Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Sandoval County, New Mexico
Every institution that decided a 1–4 unit mortgage application in Sandoval County, home to Rio Rancho, between 2023 and 2025: 15,786 applications, 12,236 loans actually funded, across 8 kinds of borrowing.
Sandoval County at a glance
15,786Applications decided
2023–2025
12,236Loans funded
78% of decisions
35Census tracts
11 ZIP codes
151,538People
ACS 2023
What the data shows
Lenders approved 86.8% of home-purchase applications in Sandoval County, 3.4 points above the New Mexico rate.
The typical purchase mortgage here is $315K.
Lending by loan type in Sandoval County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 86.8% | 8,996 | $315K | 96% | 257 |
| Home improvement loans | 68.6% | 1,591 | $55K | 94% | 66 |
| Cash-out refinance | 71.3% | 2,721 | $165K | 95% | 159 |
| Refinance | 80.2% | 1,839 | $285K | 92% | 147 |
| Investment property purchase | 86.6% | 419 | $255K | 96% | 124 |
| Investment cash-out refinance | 72.5% | 120 | $185K | 95% | 61 |
| Investment refinance | 62.2% | 45 | $165K | 93% | 30 |
| Investment home improvement | 40.0% | 55 | $155K | 95% | 24 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.