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 6.9% for the week of 2025-06-18, compared to the national average of 6.81% for the same period.

The average rate for the prior week (2025-06-12) was 6.83% and one month ago for the week of 2025-05-15, the average rate was 7%.

Santa Fe's average rate one year ago was 6.74%.

For refis of the same type during the week of 2025-06-18, the average rate was 6.96%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-06-18 6.81%
Santa Fe 30 Year Fixed Rate 2025-06-18 6.9%
Santa Fe 30 Year Fixed Rate Refi 2025-06-18 6.96%
Santa Fe 15 Year Fixed Rate 2025-06-18 5.76%
Santa Fe 15 Year Fixed Rate Refi 2025-06-18 6.06%
Santa Fe 30 Year FHA 2025-06-18 -0.23%
Santa Fe 30 Year FHA Refi 2025-06-18 0%
Santa Fe 30 Year USDA 2025-06-18 -0.2%
Santa Fe 30 Year USDA Refi 2025-06-18 0%
Santa Fe 30 Year VA 2025-06-18 -0.25%
Santa Fe 30 Year VA Refi 2025-06-18 0%
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.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
QUICKEN LOANS, LLC 87 6.55% $8,860
Waterstone Mortgage Corporation 83 6.86% $8,061
UNITED WHOLESALE MORTGAGE, LLC 71 6.90% $8,067
Nations Lending Corporation 66 6.95% $5,748
BOKF 58 6.59% $7,007
NUSENDA 58 6.30% $4,746
PULTE MORTGAGE LLC 55 5.90% $3,603
GUILD MORTGAGE COMPANY 53 6.82% $9,860
Del Norte Credit Union 47 6.01% $5,761
Sunflower Bank 40 6.76% $7,322
Bell Bank 33 6.93% $4,938
JPMorgan Chase Bank 32 6.46% $8,389
Wells Fargo Bank 24 6.55% $8,510
CARDINAL FINANCIAL 22 6.57% $11,183
Morgan Stanley Private Bank 21 6.15% $5,010
DHI MORTGAGE COMPANY, LTD. 20 6.22% $4,916
PLAZA HOME MORTGAGE, INC. 18 6.82% $6,070
Bank of America 17 6.51% $5,598
SUMMIT FUNDING, INC. 17 7.09% $7,419
UNION HOME MORTGAGE CORP. 16 7.08% $5,913
DIRECTORS MORTGAGE, INC. 15 6.77% $15,246
GUADALUPE CREDIT UNION 14 8.36% $22,438
PRIMARY RESIDENTIAL MORTGAGE, INC. 13 7.04% $11,460
MUTUAL OF OMAHA MORTGAGE, INC. 12 6.41% $6,467
LOANDEPOT.COM, LLC 12 6.69% $8,115
Plains Commerce Bank 11 6.20% $13,220
Mr. Cooper ( Nationstar Mortgage ) 11 6.59% $12,228
U.S. Bank 10 6.71% $7,607
GUARANTEED RATE, INC. 9 7.16% $6,351
21ST MORTGAGE CORPORATION 9 8.41% $7,281
Charles Schwab Bank, SSB 9 5.66% $5,068
Century Mortgage Company DBA Century Lending Company 9 6.71% $7,857
NAVY FEDERAL CREDIT UNION 7 6.36% $8,276
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 7 6.91% $9,110
BAY EQUITY LLC 6 6.77% $4,346
MidFirst Bank 6 6.71% $19,630
UBS Bank USA 5 6.30% $7,707
NEWREZ LLC 5 6.80% $8,500
BROKER SOLUTIONS, INC. 5 7.03% $10,153
USAA Federal Savings Bank 5 6.85% $6,387
CMG MORTGAGE, INC. 4 6.81% $11,647
Gateway First Bank 4 6.81% $11,389
NBKC BANK 4 6.22% $2,901
Stifel Bank and Trust 4 6.00% $3,750
Flagstar Bank, FSB 4 6.41% $6,363
Commerce Home Mortgage, Inc. 4 7.94% $20,024
BAYSHORE MORTGAGE FUNDING, LLC 4 6.81% $6,653
PENTAGON FEDERAL CREDIT UNION 4 6.63% $8,263
MOUNTAIN AMERICA 3 6.46% $7,761
Citibank 3 6.58% $8,437
SANDIA LABORATORY 3 6.25% $3,728
CROSSCOUNTRY MORTGAGE, LLC 3 6.69% $8,827
Truist 3 6.87% $8,130
CALCON MUTUAL MORTGAGE LLC 3 7.62% $8,268
Ally Bank 3 5.92% $20,436
AMERICAN PACIFIC MORTGAGE CORPORATION 3 7.33% $9,493
FREEDOM MORTGAGE CORPORATION 3 6.96% $4,644
Mortgage Research Center, LLC 3 7.08% $2,645
The Huntington National Bank 3 7.25% $5,051
Zions Bank 2 6.56% $2,928
ALLIANT CREDIT UNION 2 6.19% $7,793
