Five Star Bank · New York · 2025

Five Star Bank in New York: approval rate, denial rate and rates (2025)

Five Star Bank took 986 mortgage applications in New York in 2025, ranking #92 of 750 lenders active in the state. It originated 71.0% of them and denied 10.7% (12.7% of the applications it decided), against a statewide denial rate of 19.8%.

986Applicationsin NY
12.7%Decision denial ratestate 24.0%
6.75%Median ratestate 6.63%
$135,000Median loanstate $235,000
$326MVolume25 counties

Five Star Bank in New York vs the state

10.7%Denial rate-9.10 pts vs state
12.7%Decision denial rate-11.30 pts vs state
71.0%Origination rate+11.40 pts vs state
6.75%Median rate+0.13 pts vs state
0.53Rate spread (pts)+0.32 pts vs state
$84kMedian applicant income
700Loans originated
105Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,4341,02915.3%6.75%#53
202499272012.4%6.88%#81
202598670010.7%6.75%#92

What Five Star Bank lends in New York

By loan purpose

Home purchase 488 49% · 4.9% denied
Refinance 144 15% · 6.3% denied
Cash-out refinance 23 2% · 4.4% denied
Home improvement 230 23% · 22.6% denied
Other / HELOC 101 10% · 18.8% denied

By loan type

Conventional 922 94% · 10.4% denied
FHA 56 6% · 16.1% denied
VA 7 1% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied New York applicants

Debt-to-income ratio 45 43%
Credit history 31 30%
Collateral 24 23%
Unverifiable information 3 3%
Insufficient cash 1 1%
Employment history 1 1%

Where in New York

Counties with the most Five Star Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Erie County 31021630 9.7%
Monroe County 15111215 9.9%
Ontario County 68583 4.4%
Cattaraugus County 664511 16.7%
Wyoming County 625010 16.1%
Livingston County 49391 2.0%
Niagara County 48333 6.3%
Genesee County 40258 20.0%
Steuben County 35195 14.3%
Allegany County 29177 24.1%

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: 986 applications in 2025, of which 700 were originated and 105 denied.

10.7% of all applications, or 12.7% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

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

About this data. Figures are Five Star 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