Otero County, NM Mortgage Lenders & HMDA Data, 2024

In 2024, lenders reported 2,197 mortgage applications in Otero County, NM totaling $409.7 million, up 14% from 2023. The average application was for $186,000, and applicants reported an average income of $90,000. 47% of applications resulted in an originated loan and 17% were denied. The most active lender was 21st Mortgage, with 208 applications, followed by Gateway First Bank and Click N' Close, Inc..

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Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 2,197
Total Mortgage Loan Application Amount $409,695,000
Average Mortgage Loan Application Amount $186,000
Highest Mortgage Loan Application Amount $725,000
Average Applicant Income $90,000
Highest Applicant Income $1,160,000

Mortgage Company List for Lending in Otero County, NM for 2024

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ n/a 208 $ 25,820,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ n/a 165 $ 22,125,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ n/a 141 $ 33,285,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 130 $ 29,700,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 104 $ 23,070,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 79 $ 19,075,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 77 $ 21,095,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ n/a 75 $ 8,775,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 59 $ 11,295,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 46 $ 11,330,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 37 $ 5,285,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 34 $ 7,530,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 34 $ 5,070,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ n/a 33 $ 4,495,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 29 $ 5,885,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 27 $ 1,815,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ n/a 26 $ 5,870,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ n/a 25 $ 4,935,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 25 $ 5,055,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 24 $ 4,530,000
Homeowners Financial Group, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85251
* $ n/a 23 $ 5,085,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ n/a 21 $ 3,745,000
Jmac Lending, Inc.
2510 RED HILL AVENUE
SANTA ANA, CA 92705
* $ n/a 21 $ 5,085,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 21 $ 3,325,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 20 $ 3,820,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ n/a 17 $ 665,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ n/a 17 $ 2,005,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 17 $ 2,475,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ n/a 17 $ 3,895,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ n/a 16 $ 3,520,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 16 $ 1,330,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ n/a 16 $ 1,480,000
Armed Forces Bank, N.A.
320 KANSAS AVENUE
FORT LEAVENWORTH, KS 66027
* $ n/a 15 $ 4,225,000
Flagstar Bank NA

TROY, MI 49098
* $ n/a 15 $ 2,975,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ n/a 13 $ 2,295,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 13 $ 2,945,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 13 $ 2,625,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 13 $ 2,235,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ n/a 12 $ 3,090,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ n/a 12 $ 3,980,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ n/a 12 $ 1,280,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ n/a 12 $ 2,530,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ n/a 12 $ 3,070,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 12 $ 2,740,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ n/a 12 $ 3,320,000
First Savings Bank
201 N 3RD ST
BERESFORD, SD 57004
* $ n/a 12 $ 1,120,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ n/a 11 $ 1,815,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 11 $ 525,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 10 $ 1,130,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 9 $ 1,915,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 8 $ 2,250,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ n/a 7 $ 1,455,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ n/a 7 $ 1,135,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ n/a 6 $ 300,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ n/a 6 $ 1,100,000
Countryplace Mortgage, Ltd.

