American Financial Network · New York · 2025

American Financial Network in New York: approval rate, denial rate and rates (2025)

American Financial Network took 1,381 mortgage applications in New York in 2025, ranking #61 of 750 lenders active in the state. It originated 59.9% of them and denied 9.0% (12.9% of the applications it decided), against a statewide denial rate of 19.8%.

1.4kApplicationsin NY
12.9%Decision denial ratestate 24.0%
6.99%Median ratestate 6.63%
$525,000Median loanstate $235,000
$503MVolume55 counties

American Financial Network in New York vs the state

9.0%Denial rate-10.77 pts vs state
12.9%Decision denial rate-11.15 pts vs state
59.9%Origination rate+0.29 pts vs state
6.99%Median rate+0.37 pts vs state
0.67Rate spread (pts)+0.46 pts vs state
$161kMedian applicant income
827Loans originated
124Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
202398547914.6%7.00%#82
20241,20375212.1%7.13%#64
20251,3818279.0%6.99%#61

What American Financial Network lends in New York

By loan purpose

Home purchase 917 66% · 7.5% denied
Refinance 84 6% · 10.7% denied
Cash-out refinance 380 28% · 12.1% denied

By loan type

Conventional 1,048 76% · 9.5% denied
FHA 245 18% · 8.6% denied
VA 75 5% · 2.7% denied
USDA / RHS 13 1% · 7.7% denied

Why it denied New York applicants

Debt-to-income ratio 34 27%
Collateral 31 25%
Other 24 19%
Credit history 17 14%
Incomplete application 9 7%
Unverifiable information 7 6%
Employment history 2 2%

Where in New York

Counties with the most American Financial Network applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kings County 24212926 10.7%
Erie County 1401039 6.4%
Suffolk County 1318413 9.9%
Nassau County 1287810 7.8%
Queens County 120594 3.3%
Rockland County 89489 10.1%
Orange County 844112 14.3%
Westchester County 53375 9.4%
Bronx County 53318 15.1%
Chemung County 40302 5.0%

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: 1,381 applications in 2025, of which 827 were originated and 124 denied.

9.0% of all applications, or 12.9% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans American Financial Network originated in New York in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are American Financial Network'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