Center Street Lending VIII SPE · New York · 2025

Center Street Lending VIII SPE in New York: approval rate, denial rate and rates (2025)

Center Street Lending VIII SPE took 15 mortgage applications in New York in 2025, ranking #433 of 750 lenders active in the state. It originated 60.0% of them and denied 20.0% (25.0% of the applications it decided), against a statewide denial rate of 19.8%.

15Applicationsin NY
25.0%Decision denial ratestate 24.0%
10.24%Median ratestate 6.63%
$755,000Median loanstate $235,000
$5.5MVolume0 counties

Center Street Lending VIII SPE in New York vs the state

20.0%Denial rate+0.25 pts vs state
25.0%Decision denial rate+0.96 pts vs state
60.0%Origination rate+0.41 pts vs state
10.24%Median rate+3.62 pts vs state
Rate spread (pts)
Median applicant income
9Loans originated
3Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20241680.0%11.43%#409
202515920.0%10.24%#433

What Center Street Lending VIII SPE lends in New York

By loan purpose

Home purchase 7 47% · 14.3% denied
Refinance 3 20% · 33.3% denied
Cash-out refinance 5 33% · 20.0% denied

By loan type

Conventional 15 100% · 20.0% denied

Why it denied New York applicants

Other 3 100%

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: 15 applications in 2025, of which 9 were originated and 3 denied.

20.0% of all applications, or 25.0% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Center Street Lending VIII SPE originated in New York in 2025 was 10.24%, against a statewide median of 6.63%.

About this data. Figures are Center Street Lending VIII SPE'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