Bank of England · New York · 2025

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

Bank of England took 5 mortgage applications in New York in 2025, ranking #526 of 750 lenders active in the state. It originated 80.0% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 19.8%.

5Applicationsin NY
0.0%Decision denial ratestate 24.0%
6.75%Median ratestate 6.63%
$265,000Median loanstate $235,000
$1.3MVolume4 counties

Bank of England in New York vs the state

0.0%Denial rate-19.75 pts vs state
0.0%Decision denial rate-24.04 pts vs state
80.0%Origination rate+20.41 pts vs state
6.75%Median rate+0.13 pts vs state
0.54Rate spread (pts)+0.33 pts vs state
$108kMedian applicant income
4Loans originated
0Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232211109.5%6.75%#185
2024118527.6%6.69%#247
2025540.0%6.75%#526

What Bank of England lends in New York

By loan purpose

Home purchase 4 80% · 0.0% denied
Cash-out refinance 1 20% · 0.0% denied

By loan type

Conventional 3 60% · 0.0% denied
FHA 2 40% · 0.0% denied

Where in New York

Counties with the most Bank of England applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Richmond County 210 0.0%
Niagara County 110 0.0%
Monroe County 110 0.0%
Nassau County 110 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: 5 applications in 2025, of which 4 were originated and 0 denied.

0.0% of all applications, or 0.0% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Bank of England originated in New York in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Bank of England'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