ANGEL OAK MORTGAGE SOLUTIONS LLC 2 7.19% $20,122
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 7.19% $10,495
BETTER MORTGAGE CORPORATION 2 6.94% $4,428
BMO Harris Bank 2 7.44% $9,184
First Horizon Bank 2 7.13% $5,728
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 7.06% $5,960
LENDSURE MORTGAGE CORP. 2 7.50% $29,625
LENOX FINANCIAL MORTGAGE CORPORATION 2 6.12% $5,542
MID AMERICA MORTGAGE, INC. 2 6.75% $7,041
OCMBC, INC. 2 7.87% $19,687
PNC Bank 2 6.88% $5,163
Raymond James Bank 2 5.38% $7,264
RELIANCE FIRST CAPITAL, LLC 2 6.81% $11,282
Sierra Pacific Mortgage Company, Inc. 2 6.56% $3,555
State Department Federal Credit Union 2 5.88% $8,601
The Federal Savings Bank 2 6.81% $5,671
The Loan Store, Inc. 2 7.62% $10,489
HOMESIDE FINANCIAL, LLC 1 7.99% $17,059
M&T Bank 1 6.63% $4,017
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.88% $3,906
MYCUMORTGAGE, LLC 1 7.13% $6,757
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.63% $10,584
GUARANTEED RATE AFFINITY, LLC 1 7.25% $68
GENEVA FINANCIAL, LLC 1 7.25% $6,927
GARDNER FINANCIAL SERVICES, LTD. 1 7.38% $3,854
North American Savings Bank, F.S.B. 1 8.13% $24,134
Northpointe Bank 1 6.63% $3,982
First Western Trust Bank 1 7.50% $9,169
V.I.P. MORTGAGE, INC. 1 6.62% $4,078
Old National Bank 1 6.38% $9,315
PENNYMAC LOAN SERVICES, LLC 1 5.88% $22,834
First Federal Bank 1 6.63% $5,397
First-Citizens Bank & Trust Company 1 6.75% $5,173
EVERETT FINANCIAL, INC. 1 7.50% $9,873
Washington Federal Bank 1 7.63% $20,497
POINT Mortgage 1 6.38% $8,823
PREMIA MORTGAGE, LLC 1 6.38% $0
Eagle Bank and Trust Company 1 6.25% $3,882
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.13% $29,951
Prosperity Bank 1 6.75% $2,773
Prosperity Home Mortgage, LLC 1 6.88% $4,865
Discover Bank 1 7.09% $0
DAS Acquisition Company, LLC 1 7.50% $10,622
Amarillo National Bank 1 6.50% $5,680
Affiliated Bank 1 7.38% $8,580
RESIDENTIAL BANCORP 1 7.50% $13,730
ROYAL UNITED MORTGAGE LLC 1 7.63% $12,940
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 6.50% $4,145
Western State Bank 1 6.75% $11,841
Simmons Bank 1 7.38% $4,668
SIRVA MORTGAGE, INC. 1 5.88% $3,878
SKYONE Federal Credit Union 1 5.13% $19,034
SOUTHWEST FUNDING, LP 1 7.00% $20,499
STARBOARD FINANCIAL MANAGEMENT, LLC 1 7.13% $7,133
West Gate Bank 1 6.88% $2,795
STATE EMPLOYEES 1 6.75% $6,361
City National Bank 1 7.13% $5,335
City Bank 1 7.38% $8,403
CHURCHILL MORTGAGE CORPORATION 1 6.63% $13,183
SUN WEST MORTGAGE COMPANY, INC. 1 7.50% $7,805
The Central Trust Bank 1 6.62% $5,852
ZILLOW HOME LOANS, LLC 1 6.50% $8,358
Chickasaw Community Bank 1 6.38% $8,358
AAXY L.L.C. 1 6.50% $5,386
CASTLE & COOKE MORTGAGE, LLC 1 6.99% $8,357
BNY Mellon 1 6.75% $5,283
Barrington Bank & Trust Company, N.A. 1 6.63% $5,015
UNION SQUARE 1 7.00% $4,454
American Mortgage & Equity Consultants, Inc. 1 7.49% $7,201
AMERICAN HERITAGE LENDING, INC. 1 10.00% $16,748
AMERICAN FINANCIAL RESOURCES, INC. 1 6.13% $2,255
VANDERBILT MORTGAGE AND FINANCE, INC. 1 8.25% $13,439
LAKEVIEW LOAN SERVICING, LLC 1 5.88% $13,555
MASON MCDUFFIE MORTGAGE CORPORATION 1 6.99% $9,309
MEMBER HOME LOAN, L.L.C. 1 6.99% $12,728
VAN DYK MORTGAGE CORPORATION 1 6.63% $10,612
KeyBank 1 6.75% $5,916
HSBC BANK USA, NATIONAL ASSOCIATION 1 6.55% $3,263
HOMETRUST MORTGAGE COMPANY 1 7.00% $18,164
Hometown Equity Mortgage, LLC 1 7.38% $9,337
MOVEMENT MORTGAGE, LLC 1 6.75% $4,743

