Farmers Bank & Trust · New York · 2025

Farmers Bank & Trust in New York: approval rate, denial rate and rates (2025)

Farmers Bank & Trust took 173 mortgage applications in New York in 2025, ranking #221 of 750 lenders active in the state. It originated 23.1% of them and denied 5.2% (15.0% of the applications it decided), against a statewide denial rate of 19.8%.

173Applicationsin NY
15.0%Decision denial ratestate 24.0%
6.25%Median ratestate 6.63%
$605,000Median loanstate $235,000
$24MVolume29 counties

Farmers Bank & Trust in New York vs the state

5.2%Denial rate-14.55 pts vs state
15.0%Decision denial rate-9.04 pts vs state
23.1%Origination rate-36.47 pts vs state
6.25%Median rate-0.38 pts vs state
-0.36Rate spread (pts)-0.57 pts vs state
$242kMedian applicant income
40Loans originated
9Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023114382.6%6.25%#253
20241224114.8%6.38%#240
2025173405.2%6.25%#221

What Farmers Bank & Trust lends in New York

By loan purpose

Home purchase 127 73% · 3.9% denied
Refinance 15 9% · 0.0% denied
Cash-out refinance 29 17% · 6.9% denied
Other / HELOC 2 1% · 100.0% denied

By loan type

Conventional 167 97% · 5.4% denied
VA 6 3% · 0.0% denied

Why it denied New York applicants

Debt-to-income ratio 3 33%
Credit history 2 22%
Other 2 22%
Unverifiable information 1 11%
Collateral 1 11%

Where in New York

Counties with the most Farmers Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Westchester County 2160 0.0%
Nassau County 2181 4.8%
Kings County 2030 0.0%
Suffolk County 1831 5.6%
Queens County 1741 5.9%
New York County 1703 17.6%
Orange County 620 0.0%
Bronx County 620 0.0%
Rockland County 500 0.0%
Ulster County 411 25.0%

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: 173 applications in 2025, of which 40 were originated and 9 denied.

5.2% of all applications, or 15.0% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Farmers Bank & Trust originated in New York in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Farmers Bank & Trust'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