Bethpage Federal Credit Union · New Mexico · 2025

Bethpage Federal Credit Union in New Mexico: approval rate, denial rate and rates (2025)

Bethpage Federal Credit Union took 30 mortgage applications in New Mexico in 2025, ranking #176 of 599 lenders active in the state. It originated 36.7% of them and denied 50.0% (57.7% of the applications it decided), against a statewide denial rate of 18.6%.

30Applicationsin NM
57.7%Decision denial ratestate 24.7%
6.49%Median ratestate 6.63%
$90,000Median loanstate $205,000
$1.1MVolume13 counties

Bethpage Federal Credit Union in New Mexico vs the state

50.0%Denial rate+31.40 pts vs state
57.7%Decision denial rate+33.03 pts vs state
36.7%Origination rate-16.67 pts vs state
6.49%Median rate-0.13 pts vs state
-0.70Rate spread (pts)-1.08 pts vs state
$102kMedian applicant income
11Loans originated
15Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023331151.5%8.75%#145
2024381944.7%6.99%#156
2025301150.0%6.49%#176

What Bethpage Federal Credit Union lends in New Mexico

By loan purpose

Refinance 3 10% · 66.7% denied
Home improvement 15 50% · 40.0% denied
Other / HELOC 12 40% · 58.3% denied

By loan type

Conventional 30 100% · 50.0% denied

Why it denied New Mexico applicants

Debt-to-income ratio 7 47%
Credit history 5 33%
Collateral 2 13%
Incomplete application 1 7%

Where in New Mexico

Counties with the most Bethpage Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 724 57.1%
Doña Ana County 624 66.7%
Santa Fe County 522 40.0%
Los Alamos County 211 50.0%
San Juan County 201 50.0%
Sandoval County 110 0.0%
McKinley County 110 0.0%
Eddy County 101 100.0%
Lea County 100 0.0%
Taos County 110 0.0%

Other large lenders in New Mexico

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 4,44020.5%6.75%
21st MortgageF 3,99245.5%9.60%
United Shore Financial ServicesB 3,25112.8%6.13%
Guild MortgageA 3,1864.3%6.63%
NusendaD 2,96213.7%8.00%
Waterstone MortgageC 2,7403.2%6.88%
Vanderbilt Mortgage and FinanceF 2,08546.4%9.99%
Sunward Federal Credit UnionB 1,7659.1%6.50%
Mortgage Research CenterC 1,68315.9%6.25%
Primary Residential MortgageC 1,4974.9%6.63%

Frequently asked questions

New Mexico: 30 applications in 2025, of which 11 were originated and 15 denied.

50.0% of all applications, or 57.7% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Bethpage Federal Credit Union originated in New Mexico in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are Bethpage Federal Credit Union's own HMDA filing for properties located in New Mexico, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology