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Mortgage Lenders and Brokers in Rio Rancho, New Mexico

Content reviewed by

Brian McKay | iEditorial Disclosure | ✓Fact Checked | Loan Rates Last Updated and Verified: October 7, 2026

Rio Rancho, New Mexico mortgage lenders include Bokf NABokf NA3901 Southern Blvd Se, Rio Rancho, NM 87124A+5.0 ★Texas Ratio: 1.05%, Wells Fargo Bank NAWells Fargo Bank NA4110 Meadowlark Ln Se, Rio Rancho, NM 87124A+5.0 ★Texas Ratio: 5.36%, Bank of America NABank of America NA3101 Southern Blvd Se, Rio Rancho, NM 87124A+5.0 ★Texas Ratio: 4.14%, US Bank, N.A.US Bank, N.A.1781 Rio Rancho Blvd Se, Rio Rancho, NM 87124A+5.0 ★Texas Ratio: 2.85%, PNC Bank N.A.PNC Bank N.A.1201 Rio Rancho Blvd Se, Rio Rancho, NM 87124A+5.0 ★Texas Ratio: 4.24%, Umb Bank NAUmb Bank NA7830 Enchanted Hills Blvd Ne, Rio Rancho, NM 87144A+5.0 ★Texas Ratio: 1.78%, BMO Harris Bank NABMO Harris Bank NA3735 Southern Blvd Se, Rio Rancho, NM 87124A+5.0 ★Texas Ratio: 3.54%, Nusenda Federal Credit UnionNusenda Federal Credit Union7840 Enchanted Hills Blvd NE, Rio Rancho, NM 87144A+5.0 ★Texas Ratio: 5.40%, SunwardSunward1900 Wellspring Ave SE, Rio Rancho, NM 87124 4791A+5.0 ★Texas Ratio: 2.97%, and Kirtland Federal Credit UnionKirtland Federal Credit Union111 Rio Rancho NE Ste 112, Rio Rancho, NM 87124 7020A+5.0 ★Texas Ratio: 3.99%. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.

Lenders are ranked only by the number of home loans they closed in Rio Rancho, New Mexico in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Rio Rancho are listed first, then lenders elsewhere in New Mexico, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.

Mortgage Lenders and Brokers in Rio Rancho, New Mexico

Market share is the lender's share of all home loans closed in Rio Rancho, New Mexico. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.

