First Credit Corporation of New York in New York vs the state
62.3%Denial rate+42.53 pts vs state
66.6%Decision denial rate+42.52 pts vs state
11.1%Origination rate-48.48 pts vs state
7.99%Median rate+1.37 pts vs state
2.35Rate spread (pts)+2.14 pts vs state
$60kMedian applicant income
38Loans originated
213Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 435 | 70 | 66.4% | 7.49% | #125 |
| 2024 | 433 | 0 | 77.4% | — | #131 |
| 2025 | 342 | 38 | 62.3% | 7.99% | #167 |
What First Credit Corporation of New York 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 Credit Corporation of New York applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Dutchess County | 45 | 2 | 26 | 57.8% |
| Erie County | 34 | 3 | 27 | 79.4% |
| Niagara County | 32 | 5 | 19 | 59.4% |
| Saratoga County | 32 | 5 | 19 | 59.4% |
| Ulster County | 23 | 4 | 15 | 65.2% |
| Orange County | 20 | 1 | 16 | 80.0% |
| Columbia County | 18 | 2 | 14 | 77.8% |
| Ontario County | 12 | 2 | 5 | 41.7% |
| Albany County | 12 | 1 | 6 | 50.0% |
| Putnam County | 11 | 1 | 9 | 81.8% |
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: 342 applications in 2025, of which 38 were originated and 213 denied.
62.3% of all applications, or 66.6% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans First Credit Corporation of New York originated in New York in 2025 was 7.99%, against a statewide median of 6.63%.
About this data. Figures are First Credit Corporation of New York'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