Top Mortgage Lenders in Santa Fe, NM

Which mortgage lender in the Santa Fe, NM area typically has the best rates? To help you narrow down where to shop for a mortgage, provides an objective and data driven ranking of mortgage lenders operating in the Santa Fe, NM area by interest rate and market share. We maintain our independence by not accepting any compensation from the mortgage lenders we rank, and use data on all fixed rate mortgages that were closed in the past year to generate our rankings.

Going by historical data, the best mortgage lender in the Santa Fe, NM area in terms of interest rate is Enterprise Bank & Trust, with an average “Rate Difference” of -0.24%. This means that, comparing similar borrowers, Enterprise Bank & Trust provided a -0.24% lower interest rate for its customers than other lenders in the area. Enterprise Bank & Trust has a market share of 3.9%. On the other hand, the most popular lender in the Santa Fe, NM area is Quicken Loans, with a larger market share of 15.9%. Quicken Loans is an average lender in terms of the interest rate it offers, with a “Rate Difference” of +0.04% compared to those of other lenders in this area.

Our detailed ranking of mortgage lenders in the Santa Fe, NM area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, going by historical data, the cheapest lender for Conventional mortgages in Santa Fe, NM is Enterprise Bank & Trust. If you want to take out a loan that is above conforming limits (above $548,250 or $822,375 depending on the area in 2021), the cheapest Jumbo mortgage provider is Wells Fargo Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Enterprise Bank & Trust. The cheapest VA mortgage provider is Flagstar Bank. Note that as a consumer advocate we always recommend shopping among several of our top ranked lenders in order to get the best rates and fees.

Ranking of Mortgage Lenders in Santa Fe, NM

Mortgage Type:
Lender NameRate DifferenceRate RatingMarket Share
Enterprise Bank & Trust-0.24%(4.5)3.94%
Bank of America-0.09%(4.0)2.83%
Nusenda Credit Union-0.08%(4.0)2.43%
Pulte Mortgage LLC-0.07%(4.0)2.04%
JPMorgan Chase Bank-0.06%(4.0)2.76%
BOK Financial-0.06%(4.0)3.54%
Wells Fargo Bank-0.06%(4.0)5.19%
Guaranteed Rate-0.04%(3.5)1.15%
Sunflower Bank-0.04%(3.5)3.33%
US Bank-0.02%(3.5)2.65%
Homeowners Financial Group-0.02%(3.5)2.79%
Finance of America Mortgage-0.01%(3.5)1.54%
Waterstone Mortgage Corporation-0.01%(3.5)11.24%
First Choice Loan Services0.01%(3.5)1.72%
Flagstar Bank0.02%(3.5)3.44%
SRE Mortgage Alliance0.02%(3.5)1.18%
Legacy Mortgage0.04%(3.5)1.86%
Synergy One Lending0.04%(3.5)1.22%
