SANTA FE Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Santa Fe averaged
5.29%
for the week of 2022-05-12, compared to the national average of
5.3% for the same period.
The average rate for the prior week (2022-05-05) was
5.46% and
one month ago for the week of 2022-04-07, the
average rate was 4.81%.
Santa Fe's average rate one year ago was 3.27%.
For refis of the same type during the week of 2022-05-12, the average rate
was 5.27%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-05-12 | 5.3% |
| Santa Fe 30 Year Fixed Rate | 2022-05-12 | 5.29% |
| Santa Fe 30 Year Fixed Rate Refi | 2022-05-12 | 5.27% |
| Santa Fe 15 Year Fixed Rate | 2022-05-12 | 4.81% |
| Santa Fe 15 Year Fixed Rate Refi | 2022-05-12 | 4.54% |
| Santa Fe 30 Year FHA | 2022-05-12 | 5.28% |
| Santa Fe 30 Year FHA Refi | 2022-05-12 | 5.29% |
| Santa Fe 30 Year USDA | 2022-05-12 | 5.46% |
| Santa Fe 30 Year USDA Refi | 2022-05-12 | 2.97% |
| Santa Fe 30 Year VA | 2022-05-12 | 5.19% |
| Santa Fe 30 Year VA Refi | 2022-05-12 | 5.17% |
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 lendor, 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, NM's 236 lenders originated 6,960
loans during 2021. The total origination value was $2,496,830,000, with an average loan value of
$358,740.
The top SANTA FE lender as defined by loan originations is QUICKEN LOANS, LLC, with
426 loans originated. Their average total fees are
$5,762, which is $736
higher than the next largest lender,
Waterstone Mortgage Corporation.
The lowest fee SANTA FE lenders (with over 10 loans originated) are
CHERRY CREEK MORTGAGE, LLC ($1,056), PULTE MORTGAGE LLC ($1,914), FREEDOM MORTGAGE CORPORATION ($2,487), SANDIA LABORATORY ($2,522) and KELLER MORTGAGE, LLC ($2,960).
The lowest rate SANTA FE lenders (with over 10 loans originated) are
Charles Schwab Bank, SSB (2.46%), Bank of America (2.74%), Morgan Stanley Private Bank (2.75%), UBS Bank USA (2.76%) and BETTER MORTGAGE CORPORATION (2.77%).
SANTA FE, NM Lender 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $193,635,000 | $198,330,000 | 2.4% | 7.9% |
| Waterstone Mortgage Corporation | $140,825,000 | $132,635,000 | -5.8% | 5.3% |
| Gateway First Bank | $107,760,000 | $116,885,000 | 8.5% | 4.7% |
| LOANDEPOT.COM, LLC | $79,690,000 | $105,060,000 | 31.8% | 4.2% |
| Wells Fargo Bank | $78,460,000 | $90,475,000 | 15.3% | 3.6% |
| UNITED WHOLESALE MORTGAGE, LLC | $57,210,000 | $76,380,000 | 33.5% | 3.1% |
| CBRE MULTIFAMILY CAPITAL, INC. | $71,105,000 | n/a | 2.8% | |
| JPMorgan Chase Bank | $49,490,000 | $69,185,000 | 39.8% | 2.8% |
| Sunflower Bank | $54,095,000 | $62,375,000 | 15.3% | 2.5% |
| Enterprise Bank & Trust | $84,840,000 | $56,760,000 | -33.1% | 2.3% |
| U.S. Bank | $39,385,000 | $50,260,000 | 27.6% | 2.0% |
| Del Norte Credit Union | $55,325,000 | $48,385,000 | -12.5% | 1.9% |
| AMERISAVE MORTGAGE CORPORATION | $20,480,000 | $43,400,000 | 111.9% | 1.7% |
| Bank of America | $46,390,000 | $43,020,000 | -7.3% | 1.7% |
| BETTER MORTGAGE CORPORATION | $22,415,000 | $40,935,000 | 82.6% | 1.6% |
| FREEDOM MORTGAGE CORPORATION | $44,480,000 | $40,375,000 | -9.2% | 1.6% |
| LEGACY MORTGAGE LLC | $36,775,000 | $39,070,000 | 6.2% | 1.6% |
| STATE EMPLOYEES | $35,995,000 | $37,230,000 | 3.4% | 1.5% |
| Bell Bank | $45,660,000 | $37,170,000 | -18.6% | 1.5% |
| Nations Lending Corporation | $700,000 | $34,255,000 | 4,793.6% | 1.4% |
| BOKF | $39,200,000 | $33,000,000 | -15.8% | 1.3% |
| GUARANTEED RATE, INC. | $22,330,000 | $30,310,000 | 35.7% | 1.2% |
| PLAZA HOME MORTGAGE, INC. | $11,540,000 | $30,100,000 | 160.8% | 1.2% |
| NUSENDA | $41,955,000 | $29,550,000 | -29.6% | 1.2% |
| First State Bank | $265,000 | $27,100,000 | 10,126.4% | 1.1% |
| Mr. Cooper ( Nationstar Mortgage ) | $20,795,000 | $26,910,000 | 29.4% | 1.1% |
| KeyBank | $2,085,000 | $26,000,000 | 1,147.0% | 1.0% |
| BROKER SOLUTIONS, INC. | $10,910,000 | $25,560,000 | 134.3% | 1.0% |
| Flagstar Bank, FSB | $37,355,000 | $24,015,000 | -35.7% | 1.0% |
| NORTHMARQ CAPITAL FINANCE, L.L.C. | $23,175,000 | n/a | 0.9% | |
