Mortgage lending in Las Cruces, NM

4,014 mortgages were originated in the Las Cruces, NM area in 2025, and here is what they cost.

Loans originated

4,014

Median rate

6.500%

Median lender fees

$5,887

The going rate is the federal "average prime offer rate" for a comparable loan; 0.5 means half a percentage point above it.

Median loan amount

$225,000

Above the going rate (spread over APOR)

0.289

Paid discount points

48.4%

Received lender credits

24.4%

Purchases / refinances

63.5% / 26.1%

Conventional / FHA / VA

62.1% / 22.6% / 15%

Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 82.2% of loans here — see methodology.

Who lent here

Lenders with at least 50 loans in the Las Cruces, NM area, ranked by volume.