General Mortgage Capital in New York vs the state
1.0%Denial rate-18.79 pts vs state
1.3%Decision denial rate-22.78 pts vs state
73.4%Origination rate+13.81 pts vs state
6.50%Median rate-0.13 pts vs state
0.13Rate spread (pts)-0.08 pts vs state
$155kMedian applicant income
229Loans originated
3Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 100 | 70 | 6.0% | 6.56% | #263 |
| 2025 | 312 | 229 | 1.0% | 6.50% | #175 |
What General Mortgage Capital lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most General Mortgage Capital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Queens County | 91 | 61 | 1 | 1.1% |
| Nassau County | 47 | 35 | 0 | 0.0% |
| Kings County | 34 | 25 | 0 | 0.0% |
| Albany County | 32 | 28 | 1 | 3.1% |
| Richmond County | 26 | 21 | 0 | 0.0% |
| Saratoga County | 17 | 14 | 0 | 0.0% |
| Suffolk County | 11 | 7 | 0 | 0.0% |
| New York County | 9 | 6 | 1 | 11.1% |
| Rensselaer County | 8 | 6 | 0 | 0.0% |
| Orange County | 8 | 5 | 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: 312 applications in 2025, of which 229 were originated and 3 denied.
1.0% of all applications, or 1.3% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans General Mortgage Capital originated in New York in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are General Mortgage Capital'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