBIA, SC 30 $ 2,966,000 $ 98,000 $ 50,000
DAYTON, OH 28 $ 2,534,000 $ 90,000 $ 44,000
BROWNSVILLE-HARLINGEN, TX 27 $ 2,168,000 $ 80,000 $ 54,000
CHARLOTTE-GASTONIA-CONCORD, NC-SC 27 $ 3,604,000 $ 133,000 $ 74,000
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC 27 $ 2,550,000 $ 94,000 $ 39,000
LITTLE ROCK-NORTH LITTLE ROCK, AR 26 $ 2,379,000 $ 91,000 $ 45,000
FORT WAYNE, IN 24 $ 2,727,000 $ 113,000 $ 48,000
MUSKEGON-NORTON SHORES, MI 24 $ 2,080,000 $ 86,000 $ 35,000
COLUMBUS, OH 23 $ 2,736,000 $ 118,000 $ 61,000
NASHVILLE-DAVIDSON--MURFREESBORO, TN 23 $ 2,387,000 $ 103,000 $ 45,000
SAN ANTONIO, TX 23 $ 2,361,000 $ 102,000 $ 85,000
CHARLESTON-NORTH CHARLESTON, SC 22 $ 2,196,000 $ 99,000 $ 53,000
COLORADO SPRINGS, CO 22 $ 2,625,000 $ 119,000 $ 64,000
LAKE CHARLES, LA 22 $ 2,105,000 $ 95,000 $ 49,000
WILMINGTON, DE-MD-NJ 22 $ 3,239,000 $ 147,000 $ 71,000
JACKSON, MI 21 $ 2,372,000 $ 112,000 $ 43,000
PHOENIX-MESA-SCOTTSDALE, AZ 21 $ 2,753,000 $ 131,000 $ 79,000
CINCINNATI-MIDDLETOWN, OH-KY-IN 20 $ 2,143,000 $ 107,000 $ 56,000
CLEVELAND-ELYRIA-MENTOR, OH 20 $ 2,394,000 $ 119,000 $ 56,000
EL PASO, TX 20 $ 1,856,000 $ 92,000 $ 60,000
FORT WORTH-ARLINGTON, TX 20 $ 2,771,000 $ 138,000 $ 67,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 20 $ 2,051,000 $ 102,000 $ 50,000
LAKELAND, FL 20 $ 2,299,000 $ 114,000 $ 44,000
BEAUMONT-PORT ARTHUR, TX 18 $ 1,697,000 $ 94,000 $ 57,000
GRAND RAPIDS-WYOMING, MI 18 $ 2,677,000 $ 148,000 $ 58,000
LOUISVILLE, KY-IN 18 $ 1,826,000 $ 101,000 $ 52,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 18 $ 2,454,000 $ 136,000 $ 94,000
SANTA FE, NM 15 $ 2,601,000 $ 173,000 $ 57,000
SPRINGFIELD, MO 15 $ 1,263,000 $ 84,000 $ 36,000
SALT LAKE CITY, UT 14 $ 1,817,000 $ 129,000 $ 65,000
OCALA, FL 13 $ 1,154,000 $ 88,000 $ 29,000
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 12 $ 1,456,000 $ 121,000 $ 56,000
BETHESDA-FREDERICK-GAITHERSBURG, MD 12 $ 2,283,000 $ 190,000 $ 75,000
FLORENCE, SC 12 $ 1,220,000 $ 101,000 $ 54,000
BATTLE CREEK, MI 11 $ 1,041,000 $ 94,000 $ 44,000
LUBBOCK, TX 11 $ 857,000 $ 77,000 $ 47,000
MCALLEN-EDINBURG-PHARR, TX 11 $ 1,035,000 $ 94,000 $ 55,000
NAPLES-MARCO ISLAND, FL 11 $ 1,346,000 $ 122,000 $ 64,000
AUSTIN-ROUND ROCK, TX 10 $ 1,508,000 $ 150,000 $ 67,000
CAPE CORAL-FORT MYERS, FL 10 $ 1,325,000 $ 132,000 $ 66,000
DOVER, DE 10 $ 1,189,000 $ 118,000 $ 65,000
