SANTA FE Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Santa Fe averaged
6.71%
for the week of 2023-03-16, compared to the national average of
6.6% for the same period.
The average rate for the prior week (2023-03-09) was
6.74% and
one month ago for the week of 2023-02-09, the
average rate was 6.13%.
Santa Fe's average rate one year ago was 3.47%.
For refis of the same type during the week of 2023-03-16, the average rate
was 6.73%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-03-16 | 6.6% |
| Santa Fe 30 Year Fixed Rate | 2023-03-16 | 6.71% |
| Santa Fe 30 Year Fixed Rate Refi | 2023-03-16 | 6.73% |
| Santa Fe 15 Year Fixed Rate | 2023-03-16 | 6.13% |
| Santa Fe 15 Year Fixed Rate Refi | 2023-03-16 | 6.11% |
| Santa Fe 30 Year FHA | 2023-03-16 | 6.39% |
| Santa Fe 30 Year FHA Refi | 2023-03-16 | 6.26% |
| Santa Fe 30 Year USDA | 2023-03-16 | 6.51% |
| Santa Fe 30 Year USDA Refi | 2023-03-16 | 6.11% |
| Santa Fe 30 Year VA | 2023-03-16 | 5.9% |
| Santa Fe 30 Year VA Refi | 2023-03-16 | 5.98% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SANTA FE, NM.
SANTA FE Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the SANTA FE, NM market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
SANTA FE Average Closing Costs & Other Stats
SANTA FE, NM's 189 lenders originated 3,724
loans during 2022. The total origination value was $1,458,560,000, with an average loan value of
$391,665.
SANTA FE's average closing costs are $5,588.
The top SANTA FE lender as defined by loan originations is Waterstone Mortgage Corporation, with
160 loans originated. Their average total fees are
$7,139, which is $1,894
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee SANTA FE lenders (with over 10 loans originated) are
PULTE MORTGAGE LLC ($2,587), SANDIA LABORATORY ($2,926), NAVY FEDERAL CREDIT UNION ($4,104), Bell Bank ($4,399) and BETTER MORTGAGE CORPORATION ($4,420).
The lowest rate SANTA FE lenders (with over 10 loans originated) are
Charles Schwab Bank, SSB (3.31%), BETTER MORTGAGE CORPORATION (3.41%), Morgan Stanley Private Bank (3.69%), Bank of America (3.86%) and Citibank (3.91%).
SANTA FE, NM Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| Waterstone Mortgage Corporation | $132,635,000 | $78,850,000 | -40.6% | 5.4% |
| QUICKEN LOANS, LLC | $198,330,000 | $70,290,000 | -64.6% | 4.8% |
| Independent Bank | $2,145,000 | $51,500,000 | 2,300.9% | 3.5% |
| Bank of America | $43,020,000 | $49,795,000 | 15.7% | 3.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $76,380,000 | $48,910,000 | -36.0% | 3.4% |
| Sunflower Bank | $62,375,000 | $46,870,000 | -24.9% | 3.2% |
| BOKF | $33,000,000 | $39,510,000 | 19.7% | 2.7% |
| Morgan Stanley Private Bank | $20,965,000 | $38,100,000 | 81.7% | 2.6% |
| JPMorgan Chase Bank | $69,185,000 | $35,260,000 | -49.0% | 2.4% |
| Wells Fargo Bank | $90,475,000 | $34,930,000 | -61.4% | 2.4% |
| Gateway First Bank | $116,885,000 | $33,955,000 | -71.0% | 2.3% |
| LEGACY MORTGAGE LLC | $39,070,000 | $32,950,000 | -15.7% | 2.3% |
| U.S. Bank | $50,260,000 | $31,300,000 | -37.7% | 2.1% |
| STATE EMPLOYEES | $37,230,000 | $30,095,000 | -19.2% | 2.1% |
| LOANDEPOT.COM, LLC | $105,060,000 | $29,690,000 | -71.7% | 2.0% |
| Del Norte Credit Union | $48,385,000 | $29,040,000 | -40.0% | 2.0% |
| NUSENDA | $29,550,000 | $24,095,000 | -18.5% | 1.7% |
| Bell Bank | $37,170,000 | $23,325,000 | -37.2% | 1.6% |
| Nations Lending Corporation | $34,255,000 | $23,190,000 | -32.3% | 1.6% |
| Charles Schwab Bank, SSB | $19,405,000 | $22,560,000 | 16.3% | 1.5% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $15,340,000 | $21,185,000 | 38.1% | 1.5% |
| Washington Federal Bank | $20,010,000 | $20,195,000 | 0.9% | 1.4% |
| MidFirst Bank | $9,865,000 | $19,930,000 | 102.0% | 1.4% |
| First State Bank | $27,100,000 | $19,160,000 | -29.3% | 1.3% |
| PLAZA HOME MORTGAGE, INC. | $30,100,000 | $18,880,000 | -37.3% | 1.3% |
| UNION HOME MORTGAGE CORP. | $6,790,000 | $17,590,000 | 159.1% | 1.2% |
