Heritage Bank · New York · 2025

Heritage Bank in New York: approval rate, denial rate and rates (2025)

Heritage Bank took 11 mortgage applications in New York in 2025, ranking #459 of 750 lenders active in the state. It originated 54.6% of them and denied 9.1% (14.3% of the applications it decided), against a statewide denial rate of 19.8%.

11Applicationsin NY
14.3%Decision denial ratestate 24.0%
Median ratestate 6.63%
$485,000Median loanstate $235,000
$4.3MVolume9 counties

Heritage Bank in New York vs the state

9.1%Denial rate-10.66 pts vs state
14.3%Decision denial rate-9.75 pts vs state
54.6%Origination rate-5.04 pts vs state
Median rate
Rate spread (pts)
$288kMedian applicant income
6Loans originated
1Denied

What Heritage Bank lends in New York

By loan purpose

Home purchase 10 91% · 0.0% denied
Refinance 1 9% · 100.0% denied

By loan type

Conventional 10 91% · 10.0% denied
FHA 1 9% · 0.0% denied

Why it denied New York applicants

Credit history 1 100%

Where in New York

Counties with the most Heritage Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kings County 211 50.0%
Suffolk County 210 0.0%
St. Lawrence County 100 0.0%
Montgomery County 110 0.0%
Rockland County 110 0.0%
New York County 100 0.0%
Westchester County 110 0.0%
Ulster County 100 0.0%
Onondaga County 110 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: 11 applications in 2025, of which 6 were originated and 1 denied.

9.1% of all applications, or 14.3% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Heritage Bank'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