1st 2nd Mortgage Company of N.j. · New York · 2025

1st 2nd Mortgage Company of N.j. in New York: approval rate, denial rate and rates (2025)

1st 2nd Mortgage Company of N.j. took 80 mortgage applications in New York in 2025, ranking #296 of 750 lenders active in the state. It originated 56.3% of them and denied 1.3% (2.2% of the applications it decided), against a statewide denial rate of 19.8%.

80Applicationsin NY
2.2%Decision denial ratestate 24.0%
6.75%Median ratestate 6.63%
$550,000Median loanstate $235,000
$29MVolume20 counties

1st 2nd Mortgage Company of N.j. in New York vs the state

1.3%Denial rate-18.50 pts vs state
2.2%Decision denial rate-21.87 pts vs state
56.3%Origination rate-3.34 pts vs state
6.75%Median rate+0.13 pts vs state
0.62Rate spread (pts)+0.41 pts vs state
$146kMedian applicant income
45Loans originated
1Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
202323170.0%6.63%#390
202454399.3%6.63%#318
202580451.3%6.75%#296

What 1st 2nd Mortgage Company of N.j. lends in New York

By loan purpose

Home purchase 63 79% · 1.6% denied
Refinance 14 18% · 0.0% denied
Home improvement 3 4% · 0.0% denied

By loan type

Conventional 59 74% · 1.7% denied
FHA 19 24% · 0.0% denied
VA 2 3% · 0.0% denied

Why it denied New York applicants

Debt-to-income ratio 1 100%

Where in New York

Counties with the most 1st 2nd Mortgage Company of N.j. applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Westchester County 21120 0.0%
Suffolk County 15110 0.0%
Nassau County 720 0.0%
Bronx County 740 0.0%
Albany County 431 25.0%
Schenectady County 410 0.0%
Queens County 310 0.0%
Kings County 330 0.0%
Richmond County 310 0.0%
Putnam County 220 0.0%

Other large lenders in New York

LenderGradeApplicationsDenial rateMedian rate
Citizens BankC 20,31532.7%7.97%
Rocket MortgageC 19,92422.0%6.88%
United Shore Financial ServicesB 14,77711.2%6.50%
JPMorgan Chase BankB 14,73511.7%6.38%
Manufacturers and Traders TrustC 12,33531.3%5.99%
Bank of AmericaF 10,19335.7%5.99%
Bethpage Federal Credit UnionC 9,73647.2%6.49%
TD BankD 9,23930.2%7.69%
NewrezD 8,65424.2%6.75%
ESL Federal Credit UnionB 7,81717.6%4.50%

Frequently asked questions

New York: 80 applications in 2025, of which 45 were originated and 1 denied.

1.3% of all applications, or 2.2% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans 1st 2nd Mortgage Company of N.j. originated in New York in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are 1st 2nd Mortgage Company of N.j.'s own HMDA filing for properties located in New York, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology