BNY Mellon in New York vs the state
7.6%Denial rate-12.20 pts vs state
8.9%Decision denial rate-15.15 pts vs state
75.5%Origination rate+15.88 pts vs state
5.75%Median rate-0.88 pts vs state
-0.30Rate spread (pts)-0.51 pts vs state
$762kMedian applicant income
40Loans originated
4Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 89 | 60 | 15.7% | 5.38% | #270 |
| 2024 | 55 | 42 | 5.5% | 6.13% | #314 |
| 2025 | 53 | 40 | 7.6% | 5.75% | #327 |
What BNY Mellon lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most BNY Mellon applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| New York County | 22 | 16 | 1 | 4.5% |
| Westchester County | 14 | 11 | 1 | 7.1% |
| Suffolk County | 7 | 5 | 1 | 14.3% |
| Kings County | 3 | 1 | 1 | 33.3% |
| Nassau County | 2 | 2 | 0 | 0.0% |
| Dutchess County | 1 | 1 | 0 | 0.0% |
| Columbia County | 1 | 1 | 0 | 0.0% |
| Ulster County | 1 | 1 | 0 | 0.0% |
| Onondaga County | 1 | 1 | 0 | 0.0% |
| Saratoga County | 1 | 1 | 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: 53 applications in 2025, of which 40 were originated and 4 denied.
7.6% of all applications, or 8.9% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans BNY Mellon originated in New York in 2025 was 5.75%, against a statewide median of 6.63%.
About this data. Figures are BNY Mellon'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