Mortgage Lenders and Brokers in Hobbs, New Mexico
Brian McKay
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iEditorial Disclosure
Editorial DisclosureLender lists come from federal HMDA loan data. Average rates come from our daily monitoring network. Editorial content is independent of any advertiser relationships.
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✓Fact Checked
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Loan Rates Last Updated and Verified: October 7, 2026
Hobbs, New Mexico mortgage lenders include Wells Fargo Bank NAWells Fargo Bank NA1910 N Turner St, Hobbs, NM 88240A+5.0 ★Texas Ratio: 5.36%, Western Commerce BankWestern Commerce Bank2224 N Turner St, Hobbs, NM 88240A5.0 ★Texas Ratio: 10.25%, First American BankFirst American Bank1220 W Joe Harvey Blvd, Hobbs, NM 88240A+5.0 ★Texas Ratio: 3.00%, Pioneer BankPioneer Bank1020 N Turner St, Hobbs, NM 88240A5.0 ★Texas Ratio: 11.22%, Washington FederalWashington Federal325 E Bender Blvd, Hobbs, NM 88240A+5.0 ★Texas Ratio: 4.48%, JPMorgan Chase Bank, NAJPMorgan Chase Bank, NA9261 Coors Blvd Nw, Albuquerque, NM 87114A+5.0 ★Texas Ratio: 3.68%, US Bank, N.A.US Bank, N.A.7900 Jefferson St Ne, Albuquerque, NM 87109A+5.0 ★Texas Ratio: 2.85%, First Financial Credit UnionFirst Financial Credit Union1625 Rio Bravo Blvd SW Ste 6, Albuquerque, NM 87105 6058A+5.0 ★Texas Ratio: 4.65%, Nusenda Federal Credit UnionNusenda Federal Credit Union7517 Montgomery Blvd NE, Albuquerque, NM 87109A+5.0 ★Texas Ratio: 5.40%, and Del Norte Credit UnionDel Norte Credit Union1216 N Paseo de Onate, Espanola, NM 87532A+5.0 ★Texas Ratio: 3.00%. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.
Lenders are ranked only by the number of home loans they closed in Hobbs, New Mexico in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Hobbs are listed first, then lenders elsewhere in New Mexico, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.
Mortgage Lenders and Brokers in Hobbs, New Mexico
Market share is the lender's share of all home loans closed in Hobbs, New Mexico. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.
| Lender | Programs | Loans closed | Market share | Approval share | Average loan | View |
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1 office in Hobbs 1910 N Turner St, Hobbs, NM 88240 A+5.0 ★Texas Ratio: 5.36% |
Conventional | 6 | 1.4% | 85.7% | $283,333 | View |
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3 offices in Hobbs 2224 N Turner St, Hobbs, NM 88240 A5.0 ★Texas Ratio: 10.25% |
Conventional | 4 | 1% | 100% | $317,500 | View |
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2 offices in Hobbs 1220 W Joe Harvey Blvd, Hobbs, NM 88240 A+5.0 ★Texas Ratio: 3.00% |
Conventional | 1 | 0.2% | 100% | $475,000 | View |
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2 offices in Hobbs 1020 N Turner St, Hobbs, NM 88240 A5.0 ★Texas Ratio: 11.22% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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1 office in Hobbs 325 E Bender Blvd, Hobbs, NM 88240 A+5.0 ★Texas Ratio: 4.48% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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9261 Coors Blvd Nw, Albuquerque, NM 87114 A+5.0 ★Texas Ratio: 3.68% |
Conventional | 10 | 2.4% | 90.9% | $281,000 | View |
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7900 Jefferson St Ne, Albuquerque, NM 87109 A+5.0 ★Texas Ratio: 2.85% |
Conventional | 3 | 0.7% | 100% | $188,333 | View |
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1625 Rio Bravo Blvd SW Ste 6, Albuquerque, NM 87105 6058 A+5.0 ★Texas Ratio: 4.65% |
Conventional | 1 | 0.2% | 100% | $75,000 | View |
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7517 Montgomery Blvd NE, Albuquerque, NM 87109 A+5.0 ★Texas Ratio: 5.40% |
VA | 1 | 0.2% | 100% | $275,000 | View |
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1216 N Paseo de Onate, Espanola, NM 87532 A+5.0 ★Texas Ratio: 3.00% |
Conventional | 1 | 0.2% | 100% | $55,000 | View |
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3301 Coors Blvd Nw, Albuquerque, NM 87120 A+5.0 ★Texas Ratio: 1.05% |
HELOC | 0 +2 HELOCs |
0% | 0% | View | |
Paramount Residential Mortgage
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Conventional, FHA, VA | 67 | 15.9% | 100% | $251,865 | |
Geneva Financial LLC
