Clearedge Lending · New York · 2025

Clearedge Lending in New York: approval rate, denial rate and rates (2025)

Clearedge Lending took 32 mortgage applications in New York in 2025, ranking #371 of 750 lenders active in the state. It originated 28.1% of them and denied 56.3% (64.3% of the applications it decided), against a statewide denial rate of 19.8%.

32Applicationsin NY
64.3%Decision denial ratestate 24.0%
6.88%Median ratestate 6.63%
$430,000Median loanstate $235,000
$4.2MVolume18 counties

Clearedge Lending in New York vs the state

56.3%Denial rate+36.50 pts vs state
64.3%Decision denial rate+40.25 pts vs state
28.1%Origination rate-31.46 pts vs state
6.88%Median rate+0.25 pts vs state
Rate spread (pts)
Median applicant income
9Loans originated
18Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236416.7%7.88%#488
202532956.3%6.88%#371

What Clearedge Lending lends in New York

By loan purpose

Home purchase 18 56% · 44.4% denied
Refinance 2 6% · 100.0% denied
Cash-out refinance 12 38% · 66.7% denied

By loan type

Conventional 32 100% · 56.3% denied

Why it denied New York applicants

Collateral 15 83%
Incomplete application 2 11%
Insufficient cash 1 6%

Where in New York

Counties with the most Clearedge Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Nassau County 402 50.0%
Jefferson County 330 0.0%
Suffolk County 302 66.7%
Albany County 202 100.0%
Erie County 202 100.0%
Queens County 220 0.0%
Sullivan County 202 100.0%
Westchester County 201 50.0%
Orange County 211 50.0%
Kings County 201 50.0%

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: 32 applications in 2025, of which 9 were originated and 18 denied.

56.3% of all applications, or 64.3% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Clearedge Lending originated in New York in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Clearedge Lending'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