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 6.66% for the week of 2024-02-29, compared to the national average of 6.94% for the same period.

The average rate for the prior week (2024-02-22) was 6.82% and one month ago for the week of 2024-01-25, the average rate was 6.31%.

Santa Fe's average rate one year ago was 6.25%.

For refis of the same type during the week of 2024-02-29, the average rate was 5.88%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-02-29 6.94%
Santa Fe 30 Year Fixed Rate 2024-02-29 6.66%
Santa Fe 30 Year Fixed Rate Refi 2024-02-29 5.88%
Santa Fe 15 Year Fixed Rate 2024-02-29 6.36%
Santa Fe 15 Year Fixed Rate Refi 2024-02-29 4.69%
Santa Fe 30 Year FHA 2024-02-29 6.19%
Santa Fe 30 Year FHA Refi 2024-02-29 6.89%
Santa Fe 30 Year USDA 2024-02-29 6.83%
Santa Fe 30 Year USDA Refi 2024-02-29 6.53%
Santa Fe 30 Year VA 2024-02-29 6.17%
Santa Fe 30 Year VA Refi 2024-02-29 6.32%
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 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
Waterstone Mortgage Corporation 160 5.11% $7,139
QUICKEN LOANS, LLC 128 4.61% $9,032
UNITED WHOLESALE MORTGAGE, LLC 95 4.98% $6,951
Sunflower Bank 91 4.42% $5,440
BOKF 74 5.04% $5,368
Gateway First Bank 62 5.16% $5,309
Wells Fargo Bank 55 4.40% $5,810
LOANDEPOT.COM, LLC 54 4.34% $7,691
LEGACY MORTGAGE LLC 52 5.26% $10,704
Nations Lending Corporation 50 5.09% $6,240
Bank of America 50 3.86% $6,312
JPMorgan Chase Bank 47 4.26% $6,283
Bell Bank 45 4.97% $4,399
Del Norte Credit Union 43 4.60% $4,782
GUADALUPE CREDIT UNION 42 6.02% $6,261
PLAZA HOME MORTGAGE, INC. 35 4.75% $5,342
Enterprise Bank & Trust 32 4.66% $4,570
CARDINAL FINANCIAL 32 4.80% $11,927
UNION HOME MORTGAGE CORP. 30 5.38% $5,987
U.S. Bank 29 4.20% $7,957
Morgan Stanley Private Bank 28 3.69% $6,399
Mr. Cooper ( Nationstar Mortgage ) 27 4.53% $9,943
NUSENDA 27 4.63% $4,993
PULTE MORTGAGE LLC 27 5.26% $2,587
GUARANTEED RATE, INC. 25 4.80% $6,792
Charles Schwab Bank, SSB 21 3.31% $8,138
FINANCE OF AMERICA MORTGAGE LLC 19 5.05% $9,501
AMERISAVE MORTGAGE CORPORATION 18 3.93% $6,797
UBS Bank USA 18 4.21% $5,949
DELMAR FINANCIAL COMPANY 16 4.59% $6,242
GUILD MORTGAGE COMPANY 16 5.15% $7,801
BETTER MORTGAGE CORPORATION 15 3.41% $4,420
PRIMARY RESIDENTIAL MORTGAGE, INC. 14 5.24% $7,587
MidFirst Bank 13 4.77% $12,765
PENNYMAC LOAN SERVICES, LLC 13 3.99% $11,229
Flagstar Bank, FSB 13 4.96% $7,969
21ST MORTGAGE CORPORATION 12 6.38% $6,941
Washington Federal Bank 11 4.18% $7,727
Citibank 11 3.91% $8,091
