Connexus Credit Union · New Mexico · 2025

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

Connexus Credit Union took 7 mortgage applications in New Mexico in 2025, ranking #286 of 599 lenders active in the state. It originated 0.0% of them and denied 85.7% (100.0% of the applications it decided), against a statewide denial rate of 18.6%.

7Applicationsin NM
100.0%Decision denial ratestate 24.7%
Median ratestate 6.63%
$125,000Median loanstate $205,000
$0Volume7 counties

Connexus Credit Union in New Mexico vs the state

85.7%Denial rate+67.11 pts vs state
100.0%Decision denial rate+75.34 pts vs state
0.0%Origination rate-53.34 pts vs state
Median rate
Rate spread (pts)
$163kMedian applicant income
0Loans originated
6Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
202313361.5%4.99%#218
20257085.7%#286

What Connexus Credit Union lends in New Mexico

By loan purpose

Home purchase 1 14% · 100.0% denied
Refinance 1 14% · 100.0% denied
Home improvement 3 43% · 100.0% denied
Other / HELOC 2 29% · 50.0% denied

By loan type

Conventional 7 100% · 85.7% denied

Why it denied New Mexico applicants

Debt-to-income ratio 3 50%
Other 1 17%
Collateral 1 17%
Credit history 1 17%

Where in New Mexico

Counties with the most Connexus Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sandoval County 101 100.0%
Bernalillo County 101 100.0%
McKinley County 101 100.0%
San Juan County 101 100.0%
Doña Ana County 101 100.0%
Taos County 100 0.0%
Santa Fe County 101 100.0%

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: 7 applications in 2025, of which 0 were originated and 6 denied.

85.7% of all applications, or 100.0% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Connexus 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