East West Bank · New York · 2025

East West Bank in New York: approval rate, denial rate and rates (2025)

East West Bank took 1,261 mortgage applications in New York in 2025, ranking #70 of 750 lenders active in the state. It originated 63.4% of them and denied 15.6% (18.5% of the applications it decided), against a statewide denial rate of 19.8%.

1.3kApplicationsin NY
18.5%Decision denial ratestate 24.0%
6.75%Median ratestate 6.63%
$325,000Median loanstate $235,000
$357MVolume8 counties

East West Bank in New York vs the state

15.6%Denial rate-4.13 pts vs state
18.5%Decision denial rate-5.58 pts vs state
63.4%Origination rate+3.77 pts vs state
6.75%Median rate+0.13 pts vs state
0.24Rate spread (pts)+0.03 pts vs state
$86kMedian applicant income
799Loans originated
197Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,9601,6266.8%6.75%#37
20241,1458329.5%7.63%#72
20251,26179915.6%6.75%#70

What East West Bank lends in New York

By loan purpose

Home purchase 838 66% · 12.1% denied
Refinance 42 3% · 11.9% denied
Cash-out refinance 81 6% · 12.4% denied
Home improvement 85 7% · 30.6% denied
Other / HELOC 215 17% · 25.6% denied

By loan type

Conventional 1,261 100% · 15.6% denied

Why it denied New York applicants

Credit history 58 29%
Other 51 26%
Unverifiable information 41 21%
Collateral 38 19%
Debt-to-income ratio 9 5%

Where in New York

Counties with the most East West Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Queens County 61240980 13.1%
Kings County 32920450 15.2%
Bronx County 1316936 27.5%
New York County 975717 17.5%
Richmond County 805310 12.5%
Nassau County 953 33.3%
Westchester County 211 50.0%
Suffolk County 110 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: 1,261 applications in 2025, of which 799 were originated and 197 denied.

15.6% of all applications, or 18.5% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans East West Bank originated in New York in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are East West 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