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Doña Ana County, New Mexico · 2025

Mortgage lenders in Doña Ana County, NM: denial rates and top lenders (2025)

277 lenders acted on 7,719 mortgage applications for properties in Doña Ana County in 2025. 19.7% were denied (New Mexico: 18.6%). Median rate on closed loans 6.50%; median loan $205,000; median property value $305,000.

7.7kApplications
19.7%Denial ratestate 18.6%
6.50%Median ratestate 6.63%
$205,000Median loan
$305,000Median property value

Largest lenders in Doña Ana County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 21st Mortgage F 50596 51.1%9.81%
2 Rocket Mortgage C 497343 17.3%6.50%
3 Guild Mortgage A 374267 5.6%6.63%
4 United Shore Financial Services B 367276 11.7%5.83%
5 Citizens Bank of Las Cruces A 361312 3.1%6.62%
6 Vanderbilt Mortgage and Finance F 24720 45.8%9.50%
7 Crosscountry Mortgage B 239156 1.3%6.13%
8 FirstLight Federal Credit Union D 23576 27.7%6.88%
9 Primelending, a Plainscapital A 215167 3.3%6.50%
10 Mortgage Research Center C 17075 16.5%6.13%
11 Broker Solutions D 15254 8.6%6.75%
12 Freedom Mortgage B 13951 7.9%6.25%
13 Pennymac Loan Services C 13850 13.8%6.13%
14 Commerce Home Mortgage C 13181 7.6%6.75%
15 Waterstone Mortgage C 13088 5.4%6.88%
16 Navy Federal Credit Union D 13053 18.5%6.75%
17 U.S. Bank D 12341 49.6%7.70%
18 Nusenda D 11464 14.9%7.56%
19 Loandepot.Com D 11261 24.1%6.99%
20 Bank of America F 10834 39.8%6.43%
21 Newrez D 9536 15.8%6.75%
22 Nova Financial & Investment C 9160 25.3%6.49%
23 AmeriSave Mortgage D 8922 66.3%8.50%
24 CMG Mortgage A 8958 6.7%6.63%
25 Gecu D 8743 14.9%6.50%

Best approval odds in Doña Ana County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Sun American Mortgage530.0%
2Crosscountry Mortgage1671.8%
3Citizens Bank of Las Cruces3243.4%
4Coastal Community Bank573.5%
5Primelending, a Plainscapital1903.7%
6Guild Mortgage3106.8%
7The Loan Store557.3%
8Waterstone Mortgage967.3%
9CMG Mortgage698.7%
10JPMorgan Chase Bank6410.9%

What Doña Ana County borrowers applied for

By loan purpose

Home purchase 4,393 57% · 16.8% denied
Refinance 954 12% · 15.6% denied
Cash-out refinance 1,379 18% · 25.5% denied
Home improvement 394 5% · 28.9% denied
Other / HELOC 599 8% · 27.4% denied

By loan type

Conventional 5,086 66% · 23.0% denied
FHA 1,556 20% · 14.5% denied
VA 1,058 14% · 11.3% denied
USDA / RHS 19 0% · 21.1% denied

Why applications were denied

Credit history 465 31%
Debt-to-income ratio 402 27%
Incomplete application 177 12%
Collateral 163 11%
Other 110 7%
Unverifiable information 108 7%
Insufficient cash 37 3%
Employment history 14 1%
Mortgage insurance denied 1 0%

Doña Ana County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20236,6273,25822.7%6.75%$185,000
20247,6063,85522.1%6.75%$185,000
20257,7194,01319.7%6.50%$205,000

Frequently asked questions

19.7% of applications in Doña Ana County were denied in 2025, against 18.6% statewide in New Mexico.

21st Mortgage, with 505 applications in 2025 and a denial rate of 51.1%.

The median mortgage application in Doña Ana County in 2025 was for $205,000; the median property value on originated loans was $305,000.