| PENNYMAC LOAN SERVICES, LLC | $9,265,000 | $22,065,000 | 138.2% | 0.9% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $59,340,000 | $21,970,000 | -63.0% | 0.9% |
| Morgan Stanley Private Bank | $17,300,000 | $20,965,000 | 21.2% | 0.8% |
| UBS Bank USA | $10,025,000 | $20,415,000 | 103.6% | 0.8% |
| Washington Federal Bank | $19,105,000 | $20,010,000 | 4.7% | 0.8% |
| Charles Schwab Bank, SSB | $15,700,000 | $19,405,000 | 23.6% | 0.8% |
| PANORAMA MORTGAGE GROUP, LLC | $24,315,000 | $18,720,000 | -23.0% | 0.7% |
| PULTE MORTGAGE LLC | $31,220,000 | $17,495,000 | -44.0% | 0.7% |
| FINANCE OF AMERICA MORTGAGE LLC | $10,010,000 | $15,925,000 | 59.1% | 0.6% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $5,125,000 | $15,340,000 | 199.3% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $9,815,000 | $14,645,000 | 49.2% | 0.6% |
| NEWREZ LLC | $15,740,000 | $14,275,000 | -9.3% | 0.6% |
| Mortgage Research Center, LLC | $9,990,000 | $13,955,000 | 39.7% | 0.6% |
| Commerce Home Mortgage, Inc. | $13,330,000 | $13,860,000 | 4.0% | 0.6% |
| PNC Bank | $5,955,000 | $13,595,000 | 128.3% | 0.5% |
| S1L, Inc. | $14,020,000 | $13,270,000 | -5.3% | 0.5% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $9,425,000 | $13,135,000 | 39.4% | 0.5% |
| CALIBER HOME LOANS, INC. | $11,390,000 | $13,105,000 | 15.1% | 0.5% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $44,995,000 | $11,040,000 | -75.5% | 0.4% |
| Ally Bank | $4,510,000 | $10,490,000 | 132.6% | 0.4% |
| GUILD MORTGAGE COMPANY | $5,950,000 | $10,450,000 | 75.6% | 0.4% |
| MidFirst Bank | $15,185,000 | $9,865,000 | -35.0% | 0.4% |
| Goldman Sachs Bank USA | $2,995,000 | $9,270,000 | 209.5% | 0.4% |
| First Bank & Trust | $6,565,000 | $9,210,000 | 40.3% | 0.4% |
| City National Bank | $4,035,000 | $8,975,000 | 122.4% | 0.4% |
| GUADALUPE CREDIT UNION | $3,085,000 | $8,920,000 | 189.1% | 0.4% |
| 21ST MORTGAGE CORPORATION | $7,830,000 | $8,790,000 | 12.3% | 0.4% |
| The Federal Savings Bank | $9,885,000 | $8,410,000 | -14.9% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $2,470,000 | $8,325,000 | 237.0% | 0.3% |
| LAKEVIEW LOAN SERVICING, LLC | $6,280,000 | $8,285,000 | 31.9% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $4,510,000 | $8,100,000 | 79.6% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $13,735,000 | $8,080,000 | -41.2% | 0.3% |
| USAA Federal Savings Bank | $15,430,000 | $6,950,000 | -55.0% | 0.3% |
| Bank of the West | $4,275,000 | $6,930,000 | 62.1% | 0.3% |
| UNION HOME MORTGAGE CORP. | $3,340,000 | $6,790,000 | 103.3% | 0.3% |
| TIAA, FSB | $11,640,000 | $6,575,000 | -43.5% | 0.3% |
| Plains Commerce Bank | $2,890,000 | $6,425,000 | 122.3% | 0.3% |
| Century Mortgage Company DBA Century Lending Company | $6,370,000 | n/a | 0.3% | |
| SANDIA LABORATORY | $40,980,000 | $6,225,000 | -84.8% | 0.2% |
| CHERRY CREEK MORTGAGE, LLC | $1,115,000 | $5,825,000 | 422.4% | 0.2% |
| LOANPAL, LLC | $3,055,000 | $5,800,000 | 89.9% | 0.2% |
| CMG MORTGAGE, INC. | $9,385,000 | $5,750,000 | -38.7% | 0.2% |
| NBKC BANK | $7,075,000 | $5,700,000 | -19.4% | 0.2% |
| KELLER MORTGAGE, LLC | $11,945,000 | $5,640,000 | -52.8% | 0.2% |
| Stifel Bank and Trust | $5,390,000 | $5,230,000 | -3.0% | 0.2% |
| Fidelity Bank | $5,345,000 | $5,060,000 | -5.3% | 0.2% |
| First Republic Bank | $1,955,000 | $4,965,000 | 154.0% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $4,160,000 | $4,920,000 | 18.3% | 0.2% |
| FirstBank | $3,015,000 | $4,850,000 | 60.9% | 0.2% |
| SUN WEST MORTGAGE COMPANY, INC. | $4,780,000 | $4,730,000 | -1.0% | 0.2% |
| BBVA USA | $8,500,000 | $4,700,000 | -44.7% | 0.2% |
| Arvest Bank | $2,595,000 | $4,645,000 | 79.0% | 0.2% |
| MID AMERICA MORTGAGE, INC. | $4,360,000 | $4,600,000 | 5.5% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $3,620,000 | $4,590,000 | 26.8% | 0.2% |
| Wyndham Capital Mortgage, Inc. | $3,980,000 | $4,475,000 | 12.4% | 0.2% |
| Citibank | $6,155,000 | $4,315,000 | -29.9% | 0.2% |
| First Guaranty Mortgage Corporation | $4,230,000 | $4,270,000 | 0.9% | 0.2% |
| ACADEMY MORTGAGE CORPORATION | $635,000 | $4,220,000 | 564.6% | 0.2% |
