First-Citizens Bank & Trust · New York · 2025

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

First-Citizens Bank & Trust took 85 mortgage applications in New York in 2025, ranking #287 of 750 lenders active in the state. It originated 55.3% of them and denied 10.6% (14.8% of the applications it decided), against a statewide denial rate of 19.8%.

85Applicationsin NY
14.8%Decision denial ratestate 24.0%
5.75%Median ratestate 6.63%
$1,105,000Median loanstate $235,000
$73MVolume15 counties

First-Citizens Bank & Trust in New York vs the state

10.6%Denial rate-9.16 pts vs state
14.8%Decision denial rate-9.29 pts vs state
55.3%Origination rate-4.30 pts vs state
5.75%Median rate-0.88 pts vs state
-0.23Rate spread (pts)-0.44 pts vs state
$617kMedian applicant income
47Loans originated
9Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
202378567.7%5.13%#281
2024101569.9%5.88%#261
2025854710.6%5.75%#287

What First-Citizens Bank & Trust lends in New York

By loan purpose

Home purchase 68 80% · 10.3% denied
Refinance 6 7% · 0.0% denied
Home improvement 1 1% · 0.0% denied
Other / HELOC 10 12% · 20.0% denied

By loan type

Conventional 82 96% · 9.8% denied
FHA 3 4% · 33.3% denied

Why it denied New York applicants

Debt-to-income ratio 4 44%
Credit history 3 33%
Other 1 11%
Collateral 1 11%

Where in New York

Counties with the most First-Citizens Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New York County 29211 3.4%
Suffolk County 1652 12.5%
Kings County 1373 23.1%
Westchester County 650 0.0%
Rensselaer County 401 25.0%
Monroe County 310 0.0%
Dutchess County 320 0.0%
Queens County 320 0.0%
Niagara County 202 100.0%
Essex County 100 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: 85 applications in 2025, of which 47 were originated and 9 denied.

10.6% of all applications, or 14.8% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans First-Citizens Bank & Trust originated in New York in 2025 was 5.75%, against a statewide median of 6.63%.

About this data. Figures are First-Citizens 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