| GUARANTEED RATE, INC. | $30,310,000 | $16,985,000 | -44.0% | 1.2% |
| PULTE MORTGAGE LLC | $17,495,000 | $16,630,000 | -4.9% | 1.1% |
| UBS Bank USA | $20,415,000 | $16,265,000 | -20.3% | 1.1% |
| Enterprise Bank & Trust | $56,760,000 | $16,140,000 | -71.6% | 1.1% |
| KeyBank | $26,000,000 | $15,180,000 | -41.6% | 1.0% |
| GUADALUPE CREDIT UNION | $8,920,000 | $15,160,000 | 70.0% | 1.0% |
| PNC Bank | $13,595,000 | $14,510,000 | 6.7% | 1.0% |
| Mr. Cooper ( Nationstar Mortgage ) | $26,910,000 | $13,720,000 | -49.0% | 0.9% |
| FINANCE OF AMERICA MORTGAGE LLC | $15,925,000 | $12,880,000 | -19.1% | 0.9% |
| Mortgage Research Center, LLC | $13,955,000 | $12,265,000 | -12.1% | 0.8% |
| Citibank | $4,315,000 | $12,160,000 | 181.8% | 0.8% |
| Commerce Home Mortgage, Inc. | $13,860,000 | $11,625,000 | -16.1% | 0.8% |
| Flagstar Bank, FSB | $24,015,000 | $11,345,000 | -52.8% | 0.8% |
| 21ST MORTGAGE CORPORATION | $8,790,000 | $11,280,000 | 28.3% | 0.8% |
| PENNYMAC LOAN SERVICES, LLC | $22,065,000 | $10,910,000 | -50.6% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $14,645,000 | $10,835,000 | -26.0% | 0.7% |
| AMERISAVE MORTGAGE CORPORATION | $43,400,000 | $10,265,000 | -76.3% | 0.7% |
| FREEDOM MORTGAGE CORPORATION | $40,375,000 | $8,980,000 | -77.8% | 0.6% |
| BETTER MORTGAGE CORPORATION | $40,935,000 | $8,515,000 | -79.2% | 0.6% |
| GUILD MORTGAGE COMPANY | $10,450,000 | $8,455,000 | -19.1% | 0.6% |
| DELMAR FINANCIAL COMPANY | $285,000 | $7,520,000 | 2,538.6% | 0.5% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $13,135,000 | $7,400,000 | -43.7% | 0.5% |
| City National Bank | $8,975,000 | $7,325,000 | -18.4% | 0.5% |
| Zions Bancorporation, N.A. | $1,050,000 | $6,110,000 | 481.9% | 0.4% |
| FINANCE OF AMERICA REVERSE LLC | $3,475,000 | $6,055,000 | 74.2% | 0.4% |
| First Western Trust Bank | $505,000 | $6,005,000 | 1,089.1% | 0.4% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $1,650,000 | $5,900,000 | 257.6% | 0.4% |
| New Mexico Bank & Trust | $4,185,000 | $5,840,000 | 39.5% | 0.4% |
| USAA Federal Savings Bank | $6,950,000 | $5,780,000 | -16.8% | 0.4% |
| WaterStone Bank, SSB | $1,630,000 | $5,345,000 | 227.9% | 0.4% |
| BMO Harris Bank | $3,230,000 | $5,195,000 | 60.8% | 0.4% |
| CMG MORTGAGE, INC. | $5,750,000 | $4,635,000 | -19.4% | 0.3% |
| AMERICAN ADVISORS GROUP | $3,665,000 | $4,615,000 | 25.9% | 0.3% |
| Raymond James Bank | $3,585,000 | $4,530,000 | 26.4% | 0.3% |
| First Republic Bank | $4,965,000 | $4,265,000 | -14.1% | 0.3% |
| SANDIA LABORATORY | $6,225,000 | $4,250,000 | -31.7% | 0.3% |
| Bank of the West | $6,930,000 | $4,200,000 | -39.4% | 0.3% |
| Plains Commerce Bank | $6,425,000 | $4,135,000 | -35.6% | 0.3% |
| The Federal Savings Bank | $8,410,000 | $3,635,000 | -56.8% | 0.2% |
| LOANPAL, LLC | $5,800,000 | $3,595,000 | -38.0% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $8,080,000 | $3,520,000 | -56.4% | 0.2% |
| Stifel Bank and Trust | $5,230,000 | $3,470,000 | -33.7% | 0.2% |
| Arvest Bank | $4,645,000 | $3,465,000 | -25.4% | 0.2% |
| MID AMERICA MORTGAGE, INC. | $4,600,000 | $3,115,000 | -32.3% | 0.2% |
| First-Citizens Bank & Trust Company | $4,010,000 | $3,065,000 | -23.6% | 0.2% |
| BNY Mellon | $2,970,000 | $3,035,000 | 2.2% | 0.2% |
| Affiliated Bank | $2,985,000 | n/a | 0.2% | |
| CALIBER HOME LOANS, INC. | $13,105,000 | $2,965,000 | -77.4% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $4,920,000 | $2,955,000 | -39.9% | 0.2% |
| CHERRY CREEK MORTGAGE, LLC | $5,825,000 | $2,940,000 | -49.5% | 0.2% |
| Carrington Mortgage Services, LLC | $2,025,000 | $2,805,000 | 38.5% | 0.2% |
| BROKER SOLUTIONS, INC. | $25,560,000 | $2,745,000 | -89.3% | 0.2% |
| Ally Bank | $10,490,000 | $2,735,000 | -73.9% | 0.2% |
| First Bank & Trust | $9,210,000 | $2,715,000 | -70.5% | 0.2% |
| Century Mortgage Company DBA Century Lending Company | $6,370,000 | $2,615,000 | -58.9% | 0.2% |
| Strong Home Mortgage, LLC | $2,615,000 | $2,610,000 | -0.2% | 0.2% |
