DSCR Loans in Doña Ana County, New Mexico
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
LinkedIn35 closed transactionsNLPI LLC, NJ entity ID 0451062247 (verify on the NJ business search)
In 2025 HMDA data, 75 lenders made 236 investment-property loans in Doña Ana County, 11.2% of New Mexico's total. Dominick Prevete arranges DSCR loans across Doña Ana County, New Mexico, qualified on the property's rent, not your tax returns. DSCR rental loans start from 7.25% (November 2026), and most close in 14 days. At HUD's fair market rent, a three-bedroom rental there covers its full payment up to a price of about $225,000.
Doña Ana County investor market at a glance
| Statistic | Doña Ana County | New Mexico | County rank |
|---|---|---|---|
| Investor loans | 236 | 2,102 | 2nd of 4 |
| Reporting lenders | 75 | 240 | 2nd of 4 |
| Loan volume | $48.1M | $528.0M | 3rd of 4 |
| Average loan | $204K | $251K | 4th of 4 |
| Median loan | $185K | $215K | 4th of 4 |
| Purchases | 64.0% | 56.5% | 2nd of 4 |
| Cash-out refinances | 21.2% | 25.1% | 2nd of 4 |
| 2–4 unit properties | 11.9% | 13.4% | 2nd of 4 |
| Top five lenders' share | 37.3% | 22.0% | 1st of 4 |
| Reported business-purpose | 72.5% | 63.4% | 1st of 4 |
Doña Ana County: closed-end loans on 1–4 unit investment properties. Doña Ana County's rank is highest first, among New Mexico's counties with at least 100 investor loans and 25 reporting lenders. Shares are of Doña Ana County's investor loans.
What stands out in Doña Ana County
By share of investor loans reported as business-purpose, Doña Ana County ranks highest of New Mexico's 4 counties with published data (statewide: 63.4%).
72.5% of investor loans here were reported as business-purpose, the only kind of financing Dominick arranges.
The average investor loan in Doña Ana County was $204K, the lowest average of New Mexico's 4 counties with published data (statewide: $251K).
Loans here run small. DSCR loans Dominick arranges start at $75,000.
The five most active lenders wrote 37.3% of Doña Ana County's investor loans, the highest share of New Mexico's 4 counties with published data (statewide: 22.0%).
Five lenders write 37.3% of the loans here, so comparing written term sheets matters more.
Does a DSCR loan pencil in Doña Ana County?
At HUD's fair market rent of $1,461 for a 3-bedroom in Doña Ana County, New Mexico, a rental covers its full DSCR payment up to a purchase price of about $225,000, with 20% down at the 7.25% starting rate (November 2026). Doña Ana County's median home value is $220,800; at that price the payment is $1,420 a month, so the property would need $1,425 in rent to cover it.
At that price, the rent covers the full payment, which is the test a standard DSCR loan qualifies on.
| HUD fair market rent, 2 / 3 / 4 bedroom (FY2027) | $1,073 / $1,461 / $1,692 |
|---|---|
| Median home value (2020–2024 ACS 5-year) | $220,800 |
| Median property taxes and effective rate | $1,480 (0.67% of value) |
| Monthly payment on the median-value home: P&I, taxes, insurance | $1,420 |
| Rent needed to cover that payment | $1,425 |
| Coverage of a 3-bedroom at fair market rent | 1.03 |
| Highest price a 3-bedroom at fair market rent covers | about $225,000 |
Fair market rent is HUD's 40th-percentile gross rent, including utilities; a property's appraised market rent can be higher or lower. Payment uses 20% down, a 30-year amortization at the published DSCR starting rate, the county's median effective property-tax rate and insurance at 0.50% of value. Purchase leverage goes up to 85% on qualifying files. This is an illustration, not a term sheet or an offer of credit.
Price your actual deal →Run Doña Ana County's numbers in the calculator below →
Who are the DSCR and investment-property lenders in Doña Ana County?
The most active investment-property lenders in Doña Ana County in 2025 HMDA data were Citizens Bank of Las Cruces; UNITED SHORE FINANCIAL SERVICES, LLC; and CROSSCOUNTRY MORTGAGE, INC., out of 75 lenders that reported. HMDA doesn't flag which loans were DSCR loans, so this list mixes DSCR and conventional investment-property lenders. Dominick Prevete places DSCR loans across 100+ lenders, including two that reported in Doña Ana County, and matches each file to the one most likely to fund it.