Lender	Programs	Loans closed	Market share	Approval share	Average loan	View
Bokf NA 1 office in Rio Rancho 3901 Southern Blvd Se, Rio Rancho, NM 87124 A+5.0 ★Texas Ratio: 1.05%	Conventional, FHA, VA, HELOC	73 +22 HELOCs	2.1%	85.9%	$311,712	View
Wells Fargo Bank NA 1 office in Rio Rancho 4110 Meadowlark Ln Se, Rio Rancho, NM 87124 A+5.0 ★Texas Ratio: 5.36%	Conventional, VA	18	0.5%	81.8%	$250,000	View
Bank of America NA 1 office in Rio Rancho 3101 Southern Blvd Se, Rio Rancho, NM 87124 A+5.0 ★Texas Ratio: 4.14%	Conventional, HELOC	12 +30 HELOCs	0.4%	92.3%	$281,666	View
US Bank, N.A. 1 office in Rio Rancho 1781 Rio Rancho Blvd Se, Rio Rancho, NM 87124 A+5.0 ★Texas Ratio: 2.85%	Conventional, VA, Jumbo, HELOC	12 +13 HELOCs	0.4%	54.5%	$367,500	View
PNC Bank N.A. ★ 1.7 stars, 3 reviews 1 office in Rio Rancho 1201 Rio Rancho Blvd Se, Rio Rancho, NM 87124 A+5.0 ★Texas Ratio: 4.24%	Conventional, HELOC	3 +11 HELOCs	0.1%	100%	$271,666	View
Umb Bank NA 2 offices in Rio Rancho 7830 Enchanted Hills Blvd Ne, Rio Rancho, NM 87144 A+5.0 ★Texas Ratio: 1.78%	Conventional, VA, HELOC	3 +3 HELOCs	0.1%	100%	$241,666	View
BMO Harris Bank NA 1 office in Rio Rancho 3735 Southern Blvd Se, Rio Rancho, NM 87124 A+5.0 ★Texas Ratio: 3.54%	Conventional, Jumbo, HELOC	2 +13 HELOCs	0.1%	66.7%	$655,000	View
Nusenda Federal Credit Union 7840 Enchanted Hills Blvd NE, Rio Rancho, NM 87144 A+5.0 ★Texas Ratio: 5.40%	Conventional, FHA, VA, HELOC	159 +27 HELOCs	4.6%	86.5%	$104,811	View
Sunward 1900 Wellspring Ave SE, Rio Rancho, NM 87124 4791 A+5.0 ★Texas Ratio: 2.97%	Conventional, HELOC	63 +50 HELOCs	1.8%	95.5%	$264,206	View
Kirtland Federal Credit Union 111 Rio Rancho NE Ste 112, Rio Rancho, NM 87124 7020 A+5.0 ★Texas Ratio: 3.99%	Conventional, HELOC	51 +23 HELOCs	1.5%	90.2%	$150,294	View
JPMorgan Chase Bank, NA 9261 Coors Blvd Nw, Albuquerque, NM 87114 A+5.0 ★Texas Ratio: 3.68%	Conventional, HELOC	48 +4 HELOCs	1.4%	98%	$272,500	View
U.S. Eagle Federal Credit Union 3939 Osuna Rd NE, Albuquerque, NM 87109 4431 F2.6 ★Texas Ratio: 44.42%	Conventional, HELOC	36 +14 HELOCs	1.1%	85.7%	$95,277	View
First Financial Credit Union 2201 Rio Rancho Blvd SE, Rio Rancho, NM 87124 A+5.0 ★Texas Ratio: 4.65%	Conventional	25	0.7%	83.3%	$155,400	View
Sunflower Bank, N.A. 7300 Jefferson St Ne, Albuquerque, NM 87109 A5.0 ★Texas Ratio: 10.77%	Conventional, FHA, VA	22	0.6%	100%	$350,909	View
State Employees Credit Union 7851 Enchanted Hills Blvd NE, Rio Rancho, NM 87144 8735 C+4.1 ★Texas Ratio: 26.01%	Conventional, HELOC	13 +5 HELOCs	0.4%	87.5%	$137,307	View
Rio Grande Credit Union 1526 Unser Blvd SE, Rio Rancho, NM 87124 A+5.0 ★Texas Ratio: 5.38%	Conventional	12	0.4%	72.2%	$156,666	View
Del Norte Credit Union 3634 NM Hwy 528 NE, Rio Rancho, NM 87144 A+5.0 ★Texas Ratio: 3.00%	Conventional	10	0.3%	90.9%	$246,000	View
Guadalupe Credit Union 1520 Paseo del Pueblo Norte, El Prado, NM 87529 A5.0 ★Texas Ratio: 7.15%	Conventional	3	0.1%	100%	$245,000	View