JOHNSTOWN, PA 10 $ 1,087,000 $ 108,000 $ 52,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 10 $ 1,025,000 $ 102,000 $ 37,000
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA 10 $ 2,019,000 $ 201,000 $ 67,000
SAGINAW-SAGINAW TOWNSHIP NORTH, MI 10 $ 911,000 $ 91,000 $ 56,000
ERIE, PA 9 $ 819,000 $ 91,000 $ 46,000
GREENVILLE, SC 9 $ 872,000 $ 96,000 $ 58,000
KANSAS CITY, MO-KS 9 $ 876,000 $ 97,000 $ 43,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 9 $ 2,575,000 $ 286,000 $ 87,000
TALLAHASSEE, FL 9 $ 834,000 $ 92,000 $ 55,000
TOLEDO, OH 9 $ 1,129,000 $ 125,000 $ 53,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 9 $ 949,000 $ 105,000 $ 60,000
BLOOMINGTON, IN 8 $ 675,000 $ 84,000 $ 46,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 8 $ 1,445,000 $ 180,000 $ 72,000
DURHAM, NC 8 $ 1,052,000 $ 131,000 $ 54,000
GREENSBORO-HIGH POINT, NC 8 $ 767,000 $ 95,000 $ 50,000
HARRISBURG-CARLISLE, PA 8 $ 854,000 $ 106,000 $ 33,000
LAREDO, TX 8 $ 1,026,000 $ 128,000 $ 75,000
PORTLAND-VANCOUVER-BEAVERTON, OR-WA 8 $ 1,201,000 $ 150,000 $ 65,000
RICHMOND, VA 8 $ 792,000 $ 99,000 $ 73,000
SARASOTA-BRADENTON-VENICE, FL 8 $ 1,311,000 $ 163,000 $ 58,000
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 8 $ 1,012,000 $ 126,000 $ 61,000
ANN ARBOR, MI 7 $ 1,000,000 $ 142,000 $ 75,000
CHATTANOOGA, TN-GA 7 $ 726,000 $ 103,000 $ 52,000
DULUTH, MN-WI 7 $ 1,128,000 $ 161,000 $ 58,000
HOUMA-BAYOU CANE-THIBODAUX, LA 7 $ 649,000 $ 92,000 $ 48,000
JONESBORO, AR 7 $ 811,000 $ 115,000 $ 51,000
KALAMAZOO-PORTAGE, MI 7 $ 725,000 $ 103,000 $ 47,000
LEXINGTON-FAYETTE, KY 7 $ 605,000 $ 86,000 $ 31,000
OWENSBORO, KY 7 $ 419,000 $ 59,000 $ 33,000
BAY CITY, MI 6 $ 584,000 $ 97,000 $ 111,000
COLLEGE STATION-BRYAN, TX 6 $ 516,000 $ 86,000 $ 43,000
CORPUS CHRISTI, TX 6 $ 474,000 $ 79,000 $ 47,000
HOLLAND-GRAND HAVEN, MI 6 $ 541,000 $ 90,000 $ 41,000
HOT SPRINGS, AR 6 $ 698,000 $ 116,000 $ 48,000
KOKOMO, IN 6 $ 603,000 $ 100,000 $ 52,000
LAS CRUCES, NM 6 $ 478,000 $ 79,000 $ 37,000
PORT ST. LUCIE-FORT PIERCE, FL 6 $ 973,000 $ 162,000 $ 93,000
SIOUX FALLS, SD 6 $ 578,000 $ 96,000 $ 51,000
SPRINGFIELD, IL 6 $ 527,000 $ 87,000 $ 50,000
TERRE HAUTE, IN 6 $ 414,000 $ 69,000 $ 54,000
ALTOONA, PA 5 $ 344,000 $ 68,000 $ 49,000
CAMDEN, NJ 5 $ 492,000 $ 98,000 $ 47,000
ELIZABETHTOWN, KY 5 $ 479,000 $ 95,000 $ 44,000
EVANSVILLE, IN-KY 5 $ 464,000 $ 92,000 $ 52,000
FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO 5 $ 556,000 $ 111,000 $ 72,000
GAINESVILLE, FL 5 $ 471,000 $ 94,000 $ 52,000
GRAND JUNCTION, CO 5 $ 836,000 $ 167,000 $ 113,000
JACKSON, TN 5 $ 496,000 $ 99,000 $ 44,000
JOHNSON CITY, TN 5 $ 474,000 $ 94,000 $ 29,000
JOPLIN, MO 5 $ 467,000 $ 93,000 $ 38,000
LANCASTER, PA 5 $ 537,000 $ 107,000 $ 42,000
NILES-BENTON HARBOR, MI 5 $ 523,000 $ 104,000 $ 32,000
PEORIA, IL 5 $ 502,000 $ 100,000 $ 60,000
PUEBLO, CO 5 $ 287,000 $ 57,000 $ 38,000
RALEIGH-CARY, NC 5 $ 637,000 $ 127,000 $ 51,000
READING, PA 5 $ 638,000 $ 127,000 $ 50,000
SALISBURY, MD 5 $ 569,000 $ 113,000 $ 37,000
ST. JOSEPH, MO-KS 5 $ 448,000 $ 89,000 $ 41,000
WILLIAMSPORT, PA 5 $ 444,000 $ 88,000 $ 40,000
ANDERSON, IN 4 $ 389,000 $ 97,000 $ 46,000
BOISE CITY-NAMPA, ID 4 $ 464,000 $ 116,000 $ 64,000
CLEVELAND, TN 4 $ 405,000 $ 101,000 $ 50,000
COEUR D'ALENE, ID 4 $ 347,000 $ 86,000 $ 43,000
ELKHART-GOSHEN, IN 4 $ 291,000 $ 72,000 $ 272,000
GREAT FALLS, MT 4 $ 308,000 $ 77,000 $ 44,000
MUNCIE, IN 4 $ 273,000 $ 68,000 $ 34,000
PANAMA CITY-LYNN HAVEN, FL 4 $ 397,000 $ 99,000 $ 53,000
PENSACOLA-FERRY PASS-BRENT, FL 4 $ 421,000 $ 105,000 $ 46,000
PINE BLUFF, AR 4 $ 296,000 $ 74,000 $ 54,000
RAPID CITY, SD 4 $ 297,000 $ 74,000 $ 51,000
ROCKFORD, IL 4 $ 404,000 $ 101,000 $ 47,000
SAN DIEGO-CARLSBAD-SAN MARCOS, CA 4 $ 581,000 $ 145,000 $ 78,000
SOUTH BEND-MISHAWAKA, IN-MI 4 $ 329,000 $ 82,000 $ 36,000
SPARTANBURG, SC 4 $ 443,000 $ 110,000 $ 52,000
SUMTER, SC 4 $ 391,000 $ 97,000 $ 20,000
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 4 $ 330,000 $ 82,000 $ 21,000
ASHEVILLE, NC 3 $ 389,000 $ 129,000 $ 46,000
BILLINGS, MT 3 $ 396,000 $ 132,000 $ 58,000
BOULDER, CO 3 $ 823,000 $ 274,000 $ 78,000
CANTON-MASSILLON, OH 3 $ 265,000 $ 88,000 $ 113,000
CLARKSVILLE, TN-KY 3 $ 265,000 $ 88,000 $ 72,000
DANVILLE, VA 3 $ 482,000 $ 160,000 $ 73,000
GREELEY, CO 3 $ 421,000 $ 140,000 $ 70,000
HICKORY-LENOIR-MORGANTON, NC 3 $ 208,000 $ 69,000 $ 29,000
KANKAKEE-BRADLEY, IL 3 $ 437,000 $ 145,000 $ 60,000
LAFAYETTE, IN 3 $ 355,000 $ 118,000 $ 40,000
MONROE, MI 3 $ 394,000 $ 131,000 $ 40,000
OAKLAND-FREMONT-HAYWARD, CA 3 $ 528,000 $ 176,000 $ 64,000
PRESCOTT, AZ 3 $ 312,000 $ 104,000 $ 58,000
SHREVEPORT-BOSSIER CITY, LA 3 $ 569,000 $ 189,000 $ 64,000
WACO, TX 3 $ 315,000 $ 105,000 $ 71,000
YORK-HANOVER, PA 3 $ 284,000 $ 94,000 $ 36,000
AKRON, OH 2 $ 163,000 $ 81,000 $ 49,000
ALEXANDRIA, LA 2 $ 283,000 $ 141,000 $ 58,000
