Digital · New York · 2025

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

Digital took 105 mortgage applications in New York in 2025, ranking #261 of 750 lenders active in the state. It originated 42.9% of them and denied 22.9% (34.8% of the applications it decided), against a statewide denial rate of 19.8%.

105Applicationsin NY
34.8%Decision denial ratestate 24.0%
7.99%Median ratestate 6.63%
$175,000Median loanstate $235,000
$10MVolume28 counties

Digital in New York vs the state

22.9%Denial rate+3.11 pts vs state
34.8%Decision denial rate+10.74 pts vs state
42.9%Origination rate-16.73 pts vs state
7.99%Median rate+1.37 pts vs state
0.74Rate spread (pts)+0.53 pts vs state
$158kMedian applicant income
45Loans originated
24Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231173631.6%6.13%#252
20241202643.3%7.74%#243
20251054522.9%7.99%#261

What Digital lends in New York

By loan purpose

Home purchase 31 30% · 16.1% denied
Refinance 4 4% · 0.0% denied
Cash-out refinance 23 22% · 13.0% denied
Home improvement 32 30% · 21.9% denied
Other / HELOC 15 14% · 60.0% denied

By loan type

Conventional 105 100% · 22.9% denied

Why it denied New York applicants

Debt-to-income ratio 10 42%
Credit history 9 38%
Other 1 4%
Insufficient cash 1 4%
Employment history 1 4%
Unverifiable information 1 4%
Collateral 1 4%

Where in New York

Counties with the most Digital applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Nassau County 1874 22.2%
Suffolk County 1564 26.7%
Queens County 1035 50.0%
Westchester County 851 12.5%
Kings County 731 14.3%
Erie County 611 16.7%
Saratoga County 530 0.0%
Broome County 521 20.0%
Rockland County 421 25.0%
Richmond County 312 66.7%

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: 105 applications in 2025, of which 45 were originated and 24 denied.

22.9% of all applications, or 34.8% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Digital originated in New York in 2025 was 7.99%, against a statewide median of 6.63%.

About this data. Figures are Digital'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