SANDIA LABORATORY 10 4.14% $2,926
NAVY FEDERAL CREDIT UNION 10 4.24% $4,104
ANGEL OAK MORTGAGE SOLUTIONS LLC 9 5.56% $15,956
Commerce Home Mortgage, Inc. 9 4.72% $6,241
PNC Bank 9 3.61% $6,948
KeyBank 9 5.13% $6,648
FREEDOM MORTGAGE CORPORATION 9 4.19% $8,317
Plains Commerce Bank 9 5.25% $4,318
CMG MORTGAGE, INC. 7 4.89% $7,273
HOME POINT FINANCIAL CORPORATION 7 4.05% $5,366
STATE EMPLOYEES 6 5.67% $3,214
City National Bank 6 3.13% $6,824
CALCON MUTUAL MORTGAGE LLC 6 5.60% $6,502
Stifel Bank and Trust 6 3.50% $2,962
Zions Bank 6 3.08% $6,768
LOANPAL, LLC 6 4.16% $9,350
Arvest Bank 6 4.10% $6,042
CALIBER HOME LOANS, INC. 5 5.67% $4,547
ZILLOW HOME LOANS, LLC 5 4.08% $5,617
Strong Home Mortgage, LLC 5 4.12% $4,715
CHERRY CREEK MORTGAGE, LLC 5 4.75% $932
First Republic Bank 5 3.53% $6,294
ARK-LA-TEX FINANCIAL SERVICES, LLC. 5 4.85% $8,418
PRIMELENDING, A PLAINSCAPITAL COMPANY 4 5.25% $11,553
Amerifirst Financial, Inc. 4 5.25% $4,243
Wyndham Capital Mortgage, Inc. 4 5.06% $7,143
NEWREZ LLC 4 4.63% $6,530
Century Mortgage Company DBA Century Lending Company 4 4.38% $4,030
Truist 4 4.16% $4,273
Chicago Mortgage Solutions LLC 4 3.09% $5,055
Raymond James Bank 4 3.53% $4,555
BAY EQUITY LLC 4 4.78% $4,852
KELLER MORTGAGE, LLC 4 4.16% $4,534
First Bank & Trust 4 4.25% $5,685
BROKER SOLUTIONS, INC. 3 3.83% $4,737
BNY Mellon 3 2.92% $7,152
NBKC BANK 3 4.33% $3,399
CORNERSTONE HOME LENDING, INC. 3 4.91% $8,697
BMO Harris Bank 3 3.29% $9,867
Ally Bank 3 4.00% $13,010
Loan Simple, Inc. 3 5.54% $8,220
LAKEVIEW LOAN SERVICING, LLC 3 4.04% $2,676
CROSSCOUNTRY MORTGAGE, LLC 3 4.04% $7,240
The Huntington National Bank 3 4.75% $6,287
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 3.75% $6,880
Citizens Bank 3 5.04% $8,040
AMERICA FIRST 3 5.54% $6,548
AMERICAN FINANCING CORPORATION 3 4.83% $8,100
City Bank 3 5.46% $8,356
PENTAGON FEDERAL CREDIT UNION 3 4.33% $4,619
ACADEMY MORTGAGE CORPORATION 3 5.67% $9,462
NETWORK CAPITAL FUNDING CORPORATION 2 5.06% $7,396
CHEVRON 2 4.00% $9,024
CHURCHILL MORTGAGE CORPORATION 2 6.19% $6,217
Carrington Mortgage Services, LLC 2 5.38% $12,502
EASTMAN 2 4.38% $6,626
EVERETT FINANCIAL, INC. 2 5.31% $3,274
FBC MORTGAGE, LLC 2 5.38% $12,576
First American Bank 2 4.31% $6,065
First-Citizens Bank & Trust Company 2 3.49% $7,173
First Guaranty Mortgage Corporation 2 3.38% $8,991
First Horizon Bank 2 4.63% $4,825
First Internet Bank of Indiana 2 2.94% $4,253
First National Bank of America 2 8.38% $7,560
First State Bank of St. Charles, Missouri 2 3.63% $4,008
Goldman Sachs Bank USA 2 3.13% $7,758
BNC National Bank 2 5.56% $5,662
HOMEBRIDGE FINANCIAL SERVICES, INC. 2 4.69% $13,653
Bank of the West 2 3.38% $24,478
Bank of England 2 5.19% $11,248
MICHIGAN MUTUAL, INC. 2 5.94% $13,250
MID AMERICA MORTGAGE, INC. 2 6.31% $14,923
Axos Bank 2 5.06% $13,674
Mortgage Research Center, LLC 2 4.43% $5,079
MOVEMENT MORTGAGE, LLC 2 5.47% $8,014
MUTUAL OF OMAHA MORTGAGE, INC. 2 5.94% $16,993
NexBank 2 5.56% $6,029
PHH Mortgage Corporation 2 4.69% $6,076
AMERICAN PACIFIC MORTGAGE CORPORATION 2 4.81% $9,050
S1L, Inc. 2 3.94% $5,322
Silicon Valley Bank 2 3.00% $5,577
AMCAP MORTGAGE, LTD. 2 4.18% $7,340
The Federal Savings Bank 2 3.19% $27,168
HOMESTEAD FUNDING CORP. 1 2.88% $5,865
M&T Bank 1 5.00% $8,194
VAN DYK MORTGAGE CORPORATION 1 5.75% $11,246
HOMESIDE FINANCIAL, LLC 1 4.38% $17,158
NATIONS RELIABLE LENDING, LLC 1 5.88% $3,931
NATIONWIDE MORTGAGE BANKERS, INC. 1 3.75% $7,198
HOME FUNDING CORPORATION 1 4.00% $10,523
NBH Bank 1 3.62% $5,979
GUARANTEED RATE AFFINITY, LLC 1 3.63% $3,401
Neighborhood Loans, Inc. 1 3.75% $8,013
GENEVA FINANCIAL, LLC 1 4.13% $4,433
First United Bank and Trust Company 1 6.63% $3,728
Veritex Community Bank 1 4.00% $8,233
Nicolet National Bank 1 3.25% $3,645
Northpointe Bank 1 3.88% $4,122
First United Bank 1 4.88% $5,958
NuVision Federal Credit Union 1 4.88% $6,622
OCMBC, INC. 1 3.13% $7,430
Paramount Residential Mortgage Group, Inc. 1 6.99% $22,072
AmeriHome Mortgage Company, LLC 1 3.99% $7,517
First Savings Bank 1 3.25% $11,279
Comerica Bank 1 4.00% $11,469
First Financial Credit Union 1 3.38% $10,881
First Financial Bank 1 6.50% $12,999
FIRST COMMUNITY MORTGAGE, INC. 1 3.50% $4,024
Academy Bank 1 3.00% $4,468
Prime Choice Funding Inc. 1 4.49% $8,747
FirstBank 1 3.99% $7,870
Firefighters First Federal Credit Union 1 3.75% $0
FineMark National Bank & Trust 1 4.88% $4,200
RANLIFE, INC. 1 4.75% $13,445
Figure Lending LLC 1 3.38% $4,062
RESIDENTIAL BANCORP 1 2.99% $6,379
5TH STREET CAPITAL, INC. 1 5.99% $18,059
SANDIA AREA 1 5.88% $10,021
Fidelity Bank 1 5.88% $3,406
SECURITY SERVICE 1 2.63% $11,507
Servion, Inc. 1 5.50% $3,517
Colonial Savings, F.A. 1 6.88% $3,635
Farmers Bank & Trust Company 1 3.38% $4,866
EUSTIS AND AMERICAN MORTGAGE COMPANY 1 2.88% $8,728
STOCKTON MORTGAGE CORPORATION 1 3.75% $8,691
CANOPY MORTGAGE, LLC 1 7.63% $17,316
SUN AMERICAN MORTGAGE COMPANY 1 4.50% $3,259
City National Bank of Florida 1 4.25% $11,978
SUN WEST MORTGAGE COMPANY, INC. 1 4.88% $9,523
The Central Trust Bank 1 4.49% $14,263