First Ciitizens Bank and Trust 7300 Jefferson St Ne, Albuquerque, NM 87109 A5.0 ★Texas Ratio: 7.72%	Conventional, Jumbo	2	0.1%	100%	$565,000	View
City Bank 135 El Paso Rd, Ruidoso, NM 88345 A+5.0 ★Texas Ratio: 1.71%	Conventional	1	0%	100%	$255,000	View
Enterprise Bank & Trust 7445 Pan American Freeway Ne, Albuquerque, NM 87109 A5.0 ★Texas Ratio: 7.31%	Conventional	1	0%	100%	$185,000	View
Sandia Area Federal Credit Uni	Conventional	78	2.3%	71.8%	$84,102
Rocket Mortgage	Conventional, FHA, VA, Jumbo	291	8.5%	85.5%	$199,742
United Wholesale Mortgage	Conventional, FHA, VA, Jumbo, HELOC	248 +6 HELOCs	7.2%	90.6%	$377,701
Guild Mortgage Company	Conventional, FHA, VA, Jumbo	206	6%	97.7%	$251,844
Waterstone Mortgage Corporation	Conventional, FHA, VA	198	5.8%	94.8%	$214,292
Pulte Mortgage LLC	Conventional, FHA, VA	185	5.4%	84.1%	$419,432
Primary Residential Mortgage, INC.	Conventional, FHA, VA	130	3.8%	89%	$308,692
DHI Mortgage Company, LTD.	Conventional, FHA, VA	92	2.7%	83.6%	$382,717
Cmg Mortgage Inc	Conventional, FHA, VA, USDA, HELOC	91 +3 HELOCs	2.7%	94.4%	$197,197
Calcon Mutual Mortgage LLC	Conventional, FHA, VA	79	2.3%	100%	$356,898
Mortgage Research Center	Conventional, FHA, VA	69	2%	76.1%	$365,869
loanDepot.com LLC	Conventional, FHA, VA, HELOC	64 +1 HELOCs	1.9%	73.6%	$237,968
Freedom Mortgage Corporation	Conventional, FHA, VA	64	1.9%	83.2%	$359,531
Homeamerican Mortgage Corporation	Conventional, FHA, VA	61	1.8%	88.9%	$426,639
Pennymac Loan Services LLC	Conventional, FHA, VA	57	1.7%	80.8%	$239,736
Builders Choice Mortgage LLC	Conventional, FHA, VA	50	1.5%	96.2%	$297,800
Nationstar Mortgage	Conventional, FHA, VA	49	1.4%	83.1%	$159,081
Navy Federal Credit Union A5.0 ★Texas Ratio: 8.14%	Conventional, VA, HELOC	40 +5 HELOCs	1.2%	69%	$285,250
Movement Mortgage, LLC	Conventional, FHA, VA	33	1%	100%	$243,787
Guaranteed Rate, Inc.	Conventional, FHA, VA, HELOC	32 +2 HELOCs	0.9%	94.1%	$213,125
New American Funding, LLC.	Conventional, FHA, VA, HELOC	31 +2 HELOCs	0.9%	77.5%	$230,806
American Pacific Mortgage Corporation	Conventional, FHA	30	0.9%	81.1%	$178,000
CrossCountry Mortgage, LLC	Conventional, FHA, VA	29	0.8%	93.5%	$328,448
Mortgage Solutions of Colorado	Conventional, FHA, VA	27	0.8%	96.7%	$271,296
Newrez LLC	Conventional, FHA, VA	26	0.8%	64.3%	$297,307
Plaza Home Mortgage, Inc	Conventional, FHA, VA	26	0.8%	93.1%	$308,846
Lakeview Loan Servicing, LLC	Conventional, FHA, VA	25	0.7%	74.5%	$199,800
Directors Mortgage, Inc	Conventional, FHA, VA, Jumbo	22	0.6%	88.5%	$261,818
Mutual of Omaha Mortgage	Conventional, FHA, VA	20	0.6%	74.2%	$320,000
Hometrust Mortgage Company	Conventional, FHA, VA	20	0.6%	87%	$346,000
VanDyk Mortgage Corporation	Conventional, FHA, VA	19	0.6%	95%	$314,473
Kind Lending, LLC	Conventional, FHA, VA	17	0.5%	70.8%	$406,176
New Day Financial, LLC.	VA	17	0.5%	75%	$320,882
Amerisave Mortgage Company	Conventional, FHA	14	0.4%	30.4%	$114,285
