Goldman Sachs Bank USA · New York · 2025

Goldman Sachs Bank USA in New York: approval rate, denial rate and rates (2025)

Goldman Sachs Bank USA took 225 mortgage applications in New York in 2025, ranking #196 of 750 lenders active in the state. It originated 40.4% of them and denied 28.0% (39.4% of the applications it decided), against a statewide denial rate of 19.8%.

225Applicationsin NY
39.4%Decision denial ratestate 24.0%
5.66%Median ratestate 6.63%
$7,005,000Median loanstate $235,000
$269MVolume15 counties

Goldman Sachs Bank USA in New York vs the state

28.0%Denial rate+8.25 pts vs state
39.4%Decision denial rate+15.34 pts vs state
40.4%Origination rate-19.15 pts vs state
5.66%Median rate-0.97 pts vs state
-0.07Rate spread (pts)-0.28 pts vs state
$676kMedian applicant income
91Loans originated
63Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231216824.0%5.40%#247
20241556836.8%6.30%#220
20252259128.0%5.66%#196

What Goldman Sachs Bank USA lends in New York

By loan purpose

Home purchase 66 29% · 9.1% denied
Refinance 120 53% · 45.8% denied
Cash-out refinance 6 3% · 0.0% denied
Other / HELOC 33 15% · 6.1% denied

By loan type

Conventional 225 100% · 28.0% denied

Why it denied New York applicants

Other 53 84%
Collateral 6 10%
Debt-to-income ratio 2 3%
Credit history 2 3%

Where in New York

Counties with the most Goldman Sachs Bank USA applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New York County 1014223 22.8%
Kings County 551322 40.0%
Westchester County 17134 23.5%
Suffolk County 16122 12.5%
Queens County 905 55.6%
Bronx County 804 50.0%
Ulster County 421 25.0%
Nassau County 411 25.0%
Orange County 320 0.0%
Rockland County 211 50.0%

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: 225 applications in 2025, of which 91 were originated and 63 denied.

28.0% of all applications, or 39.4% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Goldman Sachs Bank USA originated in New York in 2025 was 5.66%, against a statewide median of 6.63%.

About this data. Figures are Goldman Sachs Bank USA'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