Equity Prime Mortgage · New York · 2025

Equity Prime Mortgage in New York: approval rate, denial rate and rates (2025)

Equity Prime Mortgage took 216 mortgage applications in New York in 2025, ranking #199 of 750 lenders active in the state. It originated 41.2% of them and denied 14.4% (25.8% of the applications it decided), against a statewide denial rate of 19.8%.

216Applicationsin NY
25.8%Decision denial ratestate 24.0%
6.63%Median ratestate 6.63%
$435,000Median loanstate $235,000
$43MVolume40 counties

Equity Prime Mortgage in New York vs the state

14.4%Denial rate-5.40 pts vs state
25.8%Decision denial rate+1.79 pts vs state
41.2%Origination rate-18.39 pts vs state
6.63%Median rate0.00 pts vs state
0.40Rate spread (pts)+0.19 pts vs state
$125kMedian applicant income
89Loans originated
31Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
202379555.1%6.88%#280
20242441831.2%6.50%#187
20252168914.4%6.63%#199

What Equity Prime Mortgage lends in New York

By loan purpose

Home purchase 130 60% · 10.0% denied
Refinance 11 5% · 18.2% denied
Cash-out refinance 75 35% · 21.3% denied

By loan type

Conventional 26 12% · 15.4% denied
FHA 132 61% · 14.4% denied
VA 55 25% · 14.6% denied
USDA / RHS 3 1% · 0.0% denied

Why it denied New York applicants

Debt-to-income ratio 11 35%
Credit history 9 29%
Other 5 16%
Unverifiable information 2 6%
Employment history 2 6%
Collateral 1 3%
Incomplete application 1 3%

Where in New York

Counties with the most Equity Prime Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Nassau County 2060 0.0%
Westchester County 20142 10.0%
Suffolk County 1763 17.6%
Kings County 1463 21.4%
Queens County 1350 0.0%
Richmond County 1015 50.0%
Dutchess County 971 11.1%
Orange County 951 11.1%
Rensselaer County 831 12.5%
Bronx County 830 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: 216 applications in 2025, of which 89 were originated and 31 denied.

14.4% of all applications, or 25.8% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Equity Prime Mortgage originated in New York in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Equity Prime Mortgage'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