PlainLender

DEL NORTE CREDIT UNION

LOS ALAMOS, NM

DEL NORTE CREDIT UNION processed 516 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 321 loans with a 20.0% denial rate. Other was the primary loan purpose. Based in LOS ALAMOS, NM. The approval rate of 62.2% 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. DEL NORTE CREDIT UNION processed 516 HMDA-reported mortgage applications in 2024, originating 321 loans and denying 103 for a denial rate of 20.0% (applicants themselves withdrew 63 files before a decision). The average loan amount was $179,244 at a 6.155% average note rate, and applicants self-reported an average income of $34,000. The lender reports under LEI 2549008US5LUWX2ZH247 from LOS ALAMOS, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. DEL NORTE CREDIT UNION's 62.2% origination rate tells you how often an application turned into funded money; the 20.0% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (516 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.

516
Applications
321
Originated
20.0%
Denial Rate
$179,244
Avg Loan Amount
Avg Interest Rate: 6.155% Avg Applicant Income: $34,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 516 321 103 $179,244

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for DEL NORTE CREDIT UNION (LEI: 2549008US5LUWX2ZH247) · 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

Debt-to-income ratio
53
Credit history
43
Other
37
Employment history
7
Collateral
4
Insufficient cash
1
Unverifiable information
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Other 152 85 $94,408
Home Purchase 139 95 $311,763
Home Improvement 103 76 $107,816
Cash-out Refinancing 91 43 $165,659
Refinancing 31 22 $278,226

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 314 63.7% 18.1%
American Indian or Alaska Native 4 0.0% 75.0%
Asian 2 100.0% 0.0%
Joint 2 0.0% 50.0%
Black or African American 1 0.0% 100.0%

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 185 58.4% 21.6%
Not Hispanic or Latino 120 69.2% 14.2%
Joint 21 66.7% 23.8%

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 DEL NORTE CREDIT UNION 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 DEL NORTE CREDIT UNION process?
DEL NORTE CREDIT UNION processed 516 mortgage applications in the 2023 HMDA reporting year. Of these, 321 were originated (approved and funded), 63 were withdrawn by the applicant, and 103 were denied.
What is DEL NORTE CREDIT UNION's mortgage approval rate?
DEL NORTE CREDIT UNION has an approval (origination) rate of 62.2%, meaning 62.2% of all applications resulted in a funded mortgage. The denial rate is 20.0%.
What is the average loan amount at DEL NORTE CREDIT UNION?
The average mortgage loan amount at DEL NORTE CREDIT UNION is $179,244. The average interest rate is 6.155%. The average applicant income is $34,000.
What are the most common reasons for mortgage denial at DEL NORTE CREDIT UNION?
The most common reasons for mortgage denial at DEL NORTE CREDIT UNION are: Debt-to-income ratio, Credit history, Other. In total, 103 applications were denied out of 516 total applications.
What types of mortgage loans does DEL NORTE CREDIT UNION offer?
DEL NORTE CREDIT UNION processes Conventional loans. The most common type is Conventional with 516 applications and an average loan amount of $179,244.
What loan purposes does DEL NORTE CREDIT UNION serve?
DEL NORTE CREDIT UNION serves the following loan purposes: Other (152 applications), Home Purchase (139 applications), Home Improvement (103 applications), Cash-out Refinancing (91 applications), Refinancing (31 applications). Other is the most common purpose.
Where is DEL NORTE CREDIT UNION located?
DEL NORTE CREDIT UNION is headquartered in LOS ALAMOS, NM. The lender is identified by LEI 2549008US5LUWX2ZH247 in HMDA data.
How does DEL NORTE CREDIT UNION compare in lending across racial demographics?
DEL NORTE CREDIT UNION reports demographic lending data under HMDA requirements. White applicants have an approval rate of 63.7% and denial rate of 18.1%; American Indian or Alaska Native applicants have an approval rate of 0.0% and denial rate of 75.0%; Asian applicants have an approval rate of 100.0% and denial rate of 0.0%. 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.