Kirtland Federal Credit Union · New Mexico · 2025

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

Kirtland Federal Credit Union took 891 mortgage applications in New Mexico in 2025, ranking #20 of 599 lenders active in the state. It originated 56.6% of them and denied 22.3% (24.3% of the applications it decided), against a statewide denial rate of 18.6%.

891Applicationsin NM
24.3%Decision denial ratestate 24.7%
7.50%Median ratestate 6.63%
$155,000Median loanstate $205,000
$83MVolume20 counties

Kirtland Federal Credit Union in New Mexico vs the state

22.3%Denial rate+3.73 pts vs state
24.3%Decision denial rate-0.36 pts vs state
56.6%Origination rate+3.23 pts vs state
7.50%Median rate+0.88 pts vs state
0.64Rate spread (pts)+0.26 pts vs state
$108kMedian applicant income
504Loans originated
199Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
202385348125.0%7.25%#15
202474443927.8%7.75%#22
202589150422.3%7.50%#20

What Kirtland Federal Credit Union lends in New Mexico

By loan purpose

Home purchase 274 31% · 20.4% denied
Refinance 158 18% · 13.9% denied
Cash-out refinance 72 8% · 16.7% denied
Home improvement 193 22% · 23.8% denied
Other / HELOC 194 22% · 32.5% denied

By loan type

Conventional 856 96% · 22.3% denied
FHA 7 1% · 42.9% denied
VA 28 3% · 17.9% denied

Why it denied New Mexico applicants

Other 59 30%
Incomplete application 54 27%
Debt-to-income ratio 47 24%
Credit history 23 12%
Collateral 12 6%
Insufficient cash 2 1%
Employment history 1 1%
Unverifiable information 1 1%

Where in New Mexico

Counties with the most Kirtland Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 517347100 19.3%
Sandoval County 1238926 21.1%
Valencia County 492912 24.5%
Santa Fe County 29206 20.7%
Torrance County 522 40.0%
Rio Arriba County 520 0.0%
Doña Ana County 440 0.0%
Socorro County 431 25.0%
San Juan County 312 66.7%
Chaves County 302 66.7%

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: 891 applications in 2025, of which 504 were originated and 199 denied.

22.3% of all applications, or 24.3% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Kirtland Federal Credit Union originated in New Mexico in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are Kirtland Federal 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