Lenders › Pennymac Loan Services LLC › New Mexico
Pennymac Loan Services 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, Pennymac Loan Services LLC reported 905 applications and 388 originations for 2024, $92m in all.
Its denial rate in the state was 25.4%, close to the New Mexico rate of 25.7% across all lenders and compared with the lender's national rate of 20.6%.
The median rate spread on its New Mexico originations was 0.3 percentage points (state median 0.4).
Applications in the state were up 56% on 2023.
Compared with the state and the lender's national record
| Measure | In New Mexico | New Mexico, all lenders | Pennymac Loan Services LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 25.4% | 25.7% | 20.6% | 24.3% |
| Median rate spread, pp | 0.3 | 0.4 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 30.1% | 22.3% | 20.4% | 15.6% |
| Average originated loan | $238k | $247k | $337k | $329k |
| Home purchase share | 26.3% | 62.7% | 41.8% | 57.0% |
| FHA-insured share | 27.3% | 17.8% | 22.4% | 13.4% |
| VA-guaranteed share | 29.9% | 12.0% | 22.3% | 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 26% (102)Refinancing 32% (124)Cash-out refinancing 17% (65)Other purpose 25% (97)
By type
Conventional 43% (166)FHA 27% (106)VA 30% (116)
Denial reasons as coded
Share of 139 denials in New Mexico by first denial reason coded (outlined bar: all lenders in the state).
Counties in New Mexico
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 294 | 125 | $31m | 25.4% |
| Sandoval County | 128 | 59 | $12m | 15.8% |
| Doña Ana County | 134 | 58 | $13m | 26.3% |
| Otero County | 47 | 25 | $5.8m | 20.6% |
| San Juan County | 45 | 20 | $3.8m | 31.0% |
| Eddy County | 35 | 16 | $4.0m | — |
| Valencia County | 43 | 15 | $3.3m | — |
| Santa Fe County | 35 | 15 | $4.6m | — |
| Curry County | 35 | 12 | $3.5m | — |
| Lea County | 33 | 11 | $3.1m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Pennymac Loan Services LLC originate in New Mexico in 2024?
388 loans totalling $92m, from 905 applications reported for properties in New Mexico.
What is Pennymac Loan Services LLC's denial rate in New Mexico?
25.4% of decided applications in New Mexico were denied, against 25.7% for all lenders in the state and 20.6% 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 Pennymac Loan Services LLC lend in most?
By originations: Bernalillo County (125), Sandoval County (59), Doña Ana County (58), Otero County (25), San Juan County (20).
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.