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CITIZENS BANK OF LAS CRUCES

LAS CRUCES, NM

CITIZENS BANK OF LAS CRUCES processed 392 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 335 loans with a 4.3% denial rate. Home Purchase was the primary loan purpose. Based in LAS CRUCES, NM. The approval rate of 85.5% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. CITIZENS BANK OF LAS CRUCES processed 392 HMDA-reported mortgage applications in 2024, originating 335 loans and denying 17 for a denial rate of 4.3% (applicants themselves withdrew 36 files before a decision). The average loan amount was $265,561 at a 6.779% average note rate, and applicants self-reported an average income of $36,000. The lender reports under LEI 549300L5PE7ZGYRW5Q15 from LAS CRUCES, NM.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. CITIZENS BANK OF LAS CRUCES's 85.5% origination rate tells you how often an application turned into funded money; the 4.3% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Other, Collateral, Insufficient cash, which together explain the majority of rejections. Most activity concentrated in Conventional loans (307 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

392
Applications
335
Originated
4.3%
Denial Rate
$265,561
Avg Loan Amount
Avg Interest Rate: 6.779% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 307 263 13 $256,922
FHA 61 49 4 $274,344
VA 24 23 0 $353,750

Top loan types — CITIZENS BANK OF LAS CRUCES

Top loan types — CITIZENS BANK OF LAS CRUCES Horizontal bar chart of the top 3 items by value (applications). Top loan types — CITIZENS BANK OF LAS CRUCES Top 3 1. Conventional 307 2. FHA 61 3. VA 24 Top 5 loan types by application volume at CITIZENS BANK OF LAS CRUCES (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for CITIZENS BANK OF LAS CRUCES (LEI: 549300L5PE7ZGYRW5Q15) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Other
7
Collateral
4
Insufficient cash
2
Debt-to-income ratio
2
Credit history
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 364 314 $266,484
Refinancing 13 13 $348,077
Cash-out Refinancing 12 7 $208,333
Other 3 1 $25,000

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 310 84.5% 4.5%
Black or African American 10 100.0% 0.0%
Joint 10 80.0% 10.0%
Asian 8 100.0% 0.0%
American Indian or Alaska Native 4 100.0% 0.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Hispanic or Latino 173 80.3% 7.5%
Not Hispanic or Latino 147 89.8% 1.4%
Joint 34 85.3% 2.9%

Nearby Lenders in NM

Other HMDA-reporting lenders in NM with similar activity. Compare any two side-by-side.

NUSENDA FEDERAL CREDIT UNION

ALBUQUERQUE, NM

3,080 apps 1,930 originated 15.5% denied

SUNWARD

ALBUQUERQUE, NM

2,310 apps 1,464 originated 8.5% denied

KIRTLAND FEDERAL CREDIT UNION

ALBUQUERQUE, NM

787 apps 439 originated 27.4% denied

Sandia Area Federal Credit Uni

ALBUQUERQUE, NM

730 apps 425 originated 24.4% denied

U.S. Eagle Federal Credit Union

Albuquerque, NM

530 apps 352 originated 15.1% denied
Compare CITIZENS BANK OF LAS CRUCES vs NUSENDA FEDERAL CREDIT UNION →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did CITIZENS BANK OF LAS CRUCES process?
CITIZENS BANK OF LAS CRUCES processed 392 mortgage applications in the 2023 HMDA reporting year. Of these, 335 were originated (approved and funded), 36 were withdrawn by the applicant, and 17 were denied.
What is CITIZENS BANK OF LAS CRUCES's mortgage approval rate?
CITIZENS BANK OF LAS CRUCES has an approval (origination) rate of 85.5%, meaning 85.5% of all applications resulted in a funded mortgage. The denial rate is 4.3%.
What is the average loan amount at CITIZENS BANK OF LAS CRUCES?
The average mortgage loan amount at CITIZENS BANK OF LAS CRUCES is $265,561. The average interest rate is 6.779%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at CITIZENS BANK OF LAS CRUCES?
The most common reasons for mortgage denial at CITIZENS BANK OF LAS CRUCES are: Other, Collateral, Insufficient cash. In total, 17 applications were denied out of 392 total applications.
What types of mortgage loans does CITIZENS BANK OF LAS CRUCES offer?
CITIZENS BANK OF LAS CRUCES processes Conventional, FHA, VA loans. The most common type is Conventional with 307 applications and an average loan amount of $256,922.
What loan purposes does CITIZENS BANK OF LAS CRUCES serve?
CITIZENS BANK OF LAS CRUCES serves the following loan purposes: Home Purchase (364 applications), Refinancing (13 applications), Cash-out Refinancing (12 applications), Other (3 applications). Home Purchase is the most common purpose.
Where is CITIZENS BANK OF LAS CRUCES located?
CITIZENS BANK OF LAS CRUCES is headquartered in LAS CRUCES, NM. The lender is identified by LEI 549300L5PE7ZGYRW5Q15 in HMDA data.
How does CITIZENS BANK OF LAS CRUCES compare in lending across racial demographics?
CITIZENS BANK OF LAS CRUCES reports demographic lending data under HMDA requirements. White applicants have an approval rate of 84.5% and denial rate of 4.5%; Black or African American applicants have an approval rate of 100.0% and denial rate of 0.0%; Joint applicants have an approval rate of 80.0% and denial rate of 10.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology — how this data is sourced, computed, and verified.