Usaa Federal Savings Bank B-3.5 ★Texas Ratio: 6.80%	Conventional, VA	14	0.4%	82.4%	$352,142	View
Village Capital & Investment	FHA, VA	14	0.4%	91.3%	$404,285
Spring Eq, LLC	Conventional, HELOC	12 +8 HELOCs	0.4%	34.3%	$76,666
American Financial Resources LLC	Conventional, FHA	11	0.3%	100%	$296,818
Evergreen Moneysource Mortgage Company	Conventional, FHA	11	0.3%	86.7%	$109,545
Carrington Mortgage Services LLC	Conventional, FHA, VA	11	0.3%	58.6%	$265,909
Primelending	Conventional, FHA, VA	10	0.3%	83.3%	$266,000
Bell Bank A+5.0 ★Texas Ratio: 3.66%	Conventional, FHA, VA	10	0.3%	100%	$268,000	View
Union Home Mortgage Corp.	Conventional, FHA, VA	10	0.3%	100%	$361,000
V.I.P. Mortgage, Inc.	Conventional, FHA, VA	10	0.3%	100%	$307,000
Sierra Pacific Mortgage Co. Inc	Conventional, FHA, HELOC	9 +2 HELOCs	0.3%	100%	$349,444
Gold Star Mortgage Financial Group, Corporation	Conventional, VA	9	0.3%	91.7%	$182,777
AdvantageFirst Lending Inc	Conventional, FHA, VA	8	0.2%	72.7%	$310,000
SIRVA Mortgage, Inc.	Conventional	8	0.2%	90%	$288,750
The Federal Savings Bank B+4.8 ★Texas Ratio: 16.98%	VA	8	0.2%	66.7%	$370,000	View
Equity Prime Mortgage LLC	FHA, VA	7	0.2%	100%	$383,571
American Financial Network, Inc.	Conventional, FHA	7	0.2%	58.3%	$242,142
Better Mortgage Corporation	Conventional, VA	7	0.2%	63.6%	$357,857
HomeBridge Financial Services, Inc	Conventional, FHA, VA, HELOC	6 +8 HELOCs	0.2%	75%	$373,333
Envoy Mortgage, Ltd	Conventional, FHA, VA	6	0.2%	100%	$318,333
Cornerstone Capital Bank, Ssb A+5.0 ★Texas Ratio: 3.21%	Conventional, FHA	6	0.2%	100%	$206,666	View
Intercap Lending Inc	Conventional, FHA, VA	6	0.2%	100%	$468,333
Click n' Close, Inc.	Conventional, VA	6	0.2%	100%	$343,333
ClearPath Lending	VA	6	0.2%	100%	$408,333
Nations Lending Corporation	Conventional, VA	6	0.2%	100%	$416,666
Goodleap, LLC	Conventional, FHA, HELOC	5 +5 HELOCs	0.1%	70%	$221,000
Premia Mortgage, LLC A5.0 ★Texas Ratio: 13.21%	Conventional, FHA	5	0.1%	100%	$437,000	View
Everett Financial, Inc.	Conventional, FHA, VA	5	0.1%	100%	$571,000
Colorado Federal Savings Bank A+5.0 ★Texas Ratio: 3.16%	Conventional	5	0.1%	100%	$427,000	View
Nbkc Bank	Conventional, VA	5	0.1%	83.3%	$313,000
Sun West Mortgage Company, Inc	FHA, VA, Jumbo	5	0.1%	83.3%	$367,000
Planet Home Lending, LLC	Conventional, FHA, VA	5	0.1%	83.3%	$341,000
First Federal Bank A+5.0 ★Texas Ratio: 1.10%	Conventional, VA	5	0.1%	83.3%	$421,000	View
Zillow Home Loans, LLC	Conventional	5	0.1%	100%	$325,000
Loanunited.Com, LLC	VA	4	0.1%	80%	$427,500
Discover Bank	Conventional	4	0.1%	17.4%	$100,000
Cardinal Financial Company, Li	Conventional, VA	4	0.1%	100%	$390,000
Veritas Funding, LLC	FHA, VA	4	0.1%	100%	$277,500
Magnolia Bank A-5.0 ★Texas Ratio: 14.97%	VA	4	0.1%	80%	$365,000	View
Right Start Mortgage, Inc	Conventional, FHA	4	0.1%	100%	$300,000
Fairway Independent Mort Corp	Conventional, FHA, VA	4	0.1%	100%	$317,500