| CHEVRON | $1,580,000 | $2,575,000 | 63.0% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $8,285,000 | $2,555,000 | -69.2% | 0.2% |
| CALCON MUTUAL MORTGAGE LLC | $3,245,000 | $2,540,000 | -21.7% | 0.2% |
| NEWREZ LLC | $14,275,000 | $2,370,000 | -83.4% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $8,325,000 | $2,370,000 | -71.5% | 0.2% |
| Silicon Valley Bank | $2,360,000 | n/a | 0.2% | |
| CROSSCOUNTRY MORTGAGE, LLC | $3,810,000 | $2,330,000 | -38.8% | 0.2% |
| Truist | $2,295,000 | $2,315,000 | 0.9% | 0.2% |
| SANDIA AREA | $2,190,000 | $2,280,000 | 4.1% | 0.2% |
| City National Bank of Florida | $2,235,000 | n/a | 0.2% | |
| SECURITY SERVICE | $2,195,000 | n/a | 0.2% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $11,040,000 | $2,125,000 | -80.8% | 0.1% |
| Chicago Mortgage Solutions LLC | $1,090,000 | $2,100,000 | 92.7% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $4,475,000 | $2,085,000 | -53.4% | 0.1% |
| First American Bank | $775,000 | $2,060,000 | 165.8% | 0.1% |
| Goldman Sachs Bank USA | $9,270,000 | $2,060,000 | -77.8% | 0.1% |
| Comerica Bank | $2,005,000 | n/a | 0.1% | |
| REVERSE MORTGAGE FUNDING LLC | $2,065,000 | $1,995,000 | -3.4% | 0.1% |
| United Community Bank | $1,955,000 | n/a | 0.1% | |
| CORNERSTONE HOME LENDING, INC. | $1,895,000 | n/a | 0.1% | |
| MOUNTAIN AMERICA | $1,370,000 | $1,885,000 | 37.6% | 0.1% |
| BAY EQUITY LLC | $4,150,000 | $1,865,000 | -55.1% | 0.1% |
| Kirtland Federal Credit Union | $2,800,000 | $1,850,000 | -33.9% | 0.1% |
| AMERICAN FINANCING CORPORATION | $3,795,000 | $1,835,000 | -51.6% | 0.1% |
| The Huntington National Bank | $165,000 | $1,835,000 | 1,012.1% | 0.1% |
| Amerifirst Financial, Inc. | $480,000 | $1,810,000 | 277.1% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $410,000 | $1,775,000 | 332.9% | 0.1% |
| HOME POINT FINANCIAL CORPORATION | $2,050,000 | $1,755,000 | -14.4% | 0.1% |
| Citizens Bank | $1,990,000 | $1,735,000 | -12.8% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $4,220,000 | $1,690,000 | -60.0% | 0.1% |
| City Bank | $2,625,000 | $1,645,000 | -37.3% | 0.1% |
| NBKC BANK | $5,700,000 | $1,640,000 | -71.2% | 0.1% |
| FirstBank | $4,850,000 | $1,635,000 | -66.3% | 0.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $8,100,000 | $1,610,000 | -80.1% | 0.1% |
| ZILLOW HOME LOANS, LLC | $2,925,000 | $1,595,000 | -45.5% | 0.1% |
| EUSTIS AND AMERICAN MORTGAGE COMPANY | $1,530,000 | n/a | 0.1% | |
| Figure Lending LLC | $550,000 | $1,445,000 | 162.7% | 0.1% |
| First Horizon Bank | $715,000 | $1,420,000 | 98.6% | 0.1% |
| PHH Mortgage Corporation | $700,000 | $1,415,000 | 102.1% | 0.1% |
| NEW DAY FINANCIAL, LLC | $3,490,000 | $1,360,000 | -61.0% | 0.1% |
| First State Bank of St. Charles, Missouri | $1,090,000 | $1,330,000 | 22.0% | 0.1% |
| Bank of England | $490,000 | $1,300,000 | 165.3% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $4,590,000 | $1,290,000 | -71.9% | 0.1% |
| NETWORK CAPITAL FUNDING CORPORATION | $1,310,000 | $1,280,000 | -2.3% | 0.1% |
| Axos Bank | $845,000 | $1,270,000 | 50.3% | 0.1% |
| S1L, Inc. | $13,270,000 | $1,250,000 | -90.6% | 0.1% |
| EASTMAN | $1,230,000 | n/a | 0.1% | |
| KELLER MORTGAGE, LLC | $5,640,000 | $1,210,000 | -78.5% | 0.1% |
| MICHIGAN MUTUAL, INC. | $1,210,000 | n/a | 0.1% | |
| Broadway National Bank | $1,205,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $875,000 | $1,205,000 | 37.7% | 0.1% |
| Great Southern Bank | $1,205,000 | n/a | 0.1% | |
| Discover Bank | $565,000 | $1,170,000 | 107.1% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $790,000 | $1,145,000 | 44.9% | 0.1% |
| VAN DYK MORTGAGE CORPORATION | $3,030,000 | $1,145,000 | -62.2% | 0.1% |
| LEGEND LENDING CORPORATION | $1,135,000 | n/a | 0.1% | |
| RIO GRANDE | $1,005,000 | $1,110,000 | 10.4% | 0.1% |
| CANOPY MORTGAGE, LLC | $1,180,000 | $1,095,000 | -7.2% | 0.1% |
| AMWEST FUNDING CORP. | $1,055,000 | n/a | 0.1% | |
| FirstCapital Bank of Texas | $1,055,000 | n/a | 0.1% | |
| NexBank | $980,000 | n/a | 0.1% | |
