Safe Rate Rankings

Best FHA 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.
Total Lenders154
Total Loans19,938
Median Rate Spread0.34%

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

10
Pricing
Rate and fee competitiveness (25%)
10
Pull Through
Reliability in closing loans (25%)
10
Product
Specialization in the loan type (25%)
10
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.