FM Home Loans in New York vs the state
1.8%Denial rate-17.93 pts vs state
2.3%Decision denial rate-21.76 pts vs state
66.8%Origination rate+7.18 pts vs state
6.88%Median rate+0.25 pts vs state
0.41Rate spread (pts)+0.20 pts vs state
$223kMedian applicant income
882Loans originated
24Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,083 | 657 | 2.7% | 6.88% | #71 |
| 2024 | 1,175 | 772 | 2.0% | 6.99% | #65 |
| 2025 | 1,321 | 882 | 1.8% | 6.88% | #65 |
What FM Home Loans lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most FM Home Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Kings County | 410 | 269 | 8 | 2.0% |
| Rockland County | 271 | 189 | 6 | 2.2% |
| Nassau County | 174 | 119 | 3 | 1.7% |
| Queens County | 121 | 81 | 2 | 1.7% |
| Orange County | 107 | 72 | 3 | 2.8% |
| New York County | 40 | 20 | 1 | 2.5% |
| Sullivan County | 36 | 25 | 0 | 0.0% |
| Westchester County | 34 | 26 | 0 | 0.0% |
| Richmond County | 34 | 18 | 1 | 2.9% |
| Bronx County | 31 | 20 | 0 | 0.0% |
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: 1,321 applications in 2025, of which 882 were originated and 24 denied.
1.8% of all applications, or 2.3% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans FM Home Loans originated in New York in 2025 was 6.88%, against a statewide median of 6.63%.
About this data. Figures are FM Home Loans'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