Citadel Servicing · New York · 2025

Citadel Servicing in New York: approval rate, denial rate and rates (2025)

Citadel Servicing took 559 mortgage applications in New York in 2025, ranking #125 of 750 lenders active in the state. It originated 64.0% of them and denied 3.6% (3.8% of the applications it decided), against a statewide denial rate of 19.8%.

559Applicationsin NY
3.8%Decision denial ratestate 24.0%
7.25%Median ratestate 6.63%
$505,000Median loanstate $235,000
$215MVolume35 counties

Citadel Servicing in New York vs the state

3.6%Denial rate-16.17 pts vs state
3.8%Decision denial rate-20.29 pts vs state
64.0%Origination rate+4.45 pts vs state
7.25%Median rate+0.63 pts vs state
Rate spread (pts)
$472kMedian applicant income
358Loans originated
20Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023195987.2%9.00%#202
20243531804.5%8.25%#152
20255593583.6%7.25%#125

What Citadel Servicing lends in New York

By loan purpose

Home purchase 237 42% · 5.1% denied
Refinance 44 8% · 2.3% denied
Cash-out refinance 278 50% · 2.5% denied

By loan type

Conventional 559 100% · 3.6% denied

Why it denied New York applicants

Collateral 9 45%
Other 8 40%
Credit history 3 15%

Where in New York

Counties with the most Citadel Servicing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Suffolk County 108832 1.9%
Kings County 76433 3.9%
Orange County 51274 7.8%
Nassau County 45301 2.2%
Queens County 43302 4.7%
Rockland County 42250 0.0%
Bronx County 32211 3.1%
Erie County 28121 3.6%
Westchester County 19150 0.0%
Albany County 14120 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: 559 applications in 2025, of which 358 were originated and 20 denied.

3.6% of all applications, or 3.8% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Citadel Servicing originated in New York in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Citadel Servicing'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