Cliffco in New York vs the state
5.3%Denial rate-14.48 pts vs state
7.3%Decision denial rate-16.78 pts vs state
67.2%Origination rate+7.61 pts vs state
6.75%Median rate+0.13 pts vs state
0.45Rate spread (pts)+0.24 pts vs state
$180kMedian applicant income
842Loans originated
66Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 931 | 645 | 8.2% | 6.88% | #85 |
| 2024 | 1,071 | 809 | 4.9% | 6.88% | #78 |
| 2025 | 1,253 | 842 | 5.3% | 6.75% | #72 |
What Cliffco lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Cliffco applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Suffolk County | 353 | 275 | 14 | 4.0% |
| Nassau County | 328 | 232 | 19 | 5.8% |
| Queens County | 208 | 125 | 16 | 7.7% |
| Kings County | 106 | 56 | 4 | 3.8% |
| New York County | 72 | 41 | 4 | 5.6% |
| Bronx County | 35 | 20 | 4 | 11.4% |
| Westchester County | 33 | 21 | 2 | 6.1% |
| Richmond County | 30 | 19 | 1 | 3.3% |
| Orange County | 13 | 10 | 0 | 0.0% |
| Ulster County | 9 | 5 | 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: 1,253 applications in 2025, of which 842 were originated and 66 denied.
5.3% of all applications, or 7.3% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Cliffco originated in New York in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are Cliffco'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