| New Mexico Bank & Trust | $6,220,000 | $4,185,000 | -32.7% | 0.2% |
| BAY EQUITY LLC | $3,520,000 | $4,150,000 | 17.9% | 0.2% |
| First-Citizens Bank & Trust Company | $4,010,000 | n/a | 0.2% | |
| CIT Bank | $2,740,000 | $3,985,000 | 45.4% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $3,680,000 | $3,950,000 | 7.3% | 0.2% |
| AMERICAN INTERNET MORTGAGE, INC. | $1,145,000 | $3,895,000 | 240.2% | 0.2% |
| HOMETRUST MORTGAGE COMPANY | $1,260,000 | $3,830,000 | 204.0% | 0.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $3,415,000 | $3,810,000 | 11.6% | 0.2% |
| AMERICAN FINANCING CORPORATION | $2,300,000 | $3,795,000 | 65.0% | 0.2% |
| AMERICAN ADVISORS GROUP | $3,465,000 | $3,665,000 | 5.8% | 0.1% |
| Raymond James Bank | $2,820,000 | $3,585,000 | 27.1% | 0.1% |
| North American Savings Bank, F.S.B. | $355,000 | $3,500,000 | 885.9% | 0.1% |
| NEW DAY FINANCIAL, LLC | $5,070,000 | $3,490,000 | -31.2% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $2,560,000 | $3,475,000 | 35.7% | 0.1% |
| Northpointe Bank | $2,965,000 | $3,295,000 | 11.1% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $3,405,000 | $3,245,000 | -4.7% | 0.1% |
| BMO Harris Bank | $3,230,000 | n/a | 0.1% | |
| CLEARPATH LENDING | $5,980,000 | $3,145,000 | -47.4% | 0.1% |
| VILLAGE CAPITAL & INVESTMENT LLC | $1,530,000 | $3,130,000 | 104.6% | 0.1% |
| VAN DYK MORTGAGE CORPORATION | $2,105,000 | $3,030,000 | 43.9% | 0.1% |
| BNY Mellon | $655,000 | $2,970,000 | 353.4% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $4,800,000 | $2,945,000 | -38.6% | 0.1% |
| ZILLOW HOME LOANS, LLC | $1,230,000 | $2,925,000 | 137.8% | 0.1% |
| First Home Bank | $645,000 | $2,875,000 | 345.7% | 0.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $2,730,000 | $2,830,000 | 3.7% | 0.1% |
| SOVEREIGN LENDING GROUP INCORPORATED | $2,265,000 | $2,825,000 | 24.7% | 0.1% |
| LRS FINANCIAL NETWORK, INC. | $2,805,000 | n/a | 0.1% | |
| Kirtland Federal Credit Union | $4,155,000 | $2,800,000 | -32.6% | 0.1% |
| CELEBRITY HOME LOANS, LLC | $2,670,000 | n/a | 0.1% | |
| City Bank | $1,525,000 | $2,625,000 | 72.1% | 0.1% |
| Strong Home Mortgage, LLC | $2,155,000 | $2,615,000 | 21.3% | 0.1% |
| STEARNS LENDING, LLC | $2,805,000 | $2,525,000 | -10.0% | 0.1% |
| BNC National Bank | $1,190,000 | $2,520,000 | 111.8% | 0.1% |
| GREYSTONE SERVICING COMPANY LLC | $2,505,000 | n/a | 0.1% | |
| BEST CAPITAL FUNDING | $5,325,000 | $2,385,000 | -55.2% | 0.1% |
| Truist Bank | $3,105,000 | $2,295,000 | -26.1% | 0.1% |
| Colonial Savings, F.A. | $3,575,000 | $2,230,000 | -37.6% | 0.1% |
| NBH Bank | $320,000 | $2,210,000 | 590.6% | 0.1% |
| FINANCE OF AMERICA COMMERCIAL LLC | $1,390,000 | $2,195,000 | 57.9% | 0.1% |
| SANDIA AREA | $1,590,000 | $2,190,000 | 37.7% | 0.1% |
| ACCELERATE MORTGAGE, LLC | $675,000 | $2,185,000 | 223.7% | 0.1% |
| Independent Bank | $325,000 | $2,145,000 | 560.0% | 0.1% |
| EMBRACE HOME LOANS, INC. | $875,000 | $2,100,000 | 140.0% | 0.1% |
| REVERSE MORTGAGE FUNDING LLC | $1,235,000 | $2,065,000 | 67.2% | 0.1% |
| HOME POINT FINANCIAL CORPORATION | $2,935,000 | $2,050,000 | -30.2% | 0.1% |
| Carrington Mortgage Services, LLC | $2,285,000 | $2,025,000 | -11.4% | 0.1% |
| Hancock Whitney Bank | $1,280,000 | $1,995,000 | 55.9% | 0.1% |
| Citizens Bank | $1,165,000 | $1,990,000 | 70.8% | 0.1% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $455,000 | $1,965,000 | 331.9% | 0.1% |
| Midwest Community Bank | $2,175,000 | $1,945,000 | -10.6% | 0.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $1,780,000 | n/a | 0.1% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $710,000 | $1,650,000 | 132.4% | 0.1% |
| WaterStone Bank, SSB | $2,175,000 | $1,630,000 | -25.1% | 0.1% |
| Popular Bank | $1,625,000 | $1,615,000 | -0.6% | 0.1% |
| CHEVRON | $730,000 | $1,580,000 | 116.4% | 0.1% |
| Wallick & Volk, Inc. | $2,350,000 | $1,540,000 | -34.5% | 0.1% |
| Magnolia Bank | $825,000 | $1,520,000 | 84.2% | 0.1% |
| ADVANCIAL | $465,000 | $1,510,000 | 224.7% | 0.1% |
| United Bank | $1,505,000 | n/a | 0.1% | |