SANTA FE Average Closing Costs & Other Stats

SANTA FE, NM's 142 lenders originated 2,669 loans during 2024. The total origination value was $1,153,015,000, with an average loan value of $432,003.

SANTA FE's average closing costs are $6,094.

The top SANTA FE lender as defined by loan originations is QUICKEN LOANS, LLC, with 87 loans originated. Their average total fees are $8,860, which is $800 higher than the next largest lender, Waterstone Mortgage Corporation.

The lowest fee SANTA FE lenders (with over 10 loans originated) are PULTE MORTGAGE LLC ($3,603), NUSENDA ($4,746), DHI MORTGAGE COMPANY, LTD. ($4,916), Bell Bank ($4,938) and Morgan Stanley Private Bank ($5,010).

The lowest rate SANTA FE lenders (with over 10 loans originated) are PULTE MORTGAGE LLC (5.90%), Del Norte Credit Union (6.01%), Morgan Stanley Private Bank (6.15%), Plains Commerce Bank (6.20%) and DHI MORTGAGE COMPANY, LTD. (6.22%).

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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
CBRE MULTIFAMILY CAPITAL, INC. $85,805,000 n/a 7.4%
ORIX REAL ESTATE CAPITAL, LLC $39,055,000 $60,750,000 55.5% 5.3%
UNITED WHOLESALE MORTGAGE, LLC $38,360,000 $56,890,000 48.3% 4.9%
QUICKEN LOANS, LLC $37,390,000 $54,055,000 44.6% 4.7%
Waterstone Mortgage Corporation $47,315,000 $46,895,000 -0.9% 4.1%
NUSENDA $32,795,000 $43,365,000 32.2% 3.8%
Nations Lending Corporation $24,910,000 $40,635,000 63.1% 3.5%
PULTE MORTGAGE LLC $36,325,000 $34,465,000 -5.1% 3.0%
GUILD MORTGAGE COMPANY $16,160,000 $32,235,000 99.5% 2.8%
BOKF $30,125,000 $31,730,000 5.3% 2.8%
Del Norte Credit Union $23,795,000 $30,175,000 26.8% 2.6%
GREYSTONE SERVICING COMPANY LLC $28,240,000 n/a 2.4%
Sunflower Bank $17,455,000 $24,265,000 39.0% 2.1%
CARDINAL FINANCIAL $13,570,000 $22,980,000 69.3% 2.0%
Morgan Stanley Private Bank $15,000,000 $22,260,000 48.4% 1.9%
JPMorgan Chase Bank $18,405,000 $21,220,000 15.3% 1.8%
Wells Fargo Bank $34,495,000 $20,510,000 -40.5% 1.8%
Bank of America $21,045,000 $19,335,000 -8.1% 1.7%
Bell Bank $17,555,000 $19,270,000 9.8% 1.7%
SANDIA LABORATORY $7,915,000 $17,955,000 126.8% 1.6%
STATE EMPLOYEES $18,785,000 $17,615,000 -6.2% 1.5%
DHI MORTGAGE COMPANY, LTD. $14,530,000 n/a 1.3%
Mortgage Research Center, LLC $8,345,000 $13,250,000 58.8% 1.1%
U.S. Bank $11,405,000 $12,670,000 11.1% 1.1%
DIRECTORS MORTGAGE, INC. $5,630,000 $11,775,000 109.1% 1.0%
NAVY FEDERAL CREDIT UNION $9,010,000 $11,305,000 25.5% 1.0%
PRIMARY RESIDENTIAL MORTGAGE, INC. $8,065,000 $10,610,000 31.6% 0.9%
LOANDEPOT.COM, LLC $10,000,000 $10,370,000 3.7% 0.9%
Charles Schwab Bank, SSB $4,790,000 $10,165,000 112.2% 0.9%
PLAZA HOME MORTGAGE, INC. $8,620,000 $10,120,000 17.4% 0.9%
MUTUAL OF OMAHA MORTGAGE, INC. $3,350,000 $9,510,000 183.9% 0.8%
FREEDOM MORTGAGE CORPORATION $2,375,000 $9,185,000 286.7% 0.8%
SUMMIT FUNDING, INC. $1,400,000 $9,015,000 543.9% 0.8%
21ST MORTGAGE CORPORATION $10,450,000 $8,395,000 -19.7% 0.7%
UNION HOME MORTGAGE CORP. $9,920,000 $8,260,000 -16.7% 0.7%
