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Our rankings are earned, not bought. We analyze 2,347 lenders using federal HMDA data—no pay-to-play, no cherry-picking. You see the best options based on performance metrics, not advertising dollars.

Best FHA Mortgage Lenders in New Mexico

Updated February 6, 2026

Market Overview

154

Total Lenders

19,938

Total Loans

0.34%

Median Rate Spread

Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Spread	Volume
1	Citizens Bank of Las Cruces	Exceptional	Strong	Strong	Exceptional	Exceptional	$1,328	+0.290%	247
2	UNITED WHOLESALE MORTGAGE, LLC	Exceptional	Sound	Exceptional	Exceptional	Exceptional	$3,096	+0.130%	1,423
3	FREEDOM MORTGAGE CORPORATION	Exceptional	Strong	Exceptional	Strong	Strong	$2,014	+0.234%	303
4	NBKC BANK	Exceptional	Exceptional	Strong	Sound	Strong	$757	-0.205%	88
5	First American Bank	Exceptional	Exceptional	Sound	Strong	Strong	$1,140	+0.376%	78
6	Rocky Mountain Mortgage Company	Exceptional	Exceptional	Strong	Sound	Strong	$1,658	-0.221%	73
7	PENNYMAC LOAN SERVICES, LLC	Exceptional	Strong	Exceptional	Sound	Strong	$1,135	-0.010%	154
8	Prosperity Home Mortgage, LLC	Exceptional	Strong	Exceptional	Strong	Sound	$1,492	+0.521%	57
9	ROCKET MORTGAGE, LLC	Strong	Acceptable	Exceptional	Exceptional	Exceptional	$4,180	+0.365%	1,738
10	LOANDEPOT.COM, LLC	Strong	Sound	Exceptional	Strong	Strong	$2,504	+0.185%	366
11	KIND LENDING, LLC	Strong	Sound	Exceptional	Strong	Strong	$2,133	+0.344%	197
12	Plains Commerce Bank	Strong	Sound	Exceptional	Strong	Strong	$2,899	+0.281%	131
13	Flagstar Bank, N.A.	Strong	Sound	Exceptional	Strong	Strong	$2,298	+0.309%	126
14	MICHIGAN MUTUAL, INC.	Strong	Sound	Exceptional	Strong	Strong	$2,616	+0.662%	63
15	GoodLeap, LLC	Strong	Strong	Exceptional	Sound	Sound	$3,901	+0.165%	63
16	GUILD MORTGAGE COMPANY LLC	Strong	Acceptable	Exceptional	Strong	Exceptional	$4,307	+0.550%	1,346
17	PRIMELENDING, A PLAINSCAPITAL COMPANY	Strong	Acceptable	Exceptional	Exceptional	Strong	$3,332	+0.401%	324
18	Nations Lending Corporation	Strong	Acceptable	Exceptional	Exceptional	Strong	$2,021	+0.403%	107
19	NEWREZ LLC	Strong	Sound	Exceptional	Sound	Strong	$3,026	+0.374%	89
20	V.I.P. MORTGAGE, INC.	Strong	Acceptable	Exceptional	Exceptional	Strong	$3,836	+0.514%	87
21	CORNERSTONE CAPITAL BANK, SSB	Strong	Acceptable	Exceptional	Exceptional	Strong	$3,609	+0.467%	71
22	Waterstone Mortgage Corporation	Strong	Mediocre	Exceptional	Exceptional	Exceptional	$3,906	+0.549%	1,432
23	BOKF, National Association	Strong	Acceptable	Strong	Strong	Exceptional	$2,159	+0.303%	636
24	Mortgage Research Center, LLC	Strong	Acceptable	Exceptional	Sound	Exceptional	$3,967	+0.441%	517
25	NUSENDA	Strong	Sound	Sound	Sound	Exceptional	$1,279	-0.292%	479
26	CMG MORTGAGE, INC.	Strong	Acceptable	Exceptional	Strong	Strong	$3,460	+0.403%	411
27	Bell Bank	Strong	Acceptable	Exceptional	Strong	Strong	$3,078	+0.214%	263
28	Wells Fargo Bank, National Association	Strong	Sound	Strong	Sound	Strong	$2,285	+0.173%	242
29	Sunflower Bank, National Association	Strong	Acceptable	Exceptional	Strong	Strong	$3,068	+0.400%	169
30	GUARANTEED RATE, INC.	Strong	Acceptable	Exceptional	Strong	Strong	$2,603	+0.404%	141
31	CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP	Strong	Acceptable	Exceptional	Strong	Strong	$3,392	+0.412%	133
32	Gateway First Bank	Strong	Acceptable	Exceptional	Strong	Strong	$2,787	+0.411%	124
33	Paramount Residential Mortgage Group, Inc.	Strong	Acceptable	Exceptional	Strong	Strong	$2,609	+0.609%	123
34	MORTGAGE SOLUTIONS OF COLORADO, LLC	Strong	Acceptable	Exceptional	Strong	Strong	$3,606	+0.571%	115
35	PLAZA HOME MORTGAGE, INC.	Strong	Acceptable	Exceptional	Strong	Strong	$2,658	+0.456%	96
36	Sierra Pacific Mortgage Company, Inc.	Strong	Acceptable	Exceptional	Strong	Strong	$2,894	+0.303%	80
37	Commerce Home Mortgage, Inc.	Strong	Acceptable	Exceptional	Strong	Strong	$3,269	+0.715%	79
38	FAIRWAY INDEPENDENT MORTGAGE CORPORATION	Strong	Acceptable	Exceptional	Exceptional	Sound	$2,070	+0.373%	74
39	GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION	Strong	Acceptable	Exceptional	Strong	Strong	$4,032	+0.264%	67
40	UNION HOME MORTGAGE CORP.	Strong	Acceptable	Exceptional	Exceptional	Sound	$2,918	+0.482%	53
41	HOMEBRIDGE FINANCIAL SERVICES, INC.	Strong	Sound	Strong	Strong	Sound	$3,061	+0.384%	46
42	SUN AMERICAN MORTGAGE COMPANY	Strong	Sound	Strong	Strong	Sound	$1,278	+0.330%	44
43	PRIMARY RESIDENTIAL MORTGAGE, INC.	Strong	Mediocre	Exceptional	Strong	Exceptional	$3,958	+0.516%	876
44	MUTUAL OF OMAHA MORTGAGE, INC.	Strong	Acceptable	Exceptional	Sound	Strong	$1,778	-0.058%	83
45	AMERISAVE MORTGAGE CORPORATION	Strong	Acceptable	Exceptional	Sound	Strong	$5,385	+0.545%	68
46	VAN DYK MORTGAGE CORPORATION	Strong	Acceptable	Exceptional	Strong	Sound	$3,229	+0.574%	50
47	MOVEMENT MORTGAGE, LLC	Strong	Acceptable	Exceptional	Strong	Sound	$3,878	+0.357%	49
48	ZILLOW HOME LOANS, LLC	Strong	Acceptable	Exceptional	Strong	Sound	$3,209	+0.650%	47
49	BAY EQUITY LLC	Strong	Acceptable	Exceptional	Strong	Sound	$3,761	+0.244%	45
50	Equity Prime Mortgage LLC	Strong	Acceptable	Exceptional	Strong	Sound	$4,084	+1.249%	41

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.

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