| Bank-Fund Staff Federal Credit Union | $1,460,000 | n/a | 0.1% | |
| Prime Choice Funding Inc. | $540,000 | $1,440,000 | 166.7% | 0.1% |
| LENDERFI, INC. | $915,000 | $1,420,000 | 55.2% | 0.1% |
| KS StateBank | $1,380,000 | $1,375,000 | -0.4% | 0.1% |
| MOUNTAIN AMERICA | $1,415,000 | $1,370,000 | -3.2% | 0.1% |
| U.S. EAGLE | $4,070,000 | $1,370,000 | -66.3% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $4,590,000 | $1,345,000 | -70.7% | 0.1% |
| Baxter Credit Union | $1,335,000 | n/a | 0.1% | |
| QUORUM FEDERAL CREDIT UNION | $635,000 | $1,320,000 | 107.9% | 0.1% |
| NETWORK CAPITAL FUNDING CORPORATION | $805,000 | $1,310,000 | 62.7% | 0.1% |
| STOCKTON MORTGAGE CORPORATION | $1,255,000 | n/a | 0.1% | |
| TOP FLITE FINANCIAL, INC. | $1,195,000 | $1,250,000 | 4.6% | 0.1% |
| Low VA Rates, LLC | $360,000 | $1,240,000 | 244.4% | 0.0% |
| AMCAP MORTGAGE, LTD. | $1,935,000 | $1,205,000 | -37.7% | 0.0% |
| IMPAC MORTGAGE CORP. | $300,000 | $1,205,000 | 301.7% | 0.0% |
| CANOPY MORTGAGE, LLC | $1,180,000 | n/a | 0.0% | |
| Happy State Bank | $1,180,000 | n/a | 0.0% | |
| HOMEXPRESS MORTGAGE CORP. | $1,160,000 | n/a | 0.0% | |
| InterContinental Capital Group, Inc | $1,125,000 | n/a | 0.0% | |
| 5TH STREET CAPITAL, INC. | $1,455,000 | $1,110,000 | -23.7% | 0.0% |
| OAKTREE FUNDING CORP. | $1,110,000 | n/a | 0.0% | |
| Chicago Mortgage Solutions LLC | $1,090,000 | n/a | 0.0% | |
| First State Bank of St. Charles, Missouri | $325,000 | $1,090,000 | 235.4% | 0.0% |
| PREMIER MEMBERS CREDIT UNION | $225,000 | $1,075,000 | 377.8% | 0.0% |
| Goldwater Bank, N.A. | $1,700,000 | $1,050,000 | -38.2% | 0.0% |
| Zions Bancorporation, N.A. | $2,860,000 | $1,050,000 | -63.3% | 0.0% |
| PLANET HOME LENDING, LLC | $2,030,000 | $1,035,000 | -49.0% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $305,000 | $1,025,000 | 236.1% | 0.0% |
| RIO GRANDE | $1,005,000 | n/a | 0.0% | |
| Texana Bank | $800,000 | $920,000 | 15.0% | 0.0% |
| American Airlines Federal Credit Union | $850,000 | $915,000 | 7.6% | 0.0% |
| IDB Global Federal Credit Union | $905,000 | n/a | 0.0% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $3,475,000 | $900,000 | -74.1% | 0.0% |
| PREMIA MORTGAGE, LLC | $900,000 | n/a | 0.0% | |
| ARC HOME LLC | $360,000 | $890,000 | 147.2% | 0.0% |
| SECURITYNATIONAL MORTGAGE COMPANY | $880,000 | n/a | 0.0% | |
| CHURCHILL MORTGAGE CORPORATION | $535,000 | $875,000 | 63.6% | 0.0% |
| HOMESTEAD FUNDING CORP. | $1,795,000 | $875,000 | -51.3% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $610,000 | $855,000 | 40.2% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $485,000 | $850,000 | 75.3% | 0.0% |
| Axos Bank | $1,275,000 | $845,000 | -33.7% | 0.0% |
| Amarillo National Bank | $635,000 | $840,000 | 32.3% | 0.0% |
| V.I.P. MORTGAGE, INC. | $395,000 | $835,000 | 111.4% | 0.0% |
| NTFN, INC. | $265,000 | $830,000 | 213.2% | 0.0% |
| Watermark Capital, Inc. | $1,745,000 | $815,000 | -53.3% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $2,090,000 | $790,000 | -62.2% | 0.0% |
| Loan Simple, Inc. | $710,000 | $790,000 | 11.3% | 0.0% |
| The Central Trust Bank | $780,000 | n/a | 0.0% | |
| First American Bank | $2,185,000 | $775,000 | -64.5% | 0.0% |
| Pinnacle Bank | $775,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $755,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $1,920,000 | $750,000 | -60.9% | 0.0% |
| Community First National Bank | $700,000 | $730,000 | 4.3% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $500,000 | $725,000 | 45.0% | 0.0% |
| First Horizon Bank | $715,000 | n/a | 0.0% | |
| First United Bank and Trust Company | $835,000 | $715,000 | -14.4% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $310,000 | $705,000 | 127.4% | 0.0% |
| Paramount Residential Mortgage Group, Inc. | $700,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $1,860,000 | $700,000 | -62.4% | 0.0% |
| JMAC LENDING, INC. | $670,000 | n/a | 0.0% | |
| Paramount Bank | $245,000 | $665,000 | 171.4% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $660,000 | n/a | 0.0% | |
