Axos Bank · New York · 2025

Axos Bank in New York: approval rate, denial rate and rates (2025)

Axos Bank took 220 mortgage applications in New York in 2025, ranking #198 of 750 lenders active in the state. It originated 17.3% of them and denied 24.1% (57.0% of the applications it decided), against a statewide denial rate of 19.8%.

220Applicationsin NY
57.0%Decision denial ratestate 24.0%
6.63%Median ratestate 6.63%
$510,000Median loanstate $235,000
$66MVolume36 counties

Axos Bank in New York vs the state

24.1%Denial rate+4.34 pts vs state
57.0%Decision denial rate+32.95 pts vs state
17.3%Origination rate-42.32 pts vs state
6.63%Median rate0.00 pts vs state
-0.12Rate spread (pts)-0.33 pts vs state
$200kMedian applicant income
38Loans originated
53Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231834132.8%7.66%#209
20241262432.5%7.30%#235
20252203824.1%6.63%#198

What Axos Bank lends in New York

By loan purpose

Home purchase 89 40% · 14.6% denied
Refinance 47 21% · 25.5% denied
Cash-out refinance 51 23% · 35.3% denied
Home improvement 10 5% · 20.0% denied
Other / HELOC 23 10% · 34.8% denied

By loan type

Conventional 216 98% · 24.1% denied
FHA 4 2% · 25.0% denied

Why it denied New York applicants

Debt-to-income ratio 16 30%
Credit history 13 25%
Collateral 13 25%
Other 6 11%
Insufficient cash 4 8%
Unverifiable information 1 2%

Where in New York

Counties with the most Axos Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Suffolk County 40108 20.0%
Nassau County 24410 41.7%
New York County 21310 47.6%
Westchester County 1972 10.5%
Queens County 1623 18.8%
Erie County 1414 28.6%
Kings County 1224 33.3%
Orange County 912 22.2%
Ulster County 802 25.0%
Saratoga County 511 20.0%

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: 220 applications in 2025, of which 38 were originated and 53 denied.

24.1% of all applications, or 57.0% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Axos Bank originated in New York in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Axos 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