Farm Credit East, ACA · New York · 2025

Farm Credit East, ACA in New York: approval rate, denial rate and rates (2025)

Farm Credit East, ACA took 450 mortgage applications in New York in 2025, ranking #143 of 750 lenders active in the state. It originated 90.9% of them and denied 2.7% (2.7% of the applications it decided), against a statewide denial rate of 19.8%.

450Applicationsin NY
2.7%Decision denial ratestate 24.0%
6.95%Median ratestate 6.63%
$245,000Median loanstate $235,000
$117MVolume52 counties

Farm Credit East, ACA in New York vs the state

2.7%Denial rate-17.08 pts vs state
2.7%Decision denial rate-21.33 pts vs state
90.9%Origination rate+31.30 pts vs state
6.95%Median rate+0.33 pts vs state
0.11Rate spread (pts)-0.10 pts vs state
$117kMedian applicant income
409Loans originated
12Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234023404.0%7.30%#133
20244393793.0%7.15%#130
20254504092.7%6.95%#143

What Farm Credit East, ACA lends in New York

By loan purpose

Home purchase 329 73% · 2.1% denied
Refinance 54 12% · 1.9% denied
Home improvement 56 12% · 3.6% denied
Other / HELOC 11 2% · 18.2% denied

By loan type

Conventional 450 100% · 2.7% denied

Why it denied New York applicants

Collateral 6 50%
Debt-to-income ratio 3 25%
Credit history 1 8%
Insufficient cash 1 8%
Other 1 8%

Where in New York

Counties with the most Farm Credit East, ACA applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Chautauqua County 44410 0.0%
Montgomery County 24230 0.0%
Steuben County 23194 17.4%
St. Lawrence County 19170 0.0%
Oneida County 19142 10.5%
Onondaga County 17160 0.0%
Lewis County 16160 0.0%
Cattaraugus County 15150 0.0%
Oswego County 15141 6.7%
Otsego County 14140 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: 450 applications in 2025, of which 409 were originated and 12 denied.

2.7% of all applications, or 2.7% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Farm Credit East, ACA originated in New York in 2025 was 6.95%, against a statewide median of 6.63%.

About this data. Figures are Farm Credit East, ACA'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