MidFirst Bank $14,900,000 $7,850,000 -47.3% 0.7%
GUARANTEED RATE, INC. $14,245,000 $7,320,000 -48.6% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $4,680,000 $6,435,000 37.5% 0.6%
Plains Commerce Bank $2,825,000 $6,420,000 127.3% 0.6%
UBS Bank USA $3,935,000 $6,190,000 57.3% 0.5%
Enterprise Bank & Trust $7,840,000 $6,065,000 -22.6% 0.5%
GUADALUPE CREDIT UNION $4,855,000 $5,965,000 22.9% 0.5%
CROSSCOUNTRY MORTGAGE, LLC $8,045,000 $5,570,000 -30.8% 0.5%
Hometown Equity Mortgage, LLC $355,000 $5,305,000 1,394.4% 0.5%
USAA Federal Savings Bank $6,755,000 $5,120,000 -24.2% 0.4%
BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC $4,895,000 n/a 0.4%
PENNYMAC LOAN SERVICES, LLC $5,740,000 $4,615,000 -19.6% 0.4%
Citibank $1,840,000 $4,485,000 143.8% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,805,000 $4,320,000 -10.1% 0.4%
Gateway First Bank $15,810,000 $4,085,000 -74.2% 0.4%
CMG MORTGAGE, INC. $3,975,000 $4,075,000 2.5% 0.4%
LAKEVIEW LOAN SERVICING, LLC $1,185,000 $3,880,000 227.4% 0.3%
Century Mortgage Company DBA Century Lending Company $1,410,000 $3,825,000 171.3% 0.3%
Stifel Bank and Trust $1,385,000 $3,690,000 166.4% 0.3%
The Huntington National Bank $1,955,000 $3,680,000 88.2% 0.3%
Commerce Home Mortgage, Inc. $5,960,000 $3,430,000 -42.4% 0.3%
Flagstar Bank, FSB $3,100,000 $3,385,000 9.2% 0.3%
SANDIA AREA $3,035,000 $3,375,000 11.2% 0.3%
BMO Harris Bank $4,010,000 $3,200,000 -20.2% 0.3%
Washington Federal Bank $6,610,000 $3,060,000 -53.7% 0.3%
NEWREZ LLC $3,115,000 $3,055,000 -1.9% 0.3%
PENTAGON FEDERAL CREDIT UNION $2,160,000 $3,020,000 39.8% 0.3%
BROKER SOLUTIONS, INC. $1,580,000 $2,995,000 89.6% 0.3%
PRIMELENDING, A PLAINSCAPITAL COMPANY $990,000 $2,985,000 201.5% 0.3%
MOUNTAIN AMERICA $940,000 $2,800,000 197.9% 0.2%
SpiritBank $2,795,000 n/a 0.2%
Raymond James Bank $1,755,000 $2,760,000 57.3% 0.2%
VILLAGE CAPITAL MORTGAGE $710,000 $2,750,000 287.3% 0.2%
BAY EQUITY LLC $1,950,000 $2,720,000 39.5% 0.2%
ANGEL OAK MORTGAGE SOLUTIONS LLC $3,370,000 $2,705,000 -19.7% 0.2%
CALCON MUTUAL MORTGAGE LLC $3,560,000 $2,700,000 -24.2% 0.2%
LENDSURE MORTGAGE CORP. $1,840,000 $2,685,000 45.9% 0.2%
AMERICAN HERITAGE LENDING, INC. $535,000 $2,530,000 372.9% 0.2%
UNION SQUARE $2,475,000 n/a 0.2%
LONGBRIDGE FINANCIAL, LLC $3,555,000 $2,290,000 -35.6% 0.2%
PNC Bank $3,660,000 $2,250,000 -38.5% 0.2%
NBKC BANK $1,830,000 $2,170,000 18.6% 0.2%
AMERISAVE MORTGAGE CORPORATION $4,340,000 $2,165,000 -50.1% 0.2%
BAYSHORE MORTGAGE FUNDING, LLC $1,915,000 n/a 0.2%
ALLIANT CREDIT UNION $1,840,000 n/a 0.2%
FINANCE OF AMERICA REVERSE LLC $2,675,000 $1,815,000 -32.1% 0.2%
First-Citizens Bank & Trust Company $4,595,000 $1,805,000 -60.7% 0.2%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $730,000 $1,780,000 143.8% 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $510,000 $1,760,000 245.1% 0.2%
First Western Trust Bank $1,755,000 n/a 0.2%
MERITRUST Federal Credit Union $1,725,000 n/a 0.1%
Ally Bank $520,000 $1,715,000 229.8% 0.1%
Equity Prime Mortgage LLC $415,000 $1,695,000 308.4% 0.1%