AMARILLO, TX 2 $ 259,000 $ 129,000 $ 72,000
ANDERSON, SC 2 $ 212,000 $ 106,000 $ 31,000
BAKERSFIELD, CA 2 $ 245,000 $ 122,000 $ 64,000
BLOOMINGTON-NORMAL, IL 2 $ 164,000 $ 82,000 $ 68,000
CHICO, CA 2 $ 171,000 $ 85,000 $ 64,000
COLUMBUS, IN 2 $ 145,000 $ 72,000 $ 24,000
DANVILLE, IL 2 $ 273,000 $ 136,000 $ 56,000
FARMINGTON, NM 2 $ 316,000 $ 158,000 $ 66,000
FORT COLLINS-LOVELAND, CO 2 $ 212,000 $ 106,000 $ 150,000
FORT WALTON BEACH-CRESTVIEW-DESTIN, FL 2 $ 291,000 $ 145,000 $ 66,000
FRESNO, CA 2 $ 296,000 $ 148,000 $ 64,000
LYNCHBURG, VA 2 $ 226,000 $ 113,000 $ 23,000
MICHIGAN CITY-LA PORTE, IN 2 $ 175,000 $ 87,000 $ 27,000
MONROE, LA 2 $ 127,000 $ 63,000 $ 28,000
OGDEN-CLEARFIELD, UT 2 $ 212,000 $ 106,000 $ 54,000
REDDING, CA 2 $ 480,000 $ 240,000 $ 96,000
ROCKY MOUNT, NC 2 $ 212,000 $ 106,000 $ 64,000
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 2 $ 559,000 $ 279,000 $ 87,000
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 2 $ 158,000 $ 79,000 $ 140,000
VICTORIA, TX 2 $ 129,000 $ 64,000 $ 57,000
VISALIA-PORTERVILLE, CA 2 $ 153,000 $ 76,000 $ 35,000
WILMINGTON, NC 2 $ 233,000 $ 116,000 $ 52,000
WINSTON-SALEM, NC 2 $ 273,000 $ 136,000 $ 73,000
ATLANTA-SANDY SPRINGS-MARIETTA, GA 1 $ 130,000 $ 130,000 $ 43,000
BARNSTABLE TOWN, MA 1 $ 106,000 $ 106,000 $ 56,000
BURLINGTON, NC 1 $ 150,000 $ 150,000 $ 46,000
CARSON CITY, NV 1 $ 190,000 $ 190,000 $ 47,000
CHARLESTON, WV 1 $ 92,000 $ 92,000 $ 26,000
CHEYENNE, WY 1 $ 46,000 $ 46,000 $ 59,000
DECATUR, IL 1 $ 43,000 $ 43,000 $ 68,000
FORT SMITH, AR-OK 1 $ 125,000 $ 125,000 $ 74,000
IDAHO FALLS, ID 1 $ 77,000 $ 77,000 $ 47,000
JEFFERSON CITY, MO 1 $ 65,000 $ 65,000 $ 86,000
KILLEEN-TEMPLE-FORT HOOD, TX 1 $ 55,000 $ 55,000 $ 62,000
KINGSPORT-BRISTOL-BRISTOL, TN-VA 1 $ 106,000 $ 106,000 $ 21,000
KNOXVILLE, TN 1 $ 50,000 $ 50,000 $ 28,000
LAFAYETTE, LA 1 $ 248,000 $ 248,000 $ 156,000
LEBANON, PA 1 $ 69,000 $ 69,000 $ 44,000
LIMA, OH 1 $ 119,000 $ 119,000 $ 93,000
LONGVIEW, TX 1 $ 68,000 $ 68,000 $ 63,000
MEDFORD, OR 1 $ 124,000 $ 124,000 $ 73,000
MERCED, CA 1 $ 106,000 $ 106,000 $ 240,000
MODESTO, CA 1 $ 150,000 $ 150,000 $ 46,000
MORRISTOWN, TN 1 $ 285,000 $ 285,000 $ 107,000
NAPA, CA 1 $ 50,000 $ 50,000 $ 53,000
NEWARK-UNION, NJ-PA 1 $ 166,000 $ 166,000 $ 83,000
ODESSA, TX 1 $ 106,000 $ 106,000 $ 44,000
POCATELLO, ID 1 $ 106,000 $ 106,000 $ 37,000
PUNTA GORDA, FL 1 $ 106,000 $ 106,000 $ 63,000