Quicken Loans0.04%(3.5)15.93%
Bell Bank0.04%(3.5)2.47%
CMG Financial0.06%(3.0)1.40%
Mr. Cooper0.07%(3.0)2.15%
Gateway First Bank0.11%(3.0)10.38%
Panorama Mortgage Group0.11%(3.0)2.58%
Lender NameRate DifferenceRate RatingMarket Share
Enterprise Bank & Trust-0.15%(4.5)2.11%
Bank of America-0.13%(4.0)2.90%
Wells Fargo Bank-0.10%(4.0)5.67%
US Bank-0.08%(4.0)2.59%
BOK Financial-0.08%(4.0)3.32%
Pulte Mortgage LLC-0.06%(4.0)3.44%
Sunflower Bank-0.05%(4.0)4.04%
Nusenda Credit Union-0.05%(3.5)2.23%
Guaranteed Rate-0.05%(3.5)1.63%
JPMorgan Chase Bank-0.04%(3.5)2.65%
Waterstone Mortgage Corporation-0.02%(3.5)14.96%
Finance of America Mortgage-0.02%(3.5)1.63%
Homeowners Financial Group-0.02%(3.5)3.74%
Mr. Cooper-0.01%(3.5)0.66%
Synergy One Lending-0.01%(3.5)0.84%
Quicken Loans0.00%(3.5)9.35%
SRE Mortgage Alliance0.03%(3.5)1.09%
Legacy Mortgage0.05%(3.5)2.65%
Flagstar Bank0.05%(3.5)3.68%
Bell Bank0.05%(3.0)3.20%
First Choice Loan Services0.06%(3.0)1.69%
CMG Financial0.06%(3.0)1.87%
Panorama Mortgage Group0.12%(3.0)3.56%
Gateway First Bank0.13%(3.0)12.61%
Lender NameRate DifferenceRate RatingMarket Share
Enterprise Bank & Trust-0.29%(5.0)6.60%
Nusenda Credit Union-0.12%(4.0)2.73%
JPMorgan Chase Bank-0.08%(4.0)2.90%
First Choice Loan Services-0.06%(4.0)1.76%
Bank of America-0.04%(3.5)2.73%
BOK Financial-0.03%(3.5)3.87%
Flagstar Bank-0.03%(3.5)3.08%
Homeowners Financial Group-0.02%(3.5)1.41%
Sunflower Bank-0.00%(3.5)2.29%
Guaranteed Rate0.00%(3.5)0.44%
Finance of America Mortgage0.00%(3.5)1.41%
Legacy Mortgage0.01%(3.5)0.70%
SRE Mortgage Alliance0.01%(3.5)1.32%
Bell Bank0.01%(3.5)1.41%
Wells Fargo Bank0.02%(3.5)4.49%
Waterstone Mortgage Corporation0.04%(3.5)5.81%
CMG Financial0.05%(3.0)0.70%
US Bank0.05%(3.0)2.73%
Quicken Loans0.06%(3.0)25.53%
Gateway First Bank0.07%(3.0)7.13%
Synergy One Lending0.07%(3.0)1.76%
Panorama Mortgage Group0.08%(3.0)1.14%
Mr. Cooper0.08%(3.0)4.31%
Lender NameRate DifferenceRate RatingMarket Share
Enterprise Bank & Trust-0.26%(5.0)4.41%
Bank of America-0.10%(4.0)2.95%
JPMorgan Chase Bank-0.10%(4.0)2.38%
Nusenda Credit Union-0.08%(4.0)2.73%
Pulte Mortgage LLC-0.08%(4.0)2.16%
BOK Financial-0.07%(4.0)3.70%
Wells Fargo Bank-0.05%(4.0)5.42%
Guaranteed Rate-0.05%(3.5)1.19%
Sunflower Bank-0.04%(3.5)3.88%
Homeowners Financial Group-0.03%(3.5)2.60%
US Bank-0.02%(3.5)2.51%
Finance of America Mortgage-0.02%(3.5)1.54%
Waterstone Mortgage Corporation-0.01%(3.5)10.41%
First Choice Loan Services0.02%(3.5)2.03%
Flagstar Bank0.02%(3.5)3.84%
SRE Mortgage Alliance0.03%(3.5)1.23%
Legacy Mortgage0.04%(3.5)1.85%
Bell Bank0.04%(3.5)2.60%
Synergy One Lending0.05%(3.0)1.15%
