Safe Rate Rankings

Best Conventional Mortgage Lenders in New Mexico

Updated May 26, 2026

⚖️ The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.

🛡️ No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

📊 HMDA 2024Built using publicly available originated loan data from the federal government.

🎯 Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.

Market

Total Lenders154

Total Loans19,938

Median Rate Spread0.34%

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Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	NAVY FEDERAL CREDIT UNIONCredit Union	Exceptional	Exceptional	Exceptional	Sound	Strong	$1,230Fees	0.547%Below	296
2	Citizens Bank of Las CrucesBank	Exceptional	Strong	Strong	Exceptional	Exceptional	$1,328Fees	0.290%Above	247
3	NUSENDACredit Union	Exceptional	Strong	Strong	Strong	Exceptional	$1,279Fees	0.292%Below	479
4	Sandia Laboratory Federal Credit UnionCredit Union	Exceptional	Strong	Strong	Strong	Exceptional	$1,189Fees	0.562%Below	295
5	Bank of America, National AssociationBank	Exceptional	Strong	Exceptional	Strong	Strong	$2,237Fees	0.000%Above	127
6	U.S. Bank National AssociationBank	Exceptional	Strong	Exceptional	Strong	Strong	$1,402Fees	0.128%Above	111
7	NBKC BANKBank	Exceptional	Exceptional	Strong	Sound	Strong	$757Fees	0.205%Below	88
8	BOKF, National AssociationBank	Exceptional	Sound	Exceptional	Strong	Exceptional	$2,159Fees	0.303%Above	636
9	JPMorgan Chase Bank, National AssociationBank	Exceptional	Sound	Exceptional	Strong	Exceptional	$2,847Fees	0.116%Above	491
10	Wells Fargo Bank, National AssociationBank	Exceptional	Strong	Exceptional	Sound	Strong	$2,285Fees	0.173%Above	242
11	FirstLight Federal Credit UnionCredit Union	Exceptional	Exceptional	Sound	Sound	Strong	$775Fees	0.150%Above	53
12	ROCKET MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Exceptional	Exceptional	$4,180Fees	0.365%Above	1,738
13	UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Exceptional	Exceptional	$3,096Fees	0.130%Above	1,423
14	LOANDEPOT.COM, LLCIndependent Mortgage Company	Strong	Sound	Exceptional	Strong	Strong	$2,504Fees	0.185%Above	366
15	PLAZA HOME MORTGAGE, INC.Independent Mortgage Company	Strong	Sound	Exceptional	Strong	Strong	$2,658Fees	0.456%Above	96
16	Del Norte Credit UnionCredit Union	Strong	Strong	Sound	Strong	Strong	$1,594Fees	0.488%Below	92
17	MUTUAL OF OMAHA MORTGAGE, INC.Independent Mortgage Company	Strong	Strong	Strong	Sound	Strong	$1,778Fees	0.058%Below	83
18	GUILD MORTGAGE COMPANY LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Exceptional	$4,307Fees	0.550%Above	1,346
19	PRIMARY RESIDENTIAL MORTGAGE, INC.Independent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Exceptional	$3,958Fees	0.516%Above	876
20	PENNYMAC LOAN SERVICES, LLCIndependent Mortgage Company	Strong	Sound	Exceptional	Sound	Strong	$1,135Fees	0.010%Below	154
21	Nations Lending CorporationIndependent Mortgage Company	Strong	Acceptable	Exceptional	Exceptional	Strong	$2,021Fees	0.403%Above	107
22	V.I.P. MORTGAGE, INC.Independent Mortgage Company	Strong	Acceptable	Exceptional	Exceptional	Strong	$3,836Fees	0.514%Above	87
23	BAY EQUITY LLCIndependent Mortgage Company	Strong	Sound	Exceptional	Strong	Sound	$3,761Fees	0.244%Above	45
24	BMO Bank National AssociationBank	Strong	Strong	Strong	Sound	Sound	$1,986Fees	0.450%Above	43
25	CMG MORTGAGE, INC.Independent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Strong	$3,460Fees	0.403%Above	411
26	PRIMELENDING, A PLAINSCAPITAL COMPANYIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Strong	$3,332Fees	0.401%Above	324
27	CROSSCOUNTRY MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Strong	$3,826Fees	0.420%Above	309
28	FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company	Strong	Sound	Strong	Sound	Strong	$2,014Fees	0.234%Above	303
29	Bell BankBank	Strong	Acceptable	Exceptional	Strong	Strong	$3,078Fees	0.214%Above	263
30	KIND LENDING, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Strong	$2,133Fees	0.344%Above	197
31	NATIONSTAR MORTGAGE LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Strong	$3,644Fees	0.605%Above	172
32	GUARANTEED RATE, INC.Independent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Strong	$2,603Fees	0.404%Above	141
33	CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIPIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Strong	$3,392Fees	0.412%Above	133
34	Plains Commerce BankBank	Strong	Acceptable	Exceptional	Strong	Strong	$2,899Fees	0.281%Above	131
35	Flagstar Bank, N.A.Bank	Strong	Acceptable	Exceptional	Strong	Strong	$2,298Fees	0.309%Above	126
36	Gateway First BankBank	Strong	Acceptable	Exceptional	Strong	Strong	$2,787Fees	0.411%Above	124
37	Paramount Residential Mortgage Group, Inc.Independent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Strong	$2,609Fees	0.609%Above	123
38	Sierra Pacific Mortgage Company, Inc.Independent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Strong	$2,894Fees	0.303%Above	80
39	Commerce Home Mortgage, Inc.Independent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Strong	$3,269Fees	0.715%Above	79
40	GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATIONIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Strong	$4,032Fees	0.264%Above	67
41	SUN AMERICAN MORTGAGE COMPANYIndependent Mortgage Company	Strong	Sound	Strong	Strong	Sound	$1,278Fees	0.330%Above	44
42	Mortgage Research Center, LLCIndependent Mortgage Company	Strong	Acceptable	Strong	Sound	Exceptional	$3,967Fees	0.441%Above	517
43	NEW AMERICAN FUNDING, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Sound	Strong	$3,215Fees	0.679%Above	181
44	Sunflower Bank, National AssociationBank	Strong	Acceptable	Strong	Strong	Strong	$3,068Fees	0.400%Above	169
45	NEWREZ LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Sound	Strong	$3,026Fees	0.374%Above	89
46	FAIRWAY INDEPENDENT MORTGAGE CORPORATIONIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Sound	$2,070Fees	0.373%Above	74
47	MICHIGAN MUTUAL, INC.Independent Mortgage Company	Strong	Acceptable	Strong	Strong	Strong	$2,616Fees	0.662%Above	63
48	Prosperity Home Mortgage, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Sound	$1,492Fees	0.521%Above	57
49	UNION HOME MORTGAGE CORP.Independent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Sound	$2,918Fees	0.482%Above	53
50	MOVEMENT MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	Sound	$3,878Fees	0.357%Above	49

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 40 Points)

Pricing

Rate and fee competitiveness (25%)

Pull Through

Reliability in closing loans (25%)

Product

Specialization in the loan type (25%)

Place

Local market expertise (25%)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.