| AMERICA FIRST | $970,000 | n/a | 0.1% | |
| Chickasaw Community Bank | $570,000 | $970,000 | 70.2% | 0.1% |
| RANLIFE, INC. | $610,000 | $955,000 | 56.6% | 0.1% |
| Loan Simple, Inc. | $790,000 | $945,000 | 19.6% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $700,000 | $915,000 | 30.7% | 0.1% |
| Vista Bank | $905,000 | n/a | 0.1% | |
| FBC MORTGAGE, LLC | $900,000 | n/a | 0.1% | |
| Farmers Bank & Trust | $610,000 | $855,000 | 40.2% | 0.1% |
| First Savings Bank | $530,000 | $850,000 | 60.4% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $225,000 | $850,000 | 277.8% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $440,000 | $835,000 | 89.8% | 0.1% |
| BNC National Bank | $2,520,000 | $800,000 | -68.3% | 0.1% |
| RESIDENTIAL BANCORP. | $640,000 | $785,000 | 22.7% | 0.1% |
| EVERETT FINANCIAL, INC. | $620,000 | $780,000 | 25.8% | 0.1% |
| NuVision Federal Credit Union | $775,000 | n/a | 0.1% | |
| AMCAP MORTGAGE, LTD. | $1,205,000 | $770,000 | -36.1% | 0.1% |
| Magnolia Bank | $1,520,000 | $755,000 | -50.3% | 0.1% |
| First United Bank | $705,000 | n/a | 0.0% | |
| NBH Bank | $2,210,000 | $705,000 | -68.1% | 0.0% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $2,830,000 | $665,000 | -76.5% | 0.0% |
| Valley National Bank | $665,000 | n/a | 0.0% | |
| Willamette Valley Bank | $665,000 | n/a | 0.0% | |
| U.S. EAGLE | $1,370,000 | $650,000 | -52.6% | 0.0% |
| CASTLE & COOKE MORTGAGE, LLC | $645,000 | n/a | 0.0% | |
| First Financial Credit Union | $645,000 | n/a | 0.0% | |
| SUN AMERICAN MORTGAGE COMPANY | $635,000 | n/a | 0.0% | |
| First Internet Bank of Indiana | $625,000 | $630,000 | 0.8% | 0.0% |
| First National Bank of America | $615,000 | n/a | 0.0% | |
| First Guaranty Mortgage Corporation | $4,270,000 | $610,000 | -85.7% | 0.0% |
| The Bank & Trust | $605,000 | n/a | 0.0% | |
| Equity Prime Mortgage LLC | $600,000 | n/a | 0.0% | |
| SILVER HILL FUNDING, LLC | $585,000 | n/a | 0.0% | |
| M&T Bank | $205,000 | $575,000 | 180.5% | 0.0% |
| Servion, Inc. | $575,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $210,000 | $555,000 | 164.3% | 0.0% |
| CLEARPATH LENDING | $3,145,000 | $550,000 | -82.5% | 0.0% |
| FIRST TECHNOLOGY | $185,000 | $535,000 | 189.2% | 0.0% |
| First United Bank and Trust Company | $715,000 | $535,000 | -25.2% | 0.0% |
| Mid-Continent Funding, Inc. | $535,000 | n/a | 0.0% | |
| Jonah Bank of Wyoming | $525,000 | n/a | 0.0% | |
| Midwest Community Bank | $1,945,000 | $525,000 | -73.0% | 0.0% |
| Prime Choice Funding Inc. | $1,440,000 | $520,000 | -63.9% | 0.0% |
| The Central Trust Bank | $780,000 | $515,000 | -34.0% | 0.0% |
| Veritex Community Bank | $645,000 | $505,000 | -21.7% | 0.0% |
| Academy Bank | $475,000 | n/a | 0.0% | |
| GUARANTEED RATE AFFINITY, LLC | $475,000 | n/a | 0.0% | |
| PLANET HOME LENDING, LLC | $1,035,000 | $475,000 | -54.1% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $1,320,000 | $470,000 | -64.4% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $2,945,000 | $465,000 | -84.2% | 0.0% |
| North American Savings Bank, F.S.B. | $3,500,000 | $465,000 | -86.7% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $855,000 | $465,000 | -45.6% | 0.0% |
| Commerce Bank | $455,000 | n/a | 0.0% | |
| 5TH STREET CAPITAL, INC. | $1,110,000 | $445,000 | -59.9% | 0.0% |
| BancorpSouth Bank | $445,000 | n/a | 0.0% | |
| Neighborhood Loans, Inc. | $235,000 | $445,000 | 89.4% | 0.0% |
| United Nations Federal Credit Union | $445,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $195,000 | $440,000 | 125.6% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $900,000 | $430,000 | -52.2% | 0.0% |
| Armed Forces Bank | $425,000 | n/a | 0.0% | |
| DHI MORTGAGE COMPANY, LTD. | $405,000 | n/a | 0.0% | |
| JMAC LENDING, INC. | $670,000 | $405,000 | -39.6% | 0.0% |
| Northpointe Bank | $3,295,000 | $405,000 | -87.7% | 0.0% |
| SECURITYNATIONAL MORTGAGE COMPANY | $880,000 | $405,000 | -54.0% | 0.0% |
| LIMA ONE CAPITAL, LLC | $395,000 | n/a | 0.0% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $1,780,000 | $385,000 | -78.4% | 0.0% |