Quicken Loans0.05%(3.0)16.89%
CMG Financial0.09%(3.0)1.23%
Mr. Cooper0.11%(3.0)1.72%
Panorama Mortgage Group0.12%(3.0)1.85%
Gateway First Bank0.14%(3.0)10.23%
Lender NameRate DifferenceRate RatingMarket Share
Enterprise Bank & Trust-0.17%(4.5)2.32%
Bank of America-0.14%(4.0)3.01%
BOK Financial-0.10%(4.0)3.48%
US Bank-0.10%(4.0)2.47%
Wells Fargo Bank-0.09%(4.0)6.18%
JPMorgan Chase Bank-0.09%(4.0)2.01%
Pulte Mortgage LLC-0.07%(4.0)3.79%
Sunflower Bank-0.06%(4.0)4.79%
Nusenda Credit Union-0.05%(4.0)2.47%
Guaranteed Rate-0.05%(4.0)1.78%
Finance of America Mortgage-0.03%(3.5)1.55%
Waterstone Mortgage Corporation-0.03%(3.5)13.91%
Homeowners Financial Group-0.03%(3.5)3.55%
Mr. Cooper-0.02%(3.5)0.62%
Synergy One Lending-0.01%(3.5)0.77%
Quicken Loans0.01%(3.5)9.43%
Legacy Mortgage0.04%(3.5)2.63%
SRE Mortgage Alliance0.05%(3.0)1.00%
Flagstar Bank0.05%(3.0)4.33%
Bell Bank0.05%(3.0)3.40%
First Choice Loan Services0.07%(3.0)2.01%
CMG Financial0.10%(3.0)1.62%
Panorama Mortgage Group0.14%(3.0)2.55%
Gateway First Bank0.15%(2.5)13.37%
Lender NameRate DifferenceRate RatingMarket Share
Enterprise Bank & Trust-0.30%(5.0)7.19%
Nusenda Credit Union-0.12%(4.0)3.08%
JPMorgan Chase Bank-0.10%(4.0)2.87%
First Choice Loan Services-0.06%(4.0)2.05%
Bank of America-0.04%(3.5)2.87%
BOK Financial-0.04%(3.5)4.00%
Flagstar Bank-0.03%(3.5)3.18%
Homeowners Financial Group-0.03%(3.5)1.33%
Sunflower Bank-0.00%(3.5)2.67%
Guaranteed Rate0.00%(3.5)0.41%
Finance of America Mortgage0.01%(3.5)1.54%
Legacy Mortgage0.01%(3.5)0.82%
SRE Mortgage Alliance0.01%(3.5)1.54%
Bell Bank0.02%(3.5)1.54%
Wells Fargo Bank0.03%(3.5)4.41%
Waterstone Mortgage Corporation0.05%(3.0)5.75%
CMG Financial0.06%(3.0)0.72%
Quicken Loans0.07%(3.0)26.80%
US Bank0.07%(3.0)2.57%
Panorama Mortgage Group0.08%(3.0)0.92%
Synergy One Lending0.09%(3.0)1.64%
Gateway First Bank0.09%(3.0)6.06%
Mr. Cooper0.13%(3.0)3.18%
Lender NameRate DifferenceRate RatingMarket Share
Enterprise Bank & Trust-0.06%(4.0)2.80%
Quicken Loans-0.05%(3.5)13.55%
SRE Mortgage Alliance-0.03%(3.5)1.40%
Guaranteed Rate-0.03%(3.5)1.40%
Nusenda Credit Union-0.03%(3.5)0.93%
Waterstone Mortgage Corporation-0.03%(3.5)14.02%
Gateway First Bank-0.02%(3.5)14.02%
Flagstar Bank-0.02%(3.5)1.40%
Mr. Cooper-0.02%(3.5)8.41%
Homeowners Financial Group-0.02%(3.5)1.40%
Bank of America-0.01%(3.5)0.93%
CMG Financial-0.01%(3.5)3.74%
Synergy One Lending-0.00%(3.5)0.93%
Finance of America Mortgage0.01%(3.5)3.27%
BOK Financial0.01%(3.5)3.74%
Wells Fargo Bank0.01%(3.5)0.47%
Legacy Mortgage0.05%(3.0)4.67%
Panorama Mortgage Group0.09%(3.0)13.55%
Lender NameRate DifferenceRate RatingMarket Share
