Del Norte Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
26th16.7% deniedPricingmedian rate spread over APOR, weight 30%
95th-0.39 ptsProcesswithdrawn + incomplete share, weight 15%
24th18.2%Closing coststotal loan costs ÷ loan amount, weight 10%
34th2.33% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 508 | 324 | 14.8% | 18.6% | 6.13% | $51M |
| 2024 | 516 | 321 | 20.0% | 23.8% | 6.00% | $63M |
| 2025 | 462 | 312 | 13.6% | 16.7% | 5.88% | $69M |
What Del Norte Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 82 manufactured homes, 3 investment properties.
Why Del Norte Credit Union denies applications
Primary reason reported for each of the 63 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Del Norte Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 24 | 9 | 55.0% |
| $50k – $100k | 129 | 84 | 19.8% |
| $100k – $150k | 139 | 93 | 15.5% |
| $150k – $250k | 110 | 86 | 7.4% |
| Over $250k | 47 | 38 | 2.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 82 | 52 | 17.2% |
| 35–44 | 105 | 76 | 14.6% |
| 45–54 | 93 | 63 | 14.9% |
| 55–64 | 95 | 67 | 13.9% |
| 65–74 | 54 | 32 | 25.0% |
| Over 74 | 21 | 17 | 15.0% |
Where Del Norte Credit Union lends
1 states and 17 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New Mexico | 462 | 312 | 13.6% | 5.88% | #41 |
Frequently asked questions
Del Norte Credit Union denied 16.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 26th percentile of small mortgage lenders.
The most common reason Del Norte Credit Union gave in 2025 was "debt-to-income ratio", cited on 54.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Del Norte Credit Union originated in 2025 was 5.88%, and its median rate spread over the average prime offer rate was -0.39 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 32% of its applications were for home purchases, 23% for refinancing (including cash-out), and 45% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.