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Conventional, FHA | 45 | 10.7% | 95.7% | $238,555 | |
Rocket Mortgage
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Conventional, FHA | 34 | 8.1% | 66% | $169,705 | |
CrossCountry Mortgage, LLC
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Conventional, FHA, VA, HELOC | 30 +1 HELOCs |
7.1% | 97% | $282,666 | |
Primelending
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Conventional, FHA, VA | 26 | 6.2% | 81.1% | $159,615 | |
Directors Mortgage, Inc
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Conventional, FHA | 21 | 5% | 100% | $128,809 | |
Neighborhood Loans, Inc
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Conventional | 15 | 3.6% | 41.7% | $9,666 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 13 | 3.1% | 81.2% | $298,076 | |
Pennymac Loan Services LLC
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Conventional, FHA | 13 | 3.1% | 77.8% | $256,538 | |
Freedom Mortgage Corporation
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FHA, VA | 12 | 2.9% | 78.9% | $280,000 | |
21St Mortgage
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Conventional | 12 | 2.9% | 37.5% | $152,500 | |
Mortgage Research Center
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Conventional, VA | 10 | 2.4% | 66.7% | $295,000 | |
Newrez LLC
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Conventional, FHA, VA | 7 | 1.7% | 63.6% | $263,571 | |
Primary Residential Mortgage, INC.
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Conventional, FHA | 6 | 1.4% | 66.7% | $180,000 | |
Nationstar Mortgage
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Conventional, FHA | 6 | 1.4% | 85.7% | $266,666 | |
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A5.0 ★Texas Ratio: 8.14% |
Conventional | 5 | 1.2% | 100% | $171,000 | |
Southwest Funding LP
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Conventional, FHA | 5 | 1.2% | 100% | $231,000 | |
AmeriHome Mortgage Company, LLC
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Conventional, FHA | 4 | 1% | 80% | $330,000 | |
Triad Financial Services, Inc.
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Conventional | 4 | 1% | 52.2% | $170,000 | |
Amerisave Mortgage Company
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Conventional, FHA | 4 | 1% | 40% | $105,000 | |
Carrington Mortgage Services LLC
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Conventional, VA | 4 | 1% | 57.1% | $155,000 | |
Village Capital & Investment
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FHA | 4 | 1% | 88.9% | $325,000 | |
loanDepot.com LLC
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Conventional, FHA, HELOC | 3 +1 HELOCs |
0.7% | 60% | $121,666 | |
Spring Eq, LLC
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Conventional, HELOC | 3 +1 HELOCs |
0.7% | 50% | $55,000 | |
Kind Lending, LLC
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Conventional, FHA | 3 | 0.7% | 75% | $118,333 | |
Movement Mortgage, LLC
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FHA | 3 | 0.7% | 85.7% | $331,666 | |
Click n' Close, Inc.
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Conventional, FHA | 3 | 0.7% | 100% | $118,333 | |
Goodleap, LLC
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FHA | 2 | 0.5% | 40% | $190,000 | |
Nbkc Bank
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Conventional | 2 | 0.5% | 100% | $330,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
Conventional, VA | 2 | 0.5% | 100% | $325,000 | View |
Right Start Mortgage, Inc
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Conventional, FHA | 2 | 0.5% | 100% | $295,000 | |
Southwest Stage Funding LLC
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Conventional | 2 | 0.5% | 100% | $135,000 | |
New American Funding, LLC.
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Conventional, HELOC | 1 +1 HELOCs |
0.2% | 50% | $165,000 | |
The Loan Store, Inc
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Conventional, HELOC | 1 +1 HELOCs |
0.2% | 100% | $115,000 | |
Guaranteed Rate Affinity, LLC
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FHA | 1 | 0.2% | 100% | $505,000 | |
Guaranteed Rate, Inc.
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Conventional | 1 | 0.2% | 100% | $225,000 | |
All Credit Considered Mortgage, Inc.
