FlexPoint · New York · 2025

FlexPoint in New York: approval rate, denial rate and rates (2025)

FlexPoint took 30 mortgage applications in New York in 2025, ranking #377 of 750 lenders active in the state. It originated 36.7% of them and denied 13.3% (23.5% of the applications it decided), against a statewide denial rate of 19.8%.

30Applicationsin NY
23.5%Decision denial ratestate 24.0%
7.00%Median ratestate 6.63%
$455,000Median loanstate $235,000
$4.3MVolume13 counties

FlexPoint in New York vs the state

13.3%Denial rate-6.42 pts vs state
23.5%Decision denial rate-0.51 pts vs state
36.7%Origination rate-22.92 pts vs state
7.00%Median rate+0.38 pts vs state
Rate spread (pts)
$1,209kMedian applicant income
11Loans originated
4Denied

What FlexPoint lends in New York

By loan purpose

Home purchase 19 63% · 10.5% denied
Refinance 1 3% · 0.0% denied
Cash-out refinance 10 33% · 20.0% denied

By loan type

Conventional 30 100% · 13.3% denied

Why it denied New York applicants

Collateral 2 50%
Other 1 25%
Credit history 1 25%

Where in New York

Counties with the most FlexPoint applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Queens County 822 25.0%
Erie County 420 0.0%
Kings County 301 33.3%
Albany County 320 0.0%
Nassau County 320 0.0%
Suffolk County 210 0.0%
Greene County 100 0.0%
New York County 101 100.0%
Richmond County 100 0.0%
Rensselaer 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: 30 applications in 2025, of which 11 were originated and 4 denied.

13.3% of all applications, or 23.5% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans FlexPoint originated in New York in 2025 was 7.00%, against a statewide median of 6.63%.

About this data. Figures are FlexPoint'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