Guaranteed Rate in New York vs the state
4.4%Denial rate-15.37 pts vs state
7.7%Decision denial rate-16.35 pts vs state
52.0%Origination rate-7.59 pts vs state
6.63%Median rate0.00 pts vs state
0.12Rate spread (pts)-0.09 pts vs state
$175kMedian applicant income
1,116Loans originated
94Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,368 | 953 | 5.1% | 6.55% | #32 |
| 2024 | 1,781 | 1,044 | 4.7% | 6.63% | #41 |
| 2025 | 2,146 | 1,116 | 4.4% | 6.63% | #38 |
What Guaranteed Rate lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Guaranteed Rate applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Rockland County | 288 | 215 | 3 | 1.0% |
| Kings County | 215 | 100 | 13 | 6.0% |
| New York County | 210 | 87 | 9 | 4.3% |
| Suffolk County | 185 | 92 | 9 | 4.9% |
| Westchester County | 176 | 87 | 4 | 2.3% |
| Nassau County | 149 | 72 | 5 | 3.4% |
| Orange County | 115 | 66 | 5 | 4.3% |
| Queens County | 104 | 42 | 6 | 5.8% |
| Richmond County | 75 | 35 | 2 | 2.7% |
| Columbia County | 59 | 37 | 2 | 3.4% |
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: 2,146 applications in 2025, of which 1,116 were originated and 94 denied.
4.4% of all applications, or 7.7% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Guaranteed Rate originated in New York in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Guaranteed Rate'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