Freedom Mortgage in New York vs the state
13.7%Denial rate-6.04 pts vs state
30.5%Decision denial rate+6.48 pts vs state
30.1%Origination rate-29.51 pts vs state
6.75%Median rate+0.13 pts vs state
0.86Rate spread (pts)+0.65 pts vs state
$111kMedian applicant income
531Loans originated
242Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 662 | 201 | 22.2% | 6.75% | #97 |
| 2024 | 1,123 | 328 | 20.1% | 6.75% | #74 |
| 2025 | 1,765 | 531 | 13.7% | 6.75% | #47 |
What Freedom Mortgage lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Freedom Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Suffolk County | 326 | 97 | 41 | 12.6% |
| Nassau County | 153 | 32 | 21 | 13.7% |
| Erie County | 106 | 55 | 8 | 7.5% |
| Orange County | 80 | 21 | 7 | 8.8% |
| Onondaga County | 79 | 20 | 13 | 16.5% |
| Queens County | 68 | 17 | 9 | 13.2% |
| Monroe County | 64 | 15 | 13 | 20.3% |
| Westchester County | 58 | 15 | 7 | 12.1% |
| Kings County | 55 | 9 | 7 | 12.7% |
| Albany County | 42 | 16 | 6 | 14.3% |
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: 1,765 applications in 2025, of which 531 were originated and 242 denied.
13.7% of all applications, or 30.5% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Freedom Mortgage originated in New York in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are Freedom Mortgage'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