| Veritex Community Bank | $645,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP. | $640,000 | n/a | 0.0% | |
| SIRVA MORTGAGE, INC. | $635,000 | n/a | 0.0% | |
| First Internet Bank of Indiana | $480,000 | $625,000 | 30.2% | 0.0% |
| EVERETT FINANCIAL, INC. | $740,000 | $620,000 | -16.2% | 0.0% |
| MORIA DEVELOPMENT, INC. | $760,000 | $615,000 | -19.1% | 0.0% |
| Farmers Bank & Trust | $610,000 | n/a | 0.0% | |
| RANLIFE, INC. | $1,345,000 | $610,000 | -54.6% | 0.0% |
| HOMESPIRE MORTGAGE CORPORATION | $605,000 | n/a | 0.0% | |
| First Federal Bank | $1,320,000 | $600,000 | -54.5% | 0.0% |
| Kish Bank | $595,000 | n/a | 0.0% | |
| Meridian Bank Corporation | $585,000 | n/a | 0.0% | |
| Chickasaw Community Bank | $315,000 | $570,000 | 81.0% | 0.0% |
| Discover Bank | $745,000 | $565,000 | -24.2% | 0.0% |
| Figure Lending LLC | $375,000 | $550,000 | 46.7% | 0.0% |
| Northwest Federal Credit Union | $770,000 | $550,000 | -28.6% | 0.0% |
| CERTAINTY HOME LOANS, LLC | $545,000 | n/a | 0.0% | |
| Great Plains National Bank | $545,000 | n/a | 0.0% | |
| INTERCAP LENDING INC. | $175,000 | $545,000 | 211.4% | 0.0% |
| LADERA LENDING, INC. | $545,000 | n/a | 0.0% | |
| Presidential Bank, FSB | $235,000 | $545,000 | 131.9% | 0.0% |
| First Savings Bank | $1,030,000 | $530,000 | -48.5% | 0.0% |
| Citizens Bank of Las Cruces | $525,000 | n/a | 0.0% | |
| First Commercial Bank | $525,000 | n/a | 0.0% | |
| TRUWEST Credit Union | $525,000 | n/a | 0.0% | |
| HighTechLending Inc | $515,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $505,000 | n/a | 0.0% | |
| First Western Trust Bank | $1,370,000 | $505,000 | -63.1% | 0.0% |
| ALLIANT CREDIT UNION | $130,000 | $500,000 | 284.6% | 0.0% |
| LAND HOME FINANCIAL SERVICES, INC. | $500,000 | n/a | 0.0% | |
| RBC Bank, (Georgia) | $1,105,000 | $500,000 | -54.8% | 0.0% |
| ASPIRE FINANCIAL, INC. | $495,000 | n/a | 0.0% | |
| Quail Creek Bank | $495,000 | n/a | 0.0% | |
| Bank of England | $1,395,000 | $490,000 | -64.9% | 0.0% |
| Abbott Laboratories Employees Credit Union | $485,000 | n/a | 0.0% | |
| First Federal Bank of Kansas City | $355,000 | $485,000 | 36.6% | 0.0% |
| Amerifirst Financial, Inc. | $460,000 | $480,000 | 4.3% | 0.0% |
| HOMESIDE FINANCIAL, LLC | $440,000 | n/a | 0.0% | |
| Sierra Pacific Mortgage Company, Inc. | $435,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $625,000 | $410,000 | -34.4% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $990,000 | $390,000 | -60.6% | 0.0% |
| Marquette Bank | $385,000 | n/a | 0.0% | |
| Southside Bank | $385,000 | n/a | 0.0% | |
| First National Bank of Omaha | $375,000 | n/a | 0.0% | |
| MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION | $640,000 | $375,000 | -41.4% | 0.0% |
| CENTENNIAL LENDING, LLC | $275,000 | $365,000 | 32.7% | 0.0% |
| Citizens National Bank of Greater St. Louis | $365,000 | $365,000 | 0.0% | 0.0% |
| Financial Funding Solutions, Inc. | $365,000 | n/a | 0.0% | |
| Simmons Bank | $365,000 | n/a | 0.0% | |
| N R L Federal Credit Union | $615,000 | $360,000 | -41.5% | 0.0% |
| Ixonia Bank | $355,000 | n/a | 0.0% | |
| DATA MORTGAGE, INC. | $345,000 | n/a | 0.0% | |
| WINGS FINANCIAL | $95,000 | $345,000 | 263.2% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $2,625,000 | $340,000 | -87.0% | 0.0% |
| AmRes Corporation | $335,000 | n/a | 0.0% | |
| Honor Credit Union | $335,000 | n/a | 0.0% | |
| Johnson Bank | $155,000 | $325,000 | 109.7% | 0.0% |
| American National Bank & Trust | $315,000 | n/a | 0.0% | |
| Inwood National Bank | $305,000 | n/a | 0.0% | |
| DIGITAL Federal Credit Union | $300,000 | n/a | 0.0% | |
| BM Real Estate Services, Inc. | $910,000 | $285,000 | -68.7% | 0.0% |
| CREDIT UNION MORTGAGE ASSOCIATION, INC. | $85,000 | $285,000 | 235.3% | 0.0% |
| DELMAR FINANCIAL COMPANY | $285,000 | n/a | 0.0% | |
| FLAT BRANCH MORTGAGE, INC. | $285,000 | n/a | 0.0% | |
| SOUTHWEST FUNDING, LP | $285,000 | n/a | 0.0% | |
| Blue Ridge Bank | $275,000 | n/a | 0.0% | |
| Oakstar Bank | $275,000 | n/a | 0.0% | |
| THRIVE MORTGAGE, LLC | $275,000 | n/a | 0.0% | |
| Marine Bank | $265,000 | n/a | 0.0% | |
