Flagstar Bank in New York vs the state
34.0%Denial rate+14.23 pts vs state
48.2%Decision denial rate+24.14 pts vs state
33.7%Origination rate-25.89 pts vs state
6.50%Median rate-0.13 pts vs state
0.19Rate spread (pts)-0.02 pts vs state
$148kMedian applicant income
367Loans originated
370Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,809 | 844 | 31.6% | 6.99% | #44 |
| 2024 | 1,860 | 819 | 31.3% | 6.88% | #40 |
| 2025 | 1,089 | 367 | 34.0% | 6.50% | #82 |
What Flagstar Bank lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Flagstar Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Queens County | 213 | 57 | 66 | 31.0% |
| Nassau County | 200 | 75 | 63 | 31.5% |
| Suffolk County | 138 | 50 | 36 | 26.1% |
| Richmond County | 125 | 44 | 50 | 40.0% |
| Kings County | 103 | 30 | 41 | 39.8% |
| Westchester County | 77 | 28 | 27 | 35.1% |
| Bronx County | 35 | 13 | 11 | 31.4% |
| New York County | 32 | 10 | 9 | 28.1% |
| Erie County | 27 | 11 | 6 | 22.2% |
| Rockland County | 22 | 6 | 13 | 59.1% |
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: 1,089 applications in 2025, of which 367 were originated and 370 denied.
34.0% of all applications, or 48.2% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Flagstar Bank originated in New York in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Flagstar 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