Armed Forces Bank in New York vs the state
9.4%Denial rate-10.37 pts vs state
12.5%Decision denial rate-11.54 pts vs state
65.6%Origination rate+6.04 pts vs state
6.50%Median rate-0.13 pts vs state
0.00Rate spread (pts)-0.21 pts vs state
$133kMedian applicant income
21Loans originated
3Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 8 | 1 | 37.5% | 7.00% | #473 |
| 2024 | 22 | 13 | 9.1% | 6.50% | #383 |
| 2025 | 32 | 21 | 9.4% | 6.50% | #372 |
What Armed Forces Bank lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Armed Forces Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 10 | 10 | 0 | 0.0% |
| Queens County | 4 | 2 | 1 | 25.0% |
| Kings County | 3 | 1 | 1 | 33.3% |
| Onondaga County | 2 | 1 | 0 | 0.0% |
| Monroe County | 2 | 1 | 0 | 0.0% |
| Suffolk County | 2 | 1 | 0 | 0.0% |
| Steuben County | 1 | 1 | 0 | 0.0% |
| St. Lawrence County | 1 | 1 | 0 | 0.0% |
| Schenectady County | 1 | 0 | 0 | 0.0% |
| Richmond County | 1 | 0 | 0 | 0.0% |
Other large lenders in New York
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 20,315 | 32.7% | 7.97% |
| Rocket Mortgage | C | 19,924 | 22.0% | 6.88% |
| United Shore Financial Services | B | 14,777 | 11.2% | 6.50% |
| JPMorgan Chase Bank | B | 14,735 | 11.7% | 6.38% |
| Manufacturers and Traders Trust | C | 12,335 | 31.3% | 5.99% |
| Bank of America | F | 10,193 | 35.7% | 5.99% |
| Bethpage Federal Credit Union | C | 9,736 | 47.2% | 6.49% |
| TD Bank | D | 9,239 | 30.2% | 7.69% |
| Newrez | D | 8,654 | 24.2% | 6.75% |
| ESL Federal Credit Union | B | 7,817 | 17.6% | 4.50% |
Frequently asked questions
New York: 32 applications in 2025, of which 21 were originated and 3 denied.
9.4% of all applications, or 12.5% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Armed Forces Bank originated in New York in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Armed Forces Bank'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