| BKCO MORTGAGE, LLC | $115,000 | $245,000 | 113.0% | 0.0% |
| Merchants Bank of Indiana | $205,000 | $245,000 | 19.5% | 0.0% |
| Home Mortgage Alliance Corp | $235,000 | n/a | 0.0% | |
| Neighborhood Loans, Inc. | $235,000 | n/a | 0.0% | |
| Equity Bank | $225,000 | n/a | 0.0% | |
| MOVEMENT MORTGAGE, LLC | $225,000 | $225,000 | 0.0% | 0.0% |
| The Union Bank Company | $570,000 | $225,000 | -60.5% | 0.0% |
| Bank of Colorado | $1,280,000 | $215,000 | -83.2% | 0.0% |
| Florida Capital Bank | $215,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $810,000 | $210,000 | -74.1% | 0.0% |
| Emprise Bank | $205,000 | n/a | 0.0% | |
| Franklin Loan Corporation | $2,950,000 | $205,000 | -93.1% | 0.0% |
| Manufacturers and Traders Trust Company | $265,000 | $205,000 | -22.6% | 0.0% |
| GENEVA FINANCIAL, LLC | $580,000 | $195,000 | -66.4% | 0.0% |
| STANFORD Federal Credit Union | $75,000 | $195,000 | 160.0% | 0.0% |
| FIRST TECHNOLOGY | $1,010,000 | $185,000 | -81.7% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $185,000 | n/a | 0.0% | |
| First Merchants Bank | $175,000 | n/a | 0.0% | |
| The Huntington National Bank | $165,000 | n/a | 0.0% | |
| COUNTRYPLACE MORTGAGE, LTD. | $155,000 | $160,000 | 3.2% | 0.0% |
| CITIZENS EQUITY FIRST | $155,000 | n/a | 0.0% | |
| KINECTA | $155,000 | n/a | 0.0% | |
| STARBOARD FINANCIAL MANAGEMENT, LLC | $155,000 | n/a | 0.0% | |
| TCF National Bank | $1,680,000 | $115,000 | -93.2% | 0.0% |
| Transportation Federal Credit Union | $95,000 | n/a | 0.0% | |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $95,000 | n/a | 0.0% | |
| TOGETHER CREDIT UNION | $545,000 | $55,000 | -89.9% | 0.0% |
| UNITED | $435,000 | $35,000 | -92.0% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $115,000 | $15,000 | -87.0% | 0.0% |
SANTA FE's top lender by overall market share is QUICKEN LOANS, LLC, with 7.9% market share. In second place, with 5.3%, is Waterstone Mortgage Corporation, having originated $132,635,000 in loans. In third place, with 4.7%, is Gateway First Bank, having originated $116,885,000 in loans. In third place, with 4.2%, is LOANDEPOT.COM, LLC, having originated $105,060,000 in loans. In third place, with 3.6%, is Wells Fargo Bank, having originated $90,475,000 in loans.
SANTA FE, NM Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 2,647 | $881,405,000 | $332,983 |
| Home Purchase | 2,472 | $1,054,560,000 | $426,602 |
| Cash Out Refi | 1,537 | $473,425,000 | $308,019 |
| Other | 157 | $62,445,000 | $397,739 |
| Home Improvement | 147 | $24,995,000 | $170,034 |
Santa Fe's most frequently cited loan purpose was Refi, with 2,647 originations. The 2nd most popular reason was Home Purchase, with 2,472 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 2,827 | $1,008,345,000 | $356,684 |
| 3-4% | 2,377 | $923,585,000 | $388,551 |
| <2.5% | 1,169 | $418,865,000 | $358,311 |
| 4-5% | 209 | $51,295,000 | $245,431 |
| 5-6% | 89 | $13,225,000 | $148,596 |
| 6-7% | 42 | $5,560,000 | $132,381 |
| Over 8% | 27 | $3,845,000 | $142,407 |
| 7-8% | 24 | $2,870,000 | $119,583 |
During 2021, Santa Fe's most frequently originated rate bucket was 2.5-3%, with 2,827 originations.
Loan Sizing (SANTA FE, NM MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 3,522 | $1,020,670,000 | $289,798 |
| $100k-200k | 1,304 | $202,780,000 | $155,506 |
| $400k-600k | 1,214 | $585,820,000 | $482,554 |
| $100,000 or less | 373 | $21,775,000 | $58,378 |
| $600k-1000k | 362 | $276,420,000 | $763,591 |
| $Over $1MM | 185 | $389,365,000 | $2,104,676 |
SANTA FE's loan sizing saw the bucket of loans from $200k-400k with 3,522 originations, totaling $1,020,670,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 2,340 | $1,046,370,000 | $447,167 |
| 40-60% | 1,596 | $514,400,000 | $322,306 |
| 80-100% | 1,531 | $553,875,000 | $361,773 |
| 20-40% | 751 | $203,445,000 | $270,899 |
| Under 20% | 270 | $26,760,000 | $99,111 |
| Over 100% | 58 | $24,580,000 | $423,793 |
SANTA FE's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 2,340 originations, totaling $1,046,370,000 in origination value.
Market Conditions (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 | $575,000 (4.7%) | $883,618 (8.4%) | 2.12 | 716 |
| 2018-02-01 | $577,000 (7.9%) | $889,143 (9.7%) | 2.08 | 700 |
| 2018-03-01 | $575,000 (11.2%) | $906,331 (13.4%) | 1.99 | 675 |
| 2018-04-01 | $582,500 (7.9%) | $938,115 (15.7%) | 1.95 | 682 |
| 2018-05-01 | $587,500 (3.6%) | $933,018 (12.6%) | 1.96 | 734 |
| 2018-06-01 | $598,000 (5.8%) | $930,204 (11.9%) | 1.99 | 785 |
| 2018-07-01 | $599,000 (8.9%) | $930,072 (13.2%) | 2.00 | 844 |
| 2018-08-01 | $577,000 (2.8%) | $902,431 (9.1%) | 1.93 | 915 |
| 2018-09-01 | $569,000 (3.6%) | $902,705 (10.7%) | 1.90 | 898 |
| 2018-10-01 | $577,000 (4.9%) | $917,523 (11.4%) | 1.93 | 877 |
| 2018-11-01 | $579,500 (5.4%) | $922,391 (10.6%) | 1.94 | 830 |
| 2018-12-01 | $585,000 (0.0%) | $907,499 (1.5%) | 2.00 | 757 |
| 2019-01-01 | $599,000 (4.2%) | $925,077 (4.7%) | 2.07 | 643 |
| 2019-02-01 | $613,000 (6.2%) | $918,356 (3.3%) | 2.05 | 612 |
| 2019-03-01 | $584,857 (1.7%) | $902,294 (-0.5%) | 1.91 | 614 |
| 2019-04-01 | $561,357 (-3.6%) | $890,681 (-5.1%) | 1.77 | 641 |
| 2019-05-01 | $552,000 (-6.0%) | $862,678 (-7.5%) | 1.70 | 695 |
| 2019-06-01 | $549,000 (-8.2%) | $846,540 (-9.0%) | 1.69 | 799 |
| 2019-07-01 | $549,500 (-8.3%) | $858,803 (-7.7%) | 1.71 | 797 |
| 2019-08-01 | $583,514 (1.1%) | $886,191 (-1.8%) | 1.84 | 782 |
| 2019-09-01 | $591,064 (3.9%) | $897,289 (-0.6%) | 1.88 | 766 |
| 2019-10-01 | $595,000 (3.1%) | $878,592 (-4.2%) | 1.90 | 752 |
| 2019-11-01 | $599,000 (3.4%) | $922,899 (0.1%) | 1.93 | 663 |
| 2019-12-01 | $649,000 (10.9%) | $954,980 (5.2%) | 2.16 | 594 |
| 2020-01-01 | $647,500 (8.1%) | $979,875 (5.9%) | 2.16 | 515 |
| 2020-02-01 | $659,000 (7.5%) | $1,039,188 (13.2%) | 2.13 | 459 |
| 2020-03-01 | $654,000 (11.8%) | $1,018,719 (12.9%) | 2.04 | 457 |
| 2020-04-01 | $599,000 (6.7%) | $976,052 (9.6%) | 1.87 | 501 |
| 2020-05-01 | $649,500 (17.7%) | $1,001,218 (16.1%) | 1.97 | 505 |
| 2020-06-01 | $650,000 (18.4%) | $1,004,852 (18.7%) | 1.90 | 534 |
| 2020-07-01 | $668,500 (21.7%) | $1,053,710 (22.7%) | 1.92 | 537 |
| 2020-08-01 | $665,000 (14.0%) | $1,081,678 (22.1%) | 1.90 | 538 |
| 2020-09-01 | $735,000 (24.4%) | $1,251,572 (39.5%) | 2.10 | 496 |
| 2020-10-01 | $739,500 (24.3%) | $1,268,146 (44.3%) | 2.11 | 473 |
| 2020-11-01 | $700,000 (16.9%) | $1,260,656 (36.6%) | 2.00 | 444 |
| 2020-12-01 | $693,500 (6.9%) | $1,247,653 (30.7%) | 2.03 | 401 |
| 2021-01-01 | $675,000 (4.3%) | $1,266,973 (29.3%) | 1.99 | 340 |
| 2021-02-01 | $649,950 (-1.4%) | $1,303,722 (25.5%) | 1.87 | 296 |
| 2021-03-01 | $664,500 (1.6%) | $1,397,613 (37.2%) | 1.86 | 265 |
| 2021-04-01 | $750,000 (25.2%) | $1,393,561 (42.8%) | 2.02 | 258 |
| 2021-05-01 | $665,000 (2.4%) | $1,336,065 (33.4%) | 1.75 | 277 |
| 2021-06-01 | $685,000 (5.4%) | $1,273,848 (26.8%) | 1.78 | 290 |
| 2021-07-01 | $694,000 (3.8%) | $1,283,174 (21.8%) | 1.80 | 343 |
| 2021-08-01 | $697,500 (4.9%) | $1,309,752 (21.1%) | 1.83 | 369 |
| 2021-09-01 | $697,500 (-5.1%) | $1,344,578 (7.4%) | 1.84 | 353 |
| 2021-10-01 | $700,000 (-5.3%) | $1,424,668 (12.3%) | 1.84 | 301 |
| 2021-11-01 | $749,500 (7.1%) | $1,521,688 (20.7%) | 1.98 | 242 |
| 2021-12-01 | $722,500 (4.2%) | $1,528,017 (22.5%) | 1.93 | 219 |
| 2022-01-01 | $740,000 (9.6%) | $1,617,969 (27.7%) | 1.97 | 187 |
| 2022-02-01 | $967,500 (48.9%) | $1,820,375 (39.6%) | 2.47 | 145 |
| 2022-03-01 | $879,000 (32.3%) | $1,779,352 (27.3%) | 2.17 | 166 |
| 2022-04-01 | $820,000 (9.3%) | $1,702,045 (22.1%) | 1.93 | 166 |
SANTA FE's median listing price for 2022-04-01 was $820,000, a difference of
$70,000
(9.3%) versus the prior year and
$-59,000 versus the prior month.