| Herring Bank | $385,000 | n/a | 0.0% | |
| LEADERONE FINANCIAL CORPORATION | $385,000 | n/a | 0.0% | |
| NATIONS RELIABLE LENDING, LLC | $185,000 | $365,000 | 97.3% | 0.0% |
| FineMark National Bank & Trust | $355,000 | n/a | 0.0% | |
| IDB Global Federal Credit Union | $905,000 | $355,000 | -60.8% | 0.0% |
| Firefighters First Federal Credit Union | $350,000 | n/a | 0.0% | |
| First Financial Bank | $345,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $875,000 | $345,000 | -60.6% | 0.0% |
| STOCKTON MORTGAGE CORPORATION | $1,255,000 | $345,000 | -72.5% | 0.0% |
| ALTRA | $335,000 | n/a | 0.0% | |
| VERITAS FUNDING, LLC | $335,000 | n/a | 0.0% | |
| A&D Mortgage LLC | $325,000 | n/a | 0.0% | |
| UNION SQUARE | $325,000 | n/a | 0.0% | |
| AmeriHome Mortgage Company, LLC | $315,000 | n/a | 0.0% | |
| Fidelity Bank | $5,060,000 | $310,000 | -93.9% | 0.0% |
| ENCORE BANK | $305,000 | n/a | 0.0% | |
| FNB Moose Lake | $305,000 | n/a | 0.0% | |
| Northwest Federal Credit Union | $550,000 | $305,000 | -44.5% | 0.0% |
| The Union Bank Company | $225,000 | $305,000 | 35.6% | 0.0% |
| UMB Bank | $305,000 | n/a | 0.0% | |
| BEST CAPITAL FUNDING | $2,385,000 | $295,000 | -87.6% | 0.0% |
| MANN FINANCIAL INC. | $295,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $750,000 | $295,000 | -60.7% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $285,000 | n/a | 0.0% | |
| Bank of Colorado | $215,000 | $285,000 | 32.6% | 0.0% |
| Nicolet National Bank | $275,000 | n/a | 0.0% | |
| BP Federal Credit Union | $265,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $265,000 | n/a | 0.0% | |
| HOME FUNDING CORPORATION | $265,000 | n/a | 0.0% | |
| PREMIER AMERICA | $255,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $1,250,000 | $255,000 | -79.6% | 0.0% |
| COUNTRYPLACE MORTGAGE, LTD. | $160,000 | $250,000 | 56.3% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $285,000 | $245,000 | -14.0% | 0.0% |
| Northwest Bank | $245,000 | n/a | 0.0% | |
| HOMETRUST MORTGAGE COMPANY | $3,830,000 | $235,000 | -93.9% | 0.0% |
| AIR ACADEMY | $225,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $1,345,000 | $225,000 | -83.3% | 0.0% |
| Colonial Savings, F.A. | $2,230,000 | $220,000 | -90.1% | 0.0% |
| Farmers Bank & Trust Company | $215,000 | n/a | 0.0% | |
| N R L Federal Credit Union | $360,000 | $205,000 | -43.1% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $850,000 | $190,000 | -77.6% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $15,000 | $185,000 | 1,133.3% | 0.0% |
| Bethpage Federal Credit Union | $505,000 | $170,000 | -66.3% | 0.0% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $165,000 | n/a | 0.0% | |
| Actors Federal Credit Union | $155,000 | n/a | 0.0% | |
| ARC HOME LLC | $890,000 | $155,000 | -82.6% | 0.0% |
| Notre Dame Federal Credit Union Corporation | $155,000 | n/a | 0.0% | |
| OCMBC, INC. | $155,000 | n/a | 0.0% | |
| Red River Bank | $155,000 | n/a | 0.0% | |
| RELIANCE FIRST CAPITAL, LLC | $340,000 | $145,000 | -57.4% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $435,000 | $145,000 | -66.7% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $4,730,000 | $135,000 | -97.1% | 0.0% |
| American Airlines Federal Credit Union | $915,000 | $100,000 | -89.1% | 0.0% |
| DIGITAL Federal Credit Union | $300,000 | $55,000 | -81.7% | 0.0% |
| Southwest Airlines Federal Credit Union | $55,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $25,000 | n/a | 0.0% |
SANTA FE's top lender by overall market share is Waterstone Mortgage Corporation, with 5.4% market share. In second place, with 4.8%, is QUICKEN LOANS, LLC, having originated $70,290,000 in loans. In third place, with 3.5%, is Independent Bank, having originated $51,500,000 in loans. In fourth place, with 3.4%, is Bank of America, having originated $49,795,000 in loans. In fifth place, with 3.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $48,910,000 in loans.
