The Central Trust Bank · New Mexico · 2025

The Central Trust Bank in New Mexico: approval rate, denial rate and rates (2025)

The Central Trust Bank took 12 mortgage applications in New Mexico in 2025, ranking #240 of 599 lenders active in the state. It originated 25.0% of them and denied 16.7% (40.0% of the applications it decided), against a statewide denial rate of 18.6%.

12Applicationsin NM
40.0%Decision denial ratestate 24.7%
6.99%Median ratestate 6.63%
$380,000Median loanstate $205,000
$1.4MVolume8 counties

The Central Trust Bank in New Mexico vs the state

16.7%Denial rate-1.93 pts vs state
40.0%Decision denial rate+15.34 pts vs state
25.0%Origination rate-28.34 pts vs state
6.99%Median rate+0.37 pts vs state
0.19Rate spread (pts)-0.19 pts vs state
$140kMedian applicant income
3Loans originated
2Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
202324120.0%6.25%#175
202425140.0%6.81%#185
202512316.7%6.99%#240

What The Central Trust Bank lends in New Mexico

By loan purpose

Home purchase 8 67% · 25.0% denied
Refinance 2 17% · 0.0% denied
Cash-out refinance 2 17% · 0.0% denied

By loan type

Conventional 9 75% · 22.2% denied
VA 3 25% · 0.0% denied

Why it denied New Mexico applicants

Debt-to-income ratio 1 50%
Collateral 1 50%

Where in New Mexico

Counties with the most The Central Trust Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
San Juan County 411 25.0%
Santa Fe County 210 0.0%
Taos County 101 100.0%
Doña Ana County 100 0.0%
Bernalillo County 100 0.0%
Rio Arriba County 100 0.0%
Los Alamos County 100 0.0%
Sandoval 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 3 were originated and 2 denied.

16.7% of all applications, or 40.0% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans The Central Trust Bank originated in New Mexico in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are The Central Trust 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