City National Bank · New York · 2025

City National Bank in New York: approval rate, denial rate and rates (2025)

City National Bank took 240 mortgage applications in New York in 2025, ranking #191 of 750 lenders active in the state. It originated 60.8% of them and denied 19.2% (23.6% of the applications it decided), against a statewide denial rate of 19.8%.

240Applicationsin NY
23.6%Decision denial ratestate 24.0%
5.79%Median ratestate 6.63%
$885,000Median loanstate $235,000
$208MVolume18 counties

City National Bank in New York vs the state

19.2%Denial rate-0.58 pts vs state
23.6%Decision denial rate-0.45 pts vs state
60.8%Origination rate+1.24 pts vs state
5.79%Median rate-0.83 pts vs state
-0.30Rate spread (pts)-0.51 pts vs state
$282kMedian applicant income
146Loans originated
46Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
202321913121.0%5.85%#188
20241435529.4%6.90%#225
202524014619.2%5.79%#191

What City National Bank lends in New York

By loan purpose

Home purchase 163 68% · 13.5% denied
Refinance 20 8% · 30.0% denied
Cash-out refinance 12 5% · 33.3% denied
Home improvement 14 6% · 42.9% denied
Other / HELOC 31 13% · 25.8% denied

By loan type

Conventional 240 100% · 19.2% denied

Why it denied New York applicants

Debt-to-income ratio 21 46%
Collateral 11 24%
Credit history 5 11%
Unverifiable information 4 9%
Other 4 9%
Insufficient cash 1 2%

Where in New York

Counties with the most City National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New York County 513310 19.6%
Suffolk County 382212 31.6%
Kings County 351310 28.6%
Queens County 35234 11.4%
Westchester County 28213 10.7%
Nassau County 20151 5.0%
Bronx County 1041 10.0%
Rockland County 541 20.0%
Ulster County 431 25.0%
Saratoga County 220 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: 240 applications in 2025, of which 146 were originated and 46 denied.

19.2% of all applications, or 23.6% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans City National Bank originated in New York in 2025 was 5.79%, against a statewide median of 6.63%.

About this data. Figures are City National Bank'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