SANTA FE Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - SANTA FE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $565,000 (5.9%) | $867,684 (7.5%) | 2.09 | 723 |
| 2018-02-01 | $570,750 (8.2%) | $878,405 (9.4%) | 2.07 | 699 |
| 2018-03-01 | $562,500 (12.5%) | $885,889 (12.3%) | 1.97 | 678 |
| 2018-04-01 | $574,875 (8.6%) | $912,850 (14.0%) | 1.95 | 680 |
| 2018-05-01 | $577,000 (4.0%) | $914,240 (11.8%) | 1.93 | 726 |
| 2018-06-01 | $595,000 (6.3%) | $915,994 (10.7%) | 1.98 | 776 |
| 2018-07-01 | $597,250 (8.6%) | $919,804 (12.4%) | 1.99 | 834 |
| 2018-08-01 | $573,500 (3.0%) | $894,736 (8.6%) | 1.92 | 902 |
| 2018-09-01 | $569,000 (3.6%) | $896,083 (10.1%) | 1.91 | 883 |
| 2018-10-01 | $578,125 (5.2%) | $911,724 (11.5%) | 1.95 | 868 |
| 2018-11-01 | $575,225 (4.7%) | $914,874 (10.8%) | 1.95 | 827 |
| 2018-12-01 | $575,000 (0.0%) | $897,866 (2.3%) | 1.98 | 759 |
| 2019-01-01 | $592,000 (4.8%) | $911,024 (5.0%) | 2.04 | 657 |
| 2019-02-01 | $600,625 (5.2%) | $902,943 (2.8%) | 2.03 | 625 |
| 2019-03-01 | $575,857 (2.4%) | $882,403 (-0.4%) | 1.88 | 626 |
| 2019-04-01 | $551,307 (-4.1%) | $867,136 (-5.0%) | 1.75 | 649 |
| 2019-05-01 | $549,450 (-4.8%) | $857,106 (-6.3%) | 1.72 | 698 |
| 2019-06-01 | $549,000 (-7.7%) | $842,546 (-8.0%) | 1.72 | 799 |
| 2019-07-01 | $549,498 (-8.0%) | $850,689 (-7.5%) | 1.72 | 806 |
| 2019-08-01 | $571,091 (-0.4%) | $860,946 (-3.8%) | 1.80 | 794 |
| 2019-09-01 | $581,727 (2.2%) | $861,902 (-3.8%) | 1.86 | 777 |
| 2019-10-01 | $588,318 (1.8%) | $862,217 (-5.4%) | 1.90 | 749 |
| 2019-11-01 | $595,000 (3.4%) | $890,405 (-2.7%) | 1.95 | 662 |
| 2019-12-01 | $620,000 (7.8%) | $913,078 (1.7%) | 2.07 | 600 |
| 2020-01-01 | $624,950 (5.6%) | $940,680 (3.3%) | 2.09 | 517 |
| 2020-02-01 | $625,000 (4.1%) | $973,831 (7.9%) | 2.04 | 464 |
| 2020-03-01 | $616,750 (7.1%) | $960,489 (8.9%) | 1.93 | 462 |
| 2020-04-01 | $577,379 (4.7%) | $921,436 (6.3%) | 1.81 | 511 |
| 2020-05-01 | $598,500 (8.9%) | $945,658 (10.3%) | 1.82 | 518 |
| 2020-06-01 | $622,000 (13.3%) | $942,083 (11.8%) | 1.83 | 544 |
| 2020-07-01 | $636,000 (15.7%) | $1,002,781 (17.9%) | 1.84 | 556 |
| 2020-08-01 | $639,000 (11.9%) | $1,002,355 (16.4%) | 1.83 | 555 |
| 2020-09-01 | $675,000 (16.0%) | $1,113,402 (29.2%) | 1.93 | 508 |
| 2020-10-01 | $675,000 (14.7%) | $1,145,065 (32.8%) | 1.93 | 479 |
| 2020-11-01 | $654,500 (10.0%) | $1,202,824 (35.1%) | 1.91 | 436 |
| 2020-12-01 | $656,750 (5.9%) | $1,189,859 (30.3%) | 1.95 | 400 |
| 2021-01-01 | $645,000 (3.2%) | $1,212,265 (28.9%) | 1.93 | 338 |
| 2021-02-01 | $612,000 (-2.1%) | $1,238,303 (27.2%) | 1.78 | 302 |
| 2021-03-01 | $636,500 (3.2%) | $1,335,130 (39.0%) | 1.81 | 263 |
| 2021-04-01 | $692,000 (19.9%) | $1,389,605 (50.8%) | 1.87 | 257 |
| 2021-05-01 | $695,000 (16.1%) | $1,331,725 (40.8%) | 1.83 | 275 |
| 2021-06-01 | $689,000 (10.8%) | $1,280,843 (36.0%) | 1.81 | 285 |
| 2021-07-01 | $676,000 (6.3%) | $1,278,306 (27.5%) | 1.78 | 346 |
| 2021-08-01 | $689,000 (7.8%) | $1,274,457 (27.2%) | 1.83 | 372 |
| 2021-09-01 | $695,500 (3.0%) | $1,322,506 (18.8%) | 1.85 | 353 |
| 2021-10-01 | $691,000 (2.4%) | $1,368,468 (19.5%) | 1.84 | 316 |
| 2021-11-01 | $706,225 (7.9%) | $1,499,424 (24.7%) | 1.88 | 247 |
| 2021-12-01 | $692,500 (5.4%) | $1,510,618 (27.0%) | 1.87 | 222 |
| 2022-01-01 | $717,450 (11.2%) | $1,597,513 (31.8%) | 1.94 | 188 |
| 2022-02-01 | $867,749 (41.8%) | $1,743,886 (40.8%) | 2.26 | 155 |
| 2022-03-01 | $850,750 (33.7%) | $1,751,447 (31.2%) | 2.13 | 170 |
| 2022-04-01 | $799,900 (15.6%) | $1,676,350 (20.6%) | 1.91 | 174 |
| 2022-05-01 | $786,750 (13.2%) | $1,531,776 (15.0%) | 1.80 | 239 |
| 2022-06-01 | $796,775 (15.6%) | $1,457,761 (13.8%) | 1.77 | 298 |
| 2022-07-01 | $775,000 (14.6%) | $1,405,768 (10.0%) | 1.74 | 372 |
| 2022-08-01 | $848,500 (23.2%) | $1,488,934 (16.8%) | 1.95 | 373 |
| 2022-09-01 | $847,450 (21.9%) | $1,456,983 (10.2%) | 1.98 | 385 |
| 2022-10-01 | $775,000 (12.2%) | $1,419,825 (3.8%) | 1.82 | 415 |
| 2022-11-01 | $734,500 (4.0%) | $1,392,615 (-7.1%) | 1.76 | 429 |
| 2022-12-01 | $767,615 (10.9%) | $1,442,325 (-4.5%) | 1.89 | 407 |
| 2023-01-01 | $748,500 (4.3%) | $1,439,108 (-9.9%) | 1.84 | 356 |
| 2023-02-01 | $737,500 (-15.0%) | $1,449,248 (-16.9%) | 1.78 | 342 |
SANTA FE's median listing price for 2023-02-01 was $737,500, a difference of
$-130,249
(-15.0%) versus the prior year and
$-11,000 versus the prior month.
