CHEVRON Federal Credit Union · New Mexico · 2025

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

CHEVRON Federal Credit Union took 10 mortgage applications in New Mexico in 2025, ranking #251 of 599 lenders active in the state. It originated 70.0% of them and denied 10.0% (12.5% of the applications it decided), against a statewide denial rate of 18.6%.

10Applicationsin NM
12.5%Decision denial ratestate 24.7%
6.13%Median ratestate 6.63%
$280,000Median loanstate $205,000
$2.0MVolume7 counties

CHEVRON Federal Credit Union in New Mexico vs the state

10.0%Denial rate-8.60 pts vs state
12.5%Decision denial rate-12.16 pts vs state
70.0%Origination rate+16.66 pts vs state
6.13%Median rate-0.50 pts vs state
0.00Rate spread (pts)-0.39 pts vs state
$188kMedian applicant income
7Loans originated
1Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231179.1%7.49%#236
202414110.0%6.38%#223
202510710.0%6.13%#251

What CHEVRON Federal Credit Union lends in New Mexico

By loan purpose

Home purchase 6 60% · 0.0% denied
Cash-out refinance 1 10% · 0.0% denied
Other / HELOC 3 30% · 33.3% denied

By loan type

Conventional 10 100% · 10.0% denied

Why it denied New Mexico applicants

Debt-to-income ratio 1 100%

Where in New Mexico

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

CountyApplicationsOriginatedDeniedDenial rate
Eddy County 430 0.0%
Sandoval County 110 0.0%
Lea County 110 0.0%
Lincoln County 101 100.0%
Taos County 110 0.0%
Bernalillo County 100 0.0%
Santa Fe 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: 10 applications in 2025, of which 7 were originated and 1 denied.

10.0% of all applications, or 12.5% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans CHEVRON Federal Credit Union originated in New Mexico in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are CHEVRON 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