Sandia Area mortgage approval rate & lending review
Sandia Area decided 1,100 mortgage applications and funded 814 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Sandia Area reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Sandia Area at a glance
Approval is 6.0 points above the 69.5% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 76% | 89 / 117 | 92% | $285K | 82 |
| Home improvement loans | 75% | 418 / 558 | 99% | $55K | 413 |
| Cash-out refinance | 66% | 23 / 35 | 96% | $185K | 22 |
| Refinance | 81% | 251 / 308 | 100% | $75K | 250 |
| Investment home improvement | 47% | 22 / 47 | 100% | $45K | 22 |
Sandia Area lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New Mexico | 76% | $55K | 1,089 | 808 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Sandia Area lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Bernalillo County, NM | Home improvement loans | 75% | 373 | 275 |
| Bernalillo County, NM | Refinance | 84% | 190 | 160 |
| Sandoval County, NM | Home improvement loans | 77% | 116 | 89 |
| Sandoval County, NM | Refinance | 77% | 88 | 67 |
| Bernalillo County, NM | Mortgage lenders | 78% | 76 | 52 |
| Santa Fe County, NM | Home improvement loans | 77% | 53 | 41 |
| Santa Fe County, NM | Refinance | 77% | 26 | 20 |
| Bernalillo County, NM | Investment home improvement | 61% | 31 | 19 |
| Sandoval County, NM | Mortgage lenders | 73% | 26 | 19 |
| Bernalillo County, NM | Cash-out refinance | 65% | 23 | 15 |
The county markets where Sandia Area made the most loans. Each link opens that market with every lender ranked.
Questions about Sandia Area
What is Sandia Area's mortgage approval rate?
Sandia Area approved 75.5% of the 1,100 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 6.0 points above the 69.5% national rate for the same mix of loan types.
How often do borrowers take the loan Sandia Area offers?
Borrowers accepted 98% of the loans Sandia Area approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Sandia Area make?
The typical home improvement loan loan Sandia Area made was $55K; across all loan types its typical loan ran from $45K to $285K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Sandia Area lend?
Sandia Area decided applications in 9 of the states Fat Boy Data covers, most of them in New Mexico, Texas and Colorado.
Can I apply to Sandia Area directly?
Yes. Sandia Area is a bank or credit union with 8 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Sandia Area's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Sandia Area treats applications, then get a rate quote from the lender.