Constructive Loans in New York vs the state
10.4%Denial rate-9.37 pts vs state
12.8%Decision denial rate-11.29 pts vs state
59.0%Origination rate-0.57 pts vs state
7.38%Median rate+0.75 pts vs state
—Rate spread (pts)
—Median applicant income
108Loans originated
19Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 35 | 27 | 0.0% | 8.00% | #350 |
| 2024 | 106 | 85 | 2.8% | 7.42% | #258 |
| 2025 | 183 | 108 | 10.4% | 7.38% | #215 |
What Constructive Loans lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Constructive Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Rockland County | 29 | 21 | 1 | 3.4% |
| Onondaga County | 21 | 9 | 3 | 14.3% |
| Oswego County | 17 | 0 | 0 | 0.0% |
| Kings County | 14 | 9 | 3 | 21.4% |
| Erie County | 14 | 11 | 0 | 0.0% |
| Sullivan County | 13 | 8 | 2 | 15.4% |
| Monroe County | 12 | 11 | 1 | 8.3% |
| Queens County | 8 | 4 | 2 | 25.0% |
| Niagara County | 7 | 4 | 0 | 0.0% |
| Orange County | 5 | 1 | 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: 183 applications in 2025, of which 108 were originated and 19 denied.
10.4% of all applications, or 12.8% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Constructive Loans originated in New York in 2025 was 7.38%, against a statewide median of 6.63%.
About this data. Figures are Constructive Loans'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