Guidance Residential · New York · 2025

Guidance Residential in New York: approval rate, denial rate and rates (2025)

Guidance Residential took 349 mortgage applications in New York in 2025, ranking #166 of 750 lenders active in the state. It originated 71.6% of them and denied 3.4% (4.3% of the applications it decided), against a statewide denial rate of 19.8%.

349Applicationsin NY
4.3%Decision denial ratestate 24.0%
6.94%Median ratestate 6.63%
$325,000Median loanstate $235,000
$103MVolume22 counties

Guidance Residential in New York vs the state

3.4%Denial rate-16.31 pts vs state
4.3%Decision denial rate-19.72 pts vs state
71.6%Origination rate+12.04 pts vs state
6.94%Median rate+0.31 pts vs state
0.44Rate spread (pts)+0.23 pts vs state
$130kMedian applicant income
250Loans originated
12Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232311536.1%7.00%#181
20242571555.8%7.00%#180
20253492503.4%6.94%#166

What Guidance Residential lends in New York

By loan purpose

Home purchase 280 80% · 2.5% denied
Refinance 31 9% · 3.2% denied
Cash-out refinance 38 11% · 10.5% denied

By loan type

Conventional 349 100% · 3.4% denied

Why it denied New York applicants

Collateral 6 50%
Debt-to-income ratio 2 17%
Credit history 2 17%
Unverifiable information 1 8%
Other 1 8%

Where in New York

Counties with the most Guidance Residential applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Erie County 98673 3.1%
Nassau County 55431 1.8%
Suffolk County 38251 2.6%
Queens County 29212 6.9%
Bronx County 21131 4.8%
Richmond County 17131 5.9%
Albany County 14111 7.1%
Broome County 14110 0.0%
Kings County 1362 15.4%
Onondaga County 1180 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: 349 applications in 2025, of which 250 were originated and 12 denied.

3.4% of all applications, or 4.3% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Guidance Residential originated in New York in 2025 was 6.94%, against a statewide median of 6.63%.

About this data. Figures are Guidance Residential'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