OCMBC, INC. $265,000 $1,675,000 532.1% 0.1%
North American Savings Bank, F.S.B. $880,000 $1,655,000 88.1% 0.1%
MOVEMENT MORTGAGE, LLC $435,000 $1,640,000 277.0% 0.1%
The Federal Savings Bank $1,715,000 $1,565,000 -8.7% 0.1%
PREMIA MORTGAGE, LLC $725,000 $1,520,000 109.7% 0.1%
AMERICAN PACIFIC MORTGAGE CORPORATION $2,120,000 $1,510,000 -28.8% 0.1%
BETTER MORTGAGE CORPORATION $2,275,000 $1,510,000 -33.6% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $500,000 $1,475,000 195.0% 0.1%
MID AMERICA MORTGAGE, INC. $2,455,000 $1,465,000 -40.3% 0.1%
Spring Hill State Bank $1,465,000 n/a 0.1%
City Bank $715,000 $1,460,000 104.2% 0.1%
Discover Bank $1,820,000 $1,365,000 -25.0% 0.1%
LENOX FINANCIAL MORTGAGE CORPORATION $1,310,000 n/a 0.1%
Zions Bank $25,000 $1,300,000 5,100.0% 0.1%
PHH Mortgage Corporation $715,000 $1,150,000 60.8% 0.1%
First Horizon Bank $1,140,000 n/a 0.1%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $1,115,000 n/a 0.1%
Goldwater Bank, N.A. $1,075,000 n/a 0.1%
State Department Federal Credit Union $1,070,000 n/a 0.1%
VANDERBILT MORTGAGE AND FINANCE, INC. $860,000 $1,055,000 22.7% 0.1%
MEMBER HOME LOAN, L.L.C. $1,035,000 n/a 0.1%
The Loan Store, Inc. $1,025,000 n/a 0.1%
Figure Lending LLC $1,730,000 $1,020,000 -41.0% 0.1%
VAN DYK MORTGAGE CORPORATION $195,000 $1,015,000 420.5% 0.1%
Bethpage Federal Credit Union $1,005,000 n/a 0.1%
Truist $985,000 n/a 0.1%
RIO GRANDE $970,000 n/a 0.1%
Coastal Community Bank $150,000 $945,000 530.0% 0.1%
U.S. EAGLE $350,000 $945,000 170.0% 0.1%
SOUTHWEST STAGE FUNDING, LLC $790,000 $920,000 16.5% 0.1%
MASON MCDUFFIE MORTGAGE CORPORATION $955,000 $880,000 -7.9% 0.1%
Sierra Pacific Mortgage Company, Inc. $875,000 n/a 0.1%
EVERETT FINANCIAL, INC. $830,000 n/a 0.1%
AMERICAN FINANCIAL NETWORK, INC. $805,000 n/a 0.1%
American Mortgage & Equity Consultants, Inc. $790,000 n/a 0.1%
Loan Simple, Inc. $440,000 $785,000 78.4% 0.1%
SOUTHWEST FUNDING, LP $755,000 n/a 0.1%
American Bank of Commerce $705,000 n/a 0.1%
First Federal Bank $670,000 n/a 0.1%
Northpointe Bank $750,000 $650,000 -13.3% 0.1%
Prosperity Bank $635,000 n/a 0.1%
Western State Bank $635,000 n/a 0.1%
Affiliated Bank $605,000 n/a 0.1%
SIRVA MORTGAGE, INC. $605,000 n/a 0.1%
Wallick & Volk, Inc. $575,000 $600,000 4.3% 0.1%
Kirtland Federal Credit Union $1,705,000 $595,000 -65.1% 0.1%
DAS Acquisition Company, LLC $575,000 n/a 0.0%
RELIANCE FIRST CAPITAL, LLC $305,000 $570,000 86.9% 0.0%
Leader Bank $635,000 $565,000 -11.0% 0.0%
STANFORD Federal Credit Union $565,000 n/a 0.0%
BNY Mellon $3,050,000 $555,000 -81.8% 0.0%
ENVOY MORTGAGE, LTD $555,000 n/a 0.0%
KeyBank $555,000 n/a 0.0%
HOMESIDE FINANCIAL, LLC $540,000 n/a 0.0%
GUARANTEED RATE AFFINITY, LLC $525,000 n/a 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $3,665,000 $525,000 -85.7% 0.0%
Bank-Fund Staff Federal Credit Union $510,000 n/a 0.0%
QUORUM FEDERAL CREDIT UNION $510,000 n/a 0.0%
City National Bank $505,000 n/a 0.0%
HOMETRUST MORTGAGE COMPANY $1,545,000 $495,000 -68.0% 0.0%
SKYONE Federal Credit Union $495,000 n/a 0.0%