Doña Ana County's 2025 HMDA filings, closed-end loans on 1–4 unit investment properties only: 236 loans and $48.1M from 75 lenders. Citizens Bank of Las Cruces led Doña Ana County with 38 loans, 16.1% of the county's total, and the average Doña Ana County loan of $204K compares with $251K across New Mexico.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Citizens Bank of Las Cruces | 38 | $7.8M | $206K | 68.4% |
| UNITED SHORE FINANCIAL SERVICES, LLC | 16 | $3.4M | $214K | 56.2% |
| CROSSCOUNTRY MORTGAGE, INC. | 12 | $3.3M | $271K | 100.0% |
| THE LOAN STORE, INC. | 12 | $2.5M | $206K | 66.7% |
| Commerce Home Mortgage, Inc. | 10 | $1.9M | $194K | 80.0% |
| First New Mexico Bank, Las Cruces | 10 | $1.6M | $162K | 50.0% |
| First American Bank | 9 | $2.1M | $234K | 77.8% |
| Rocket Mortgage, LLC | 7 | $1.1M | $161K | 85.7% |
| GUILD MORTGAGE COMPANY | 7 | $1.0M | $141K | 71.4% |
| Wells Fargo Bank, National Association | 6 | $0.9M | $147K | 66.7% |
| AMERICAN HERITAGE LENDING, LLC | 5 | $1.1M | $221K | 80.0% |
| OCMBC, INC. | 4 | $1.1M | $265K | 75.0% |
| LEI:254900K39SBWA2QOUF69 | 4 | $1.0M | $260K | 100.0% |
| FirstLight Federal Credit Union | 4 | $0.2M | $60K | 75.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | 3 | $0.9M | $312K | 33.3% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | 3 | $0.8M | $262K | 33.3% |
| NEXERA HOLDING LLC | 3 | $0.8M | $255K | 66.7% |
| KIND LENDING, LLC | 3 | $0.7M | $248K | 66.7% |
| NUSENDA | 3 | $0.7M | $222K | 66.7% |
| Bank of America, National Association | 3 | $0.5M | $172K | 100.0% |
| CHAMPIONS FUNDING, LLC | 3 | $0.5M | $165K | 33.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | 3 | $0.5M | $162K | 66.7% |
| NATIONSTAR MORTGAGE LLC | 3 | $0.4M | $145K | 33.3% |
| DOMINION FINANCIAL SERVICES, LLC | 2 | $1.1M | $525K | 50.0% |
| DEEPHAVEN MORTGAGE LLC | 2 | $0.5M | $255K | 50.0% |
40 New Mexico loans (1.9%) carry no county code in HMDA, so county figures sum to less than the state total.
Source for Doña Ana County: 2025 HMDA loan-level data from the CFPB/FFIEC Data Browser, retrieved October 31, 2026. How this data is built · Doña Ana County CSV, all 25 lenders
What Doña Ana County's table can't show you: fit. Short-term financing is exempt from HMDA, so Doña Ana County's fix-and-flip and bridge lenders barely appear among its 75 filers, and none of the 25 names above tells you whose guidelines match your deal, your entity, or your timeline. That's the job. Dominick Prevete structures your file and places it across 100+ lenders — including some on this list — so it lands with the one most likely to fund it.
Price your loan →National Loan Provider is an independent broker and maintains wholesale relationships with some listed lenders. Appearing in this table is not an endorsement or a recommendation.
Run the coverage test on your Doña Ana County, New Mexico deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Doña Ana County, New Mexico property's rent, loan, taxes and insurance to see where it lands.
Principal and interest on a thirty-year amortization, plus taxes, insurance and HOA.
Enter the rent, loan amount, rate, taxes and insurance to see the coverage ratio.
Sources
- CFPB / FFIEC HMDA Data Browser — Doña Ana County's at-a-glance figures, its observations, its 25-lender table and the Quick Read's 75 lenders and 236 loans: 2025 HMDA loan-level data rolled up to Doña Ana County.
- Doña Ana County investor-lender dataset (CSV) — All 25 lenders in the Doña Ana County, New Mexico table, ranked by loan count, with volume, average loan and purchase share for each.
- HUD FY2027 Fair Market Rents — Doña Ana County's 2-, 3- and 4-bedroom fair market rents in the rent math, and the 3-bedroom rent its highest-price figure uses: HUD's FY2027 figures for the Las Cruces, NM MSA.
- Census ACS 2020–2024 5-year, tables B25077 and B25103 — Doña Ana County's median home value (B25077) and median property taxes paid (B25103) in the rent math, from the Census 2020–2024 ACS 5-year summary files.
- DSCR loan rates, Dominick Prevete — DSCR rental loans start from 7.25%, as of November 2026: the Instant Term Sheet's best-case scenario on the current rate sheets.