Chickasaw Community Bank 1 3.38% $8,664
Discover Bank 1 3.49% $0
DHI MORTGAGE COMPANY, LTD. 1 3.88% $22,887
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 4.75% $4,458
AIR ACADEMY 1 3.10% $6,686
Kirtland Federal Credit Union 1 2.88% $4,512
LEADERONE FINANCIAL CORPORATION 1 3.88% $6,213
UNION SQUARE 1 2.88% $6,928
LEGEND LENDING CORPORATION 1 5.88% $12,859
United Community Bank 1 3.25% $18,302
JMAC LENDING, INC. 1 8.25% $12,616
IDB Global Federal Credit Union 1 2.25% $4,714
United Nations Federal Credit Union 1 4.00% $19,384
Affiliated Bank 1 4.88% $13,635
Bank of Colorado 1 4.65% $2,837
USAA Federal Savings Bank 1 7.38% $6,738
Commerce Bank 1 3.75% $4,192
MORTGAGE SOLUTIONS OF COLORADO, LLC 1 3.88% $5,822
MOUNTAIN AMERICA 1 2.88% $9,114
Valley National Bank 1 6.75% $3,736

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%) $868,831 (7.6%) 2.09 722
2018-02-01 $571,500 (8.6%) $879,568 (9.6%) 2.07 698
2018-03-01 $560,000 (12.0%) $885,150 (12.2%) 1.96 679
2018-04-01 $575,000 (8.6%) $912,961 (14.0%) 1.95 680
2018-05-01 $577,000 (4.0%) $914,318 (11.8%) 1.93 726
2018-06-01 $595,000 (6.5%) $916,069 (11.0%) 1.98 776
2018-07-01 $598,000 (8.7%) $920,277 (12.7%) 2.00 833
2018-08-01 $574,250 (3.9%) $894,762 (8.8%) 1.92 902
2018-09-01 $568,500 (3.6%) $895,327 (10.2%) 1.91 884
2018-10-01 $575,750 (4.8%) $910,532 (11.6%) 1.95 869
2018-11-01 $575,000 (4.7%) $913,624 (10.8%) 1.95 828
2018-12-01 $575,000 (0.0%) $896,224 (2.2%) 1.98 761
2019-01-01 $591,750 (4.7%) $908,944 (4.6%) 2.04 659
2019-02-01 $599,250 (4.9%) $901,236 (2.5%) 2.02 627
2019-03-01 $576,529 (3.0%) $971,511 (9.8%) 1.89 626
2019-04-01 $552,479 (-3.9%) $964,196 (5.6%) 1.75 649
2019-05-01 $549,325 (-4.8%) $856,677 (-6.3%) 1.72 699
2019-06-01 $549,000 (-7.7%) $843,088 (-8.0%) 1.72 799
2019-07-01 $549,500 (-8.1%) $851,270 (-7.5%) 1.72 805
2019-08-01 $571,455 (-0.5%) $861,793 (-3.7%) 1.81 793
2019-09-01 $581,886 (2.4%) $863,087 (-3.6%) 1.86 775
2019-10-01 $589,000 (2.3%) $863,645 (-5.2%) 1.90 747
2019-11-01 $595,000 (3.5%) $890,405 (-2.5%) 1.95 662
2019-12-01 $620,000 (7.8%) $913,078 (1.9%) 2.07 600
2020-01-01 $623,725 (5.4%) $940,013 (3.4%) 2.08 517
2020-02-01 $625,000 (4.3%) $973,932 (8.1%) 2.05 464
2020-03-01 $616,750 (7.0%) $960,567 (-1.1%) 1.93 462
2020-04-01 $577,379 (4.5%) $921,505 (-4.4%) 1.81 511
2020-05-01 $598,500 (9.0%) $945,711 (10.4%) 1.82 518
2020-06-01 $622,000 (13.3%) $942,125 (11.8%) 1.83 544
2020-07-01 $637,000 (15.9%) $1,003,541 (17.9%) 1.85 555
2020-08-01 $639,000 (11.8%) $1,003,776 (16.5%) 1.83 554
