Kirtland Federal 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 D 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%
13th24.2% deniedPricingmedian rate spread over APOR, weight 30%
22nd0.64 ptsProcesswithdrawn + incomplete share, weight 15%
67th8.0%Closing coststotal loan costs ÷ loan amount, weight 10%
8th4.13% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 863 | 481 | 25.1% | 28.3% | 7.25% | $60M |
| 2024 | 776 | 439 | 27.8% | 29.2% | 7.75% | $62M |
| 2025 | 899 | 504 | 22.3% | 24.2% | 7.50% | $83M |
What Kirtland Federal 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: 262 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 65 investment properties.
Why Kirtland Federal Credit Union denies applications
Primary reason reported for each of the 200 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Kirtland Federal 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 | 84 | 24 | 55.6% |
| $50k – $100k | 313 | 161 | 28.9% |
| $100k – $150k | 224 | 135 | 19.8% |
| $150k – $250k | 189 | 125 | 14.4% |
| Over $250k | 76 | 51 | 6.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 129 | 51 | 32.1% |
| 35–44 | 231 | 133 | 26.1% |
| 45–54 | 163 | 90 | 22.8% |
| 55–64 | 183 | 106 | 22.3% |
| 65–74 | 112 | 82 | 16.5% |
| Over 74 | 67 | 38 | 23.8% |
Where Kirtland Federal Credit Union lends
4 states and 21 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 | 891 | 504 | 22.3% | 7.50% | #20 |
Frequently asked questions
Kirtland Federal Credit Union denied 24.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 13th percentile of small mortgage lenders.
The most common reason Kirtland Federal Credit Union gave in 2025 was "other", cited on 30.0% 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 Kirtland Federal Credit Union originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 0.64 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 31% of its applications were for home purchases, 26% for refinancing (including cash-out), and 43% for home improvement or other purposes. By loan type: 96% conventional, 1% FHA, 3% 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.