Fifth Third Bank · New Mexico · 2025

Fifth Third Bank in New Mexico: approval rate, denial rate and rates (2025)

Fifth Third Bank took 12 mortgage applications in New Mexico in 2025, ranking #243 of 599 lenders active in the state. It originated 66.7% of them and denied 16.7% (20.0% of the applications it decided), against a statewide denial rate of 18.6%.

12Applicationsin NM
20.0%Decision denial ratestate 24.7%
6.75%Median ratestate 6.63%
$275,000Median loanstate $205,000
$3.7MVolume7 counties

Fifth Third Bank in New Mexico vs the state

16.7%Denial rate-1.93 pts vs state
20.0%Decision denial rate-4.66 pts vs state
66.7%Origination rate+13.33 pts vs state
6.75%Median rate+0.12 pts vs state
0.22Rate spread (pts)-0.16 pts vs state
$100kMedian applicant income
8Loans originated
2Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024630.0%6.75%#283
202512816.7%6.75%#243

What Fifth Third Bank lends in New Mexico

By loan purpose

Home purchase 9 75% · 11.1% denied
Cash-out refinance 2 17% · 50.0% denied
Other / HELOC 1 8% · 0.0% denied

By loan type

Conventional 11 92% · 18.2% denied
VA 1 8% · 0.0% denied

Why it denied New Mexico applicants

Debt-to-income ratio 1 50%
Incomplete application 1 50%

Where in New Mexico

Counties with the most Fifth Third Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Santa Fe County 430 0.0%
Lincoln County 211 50.0%
Sandoval County 211 50.0%
Bernalillo County 110 0.0%
San Juan County 110 0.0%
Colfax County 100 0.0%
Curry 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: 12 applications in 2025, of which 8 were originated and 2 denied.

16.7% of all applications, or 20.0% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Fifth Third Bank originated in New Mexico in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Fifth Third Bank'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