Fifth Third Bank · New York · 2025

Fifth Third Bank in New York: approval rate, denial rate and rates (2025)

Fifth Third Bank took 89 mortgage applications in New York in 2025, ranking #282 of 750 lenders active in the state. It originated 29.2% of them and denied 15.7% (35.0% of the applications it decided), against a statewide denial rate of 19.8%.

89Applicationsin NY
35.0%Decision denial ratestate 24.0%
6.75%Median ratestate 6.63%
$305,000Median loanstate $235,000
$8.0MVolume31 counties

Fifth Third Bank in New York vs the state

15.7%Denial rate-4.02 pts vs state
35.0%Decision denial rate+10.96 pts vs state
29.2%Origination rate-30.38 pts vs state
6.75%Median rate+0.13 pts vs state
0.46Rate spread (pts)+0.25 pts vs state
$119kMedian applicant income
26Loans originated
14Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231183123.7%6.63%#251
20241154123.5%6.00%#250
2025892615.7%6.75%#282

What Fifth Third Bank lends in New York

By loan purpose

Home purchase 31 35% · 22.6% denied
Refinance 12 13% · 8.3% denied
Cash-out refinance 43 48% · 11.6% denied
Other / HELOC 3 3% · 33.3% denied

By loan type

Conventional 66 74% · 16.7% denied
FHA 20 22% · 10.0% denied
VA 3 3% · 33.3% denied

Why it denied New York applicants

Credit history 5 36%
Debt-to-income ratio 4 29%
Collateral 2 14%
Incomplete application 2 14%
Other 1 7%

Where in New York

Counties with the most Fifth Third Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Queens County 1223 25.0%
Erie County 1041 10.0%
Nassau County 621 16.7%
Monroe County 640 0.0%
Suffolk County 510 0.0%
Kings County 510 0.0%
Onondaga County 420 0.0%
Oswego County 312 66.7%
Schenectady County 301 33.3%
Rockland County 302 66.7%

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: 89 applications in 2025, of which 26 were originated and 14 denied.

15.7% of all applications, or 35.0% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

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

About this data. Figures are Fifth Third 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