Sofi Bank, National Association A+5.0 ★Texas Ratio: 0.51%	Conventional, FHA	4	0.1%	66.7%	$262,500	View
Plains Commerce Bank A5.0 ★Texas Ratio: 9.09%	Conventional, FHA, VA	4	0.1%	100%	$312,500	View
Sage Home Loans Corporation	Conventional	3	0.1%	75%	$348,333
AmeriHome Mortgage Company, LLC	FHA, VA	3	0.1%	60%	$318,333
Das Acquisition Company, LLC	Conventional, FHA	3	0.1%	100%	$331,666
AERO Federal Credit Union	Conventional	3	0.1%	100%	$161,666
American Financing Corporation	Conventional	3	0.1%	30%	$111,666
Gardner Financial Services	Conventional, FHA	3	0.1%	100%	$305,000
Barrington Bank & Trust Company, N.A. A+5.0 ★Texas Ratio: 2.20%	Conventional, VA	3	0.1%	100%	$355,000	View
Nexbank A-5.0 ★Texas Ratio: 14.93%	Conventional	3	0.1%	100%	$225,000	View
Nations Direct Mortgage, LLC	Conventional, FHA	3	0.1%	75%	$201,666
Loan Simple, Inc.	FHA	3	0.1%	100%	$328,333
America First Federal Credit Union A5.0 ★Texas Ratio: 8.33%	Conventional, HELOC	2 +7 HELOCs	0.1%	50%	$55,000
Alliant Credit Union	Conventional, VA, HELOC	2 +2 HELOCs	0.1%	100%	$420,000
The Loan Store, Inc	Conventional, FHA, HELOC	2 +2 HELOCs	0.1%	100%	$265,000
A&D Mortgage LLC A+5.0 ★Texas Ratio: 4.11%	Conventional	2	0.1%	100%	$455,000	View
First Community Mortgage, Inc.	FHA, VA	2	0.1%	100%	$290,000
Neighborhood Loans, Inc	Conventional	2	0.1%	33.3%	$10,000
Farmers Insurance Federal Credit Union	Conventional	2	0.1%	100%	$210,000
PHH Mortgage Corporation	VA	2	0.1%	100%	$330,000
Ocmbc, Inc.	Conventional	2	0.1%	66.7%	$135,000
Ally Bank A5.0 ★Texas Ratio: 8.00%	Conventional	2	0.1%	100%	$520,000	View
Leader Bank NA A+5.0 ★Texas Ratio: 0.22%	Conventional	2	0.1%	100%	$220,000	View
Churchill Mortgage Corporation	Conventional	2	0.1%	100%	$310,000
Lendsure Mortgage Corp.	Conventional	2	0.1%	100%	$275,000
Community First National Bank A+5.0 ★Texas Ratio: 1.41%	Conventional, VA	2	0.1%	100%	$385,000	View
Mission Loans, LLC	Conventional	2	0.1%	100%	$110,000
Summit Funding.Inc	Conventional, FHA	2	0.1%	66.7%	$335,000
Prosperity Home Mortgage, LLC	Conventional, FHA	2	0.1%	100%	$480,000
Morgan Stanley Private Bank NA A4.8 ★Texas Ratio: 2.45%	Conventional	2	0.1%	100%	$460,000	View
21St Mortgage	Conventional	2	0.1%	27.3%	$155,000
Vanderbilt Mortgage and Finance, Inc	Conventional	2	0.1%	18.2%	$235,000
Southwest Funding LP	Conventional	2	0.1%	100%	$410,000
Valon Mortgage	FHA, HELOC	1 +3 HELOCs	0%	50%	$245,000
Pentagon Federal Credit Union	VA, HELOC	1 +2 HELOCs	0%	33.3%	$405,000
Flagstar Bank NA D3.3 ★Texas Ratio: 35.11%	FHA, HELOC	1 +1 HELOCs	0%	50%	$415,000	View
Mountain America Federal Credit Union A5.0 ★Texas Ratio: 9.78%	Conventional, HELOC	1 +1 HELOCs	0%	40%	$45,000
Firefighters First Federal Credit Union	Conventional, HELOC	1 +1 HELOCs	0%	100%	$155,000
Arc Home LLC	Conventional	1	0%	100%	$485,000
Cornerstone First Mortgage, LLC	VA	1	0%	100%	$365,000
Huntington National Bank A+5.0 ★Texas Ratio: 3.66%	Conventional	1	0%	100%	$345,000	View