Enterprise Bank & Trust-0.07%(4.0)1.94%
Quicken Loans-0.05%(4.0)10.32%
Waterstone Mortgage Corporation-0.03%(3.5)18.71%
SRE Mortgage Alliance-0.03%(3.5)1.94%
Guaranteed Rate-0.03%(3.5)1.94%
Nusenda Credit Union-0.03%(3.5)1.29%
Gateway First Bank-0.02%(3.5)16.13%
Homeowners Financial Group-0.02%(3.5)1.94%
CMG Financial-0.02%(3.5)4.52%
Bank of America-0.02%(3.5)1.29%
Synergy One Lending-0.01%(3.5)0.65%
Mr. Cooper-0.00%(3.5)1.94%
Flagstar Bank0.00%(3.5)0.65%
Finance of America Mortgage0.01%(3.5)4.52%
BOK Financial0.01%(3.5)3.23%
Wells Fargo Bank0.01%(3.5)0.65%
Legacy Mortgage0.05%(3.5)6.45%
Panorama Mortgage Group0.10%(3.0)16.13%
Lender NameRate DifferenceRate RatingMarket Share
Enterprise Bank & Trust-0.05%(4.0)5.08%
Quicken Loans-0.04%(3.5)22.03%
Flagstar Bank-0.03%(3.5)3.39%
Mr. Cooper-0.02%(3.5)25.42%
Synergy One Lending0.00%(3.5)1.69%
Gateway First Bank0.00%(3.5)8.47%
BOK Financial0.01%(3.5)5.08%
CMG Financial0.01%(3.5)1.69%
Waterstone Mortgage Corporation0.03%(3.5)1.69%
Panorama Mortgage Group0.08%(3.0)6.78%
Lender NameRate DifferenceRate RatingMarket Share
Wells Fargo Bank-0.08%(4.0)16.39%
Bank of America-0.03%(3.5)8.20%
US Bank-0.03%(3.5)11.48%
Pulte Mortgage LLC-0.00%(3.5)1.64%
Quicken Loans0.00%(3.5)5.74%
First Choice Loan Services0.01%(3.5)1.64%
Synergy One Lending0.01%(3.5)1.64%
Homeowners Financial Group0.02%(3.5)6.56%
JPMorgan Chase Bank0.02%(3.5)18.85%
Guaranteed Rate0.03%(3.5)0.82%
Flagstar Bank0.04%(3.5)1.64%
Waterstone Mortgage Corporation0.04%(3.5)13.93%
Bell Bank0.05%(3.0)8.20%
Lender NameRate DifferenceRate RatingMarket Share
Wells Fargo Bank-0.10%(4.0)14.61%
Bank of America-0.04%(3.5)7.87%
US Bank-0.04%(3.5)10.11%
Pulte Mortgage LLC-0.00%(3.5)2.25%
Quicken Loans-0.00%(3.5)3.37%
First Choice Loan Services0.01%(3.5)2.25%
Synergy One Lending0.01%(3.5)1.12%
Homeowners Financial Group0.03%(3.5)7.87%
JPMorgan Chase Bank0.03%(3.5)20.22%
Guaranteed Rate0.03%(3.5)1.12%
Flagstar Bank0.04%(3.5)2.25%
Waterstone Mortgage Corporation0.05%(3.5)15.73%
Bell Bank0.06%(3.0)10.11%
Lender NameRate DifferenceRate RatingMarket Share
Wells Fargo Bank-0.03%(3.5)21.21%
US Bank-0.02%(3.5)15.15%
Bank of America-0.01%(3.5)9.09%
Homeowners Financial Group-0.00%(3.5)3.03%
Quicken Loans0.00%(3.5)12.12%
Synergy One Lending0.00%(3.5)3.03%
Bell Bank0.01%(3.5)3.03%
JPMorgan Chase Bank0.01%(3.5)15.15%
Waterstone Mortgage Corporation0.03%(3.5)9.09%
Lender NameRate DifferenceRate RatingMarket Share
Flagstar Bank-0.02%(3.5)2.11%
Enterprise Bank & Trust-0.02%(3.5)2.11%
SRE Mortgage Alliance-0.02%(3.5)1.05%
Waterstone Mortgage Corporation-0.02%(3.5)16.32%
Nusenda Credit Union-0.01%(3.5)2.11%
