Lowest closing cost mortgage lenders in Otero County County, New Mexico
In Otero County, New Mexico, homebuyers paid a median of $6,015 in closing costs in 2024 — below the New Mexico median of $7,095. The county saw 525 purchase mortgages at a median rate of 6.38%. Among lenders with 10+ originations, CLICK N' CLOSE, INC. offered the lowest median costs at $4,028, which is $2,226 less than the county median.
Homebuyers in Otero County County who chose CLICK N' CLOSE, INC. paid $1,987 less in closing costs than the county median.
County Median Costs
$6,015
−15.2% vs New Mexico ($7,095)
Median Rate
6.380%
−3.6% vs national (6.620%)
Median Origination
$2,492
Purchase Originations
525
vs New Mexico Median
15.2% below
$-1,080
vs National Median
10.8% below
$-726
Lender rankings in Otero County County
6 lenders with 10+ originations, ranked by median total loan costs.
| Rank | Lender | Median Total Costs ↑ | Median Rate ↕ | Median Origination ↕ | Volume ↕ | vs. Median |
|---|---|---|---|---|---|---|
| 1 | $5,015 | 6.625% | $5,022 | 21 | +$191 | |
| 2 | $6,025 | 6.562% | $4,014 | 14 | +$1,201 | |
| 3 | $6,089 | 6.500% | $3,662 | 19 | +$1,265 |
Includes lenders with 10+ purchase originations in Otero County County. Source: HMDA 2024. Sorted by median total loan costs.
View detailed closing cost breakdowns and user reviews for lenders in New Mexico → Lender Directory
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Data source: HMDA Modified Loan Application Register 2024, published by the Consumer Financial Protection Bureau (CFPB).
Statistics reflect originated first-lien purchase mortgages on owner-occupied principal residences. Medians exclude loans with exempt or unreported fee disclosures. Learn more at ffiec.cfpb.gov.