Bank of Richmondville · New York · 2025

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

Bank of Richmondville took 50 mortgage applications in New York in 2025, ranking #332 of 750 lenders active in the state. It originated 88.0% of them and denied 4.0% (4.0% of the applications it decided), against a statewide denial rate of 19.8%.

50Applicationsin NY
4.0%Decision denial ratestate 24.0%
6.50%Median ratestate 6.63%
$105,000Median loanstate $235,000
$5.4MVolume6 counties

Bank of Richmondville in New York vs the state

4.0%Denial rate-15.75 pts vs state
4.0%Decision denial rate-20.04 pts vs state
88.0%Origination rate+28.41 pts vs state
6.50%Median rate-0.13 pts vs state
0.27Rate spread (pts)+0.06 pts vs state
$94kMedian applicant income
44Loans originated
2Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023735517.8%6.25%#297
2024665410.6%6.63%#303
202550444.0%6.50%#332

What Bank of Richmondville lends in New York

By loan purpose

Home purchase 23 46% · 4.4% denied
Refinance 9 18% · 0.0% denied
Home improvement 12 24% · 0.0% denied
Other / HELOC 6 12% · 16.7% denied

By loan type

Conventional 50 100% · 4.0% denied

Why it denied New York applicants

Other 1 50%
Debt-to-income ratio 1 50%

Where in New York

Counties with the most Bank of Richmondville applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Schoharie County 38341 2.6%
Otsego County 751 14.3%
Schenectady County 220 0.0%
Delaware County 110 0.0%
Montgomery County 110 0.0%
Albany 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: 50 applications in 2025, of which 44 were originated and 2 denied.

4.0% of all applications, or 4.0% 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 Richmondville originated in New York in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Bank of Richmondville'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