SANTA FE's median listing price comes in at 178% of the national average.
SANTA FE's average listing price for 2023-02-01 was $1,449,248, a difference of $-294,638 (-16.9%) versus the prior year and $10,140 versus the prior month.
For the 2023-02-01 period, SANTA FE had 342 MLS listings, a difference of -14 listings (-4%) versus the prior month and 187 listings (121%) versus the prior year.
SANTA FE's median listing price comes in at 178% of the national average.
SANTA FE's average listing price for 2023-02-01 was $1,449,248, a difference of $-294,638 (-16.9%) versus the prior year and $10,140 versus the prior month.
For the 2023-02-01 period, SANTA FE had 342 MLS listings, a difference of -14 listings (-4%) versus the prior month and 187 listings (121%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - SANTA FE (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 150 days | 2,544 sqft |
| 2018-02-01 | 139 days | 2,565 sqft |
| 2018-03-01 | 122 days | 2,612 sqft |
| 2018-04-01 | 84 days | 2,600 sqft |
| 2018-05-01 | 73 days | 2,581 sqft |
| 2018-06-01 | 66 days | 2,560 sqft |
| 2018-07-01 | 66 days | 2,564 sqft |
| 2018-08-01 | 71 days | 2,548 sqft |
| 2018-09-01 | 84 days | 2,523 sqft |
| 2018-10-01 | 92 days | 2,537 sqft |
| 2018-11-01 | 104 days | 2,591 sqft |
| 2018-12-01 | 117 days | 2,550 sqft |
| 2019-01-01 | 123 days | 2,555 sqft |
| 2019-02-01 | 122 days | 2,542 sqft |
| 2019-03-01 | 107 days | 2,484 sqft |
| 2019-04-01 | 83 days | 2,464 sqft |
| 2019-05-01 | 69 days | 2,345 sqft |
| 2019-06-01 | 64 days | 2,352 sqft |
| 2019-07-01 | 67 days | 2,389 sqft |
| 2019-08-01 | 78 days | 2,462 sqft |
| 2019-09-01 | 87 days | 2,473 sqft |
| 2019-10-01 | 93 days | 2,491 sqft |
| 2019-11-01 | 100 days | 2,500 sqft |
| 2019-12-01 | 117 days | 2,548 sqft |
| 2020-01-01 | 136 days | 2,597 sqft |
| 2020-02-01 | 137 days | 2,626 sqft |
| 2020-03-01 | 117 days | 2,518 sqft |
| 2020-04-01 | 90 days | 2,369 sqft |
| 2020-05-01 | 94 days | 2,475 sqft |
| 2020-06-01 | 90 days | 2,498 sqft |
| 2020-07-01 | 76 days | 2,463 sqft |
| 2020-08-01 | 72 days | 2,495 sqft |
| 2020-09-01 | 83 days | 2,480 sqft |
| 2020-10-01 | 83 days | 2,513 sqft |
| 2020-11-01 | 98 days | 2,540 sqft |
| 2020-12-01 | 111 days | 2,446 sqft |
| 2021-01-01 | 115 days | 2,477 sqft |
| 2021-02-01 | 126 days | 2,331 sqft |
| 2021-03-01 | 100 days | 2,413 sqft |
| 2021-04-01 | 56 days | 2,543 sqft |
| 2021-05-01 | 50 days | 2,501 sqft |
| 2021-06-01 | 50 days | 2,496 sqft |
| 2021-07-01 | 43 days | 2,461 sqft |
| 2021-08-01 | 50 days | 2,493 sqft |
| 2021-09-01 | 64 days | 2,495 sqft |
| 2021-10-01 | 72 days | 2,540 sqft |
| 2021-11-01 | 98 days | 2,625 sqft |
| 2021-12-01 | 103 days | 2,724 sqft |
| 2022-01-01 | 96 days | 2,719 sqft |
| 2022-02-01 | 109 days | 2,790 sqft |
| 2022-03-01 | 48 days | 2,781 sqft |
| 2022-04-01 | 43 days | 2,688 sqft |
| 2022-05-01 | 37 days | 2,566 sqft |
| 2022-06-01 | 37 days | 2,495 sqft |
| 2022-07-01 | 36 days | 2,350 sqft |
| 2022-08-01 | 54 days | 2,494 sqft |
| 2022-09-01 | 59 days | 2,495 sqft |
| 2022-10-01 | 59 days | 2,390 sqft |
| 2022-11-01 | 66 days | 2,293 sqft |
| 2022-12-01 | 78 days | 2,380 sqft |
| 2023-01-01 | 89 days | 2,357 sqft |
| 2023-02-01 | 88 days | 2,339 sqft |
SANTA FE's median listing age (time on market) for 2023-02-01 was 88 days.