ZILLOW HOME LOANS, LLC $1,155,000 $495,000 -57.1% 0.0%
CHURCHILL MORTGAGE CORPORATION $475,000 n/a 0.0%
Armed Forces Bank $465,000 n/a 0.0%
Grinnell State Bank $465,000 n/a 0.0%
Merchants Mortgage & Trust Corporation $465,000 n/a 0.0%
Prosperity Home Mortgage, LLC $615,000 $465,000 -24.4% 0.0%
West Gate Bank $465,000 n/a 0.0%
Citadel Servicing Corporation $355,000 $455,000 28.2% 0.0%
First State Bank $17,380,000 $455,000 -97.4% 0.0%
AAXY L.L.C. $435,000 n/a 0.0%
HOMEOWNERS FINANCIAL GROUP USA, LLC $435,000 n/a 0.0%
American Airlines Federal Credit Union $430,000 n/a 0.0%
Bank of Colorado $425,000 n/a 0.0%
V.I.P. MORTGAGE, INC. $395,000 $425,000 7.6% 0.0%
M&T Bank $415,000 $415,000 0.0% 0.0%
CASTLE & COOKE MORTGAGE, LLC $395,000 n/a 0.0%
Stock Yards Bank & Trust Company $395,000 n/a 0.0%
SPRING EQ, LLC $770,000 $390,000 -49.4% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $285,000 $380,000 33.3% 0.0%
HOMEXPRESS MORTGAGE CORP. $620,000 $375,000 -39.5% 0.0%
Security First Bank $375,000 n/a 0.0%
CONTOUR MORTGAGE CORPORATION $365,000 n/a 0.0%
Logan Finance Corporation $365,000 n/a 0.0%
POINT Mortgage $365,000 n/a 0.0%
Amarillo National Bank $355,000 n/a 0.0%
HSBC BANK USA, NATIONAL ASSOCIATION $965,000 $355,000 -63.2% 0.0%
The Central Trust Bank $520,000 $355,000 -31.7% 0.0%
Deere Employees Credit Union $345,000 n/a 0.0%
LIMA ONE CAPITAL, LLC $335,000 n/a 0.0%
RESIDENTIAL BANCORP $335,000 n/a 0.0%
NEW DAY FINANCIAL, LLC $275,000 $325,000 18.2% 0.0%
DOMINION FINANCIAL SERVICES, LLC $315,000 n/a 0.0%
Old National Bank $315,000 n/a 0.0%
COUNTRYPLACE MORTGAGE, LTD. $145,000 $310,000 113.8% 0.0%
LOANPAL, LLC $460,000 $300,000 -34.8% 0.0%
Simmons Bank $295,000 n/a 0.0%
VERITAS FUNDING, LLC $285,000 n/a 0.0%
Chickasaw Community Bank $265,000 n/a 0.0%
Farm Credit Mid-America, ACA $265,000 n/a 0.0%
MYCUMORTGAGE, LLC $265,000 n/a 0.0%
OPEN MORTGAGE, LLC $265,000 n/a 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $255,000 n/a 0.0%
MORTGAGE SOLUTIONS OF COLORADO, LLC $255,000 n/a 0.0%
DIGITAL Federal Credit Union $105,000 $245,000 133.3% 0.0%
GARDNER FINANCIAL SERVICES, LTD. $345,000 $245,000 -29.0% 0.0%
GENEVA FINANCIAL, LLC $375,000 $235,000 -37.3% 0.0%
ROYAL UNITED MORTGAGE LLC $235,000 n/a 0.0%
STARBOARD FINANCIAL MANAGEMENT, LLC $235,000 n/a 0.0%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $225,000 n/a 0.0%
DEEPHAVEN MORTGAGE LLC $965,000 $215,000 -77.7% 0.0%
First Savings Bank $215,000 n/a 0.0%
Carrington Mortgage Services, LLC $1,025,000 $195,000 -81.0% 0.0%
PLANET HOME LENDING, LLC $195,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $85,000 $175,000 105.9% 0.0%
Eagle Bank and Trust Company $175,000 n/a 0.0%
Firefighters First Federal Credit Union $75,000 $155,000 106.7% 0.0%
Barrington Bank & Trust Company, N.A. $785,000 $145,000 -81.5% 0.0%
Northwest Federal Credit Union $130,000 n/a 0.0%
SUN AMERICAN MORTGAGE COMPANY $115,000 n/a 0.0%
CITY-COUNTY CREDIT UNION $35,000 n/a 0.0%
EVERENCE FEDERAL CREDIT UNION $25,000 n/a 0.0%

