Rio Grande Credit Union mortgage approval rate & lending review
Rio Grande Credit Union decided 380 mortgage applications and funded 304 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Rio Grande Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Rio Grande Credit Union at a glance
Approval is 8.1 points above the 73.4% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 96% | 77 / 80 | 99% | $235K | 76 |
| Home improvement loans | 77% | 62 / 81 | 98% | $65K | 61 |
| Cash-out refinance | 75% | 85 / 113 | 98% | $105K | 83 |
| Refinance | 84% | 76 / 90 | 99% | $115K | 75 |
Rio Grande Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New Mexico | 82% | $115K | 380 | 304 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Rio Grande Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Bernalillo County, NM | Cash-out refinance | 76% | 99 | 74 |
| Bernalillo County, NM | Mortgage lenders | 97% | 68 | 65 |
| Bernalillo County, NM | Refinance | 82% | 77 | 62 |
| Bernalillo County, NM | Home improvement loans | 76% | 72 | 54 |
The county markets where Rio Grande Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Rio Grande Credit Union
What is Rio Grande Credit Union's mortgage approval rate?
Rio Grande Credit Union approved 81.6% of the 380 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 8.1 points above the 73.4% national rate for the same mix of loan types.
How often do borrowers take the loan Rio Grande Credit Union offers?
Borrowers accepted 98% of the loans Rio Grande Credit Union approved, against 94% for all cash-out refinance lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Rio Grande Credit Union make?
The typical cash-out refinance loan Rio Grande Credit Union made was $105K; across all loan types its typical loan ran from $65K to $235K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Rio Grande Credit Union lend?
Rio Grande Credit Union decided applications in 1 of the states Fat Boy Data covers, most of them in New Mexico.
Can I apply to Rio Grande Credit Union directly?
Yes. Rio Grande Credit Union is a bank or credit union with 11 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Rio Grande Credit Union's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Rio Grande Credit Union treats applications, then get a rate quote from the lender.