First Colony Mortgage in New York vs the state
17.8%Denial rate-1.92 pts vs state
20.4%Decision denial rate-3.69 pts vs state
50.4%Origination rate-9.20 pts vs state
7.25%Median rate+0.62 pts vs state
—Rate spread (pts)
$10kMedian applicant income
65Loans originated
23Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 14 | 6 | 14.3% | 7.06% | #421 |
| 2025 | 129 | 65 | 17.8% | 7.25% | #245 |
What First Colony Mortgage lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most First Colony Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Rockland County | 42 | 24 | 7 | 16.7% |
| Kings County | 20 | 9 | 3 | 15.0% |
| Queens County | 17 | 7 | 3 | 17.6% |
| Orange County | 9 | 4 | 2 | 22.2% |
| Bronx County | 6 | 2 | 0 | 0.0% |
| Richmond County | 6 | 4 | 0 | 0.0% |
| Sullivan County | 5 | 2 | 2 | 40.0% |
| Suffolk County | 5 | 3 | 2 | 40.0% |
| Nassau County | 4 | 4 | 0 | 0.0% |
| New York County | 4 | 0 | 2 | 50.0% |
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: 129 applications in 2025, of which 65 were originated and 23 denied.
17.8% of all applications, or 20.4% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans First Colony Mortgage originated in New York in 2025 was 7.25%, against a statewide median of 6.63%.
About this data. Figures are First Colony Mortgage'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