PLANO, TX 75024
* $ n/a 6 $ 620,000
Pioneer Bank
3000 N. MAIN ST. / P. O. BOX 130
ROSWELL, NM 88201
* $ n/a 6 $ 600,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 6 $ 1,550,000
Gecu
1225 AIRWAY BLVD
EL PASO, TX 79925
* $ n/a 6 $ 720,000
First New Mexico Bank, Las Cru
3000 E. LOHMAN AVE
LAS CRUCES, NM 88011
* $ n/a 6 $ 770,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ n/a 6 $ 830,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ n/a 5 $ 965,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 5 $ 935,000
Mountain America Federal Credit Union
7181 SOUTH CAMPUS VIEW DRIVE
SANDY, UT 84091
* $ n/a 5 $ 665,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ n/a 5 $ 855,000
First American Bank
303 W MAIN ST
ARTESIA, NM 88210
* $ n/a 5 $ 1,085,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ n/a 5 $ 915,000
Firstlight Federal Credit Unio
9983 KENWORTHY ST.
EL PASO, TX 79924
* $ n/a 4 $ 450,000
Sunflower Bank, N.A.
3025 CORTLAND CIRCLE - PO BOX 800
DALLAS, TX 75225
* $ n/a 4 $ 1,610,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ n/a 4 $ 1,460,000
Loan Funder LLC
645 MADISON AVENUE, 19TH FLOOR
NEW YORK, NY 10022
* $ n/a 4 $ 330,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ n/a 3 $ 565,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ n/a 3 $ 515,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ n/a 3 $ 1,315,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ n/a 3 $ 705,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ n/a 3 $ 685,000
Citizens Bank of Las Cruces
505 S MAIN STREET
LAS CRUCES, NM 88001
* $ n/a 3 $ 1,015,000
City Bank
5219 CITY BANK PARKWAY
LUBBOCK, TX 79408
* $ n/a 3 $ 645,000
Nexbank
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ n/a 3 $ 645,000
Directors Mortgage, Inc
4550 SW KRUSE WAY, SUITE 275
LAKE OSWEGO, OR 97035
* $ n/a 3 $ 525,000
Sunward
3707 JUAN TABO NE
ALBUQUERQUE, NM 87109
* $ n/a 3 $ 465,000
Cake Mortgage Corp.
9200 OAKDALE AVE STE 501
CHATSWORTH, CA 91311
* $ n/a 3 $ 915,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ n/a 3 $ 455,000
Eustis Mortgage Corp
1100 POYDRAS STREET SUITE 2525
NEW ORLEANS, LA 70115
* $ n/a 3 $ 895,000
First National Bank Texas
507 N. GRAY ST.
KILLEEN, TX 76541
* $ n/a 3 $ 725,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ n/a 3 $ 455,000
Wsfs Bank
500 DELAWARE AVENUE
WILMINGTON, DE 19801
* $ n/a 3 $ 155,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 3 $ 375,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ n/a 3 $ 925,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ n/a 3 $ 225,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ n/a 3 $ 505,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ n/a 2 $ 170,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ n/a 2 $ 130,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ n/a 2 $ 490,000
Securitynational Mortgage Company
5300 SOUTH 360 WEST
SALT LAKE CITY, UT 84123
* $ n/a 2 $ 410,000
Washington Federal
425 PIKE ST
SEATTLE, WA 98101
* $ n/a 2 $ 450,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ n/a 2 $ 360,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ n/a 2 $ 200,000
Loanpeople, LLC
3420 EXECUTIVE CENTER DR #G100
AUSTIN, TX 78731
* $ n/a 2 $ 970,000
Nusenda Federal Credit Union
PO BOX 8530
ALBUQUERQUE, NM 87107
* $ n/a 2 $ 870,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ n/a 2 $ 530,000
Valley West Corporation
8010 W SAHARA AVE SUITE #140
LAS VEGAS, NV 89117
* $ n/a 2 $ 370,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ n/a 2 $ 390,000
Change Lending
175 N. RIVERVIEW DRIVE SUITE C
ANAHEIM, CA 92808
* $ n/a 2 $ 580,000
Rio Grande Credit Union
10001 LOMAS BLVD, NE
ALBUQUERQUE, NM 87105
* $ n/a 2 $ 100,000
Lima One Capital, LLC
201 E. MCBEE AVE, SUITE 300
GREENVILLE, SC 29601
* $ n/a 2 $ 700,000
Velocity Commercial Capital LLC
2945 TOWNSGATE ROAD SUITE 110
WESTLAKE VILLAGE, CA 91361
* $ n/a 2 $ 500,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ n/a 2 $ 420,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ n/a 2 $ 1,120,000
Ally Bank

CHARLOTTE, NC 28202
* $ n/a 2 $ 500,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ n/a 2 $ 310,000
Del Norte Credit Union
PO BOX 1180
LOS ALAMOS, NM 87544
* $ n/a 2 $ 120,000
Clearpath Lending
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ n/a 2 $ 380,000
Contour Mortgage Corporation
990 STEWART AVENUE STE#660
GARDEN CITY, NY 11530
* $ n/a 1 $ 105,000
Bpl Mortgage, LLC

OAKBROOK TERRACE, IL 60181
* $ n/a 1 $ 95,000
Stride Bank, National Association
324 WEST BROADWAY AVENUE
ENID, OK 73701
* $ n/a 1 $ 515,000
Collins Community Credit Union
1150 42ND STREET NE
CEDAR RAPIDS, IA 52402
* $ n/a 1 $ 45,000
Members 1st Credit Union
PO BOX 492395
REDDING, CA 96003
* $ n/a 1 $ 195,000
Brighton Bank
7663 HIGHWAY 51 S
BRIGHTON, TN 38011
* $ n/a 1 $ 385,000
The Loan Store, Inc