SANTA FE's top lender by overall market share is CBRE MULTIFAMILY CAPITAL, INC., with 7.4% market share. In second place, with 5.3%, is ORIX REAL ESTATE CAPITAL, LLC, having originated $60,750,000 in loans. In third place, with 4.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $56,890,000 in loans. In fourth place, with 4.7%, is QUICKEN LOANS, LLC, having originated $54,055,000 in loans. In fifth place, with 4.1%, is Waterstone Mortgage Corporation, having originated $46,895,000 in loans.

SANTA FE, NM Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,533 $737,345,000 $480,982
Cash Out Refi 361 $96,755,000 $268,019
Refi 295 $238,635,000 $808,932
Home Improvement 240 $28,470,000 $118,625
Other 240 $51,810,000 $215,875

Santa Fe's most frequently cited loan purpose was Home Purchase, with 1,533 originations. The 2nd most popular reason was Cash Out Refi, with 361 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 1,050 $446,700,000 $425,429
7-8% 555 $209,885,000 $378,171
Over 8% 479 $80,355,000 $167,756
5-6% 416 $362,180,000 $870,625
4-5% 69 $25,845,000 $374,565
2.5-3% 20 $4,140,000 $207,000
<2.5% 19 $735,000 $38,684
3-4% 2 $610,000 $305,000

During 2024, Santa Fe's most frequently originated rate bucket was 6-7%, with 1,050 originations.

Loan Sizing (SANTA FE, NM MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 832 $249,700,000 $300,120
$400k-600k 581 $279,755,000 $481,506
$100,000 or less 471 $24,075,000 $51,115
$100k-200k 390 $54,900,000 $140,769
$600k-1000k 278 $198,530,000 $714,137
$Over $1MM 117 $346,055,000 $2,957,735

SANTA FE's loan sizing saw the bucket of loans from $200k-400k with 832 originations, totaling $249,700,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 794 $361,450,000 $455,227
60-80% 613 $370,025,000 $603,630
Under 20% 470 $37,210,000 $79,170
40-60% 328 $206,910,000 $630,823
20-40% 297 $65,275,000 $219,781
Over 100% 30 $33,410,000 $1,113,667

SANTA FE's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 794 originations, totaling $361,450,000 in origination value.