DSCR Loans in New Mexico
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
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Dominick Prevete arranges DSCR loans across New Mexico, qualified on the property's rent, not your tax returns. DSCR rental loans start from 7.125% (October 2026), and most close in 14 days. In 2025 HMDA data, 240 lenders made 2,102 investment-property loans in New Mexico; the most active are in the table below.
New Mexico investor market at a glance
| Statistic | New Mexico | 26 states | State rank |
|---|---|---|---|
| Investor loans | 2,102 | 461,927 | 26th of 26 |
| Reporting lenders | 240 | 3,509 | 26th of 26 |
| Loan volume | $528.0M | $163.80B | 26th of 26 |
| Average loan | $251K | $355K | 19th of 26 |
| Median loan | $215K | — | 13th of 26 |
| Purchases | 56.5% | 58.8% | 20th of 26 |
| Cash-out refinances | 25.1% | 19.8% | 5th of 26 |
| 2–4 unit properties | 13.4% | 16.5% | 13th of 26 |
| Top five lenders' share | 22.0% | 22.1% | 13th of 26 |
| Reported business-purpose | 63.4% | 72.6% | 26th of 26 |
New Mexico: closed-end loans on 1–4 unit investment properties. Rank is highest first among the 26 states with published data. The 26-state figures are totals for loans and volume, distinct filers for lenders, and loan-weighted averages for every share; a median does not combine across states.
What stands out in New Mexico
25.1% of New Mexico's investor loans were cash-out refinances, ranking 5th highest of the 26 states with published data (26-state figure: 19.8%).
On the DSCR cash-out refinances Dominick arranges, cash-out can close with no seasoning.
The average investor loan in New Mexico was $251K, ranking 8th lowest of the 26 states with published data (26-state figure: $355K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
Who are the DSCR and investment-property lenders in New Mexico?
The most active investment-property lenders in New Mexico in 2025 HMDA data were UNITED SHORE FINANCIAL SERVICES, LLC; Rocket Mortgage, LLC; and GUILD MORTGAGE COMPANY, out of 240 lenders that reported. HMDA doesn't flag which loans were DSCR loans, so this list mixes DSCR and conventional investment-property lenders. Dominick Prevete places DSCR loans across 100+ lenders, including several that reported in New Mexico, and matches each file to the one most likely to fund it.
Every year, lenders report their originations under the Home Mortgage Disclosure Act. We filtered New Mexico's 2025 filings to closed-end loans on 1–4 unit investment properties: 2,102 loans totaling $0.53B across 240 lenders. These were the most active.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| UNITED SHORE FINANCIAL SERVICES, LLC | 165 | $40.7M | $246K | 48.5% |
| Rocket Mortgage, LLC | 124 | $24.4M | $197K | 43.5% |
| GUILD MORTGAGE COMPANY | 64 | $13.4M | $209K | 65.6% |
| Waterstone Mortgage Corporation | 59 | $16.0M | $271K | 81.4% |
| NUSENDA | 51 | $11.9M | $233K | 51.0% |
| Sunward Federal Credit Union | 49 | $15.1M | $308K | 46.9% |
| Citizens Bank of Las Cruces | 40 | $8.3M | $209K | 70.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | 38 | $9.5M | $251K | 73.7% |
| Loan Funder LLC | 37 | $10.8M | $293K | 94.6% |
| AMERICAN HERITAGE LENDING, LLC | 37 | $9.5M | $258K | 64.9% |
| THE LOAN STORE, INC. | 37 | $8.8M | $238K | 43.2% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | 32 | $7.1M | $223K | 34.4% |
| CROSSCOUNTRY MORTGAGE, INC. | 29 | $11.5M | $395K | 86.2% |
| ABL RPC Residential Credit Acquisition LLC | 28 | $7.5M | $270K | 0.0% |
| Western Commerce Bank | 28 | $5.6M | $200K | 82.1% |
| First American Bank | 27 | $6.2M | $231K | 74.1% |
| BOKF, National Association | 26 | $7.5M | $289K | 84.6% |
| Loandepot.Com, LLC | 26 | $4.5M | $174K | 42.3% |
| Wells Fargo Bank, National Association | 26 | $4.4M | $170K | 53.8% |
| KIND LENDING, LLC | 25 | $6.9M | $277K | 56.0% |
| NEXERA HOLDING LLC | 25 | $6.1M | $243K | 60.0% |
| PENNYMAC LOAN SERVICES, LLC | 23 | $7.0M | $304K | 56.5% |
| CHAMPIONS FUNDING, LLC | 23 | $6.8M | $295K | 13.0% |
| NEWREZ LLC | 23 | $5.1M | $223K | 39.1% |
| SANDIA AREA | 23 | $3.0M | $132K | 30.4% |
Source: 2025 HMDA loan-level data (CFPB/FFIEC Data Browser), retrieved October 31, 2026. Updated annually. See how this data is built or download the full dataset (CSV) — all 240 reporting lenders with every underlying figure. Researching the market rather than financing a property? The New Mexico lending data page covers this table on its own.
What this table can't show you: fit. HMDA exempts short-term financing, so fix-and-flip and bridge lenders barely appear here — and no federal dataset knows which lender's guidelines match your deal, your entity, or your timeline. That's the job. Dominick Prevete structures your file and places it across 100+ lenders — including some on this list — so it lands with the one most likely to fund it.
Price your loan →National Loan Provider is an independent broker and maintains wholesale relationships with some listed lenders. Appearing in this table is not an endorsement or a recommendation.
Run the coverage test on your New Mexico deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a New Mexico property's rent, loan, taxes and insurance to see where it lands.
Principal and interest on a thirty-year amortization, plus taxes, insurance and HOA.
Enter the rent, loan amount, rate, taxes and insurance to see the coverage ratio.
Sources
- CFPB / FFIEC HMDA Data Browser — New Mexico's at-a-glance figures, its rank among the 26 states, its observations and the Quick Read's 240 lenders and 2,102 loans: 2025 HMDA loan-level data.
- New Mexico investor-lender dataset (CSV) — Every New Mexico lender behind the table above, with volume, average loan and purchase share for each.
- New Mexico investor lending data, Dominick Prevete — The New Mexico table on its own, with the state's concentration figures and the method behind them.
- DSCR loan rates, Dominick Prevete — DSCR rental loans start from 7.125%, as of October 2026: the Instant Term Sheet's best-case scenario on the current rate sheets.