This
is -20%
shorter
than the same period one year ago.
SANTA FE's median square footage for active listings during the 2023-02-01 period was 2,339 sqft. One year prior, the average listing was 2,790 sqft.
SANTA FE's median square footage for active listings during the 2023-02-01 period was 2,339 sqft. One year prior, the average listing was 2,790 sqft.
SANTA FE, NM Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 87010 | Santa Fe, NM | $830 | $960 | $1,100 | $1,400 | $1,710 |
| 87015 | Santa Fe, NM | $770 | $910 | $1,050 | $1,390 | $1,690 |
| 87035 | Santa Fe, NM | $730 | $850 | $970 | $1,360 | $1,640 |
| 87047 | Santa Fe, NM | $1,000 | $1,230 | $1,490 | $2,110 | $2,540 |
| 87056 | Santa Fe, NM | $840 | $970 | $1,110 | $1,410 | $1,720 |
| 87501 | Santa Fe, NM | $1,040 | $1,200 | $1,370 | $1,750 | $2,130 |
| 87502 | Santa Fe, NM | $840 | $970 | $1,110 | $1,410 | $1,720 |
| 87504 | Santa Fe, NM | $840 | $970 | $1,110 | $1,410 | $1,720 |
| 87505 | Santa Fe, NM | $910 | $1,050 | $1,200 | $1,530 | $1,860 |
| 87506 | Santa Fe, NM | $790 | $910 | $1,040 | $1,330 | $1,620 |
| 87507 | Santa Fe, NM | $850 | $980 | $1,120 | $1,430 | $1,740 |
| 87508 | Santa Fe, NM | $1,080 | $1,250 | $1,430 | $1,820 | $2,220 |
| 87522 | Santa Fe, NM | $730 | $850 | $970 | $1,230 | $1,420 |
| 87532 | Santa Fe, NM | $730 | $850 | $970 | $1,230 | $1,420 |
| 87535 | Santa Fe, NM | $840 | $970 | $1,110 | $1,410 | $1,720 |
| 87540 | Santa Fe, NM | $1,060 | $1,230 | $1,410 | $1,790 | $2,180 |
| 87552 | Santa Fe, NM | $840 | $970 | $1,110 | $1,410 | $1,720 |
| 87567 | Santa Fe, NM | $730 | $850 | $970 | $1,230 | $1,420 |
| 87573 | Santa Fe, NM | $840 | $970 | $1,110 | $1,410 | $1,720 |
| 87574 | Santa Fe, NM | $900 | $1,040 | $1,180 | $1,510 | $1,840 |
| 87592 | Santa Fe, NM | $840 | $970 | $1,110 | $1,410 | $1,720 |
| 87594 | Santa Fe, NM | $840 | $970 | $1,110 | $1,410 | $1,720 |
2022 Average & Median Rent Data Statistics
SANTA FE, NM average 1BR rent: $996, median: $970
SANTA FE, NM average 2BR rent: $1,143, median: $1,110
SANTA FE, NM average 3BR rent: $1,472, median: $1,410
SANTA FE, NM Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,784 | $852,070,000 | $477,618 |
| Cash Out Refi | 810 | $251,790,000 | $310,852 |
| Refi | 617 | $218,975,000 | $354,903 |
| Other | 277 | $103,485,000 | $373,592 |
| Home Improvement | 236 | $32,240,000 | $136,610 |
Santa Fe's most frequently cited loan purpose was Home Purchase, with 1,784 originations. The 2nd most popular reason was Cash Out Refi, with 810 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 945 | $355,375,000 | $376,058 |
| 4-5% | 822 | $331,010,000 | $402,689 |
| 5-6% | 774 | $281,550,000 | $363,760 |
| 6-7% | 425 | $186,405,000 | $438,600 |
| 2.5-3% | 316 | $147,630,000 | $467,184 |
| 7-8% | 165 | $41,505,000 | $251,545 |
| <2.5% | 134 | $68,850,000 | $513,806 |
| Over 8% | 77 | $12,845,000 | $166,818 |
During 2022, Santa Fe's most frequently originated rate bucket was 3-4%, with 945 originations.
Loan Sizing (SANTA FE, NM MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,496 | $438,060,000 | $292,821 |
| $400k-600k | 665 | $320,625,000 | $482,143 |
| $100k-200k | 608 | $91,410,000 | $150,345 |
| $100,000 or less | 428 | $23,000,000 | $53,738 |
| $600k-1000k | 356 | $258,730,000 | $726,770 |
| $Over $1MM | 171 | $326,735,000 | $1,910,731 |
SANTA FE's loan sizing saw the bucket of loans from $200k-400k with 1,496 originations, totaling $438,060,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 1,018 | $504,520,000 | $495,599 |
| 80-100% | 902 | $384,540,000 | $426,319 |
| 40-60% | 738 | $290,060,000 | $393,035 |
| 20-40% | 481 | $176,175,000 | $366,268 |
| Under 20% | 371 | $31,655,000 | $85,323 |
| Over 100% | 37 | $19,105,000 | $516,351 |
SANTA FE's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 1,018 originations, totaling $504,520,000 in origination value.