Lenders › Change Lending, LLC › New Mexico
Change Lending, LLC in New Mexico
HMDA record for properties in New Mexico, calendar year 2024. National record · New Mexico overview
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.
In New Mexico, Change Lending, LLC reported 172 applications and 100 originations for 2024, $30m in all.
Its denial rate in the state was 6.5%, below the New Mexico rate of 25.7% across all lenders and compared with the lender's national rate of 13.7%.
The median rate spread on its New Mexico originations was 0.6 percentage points (state median 0.4).
Applications in the state were down 49% on 2023.
Compared with the state and the lender's national record
| Measure | In New Mexico | New Mexico, all lenders | Change Lending, LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 6.5% | 25.7% | 13.7% | 24.3% |
| Median rate spread, pp | 0.6 | 0.4 | 0.9 | 0.3 |
| Originations with spread of 1.5 pp or more | 22.6% | 22.3% | 31.6% | 15.6% |
| Average originated loan | $297k | $247k | $531k | $329k |
| Home purchase share | 90.0% | 62.7% | 60.9% | 57.0% |
| FHA-insured share | 39.0% | 17.8% | 15.4% | 13.4% |
| VA-guaranteed share | 9.0% | 12.0% | 3.9% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateNew Mexico, all lenders
Loan purpose and loan type in New Mexico
By purpose
Home purchase 96% (90)Home improvement 1% (1)Refinancing 2% (2)Cash-out refinancing 1% (1)
By type
Conventional 52% (52)FHA 39% (39)VA 9% (9)
Denial reasons as coded
Withheld: fewer than 25 denials in the state.
Counties in New Mexico
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Doña Ana County | 110 | 70 | $18m | 2.8% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Change Lending, LLC originate in New Mexico in 2024?
100 loans totalling $30m, from 172 applications reported for properties in New Mexico.
What is Change Lending, LLC's denial rate in New Mexico?
6.5% of decided applications in New Mexico were denied, against 25.7% for all lenders in the state and 13.7% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which New Mexico counties does Change Lending, LLC lend in most?
By originations: Doña Ana County (70).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in New Mexico. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.