Better Mortgage in New York vs the state
30.8%Denial rate+11.03 pts vs state
53.4%Decision denial rate+29.35 pts vs state
26.0%Origination rate-33.60 pts vs state
8.63%Median rate+2.00 pts vs state
1.49Rate spread (pts)+1.28 pts vs state
$175kMedian applicant income
445Loans originated
527Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 619 | 244 | 5.0% | 6.13% | #100 |
| 2024 | 533 | 172 | 10.9% | 6.50% | #115 |
| 2025 | 1,712 | 445 | 30.8% | 8.63% | #49 |
What Better Mortgage lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Better Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Suffolk County | 182 | 53 | 46 | 25.3% |
| Westchester County | 175 | 51 | 43 | 24.6% |
| Kings County | 171 | 43 | 54 | 31.6% |
| Nassau County | 169 | 49 | 49 | 29.0% |
| Queens County | 159 | 27 | 63 | 39.6% |
| Erie County | 92 | 32 | 25 | 27.2% |
| Monroe County | 68 | 21 | 19 | 27.9% |
| Bronx County | 66 | 13 | 27 | 40.9% |
| New York County | 55 | 10 | 14 | 25.5% |
| Orange County | 50 | 16 | 18 | 36.0% |
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: 1,712 applications in 2025, of which 445 were originated and 527 denied.
30.8% of all applications, or 53.4% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Better Mortgage originated in New York in 2025 was 8.63%, against a statewide median of 6.63%.
About this data. Figures are Better Mortgage'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