Citizens Bank of Las Cruces · New Mexico · 2025

Citizens Bank of Las Cruces in New Mexico: approval rate, denial rate and rates (2025)

Citizens Bank of Las Cruces took 394 mortgage applications in New Mexico in 2025, ranking #47 of 599 lenders active in the state. It originated 85.8% of them and denied 3.3% (3.7% of the applications it decided), against a statewide denial rate of 18.6%.

394Applicationsin NM
3.7%Decision denial ratestate 24.7%
6.63%Median ratestate 6.63%
$245,000Median loanstate $205,000
$132MVolume8 counties

Citizens Bank of Las Cruces in New Mexico vs the state

3.3%Denial rate-15.30 pts vs state
3.7%Decision denial rate-20.97 pts vs state
85.8%Origination rate+32.45 pts vs state
6.63%Median rate0.00 pts vs state
0.14Rate spread (pts)-0.24 pts vs state
$110kMedian applicant income
338Loans originated
13Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233673204.4%6.88%#46
20243743214.3%6.88%#47
20253943383.3%6.63%#47

What Citizens Bank of Las Cruces lends in New Mexico

By loan purpose

Home purchase 351 89% · 2.9% denied
Refinance 17 4% · 11.8% denied
Cash-out refinance 17 4% · 5.9% denied
Home improvement 4 1% · 0.0% denied
Other / HELOC 5 1% · 0.0% denied

By loan type

Conventional 279 71% · 4.3% denied
FHA 74 19% · 1.4% denied
VA 41 10% · 0.0% denied

Why it denied New Mexico applicants

Debt-to-income ratio 4 31%
Other 3 23%
Collateral 2 15%
Unverifiable information 1 8%
Credit history 1 8%
Employment history 1 8%
Insufficient cash 1 8%

Where in New Mexico

Counties with the most Citizens Bank of Las Cruces applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Doña Ana County 36131211 3.0%
Sierra County 13101 7.7%
Lincoln County 770 0.0%
Otero County 740 0.0%
Luna County 211 50.0%
Bernalillo County 220 0.0%
Santa Fe County 110 0.0%
Grant 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: 394 applications in 2025, of which 338 were originated and 13 denied.

3.3% of all applications, or 3.7% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Citizens Bank of Las Cruces originated in New Mexico in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Citizens Bank of Las Cruces'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