First-Citizens Bank & Trust · New Mexico · 2025

First-Citizens Bank & Trust in New Mexico: approval rate, denial rate and rates (2025)

First-Citizens Bank & Trust took 49 mortgage applications in New Mexico in 2025, ranking #154 of 599 lenders active in the state. It originated 69.4% of them and denied 14.3% (16.7% of the applications it decided), against a statewide denial rate of 18.6%.

49Applicationsin NM
16.7%Decision denial ratestate 24.7%
6.25%Median ratestate 6.63%
$345,000Median loanstate $205,000
$15MVolume5 counties

First-Citizens Bank & Trust in New Mexico vs the state

14.3%Denial rate-4.31 pts vs state
16.7%Decision denial rate-7.99 pts vs state
69.4%Origination rate+16.05 pts vs state
6.25%Median rate-0.38 pts vs state
0.02Rate spread (pts)-0.36 pts vs state
$275kMedian applicant income
34Loans originated
7Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023503026.0%5.99%#125
2024512917.7%6.49%#132
2025493414.3%6.25%#154

What First-Citizens Bank & Trust lends in New Mexico

By loan purpose

Home purchase 17 35% · 0.0% denied
Refinance 8 16% · 0.0% denied
Cash-out refinance 4 8% · 25.0% denied
Home improvement 13 27% · 38.5% denied
Other / HELOC 7 14% · 14.3% denied

By loan type

Conventional 49 100% · 14.3% denied

Why it denied New Mexico applicants

Debt-to-income ratio 4 57%
Collateral 2 29%
Insufficient cash 1 14%

Where in New Mexico

Counties with the most First-Citizens Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 30186 20.0%
Santa Fe County 11101 9.1%
Sandoval County 430 0.0%
Doña Ana County 320 0.0%
Valencia 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: 49 applications in 2025, of which 34 were originated and 7 denied.

14.3% of all applications, or 16.7% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans First-Citizens Bank & Trust originated in New Mexico in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are First-Citizens Bank & Trust'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