RENO-SPARKS, NV 1 $ 106,000 $ 106,000 $ 94,000
SALEM, OR 1 $ 106,000 $ 106,000 $ 0
SAN ANGELO, TX 1 $ 65,000 $ 65,000 $ 30,000
SANDUSKY, OH 1 $ 67,000 $ 67,000 $ 42,000
SANTA ROSA-PETALUMA, CA 1 $ 200,000 $ 200,000 $ 77,000
SPRINGFIELD, OH 1 $ 136,000 $ 136,000 $ 34,000
STOCKTON, CA 1 $ 310,000 $ 310,000 $ 101,000
TUCSON, AZ 1 $ 112,000 $ 112,000 $ 64,000
VALLEJO-FAIRFIELD, CA 1 $ 64,000 $ 64,000 $ 69,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 1 $ 106,000 $ 106,000 $ 17,000
WICHITA FALLS, TX 1 $ 57,000 $ 57,000 $ 35,000
YUMA, AZ 1 $ 60,000 $ 60,000 $ 31,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of New Mexico, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Specialty Mortgage Corporation in 2004

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 3,280 $360,738,000 $112,171 $675,000 $52,514 $750,000
Refinancing 1,562 $191,729,000 $126,100 $680,000 $60,600 $1,995,000
Home Improvement 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 1,908 $221,139,000 $116,687 $680,000 $56,437 $1,995,000
Black or African American 1,499 $166,745,000 $125,071 $675,000 $52,178 $750,000
Not Provided 808 $89,561,000 $118,758 $625,000 $58,172 $300,000
Hispanic 534 $63,328,000 $127,086 $500,000 $59,434 $345,000
Asian 60 $8,603,000 $141,000 $380,000 $81,187 $240,000
American Indian or Alaskan Native 23 $2,163,000 $108,727 $261,000 $46,363 $81,000
Native Hawaiian or Other Pacific Islander 10 $928,000 $95,666 $134,000 $70,500 $147,000
Not applicable 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 4,842 $552,467,000 $116,000 $680,000 $53,857 $1,995,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Application Approved But Not Accepted 2,234 $262,224,000 $123,062 $680,000 $57,156 $1,995,000
Loan Originated 1,397 $157,656,000 $114,400 $452,000 $54,933 $747,000
Application Denied By Financial Institution 1,176 $128,704,000 $109,294 $675,000 $52,705 $750,000
Application Withdrawn By Applicant 34 $3,777,000 $107,214 $265,000 $51,642 $296,000
File Closed For Incompleteness 1 $106,000 $106,000 $106,000 $60,000 $60,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Other 10 $952,000 $100,142 $133,000 $37,000 $91,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in NM, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in New Mexico, and search similar information at your convenience.

Download the New Mexico Lender List