Embrace Home Loans · New York · 2025

Embrace Home Loans in New York: approval rate, denial rate and rates (2025)

Embrace Home Loans took 377 mortgage applications in New York in 2025, ranking #157 of 750 lenders active in the state. It originated 71.4% of them and denied 4.8% (5.5% of the applications it decided), against a statewide denial rate of 19.8%.

377Applicationsin NY
5.5%Decision denial ratestate 24.0%
6.50%Median ratestate 6.63%
$535,000Median loanstate $235,000
$157MVolume28 counties

Embrace Home Loans in New York vs the state

4.8%Denial rate-14.98 pts vs state
5.5%Decision denial rate-18.50 pts vs state
71.4%Origination rate+11.76 pts vs state
6.50%Median rate-0.13 pts vs state
0.06Rate spread (pts)-0.15 pts vs state
$183kMedian applicant income
269Loans originated
18Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,2309087.6%6.49%#64
20247695786.6%6.63%#96
20253772694.8%6.50%#157

What Embrace Home Loans lends in New York

By loan purpose

Home purchase 315 84% · 2.9% denied
Refinance 19 5% · 10.5% denied
Cash-out refinance 36 10% · 19.4% denied
Home improvement 5 1% · 0.0% denied
Other / HELOC 2 1% · 0.0% denied

By loan type

Conventional 334 89% · 3.9% denied
FHA 29 8% · 10.3% denied
VA 14 4% · 14.3% denied

Why it denied New York applicants

Debt-to-income ratio 6 33%
Collateral 6 33%
Credit history 5 28%
Insufficient cash 1 6%

Where in New York

Counties with the most Embrace Home Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Suffolk County 1511172 1.3%
Nassau County 95721 1.1%
Queens County 30135 16.7%
Westchester County 29181 3.4%
Richmond County 13102 15.4%
New York County 961 11.1%
Kings County 750 0.0%
Dutchess County 770 0.0%
Orange County 650 0.0%
Albany County 412 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: 377 applications in 2025, of which 269 were originated and 18 denied.

4.8% of all applications, or 5.5% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Embrace Home Loans originated in New York in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Embrace Home 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