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Conventional | 1 | 0.2% | 100% | $305,000 | |
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A+5.0 ★Texas Ratio: 3.01% |
Conventional | 1 | 0.2% | 100% | $375,000 | View |
AdvantageFirst Lending Inc
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FHA | 1 | 0.2% | 100% | $165,000 | |
Data Mortgage, Inc
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FHA | 1 | 0.2% | 100% | $355,000 | |
Firstlight Federal Credit Unio
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Conventional | 1 | 0.2% | 100% | $285,000 | |
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A+5.0 ★Texas Ratio: 3.66% |
VA | 1 | 0.2% | 100% | $345,000 | View |
Cmg Mortgage Inc
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VA | 1 | 0.2% | 100% | $325,000 | |
ClearPath Lending
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Conventional | 1 | 0.2% | 50% | $255,000 | |
Chevron Federal Credit Union
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Conventional | 1 | 0.2% | 100% | $225,000 | |
Jacksboro National Bank
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Conventional | 1 | 0.2% | 100% | $545,000 | |
Cardinal Financial Company, Li
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Conventional | 1 | 0.2% | 100% | $215,000 | |
Peoples Mortgage Company
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FHA | 1 | 0.2% | 100% | $145,000 | |
West Texas National Bank
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Conventional | 1 | 0.2% | 100% | $85,000 | |
Sierra Pacific Mortgage Co. Inc
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Conventional | 1 | 0.2% | 100% | $215,000 | |
American Pacific Mortgage Corporation
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FHA | 1 | 0.2% | 100% | $205,000 | |
Member First Mortgage, LLC
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Conventional | 1 | 0.2% | 100% | $255,000 | |
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A+5.0 ★Texas Ratio: 3.82% |
Conventional | 1 | 0.2% | 100% | $205,000 | View |
Loan Simple, Inc.
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FHA | 1 | 0.2% | 100% | $325,000 | |
Figure Lending LLC
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HELOC | 0 +2 HELOCs |
0% | n/a | ||
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B4.5 ★Texas Ratio: 20.96% |
HELOC | 0 +2 HELOCs |
0% | n/a | View | |
Pentagon Federal Credit Union
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HELOC | 0 +1 HELOCs |
0% | n/a |
Hobbs Mortgage Rate Trends
Daily average mortgage rates for New Mexico compared with the national average, updated every evening.
Mortgage Lenders and Mortgage Brokers Near Me in Hobbs, New Mexico
Looking for mortgage lenders near me or mortgage brokers near me in Hobbs? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Hobbs in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Hobbs, NM
Use these to narrow the list above. Each category shows how many Hobbs, NM lenders fit and what that kind of lender is usually best for.
Who Lends in Hobbs, NM
Independent mortgage companies closed 83.6 percent of home loans in Hobbs, New Mexico in 2025, banks 14 percent and credit unions 2.4 percent. Paramount Residential Mortgage was the largest mortgage company, Wells Fargo Bank NA the largest bank and First Financial Credit Union the largest credit union. Among lenders headquartered in New Mexico, Western Commerce Bank led with 4 loans.
How to Read This List
A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.
Title or escrow companies usually handle closings in New Mexico. None. New Mexico has no real estate transfer tax and no mortgage recording tax, only per document county recording fees.
More New Mexico Mortgage Lender Pages
Frequently Asked Questions About Mortgage Lenders in Hobbs, NM
By home loans closed in 2025, Wells Fargo Bank NA was the largest mortgage lender in Hobbs, New Mexico with 6 loans, about 1.4 percent of the market. The largest lender headquartered in New Mexico was Western Commerce Bank with 4 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Hobbs, New Mexico, Paramount Residential Mortgage approved the highest share of completed applications in 2025 at 100 percent, against a 77.1 percent average for all lenders. Approval share reflects the applicants a lender attracts as much as its underwriting, so compare it alongside loan programs and median loan size. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
28 lenders closed FHA loans in Hobbs, New Mexico in 2025, led by Paramount Residential Mortgage with 50. 12 lenders closed VA loans, led by Mortgage Research Center. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Yes. 17 banks and 7 credit unions closed home loans in Hobbs, New Mexico in 2025, alongside 44 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Lenders are ranked only by the number of home loans they closed in Hobbs, New Mexico during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.
Methodology and Sources
Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in Hobbs, New Mexico for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up Hobbs. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.
