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Eddy County, New Mexico
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Lenders reported 1,902 mortgage applications in Eddy County, New Mexico, for 2024, and originated 981 loans worth $228m.
That is 41.5 originations per 1,000 households, against 43.7 for New Mexico and 48.0 nationally.
The county's denial rate was 27.8%, above the state rate of 25.7%. The median rate spread on originated loans was 0.7 percentage points and 22.4% of originations were 1.5 points or more above the average prime offer rate.
16 lenders reached 25 applications in the county; the most active by originations were Rocket Mortgage (134), Guild Mortgage Company (127) and Western Commerce Bank (56).
Originations were up 23% on 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Rocket Mortgage | 188 | 134 | $30m | 18.7% | — |
| 2 | Guild Mortgage Company | 171 | 127 | $26m | 6.2% | — |
| 3 | Western Commerce Bank | 68 | 56 | $15m | 1.7% | — |
| 4 | First American Bank | 65 | 43 | $8.2m | 9.6% | — |
| 5 | 21st Mortgage | 163 | 42 | $6.0m | 58.0% | — |
| 6 | United Wholesale Mortgage | 57 | 35 | $9.3m | 22.9% | — |
| 7 | Mortgage Research Center | 49 | 32 | $9.4m | 10.5% | — |
| 8 | Primary Residential Mortgage, INC. | 36 | 26 | $4.9m | 3.7% | — |
| 9 | Prosperity Home Mortgage, LLC | 41 | 24 | $6.1m | 27.3% | — |
| 10 | New American Funding, LLC. | 62 | 21 | $3.0m | 21.4% | — |
| 11 | Pennymac Loan Services LLC | 35 | 16 | $4.0m | — | — |
| 12 | Vanderbilt Mortgage and Finance, Inc | 123 | 12 | $1.6m | 79.4% | — |
| 13 | Loandepot.com, LLC | 28 | 12 | $2.5m | — | — |
| 14 | Amerisave Mortgage Company | 40 | 5 | $395k | 83.3% | — |
| 15 | Discover Bank | 29 | 3 | $175k | — | — |
| 16 | Credit Human Federal Credit Un | 25 | 1 | $55k | 84.0% | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 16. Denial rate is denials over decided applications in this county.
Compared with New Mexico and the nation
| Measure | This county | New Mexico | United States |
|---|---|---|---|
| Denial rate | 27.8% | 25.7% | 24.3% |
| Median rate spread, pp | 0.7 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 22.4% | 22.3% | 15.6% |
| Average originated loan | $232k | $247k | $329k |
| Originations per 1,000 households | 41.5 | 43.7 | 48.0 |
| Home purchase share of originations | 77.5% | 62.7% | 57.0% |
| FHA-insured share | 32.0% | 17.8% | 13.4% |
| VA-guaranteed share | 9.3% | 12.0% | 7.9% |
Rate spread distribution
Share of 835 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: New Mexico). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 77% (760)Home improvement 1% (13)Refinancing 8% (80)Cash-out refinancing 11% (107)Other purpose 2% (21)
By type
Conventional 58% (572)FHA 32% (314)VA 9% (91)USDA 0% (4)
Trend by year
ApplicationsOriginations
This countyNew Mexico
Questions and answers
Which lenders are most active in Eddy County, NM?
By 2024 originations: Rocket Mortgage (134), Guild Mortgage Company (127), Western Commerce Bank (56), First American Bank (43), 21st Mortgage (42). 16 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Eddy County?
27.8% of decided applications were denied in 2024, against 25.7% across New Mexico and 24.3% nationally.
How many mortgages were originated in Eddy County in 2024?
981 loans totalling $228m, from 1,902 applications; 41.5 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 35015; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.