Citadel Servicing · New Mexico · 2025

Citadel Servicing in New Mexico: approval rate, denial rate and rates (2025)

Citadel Servicing took 47 mortgage applications in New Mexico in 2025, ranking #157 of 599 lenders active in the state. It originated 55.3% of them and denied 6.4% (6.5% of the applications it decided), against a statewide denial rate of 18.6%.

47Applicationsin NM
6.5%Decision denial ratestate 24.7%
7.75%Median ratestate 6.63%
$225,000Median loanstate $205,000
$7.5MVolume12 counties

Citadel Servicing in New Mexico vs the state

6.4%Denial rate-12.22 pts vs state
6.5%Decision denial rate-18.14 pts vs state
55.3%Origination rate+1.98 pts vs state
7.75%Median rate+1.13 pts vs state
1.40Rate spread (pts)+1.02 pts vs state
$153kMedian applicant income
26Loans originated
3Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231790.0%9.63%#198
202440190.0%8.63%#153
202547266.4%7.75%#157

What Citadel Servicing lends in New Mexico

By loan purpose

Home purchase 23 49% · 4.4% denied
Refinance 2 4% · 50.0% denied
Cash-out refinance 22 47% · 4.6% denied

By loan type

Conventional 47 100% · 6.4% denied

Why it denied New Mexico applicants

Other 2 67%
Debt-to-income ratio 1 33%

Where in New Mexico

Counties with the most Citadel Servicing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 19110 0.0%
Doña Ana County 510 0.0%
San Juan County 540 0.0%
Sandoval County 310 0.0%
Santa Fe County 312 66.7%
Eddy County 320 0.0%
Valencia County 311 33.3%
Colfax County 220 0.0%
Lea County 110 0.0%
Rio Arriba 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: 47 applications in 2025, of which 26 were originated and 3 denied.

6.4% of all applications, or 6.5% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Citadel Servicing originated in New Mexico in 2025 was 7.75%, against a statewide median of 6.63%.

About this data. Figures are Citadel Servicing'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