Financial Trust in New York vs the state
20.2%Denial rate+0.43 pts vs state
23.2%Decision denial rate-0.81 pts vs state
65.8%Origination rate+6.20 pts vs state
—Median rate
—Rate spread (pts)
$98kMedian applicant income
75Loans originated
23Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 68 | 51 | 16.2% | — | #304 |
| 2024 | 55 | 46 | 12.7% | — | #313 |
| 2025 | 114 | 75 | 20.2% | — | #253 |
What Financial Trust lends in New York
By loan purpose
By loan type
Where in New York
Counties with the most Financial Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Erie County | 100 | 62 | 22 | 22.0% |
| Chautauqua County | 8 | 8 | 0 | 0.0% |
| Cattaraugus County | 2 | 2 | 0 | 0.0% |
| Niagara County | 2 | 1 | 1 | 50.0% |
| Sullivan County | 1 | 1 | 0 | 0.0% |
| Allegany County | 1 | 1 | 0 | 0.0% |
Other large lenders in New York
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 20,315 | 32.7% | 7.97% |
| Rocket Mortgage | C | 19,924 | 22.0% | 6.88% |
| United Shore Financial Services | B | 14,777 | 11.2% | 6.50% |
| JPMorgan Chase Bank | B | 14,735 | 11.7% | 6.38% |
| Manufacturers and Traders Trust | C | 12,335 | 31.3% | 5.99% |
| Bank of America | F | 10,193 | 35.7% | 5.99% |
| Bethpage Federal Credit Union | C | 9,736 | 47.2% | 6.49% |
| TD Bank | D | 9,239 | 30.2% | 7.69% |
| Newrez | D | 8,654 | 24.2% | 6.75% |
| ESL Federal Credit Union | B | 7,817 | 17.6% | 4.50% |
Frequently asked questions
New York: 114 applications in 2025, of which 75 were originated and 23 denied.
20.2% of all applications, or 23.2% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are Financial 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