Guaranteed Rate-0.00%(3.5)0.53%
CMG Financial-0.00%(3.5)1.58%
Homeowners Financial Group0.00%(3.5)4.21%
Sunflower Bank0.00%(3.5)2.63%
Finance of America Mortgage0.00%(3.5)0.53%
Wells Fargo Bank0.01%(3.5)0.53%
US Bank0.01%(3.5)1.58%
Mr. Cooper0.01%(3.5)1.58%
Synergy One Lending0.01%(3.5)2.11%
Pulte Mortgage LLC0.01%(3.5)3.16%
Panorama Mortgage Group0.01%(3.5)0.53%
Quicken Loans0.02%(3.5)13.68%
BOK Financial0.02%(3.5)3.68%
Gateway First Bank0.02%(3.5)14.74%
Lender NameRate DifferenceRate RatingMarket Share
Flagstar Bank-0.03%(3.5)1.67%
Enterprise Bank & Trust-0.03%(3.5)1.67%
Waterstone Mortgage Corporation-0.02%(3.5)20.83%
SRE Mortgage Alliance-0.01%(3.5)1.67%
Nusenda Credit Union-0.01%(3.5)2.50%
Quicken Loans-0.00%(3.5)11.67%
CMG Financial0.00%(3.5)2.50%
Sunflower Bank0.01%(3.5)4.17%
Homeowners Financial Group0.01%(3.5)5.00%
Synergy One Lending0.01%(3.5)1.67%
Pulte Mortgage LLC0.01%(3.5)5.00%
US Bank0.02%(3.5)1.67%
Panorama Mortgage Group0.02%(3.5)0.83%
BOK Financial0.03%(3.5)4.17%
Gateway First Bank0.04%(3.5)9.17%
Lender NameRate DifferenceRate RatingMarket Share
Flagstar Bank-0.02%(3.5)2.86%
Enterprise Bank & Trust-0.02%(3.5)2.86%
Homeowners Financial Group-0.01%(3.5)2.86%
US Bank-0.01%(3.5)1.43%
Guaranteed Rate-0.01%(3.5)1.43%
BOK Financial-0.00%(3.5)2.86%
Waterstone Mortgage Corporation-0.00%(3.5)8.57%
Nusenda Credit Union-0.00%(3.5)1.43%
Finance of America Mortgage0.00%(3.5)1.43%
Wells Fargo Bank0.00%(3.5)1.43%
Gateway First Bank0.00%(3.5)24.29%
Mr. Cooper0.00%(3.5)4.29%
Synergy One Lending0.01%(3.5)2.86%
Quicken Loans0.04%(3.5)17.14%

* Data is compiled for the Santa Fe, NM commuting zone area, which comprises of counties of Los Alamos County, NM, Rio Arriba County, NM, Santa Fe County, NM, and Taos County, NM. This includes cities/towns/communities of Santa Fe, NM as well as Los Alamos, NM, Eldorado at Santa Fe, NM, Edgewood, NM, White Rock, NM, Taos, NM, La Cienega, NM, Arroyo Seco, NM, Jaconita, NM, Espanola, NM, Ranchos de Taos, NM, Los Cerrillos, NM, Cañada de los Alamos, NM, Tesuque, NM, La Villita, NM, El Rito, NM, Chama, NM, El Valle de Arroyo Seco, NM, La Mesilla, NM, Pojoaque, NM, Questa, NM, Espanola, NM, Cedar Grove, NM, Agua Fria, NM, Chimayo, NM, Nambe, NM, El Rancho, NM, Dulce, NM, and Peñasco, NM. Lenders must have made at least 30 loans in the area to be included. Source of the data is Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate conditional on the commuting zone, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

Mortgage Lender Rankings in Other Cities

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