TUCSON, AZ 85718
* $ n/a 1 $ 175,000
Data Mortgage, Inc

OCALA, FL 34475
* $ n/a 1 $ 415,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ n/a 1 $ 125,000
Sun American Mortgage Company
4140 E. BASELINE RD., #206
MESA, AZ 85206
* $ n/a 1 $ 145,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ n/a 1 $ 75,000
Veritas Funding, LLC
MORGUN HALL
MIDVALE, UT 84047
* $ n/a 1 $ 355,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ n/a 1 $ 295,000
Pacific Residential Mortgage, LLC
4949 MEADOWS ROAD SUITE 350
LAKE OSWEGO, OR 97035
* $ n/a 1 $ 185,000
Cadence Lending Group, Inc.
211 W YANDELL DR
EL PASO, TX 79902
* $ n/a 1 $ 655,000
Sandia Area Federal Credit Uni
PO BOX 18044
ALBUQUERQUE, NM 87185
* $ n/a 1 $ 45,000
Canvas Credit Union
PO BOX 5238
ENGLEWOOD, CO 80155
* $ n/a 1 $ 185,000
A+ Federal Credit Union
6420 US HWY 290 EAST
AUSTIN, TX 78723
* $ n/a 1 $ 95,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ n/a 1 $ 195,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ n/a 1 $ 335,000
Emporium Tpo LLC

FRISCO, TX 75034
* $ n/a 1 $ 255,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ n/a 1 $ 205,000
Homexpress Mortgage Corp.
1936 E DEERE AVE SUITE 200
SANTA ANA, CA 92705
* $ n/a 1 $ 155,000
Lrs Financial Network dba Hnb Mortgage
2101 W. WADLEY STE. 36
MIDLAND, TX 79705
* $ n/a 1 $ 245,000
Ideal Credit Union
8499 TAMARACK ROAD
WOODBURY, MN 55125
* $ n/a 1 $ 185,000
Luxury Mortgage Corp.
FOUR LANDMARK SQUARE SUITE 300
STAMFORD, CT 06901
* $ n/a 1 $ 115,000
Centennial Bank
PO BOX 966
ARKANSAS, AR 72033
* $ n/a 1 $ 375,000
Prosperity Bank
1301 N MECHANIC ST
EL CAMPO, TX 77437
* $ n/a 1 $ 45,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ n/a 1 $ 225,000
Hometown Equity Mortgage, LLC
25531 COMMERCENTRE DRIVE SUITE 250
LAKE FOREST, CA 92630
* $ n/a 1 $ 215,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ n/a 1 $ 85,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ n/a 1 $ 275,000
Service First Federal Credit Union
3901 E 10TH STREET
SIOUX FALLS, SD 57103
* $ n/a 1 $ 245,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ n/a 1 $ 185,000
Star One Credit Union
PO BOX 3643
SUNNYVALE, CA 94088
* $ n/a 1 $ 205,000
Quorum Federal Credit Union
2500 WESTCHESTER AVENUE
PURCHASE, NY 10577
* $ n/a 1 $ 75,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ n/a 1 $ 175,000
Tjc Mortgage Inc
1 PERIMETER PARK S, STE 230 S
BIRMINGHAM, AL 35243
* $ n/a 1 $ 215,000
Raiz Federal Credit Union
12020 ROJAS
EL PASO, TX 79936
* $ n/a 1 $ 125,000
Cornerstone First Mortgage, LLC
2655 CAMINO DEL RIO N #450
SAN DIEGO, CA 92108
* $ n/a 1 $ 295,000
Loanunited.Com, LLC
3235 SATELLITE BLVD SUITE 314
DULUTH, GA 30096
* $ n/a 1 $ 195,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ n/a 1 $ 345,000
First Technology Federal Credit Union

HILLSBORO, OR 97124
* $ n/a 1 $ 65,000
Belem Servicing, LLC dba Patriot Home Mortgage
230 N 1680 E
ST GEORGE, UT 84770
* $ n/a 1 $ 605,000
The Central Trust Bank
238 MADISON ST.
JEFFERSON CITY, MO 65101
* $ n/a 1 $ 385,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ n/a 1 $ 215,000
Aml Funding LLC dba Absolute Mortgage & Lending
4230 LYNDON B JOHNSON FWY #626
DALLAS, TX 75244
* $ n/a 1 $ 155,000
Mission Loans, LLC