Fundloans Capital	Conventional	1	0%	100%	$255,000
Stride Bank, National Association A5.0 ★Texas Ratio: 6.15%	VA	1	0%	100%	$585,000	View
Charles Schwab Bank, Ssb A+5.0 ★Texas Ratio: 0.14%	Conventional	1	0%	100%	$335,000	View
MidFirst Bank A+5.0 ★Texas Ratio: 4.93%	VA	1	0%	100%	$85,000	View
SWBC Mortgage Corporation	FHA	1	0%	100%	$445,000
Servion	Conventional	1	0%	100%	$165,000
Fidelity Bank A5.0 ★Texas Ratio: 12.33%	Conventional	1	0%	100%	$275,000	View
NOVA Financial & Investment Corporation	FHA	1	0%	100%	$285,000
MortgageOne, Inc	VA	1	0%	50%	$305,000
Orchard Mortgage, LLC	Conventional	1	0%	100%	$305,000
Security Home Mortgage	Conventional	1	0%	100%	$435,000
Deephaven Mortgage LLC	Conventional	1	0%	100%	$225,000
Princeton Mortgage Corporation	VA	1	0%	100%	$395,000
Citizens Bank, NA A+5.0 ★Texas Ratio: 5.44%	Conventional	1	0%	50%	$225,000	View
Valley West Corporation	Conventional	1	0%	100%	$385,000
HomeXpress Mortgage Corp.	FHA	1	0%	100%	$295,000
Success Mortgage Partners, Inc	FHA	1	0%	100%	$485,000
Goldwater Bank, N.A. C+4.1 ★Texas Ratio: 26.20%	Conventional	1	0%	100%	$635,000	View
Bank of Whittier, Na A+5.0 ★Texas Ratio: 0.00%	Conventional	1	0%	100%	$205,000	View
Nfm, Inc	Conventional	1	0%	100%	$225,000
American Internet Mortgage, Inc.	Conventional	1	0%	100%	$435,000
Deseret First Credit Union	Conventional	1	0%	100%	$585,000
Servis One, Inc	Conventional	1	0%	100%	$155,000
Peoples Mortgage Company	Conventional	1	0%	100%	$655,000
Loanpeople, LLC	Conventional	1	0%	100%	$505,000
Franklin Loan Corporation	Conventional	1	0%	100%	$325,000
T2 Financial LLC	Conventional	1	0%	100%	$65,000
Arvest Bank A5.0 ★Texas Ratio: 7.48%	Conventional	1	0%	100%	$675,000	View
Stifel Bank & Trust A-4.8 ★Texas Ratio: 12.33%	Conventional	1	0%	100%	$215,000	View
Cadence Lending Group, Inc.	Conventional	1	0%	100%	$265,000
Member First Mortgage, LLC	FHA	1	0%	50%	$405,000
University Bank A+5.0 ★Texas Ratio: 3.82%	Conventional	1	0%	100%	$285,000	View
Fifth Third Bank, National Association A+5.0 ★Texas Ratio: 3.22%	Conventional	1	0%	50%	$335,000	View
Lower, LLC	Conventional	1	0%	25%	$265,000
American Partners Federal Credit Union	Conventional	1	0%	100%	$165,000
Nexera Holding LLC	Conventional	1	0%	100%	$195,000
Texana Bank	FHA	1	0%	100%	$325,000
Mason-McDuffie Mortgage Corporation	Conventional	1	0%	100%	$505,000
Top Flite Financial, Inc.	FHA	1	0%	100%	$365,000
JMAC Lending, Inc.	FHA	1	0%	100%	$235,000
Coastal Community Bank B4.5 ★Texas Ratio: 20.96%	HELOC	0 +29 HELOCs	0%	n/a		View
Figure Lending LLC	HELOC	0 +18 HELOCs	0%	n/a
Lendage, LLC dba Achieve Loans	HELOC	0 +10 HELOCs	0%	n/a
Quorum Federal Credit Union	HELOC	0 +5 HELOCs	0%	n/a
Nuvision Federal Credit Union	HELOC	0 +2 HELOCs	0%	n/a
Chevron Federal Credit Union	HELOC	0 +1 HELOCs	0%	n/a
Service Federal Credit Union	HELOC	0 +1 HELOCs	0%	n/a
Credit Union of Colorado, A Federal Credit Union A+5.0 ★Texas Ratio: 3.16%	HELOC	0 +1 HELOCs	0%	n/a		View

