Garden Savings Federal Credit Union · New York · 2025

Garden Savings Federal Credit Union in New York: approval rate, denial rate and rates (2025)

Garden Savings Federal Credit Union took 6 mortgage applications in New York in 2025, ranking #498 of 750 lenders active in the state. It originated 66.7% of them and denied 16.7% (20.0% of the applications it decided), against a statewide denial rate of 19.8%.

6Applicationsin NY
20.0%Decision denial ratestate 24.0%
6.75%Median ratestate 6.63%
$165,000Median loanstate $235,000
$790kVolume3 counties

Garden Savings Federal Credit Union in New York vs the state

16.7%Denial rate-3.08 pts vs state
20.0%Decision denial rate-4.04 pts vs state
66.7%Origination rate+7.08 pts vs state
6.75%Median rate+0.13 pts vs state
0.56Rate spread (pts)+0.35 pts vs state
$240kMedian applicant income
4Loans originated
1Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20238625.0%6.06%#465
20246333.3%6.88%#486
20256416.7%6.75%#498

What Garden Savings Federal Credit Union lends in New York

By loan purpose

Home improvement 4 67% · 0.0% denied
Other / HELOC 2 33% · 50.0% denied

By loan type

Conventional 6 100% · 16.7% denied

Why it denied New York applicants

Credit history 1 100%

Where in New York

Counties with the most Garden Savings Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sullivan County 321 33.3%
Richmond County 220 0.0%
Dutchess 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: 6 applications in 2025, of which 4 were originated and 1 denied.

16.7% of all applications, or 20.0% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Garden Savings Federal Credit Union originated in New York in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Garden Savings Federal Credit Union'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