2020-09-01 $675,000 (16.0%) $1,112,602 (28.9%) 1.93 508
2020-10-01 $677,000 (14.9%) $1,145,065 (32.6%) 1.94 479
2020-11-01 $656,750 (10.4%) $1,202,295 (35.0%) 1.92 437
2020-12-01 $659,225 (6.3%) $1,189,302 (30.3%) 1.96 401
2021-01-01 $645,000 (3.4%) $1,209,812 (28.7%) 1.93 339
2021-02-01 $612,000 (-2.1%) $1,236,697 (27.0%) 1.78 302
2021-03-01 $636,500 (3.2%) $1,332,028 (38.7%) 1.81 264
2021-04-01 $685,750 (18.8%) $1,381,954 (50.0%) 1.86 260
2021-05-01 $692,000 (15.6%) $1,326,373 (40.3%) 1.84 276
2021-06-01 $689,000 (10.8%) $1,279,045 (35.8%) 1.81 286
2021-07-01 $675,000 (6.0%) $1,276,725 (27.2%) 1.78 347
2021-08-01 $689,000 (7.8%) $1,274,457 (27.0%) 1.84 372
2021-09-01 $695,500 (3.0%) $1,322,506 (18.9%) 1.85 353
2021-10-01 $691,000 (2.1%) $1,368,468 (19.5%) 1.84 316
2021-11-01 $706,225 (7.5%) $1,499,424 (24.7%) 1.89 247
2021-12-01 $695,000 (5.4%) $1,514,168 (27.3%) 1.88 221
2022-01-01 $719,900 (11.6%) $1,604,392 (32.6%) 1.95 187
2022-02-01 $872,998 (42.7%) $1,751,586 (41.6%) 2.27 155
2022-03-01 $841,000 (32.1%) $1,745,104 (31.0%) 2.11 171
2022-04-01 $797,450 (16.3%) $1,670,391 (20.9%) 1.90 175
2022-05-01 $786,750 (13.7%) $1,529,732 (15.3%) 1.80 239
2022-06-01 $797,550 (15.8%) $1,460,637 (14.2%) 1.78 297
2022-07-01 $782,000 (15.9%) $1,408,114 (10.3%) 1.76 371
2022-08-01 $849,500 (23.3%) $1,491,494 (17.0%) 1.96 372
2022-09-01 $847,500 (21.9%) $1,459,176 (10.3%) 1.98 383
2022-10-01 $775,000 (12.2%) $1,421,887 (3.9%) 1.82 414
2022-11-01 $738,500 (4.6%) $1,394,531 (-7.0%) 1.78 428
2022-12-01 $767,615 (10.5%) $1,444,784 (-4.6%) 1.90 406
2023-01-01 $747,500 (3.8%) $1,437,995 (-10.4%) 1.85 356
2023-02-01 $739,975 (-15.2%) $1,450,682 (-17.2%) 1.79 342
2023-03-01 $756,500 (-10.1%) $1,507,545 (-13.6%) 1.78 323
2023-04-01 $779,750 (-2.2%) $1,500,215 (-10.2%) 1.81 330
2023-05-01 $907,000 (15.3%) $1,557,970 (1.9%) 2.06 346
2023-06-01 $985,000 (23.5%) $1,609,358 (10.2%) 2.21 363
2023-07-01 $969,950 (24.0%) $1,562,229 (10.9%) 2.20 408
2023-08-01 $886,000 (4.3%) $1,462,082 (-2.0%) 2.03 438
2023-09-01 $895,000 (5.6%) $1,435,884 (-1.6%) 2.08 469
2023-10-01 $850,000 (9.7%) $1,400,568 (-1.5%) 2.00 492
2023-11-01 $830,000 (12.4%) $1,393,275 (-0.1%) 1.98 505
2023-12-01 $822,500 (7.2%) $1,368,357 (-5.3%) 2.01 457
2024-01-01 $814,800 (9.0%) $1,345,703 (-6.4%) 1.99 394
SANTA FE's median listing price for 2024-01-01 was $814,800, a difference of $67,300 (9.0%) versus the prior year and $-7,700 versus the prior month.

SANTA FE's median listing price comes in at 199% of the national average.