IRVINE, CA 92612
* $ n/a 1 $ 165,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ n/a 1 $ 145,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ n/a 1 $ 295,000
Stockton Mortgage Corporation
88 C MICHAEL DAVENPORT BLVD.
FRANKFORT, KY 40601
* $ n/a 1 $ 205,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ n/a 1 $ 475,000
Nova Financial & Investment Corporation
6245 E. BROADWAY BLVD., SUITE 400
TUCSON, AZ 85711
* $ n/a 1 $ 155,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ n/a 1 $ 165,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ n/a 1 $ 185,000
Southwest Funding LP
13150 COIT ROAD STE 100
DALLAS, TX 75240
* $ n/a 1 $ 285,000
Quontic Bank
31-05 BROADWAY
ASTORIA, NY 11106
* $ n/a 1 $ 255,000
Rpe Home, Inc
1312 17TH STREET SUITE 71618
DENVER, CO 80202
* $ n/a 1 $ 135,000
Citadel Servicing Corporation
15707 ROCKFIELD BLVD STE 320
IRVINE, CA 92618
* $ n/a 1 $ 255,000
Consumers Credit Union
PO BOX 525
KALAMAZOO, MI 49009
* $ n/a 1 $ 65,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ n/a 1 $ 155,000

The tables below break down 2024 mortgage applications in Otero County, NM by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Otero County, NM in 2024

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 1,428 $284,510,000 $199,000 $665,000 $90,000 $897,000
Cash-out Refinancing 357 $61,425,000 $172,000 $565,000 $87,000 $1,160,000
Refinancing 213 $46,725,000 $219,000 $725,000 $91,000 $364,000
Other Purpose 120 $10,910,000 $90,000 $505,000 $92,000 $1,012,000
Home Improvement 76 $5,860,000 $77,000 $425,000 $99,000 $762,000
Not Applicable 3 $265,000 $88,000 $225,000 $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 824 $158,010,000 $191,000 $725,000 $95,000 $1,012,000
Hispanic 604 $91,810,000 $152,000 $605,000 $82,000 $762,000
Not Provided 428 $85,760,000 $200,000 $585,000 $92,000 $1,160,000
Not applicable 212 $49,320,000 $232,000 $605,000 $103,000 $364,000
Black or African American 53 $11,595,000 $218,000 $575,000 $103,000 $479,000
American Indian or Alaskan Native 42 $6,360,000 $151,000 $365,000 $65,000 $140,000
Asian 25 $5,665,000 $226,000 $395,000 $112,000 $265,000
Native Hawaiian or Other Pacific Islander 9 $1,175,000 $130,000 $285,000 $58,000 $103,000

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) 1,107 $154,125,000 $139,000 $725,000 $90,000 $1,012,000
VA-guaranteed (Veterans Administration) 769 $195,985,000 $254,000 $585,000 $97,000 $1,160,000
FHA-insured (Federal Housing Administration) 315 $59,535,000 $189,000 $495,000 $75,000 $1,000,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 6 $50,000 $8,000 $15,000 $48,000 $73,000

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
Loan Originated 1,037 $207,095,000 $199,000 $665,000 $96,000 $1,160,000
Application Denied By Financial Institution 382 $53,520,000 $140,000 $655,000 $76,000 $1,012,000
Application Withdrawn By Applicant 382 $71,410,000 $186,000 $725,000 $92,000 $739,000
Loan Purchased By The Institution 189 $45,485,000 $240,000 $605,000 $100,000 $364,000
File Closed For Incompleteness 148 $22,050,000 $148,000 $565,000 $85,000 $762,000
Application Approved But Not Accepted 58 $9,990,000 $172,000 $655,000 $81,000 $274,000
Preapproval Approved but not Accepted 1 $145,000 $145,000 $145,000 $184,000 $184,000
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
Not applicable 1,811 $355,365,000 $196,000 $725,000 $93,000 $1,160,000
Debt-To-Income Ratio 127 $18,545,000 $146,000 $585,000 $58,000 $308,000
Credit History 93 $10,845,000 $116,000 $365,000 $87,000 $1,000,000
Credit Application Incomplete 50 $8,400,000 $168,000 $485,000 $100,000 $1,012,000
Collateral 39 $4,855,000 $124,000 $325,000 $77,000 $220,000
Unverifiable Information 31 $4,565,000 $147,000 $375,000 $83,000 $292,000
Other 23 $3,465,000 $150,000 $385,000 $83,000 $153,000
Insufficient Cash (Downpayment, Closing Cost) 19 $2,965,000 $156,000 $655,000 $78,000 $170,000
Employment History 4 $690,000 $172,000 $365,000 $57,000 $106,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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