SANTA FE's median listing price comes in at 193% of the national average.
SANTA FE's average listing price for 2022-04-01 was $1,702,045, a difference of $308,484 (22.1%) versus the prior year and $-77,307 versus the prior month.
For the 2022-04-01 period, SANTA FE had 166 MLS listings, a difference of 0 listings (0%) versus the prior month and -92 listings (-36%) versus the prior year.
SANTA FE's median listing price comes in at 193% of the national average.
SANTA FE's average listing price for 2022-04-01 was $1,702,045, a difference of $308,484 (22.1%) versus the prior year and $-77,307 versus the prior month.
For the 2022-04-01 period, SANTA FE had 166 MLS listings, a difference of 0 listings (0%) versus the prior month and -92 listings (-36%) 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 | 149 days | 2,547 sqft |
| 2018-02-01 | 139 days | 2,572 sqft |
| 2018-03-01 | 122 days | 2,635 sqft |
| 2018-04-01 | 83 days | 2,623 sqft |
| 2018-05-01 | 68 days | 2,595 sqft |
| 2018-06-01 | 65 days | 2,572 sqft |
| 2018-07-01 | 65 days | 2,594 sqft |
| 2018-08-01 | 70 days | 2,560 sqft |
| 2018-09-01 | 82 days | 2,537 sqft |
| 2018-10-01 | 91 days | 2,572 sqft |
| 2018-11-01 | 102 days | 2,603 sqft |
| 2018-12-01 | 116 days | 2,577 sqft |
| 2019-01-01 | 122 days | 2,601 sqft |
| 2019-02-01 | 122 days | 2,575 sqft |
| 2019-03-01 | 113 days | 2,517 sqft |
| 2019-04-01 | 79 days | 2,499 sqft |
| 2019-05-01 | 66 days | 2,361 sqft |
| 2019-06-01 | 61 days | 2,384 sqft |
| 2019-07-01 | 65 days | 2,392 sqft |
| 2019-08-01 | 77 days | 2,489 sqft |
| 2019-09-01 | 88 days | 2,525 sqft |
| 2019-10-01 | 85 days | 2,547 sqft |
| 2019-11-01 | 92 days | 2,534 sqft |
| 2019-12-01 | 108 days | 2,600 sqft |
| 2020-01-01 | 125 days | 2,650 sqft |
| 2020-02-01 | 121 days | 2,746 sqft |
| 2020-03-01 | 101 days | 2,637 sqft |
| 2020-04-01 | 79 days | 2,507 sqft |
| 2020-05-01 | 84 days | 2,600 sqft |
| 2020-06-01 | 78 days | 2,580 sqft |
| 2020-07-01 | 60 days | 2,588 sqft |
| 2020-08-01 | 63 days | 2,590 sqft |
| 2020-09-01 | 67 days | 2,667 sqft |
| 2020-10-01 | 67 days | 2,677 sqft |
| 2020-11-01 | 78 days | 2,672 sqft |
| 2020-12-01 | 88 days | 2,618 sqft |
| 2021-01-01 | 103 days | 2,616 sqft |
| 2021-02-01 | 105 days | 2,615 sqft |
| 2021-03-01 | 73 days | 2,608 sqft |
| 2021-04-01 | 54 days | 2,603 sqft |
| 2021-05-01 | 46 days | 2,600 sqft |
| 2021-06-01 | 48 days | 2,499 sqft |
| 2021-07-01 | 42 days | 2,495 sqft |
| 2021-08-01 | 45 days | 2,498 sqft |
| 2021-09-01 | 50 days | 2,519 sqft |
| 2021-10-01 | 60 days | 2,655 sqft |
| 2021-11-01 | 70 days | 2,667 sqft |
| 2021-12-01 | 64 days | 2,781 sqft |
| 2022-01-01 | 76 days | 2,785 sqft |
| 2022-02-01 | 80 days | 2,798 sqft |
| 2022-03-01 | 47 days | 2,802 sqft |
| 2022-04-01 | 42 days | 2,705 sqft |
SANTA FE's median listing age (time on market) for 2022-04-01 was 42 days.
This
is -21%
shorter
than the same period one year ago.
SANTA FE's median square footage for active listings during the 2022-04-01 period was 2,705 sqft. One year prior, the average listing was 2,603 sqft.
SANTA FE's median square footage for active listings during the 2022-04-01 period was 2,705 sqft. One year prior, the average listing was 2,603 sqft.