SANTA FE's average listing price for 2024-01-01 was $1,345,703, a difference of $-92,292 (-6.4%) versus the prior year and $-22,654 versus the prior month.

For the 2024-01-01 period, SANTA FE had 394 MLS listings, a difference of -63 listings (-14%) versus the prior month and 38 listings (11%) 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
2018-01-01 127 days 2,544 sqft
2018-02-01 116 days 2,562 sqft
2018-03-01 91 days 2,600 sqft
2018-04-01 67 days 2,600 sqft
2018-05-01 58 days 2,567 sqft
2018-06-01 57 days 2,560 sqft
2018-07-01 58 days 2,571 sqft
2018-08-01 62 days 2,550 sqft
2018-09-01 72 days 2,524 sqft
2018-10-01 81 days 2,539 sqft
2018-11-01 90 days 2,591 sqft
2018-12-01 99 days 2,550 sqft
2019-01-01 113 days 2,570 sqft
2019-02-01 109 days 2,541 sqft
2019-03-01 88 days 2,484 sqft
2019-04-01 72 days 2,465 sqft
2019-05-01 55 days 2,348 sqft
2019-06-01 56 days 2,350 sqft
2019-07-01 59 days 2,383 sqft
2019-08-01 67 days 2,452 sqft
2019-09-01 74 days 2,474 sqft
2019-10-01 78 days 2,496 sqft
2019-11-01 89 days 2,500 sqft
2019-12-01 100 days 2,551 sqft
2020-01-01 115 days 2,597 sqft
2020-02-01 113 days 2,605 sqft
2020-03-01 82 days 2,515 sqft
2020-04-01 72 days 2,368 sqft
2020-05-01 79 days 2,467 sqft
2020-06-01 75 days 2,497 sqft
2020-07-01 58 days 2,472 sqft
2020-08-01 61 days 2,498 sqft
2020-09-01 68 days 2,510 sqft
2020-10-01 72 days 2,556 sqft
2020-11-01 80 days 2,563 sqft
2020-12-01 90 days 2,469 sqft
2021-01-01 99 days 2,513 sqft
2021-02-01 105 days 2,340 sqft
2021-03-01 69 days 2,441 sqft
2021-04-01 44 days 2,566 sqft
2021-05-01 42 days 2,501 sqft
2021-06-01 46 days 2,499 sqft
2021-07-01 39 days 2,495 sqft
2021-08-01 46 days 2,495 sqft
2021-09-01 58 days 2,496 sqft
2021-10-01 65 days 2,560 sqft
2021-11-01 91 days 2,614 sqft
2021-12-01 90 days 2,687 sqft
2022-01-01 88 days 2,738 sqft
2022-02-01 99 days 2,813 sqft
2022-03-01 44 days 2,754 sqft
2022-04-01 39 days 2,688 sqft
2022-05-01 35 days 2,549 sqft
2022-06-01 34 days 2,481 sqft
2022-07-01 33 days 2,339 sqft
2022-08-01 50 days 2,460 sqft
2022-09-01 53 days 2,495 sqft
2022-10-01 56 days 2,388 sqft
2022-11-01 64 days 2,283 sqft
2022-12-01 73 days 2,380 sqft
2023-01-01 84 days 2,355 sqft
2023-02-01 82 days 2,328 sqft
2023-03-01 71 days 2,353 sqft
2023-04-01 67 days 2,337 sqft
2023-05-01 56 days 2,435 sqft
2023-06-01 55 days 2,564 sqft
2023-07-01 47 days 2,541 sqft
2023-08-01 54 days 2,428 sqft
2023-09-01 59 days 2,478 sqft
2023-10-01 61 days 2,399 sqft
2023-11-01 68 days 2,347 sqft
2023-12-01 73 days 2,295 sqft
2024-01-01 89 days 2,167 sqft
SANTA FE's median listing age (time on market) for 2024-01-01 was 89 days. This is 6% longer than the same period one year ago.

SANTA FE's median square footage for active listings during the 2024-01-01 period was 2,167 sqft. One year prior, the average listing was 2,355 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.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
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.