Metro area · NM
Lenders in Las Cruces, NM
14 lenders made 25 multifamily loans in the Las Cruces, NM metro area in 2024 and 2025, $159M in all. Citizens Bank of Las Cruces made the most, with 8. The typical loan was about $2M.
- Evidence
- Multifamily loans placed in the metro area, HMDA
- Data as of
- HMDA 2025
- Page last changed
- November 11, 2026
- Lenders on record
- 14
- HMDA,
- Multifamily loans, 2024-25
- 25
- HMDA,
- Manufactured-home parks excluded
- Dollars
- $159M
- HMDA,
- Typical loan
- $2M
- HMDA,
Cite this
Source: The Lender Report, Lenders in Las Cruces, NM, https://lender.report/lenders-in/las-cruces-nm/, data as of December 31, 2025.
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This page lists who has made multifamily loans here. Loan Comps shows who has made a loan like yours, with the loans to prove it.
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| Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans |
|---|---|---|---|---|---|---|
| Citizens Bank of Las Cruces multifamily record | Bank | Las Cruces, NM | 8 | $49.4M | 5 | 3 |
| Cedar Rapids Bank and Trust Company multifamily record | Bank | Cedar Rapids, IA | 3 | $34.7M | 1 | 2 |
| First American Bank multifamily record | Bank | Artesia, NM | 2 | $1.54M | 2 | 0 |
| Sunward Credit Union multifamily record | Credit union | Albuquerque, NM | 2 | $860K | 0 | 2 |
| JPMorgan Chase Bank, National Association multifamily record | Bank | Columbus, OH | 1 | $27.0M | 1 | 0 |
| Lument Real Estate Capital multifamily record | Non-bank | Columbus, OH | 1 | $15.0M | 0 | 1 |
| Walker & Dunlop, LLC multifamily record | Non-bank | Bethesda, MD | 1 | $15.0M | 1 | 0 |
| Berkadia Commercial Mortgage multifamily record | Non-bank | Ambler, PA | 1 | $6.00M | 1 | 0 |
| The Central Trust Bank multifamily record | Bank | Jefferson City, MO | 1 | $3.40M | 0 | 1 |
| LendingOne LLC multifamily record | Non-bank | Boca Raton, FL | 1 | $2.00M | 0 | 1 |
| Northmarq Capital Finance, L.L.C. multifamily record | Non-bank | Washington, DC | 1 | $2.00M | 1 | 0 |
| GECU Credit Union multifamily record | Credit union | El Paso, TX | 1 | $1.80M | 1 | 0 |
| Nusenda Credit Union multifamily record | Credit union | Albuquerque, NM | 1 | $1.00M | 0 | 1 |
| Deephaven Mortgage LLC multifamily record | Non-bank | Charlotte, NC | 1 | $400K | 1 | 0 |
| County | Loans | Dollars | Lenders |
|---|---|---|---|
| Doña Ana County, NM | 24 | $154M | 13 |
A county is listed for a year only when the public file holds 5 or more multifamily loans there that year.
| Loan size | Loans |
|---|---|
| Under $1M | 7 |
| $1M to $2.5M | 6 |
| $2.5M to $5M | 3 |
| $5M to $10M | 2 |
| $10M or more | 7 |
- Lenders made 25 multifamily loans totaling $159M in Las Cruces, NM in 2024 and 2025. HMDA,
- 14 of the loans were made in 2025 and 11 in 2024. HMDA,
- The typical loan in Las Cruces, NM was about $2M, with the middle half between $540K and $11M. HMDA,
- 7 of the loans were under $1M, and 9 were $5M or more. HMDA,
- Lenders reported a median rate of 7.00% on 22 loans in Las Cruces, NM, with the middle half between 6.25% and 8.00%. HMDA,
- The median term was 10 years. HMDA,
- The median loan to value was 64%. HMDA,
- 48% of the loans were refinancings and 48% were purchases. HMDA,
- Banks and savings institutions made 15 of the loans, credit unions 4, and non-banks 6. HMDA,
- The five most active lenders made 64.0% of the loans. HMDA,
- The three most active lenders were Citizens Bank of Las Cruces with 8, Cedar Rapids Bank and Trust Company with 3, and First American Bank with 2. HMDA,
- 4 of the 14 lenders are based in New Mexico. The rest are based elsewhere, most often in Ohio, District of Columbia and Florida. HMDA,
- The most common property size was 5 to 24 units, with 12 loans. HMDA,
- 1 county in the metro area has loans on record, and Doña Ana County, NM has the most, with 24. HMDA,
How this list is defined
- Measure
- Multifamily loans made in the Las Cruces, NM metro area
- Period
- 2024 and 2025
- Formula
- Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in the metro area, manufactured-home parks excluded, for each year in which the public file holds 5 or more such loans there.
- Order
- Largest first by loans recorded in the place, then dollars, then name. Payment is not part of the order.
- As of
- 2025
- Source
- HMDA
- Changelog
- : First published, with the data built on this date.
What we don't know
- Whether any of these lenders is taking new loans today.
- What they charge or require beyond the rate and term that HMDA reports.
- Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.
A metro area or county is named for a year only when the public file holds 5 or more multifamily loans there that year, so a small place is never exposed by a count.
HMDA covers dwelling-secured loans. Amounts are the midpoints of $10,000 bands, and each loan has a year, never a date.
Lenders that merged or stopped filing are left out.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.