Lender counts and market shares come from 2025 federal HMDA loan data, the public record of mortgage applications and closings. Health grades: MonitorBankRates, rates as of Oct 7, 2026.

Rio Rancho Mortgage Rate Trends

Daily average mortgage rates for New Mexico compared with the national average, updated every evening.

30-Year Fixed NM Avg

7.405%

▲ 0.115 vs 7 days ago

15-Year Fixed NM Avg

6.857%

▲ 0.052 vs 7 days ago

Mortgage Lenders and Mortgage Brokers Near Me in Rio Rancho, New Mexico

Looking for mortgage lenders near me or mortgage brokers near me in Rio Rancho? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Rio Rancho in 2025, with lenders based there listed first.

Types of Mortgage Lenders in Rio Rancho, NM

Use these to narrow the list above. Each category shows how many Rio Rancho, NM lenders fit and what that kind of lender is usually best for.

Mortgage companies and brokers 112 lenders. Nonbank lenders and brokers that shop several wholesale lenders; often the fastest closings Banks 48 lenders. Local and national banks with branches, portfolio and jumbo loans, and an MBR health grade Credit unions 25 lenders. Member owned, often lower fees and flexible underwriting for members FHA lenders 79 lenders. 3.5 percent down and credit scores into the 500s; the usual route for bad credit or low down payment buyers VA lenders 78 lenders. No down payment and no mortgage insurance for eligible veterans and service members USDA lenders 1 lenders. Zero down loans in eligible rural and suburban areas Jumbo lenders 8 lenders. Loans above the conforming limit for higher priced homes Local lenders based in NM 10 lenders headquartered in New Mexico, the closest thing to a mortgage lender near you

Who Lends in Rio Rancho, NM

Independent mortgage companies closed 70.6 percent of home loans in Rio Rancho, New Mexico in 2025, banks 14.7 percent and credit unions 14.7 percent. Rocket Mortgage was the largest mortgage company, Bokf NA the largest bank and Nusenda Federal Credit Union the largest credit union. Among lenders headquartered in New Mexico, Nusenda Federal Credit Union led with 159 loans.

70.6%

Mortgage companies

14.7%

Banks

14.7%

Credit unions

22%

FHA loans

18%

VA loans

How to Read This List

A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.

Title or escrow companies usually handle closings in New Mexico. None. New Mexico has no real estate transfer tax and no mortgage recording tax, only per document county recording fees.

More New Mexico Mortgage Lender Pages

All New Mexico lenders 442 lenders Albuquerque 254 lenders Las Cruces 169 lenders Santa Fe 164 lenders Roswell 85 lenders Alamogordo 101 lenders Farmington 94 lenders Carlsbad 105 lenders Clovis 82 lenders Los Lunas 88 lenders South Valley 81 lenders Rio Rancho Estates 93 lenders Hobbs 62 lenders

Frequently Asked Questions About Mortgage Lenders in Rio Rancho, NM

Who is the largest mortgage lender in Rio Rancho, NM?

By home loans closed in 2025, Bokf NA was the largest mortgage lender in Rio Rancho, New Mexico with 73 loans, about 2.1 percent of the market. The largest lender headquartered in New Mexico was Nusenda Federal Credit Union with 159 loans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

Which mortgage lenders in Rio Rancho, NM have the highest approval rates?

Among lenders with meaningful volume in Rio Rancho, New Mexico, Calcon Mutual Mortgage LLC approved the highest share of completed applications in 2025 at 100 percent, against a 84.2 percent average for all lenders. Approval share reflects the applicants a lender attracts as much as its underwriting, so compare it alongside loan programs and median loan size. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

Which Rio Rancho, NM mortgage lenders offer FHA, VA and USDA loans?

79 lenders closed FHA loans in Rio Rancho, New Mexico in 2025, led by United Wholesale Mortgage with 72. 78 lenders closed VA loans, led by United Wholesale Mortgage, and 1 closed USDA rural loans. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

Are credit unions and local banks included in this Rio Rancho, NM lender list?

Yes. 48 banks and 25 credit unions closed home loans in Rio Rancho, New Mexico in 2025, alongside 112 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.

How are mortgage lenders in Rio Rancho, NM ranked on this page?

Lenders are ranked only by the number of home loans they closed in Rio Rancho, New Mexico during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.

Methodology and Sources

Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in Rio Rancho, New Mexico for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up Rio Rancho. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.