Hometown Equity Mortgage in New York vs the state
40.2%Denial rate+20.46 pts vs state
40.6%Decision denial rate+16.60 pts vs state
58.0%Origination rate-1.59 pts vs state
7.38%Median rate+0.75 pts vs state
—Rate spread (pts)
$40kMedian applicant income
714Loans originated
495Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 472 | 209 | 52.3% | 8.88% | #118 |
| 2024 | 699 | 355 | 47.2% | 7.75% | #99 |
| 2025 | 1,231 | 714 | 40.2% | 7.38% | #73 |
What Hometown Equity Mortgage lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Hometown Equity Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Kings County | 164 | 94 | 67 | 40.9% |
| Queens County | 160 | 98 | 58 | 36.3% |
| Suffolk County | 121 | 77 | 43 | 35.5% |
| Nassau County | 97 | 54 | 41 | 42.3% |
| Rockland County | 64 | 43 | 19 | 29.7% |
| Westchester County | 62 | 42 | 20 | 32.3% |
| Bronx County | 61 | 36 | 25 | 41.0% |
| Erie County | 60 | 31 | 28 | 46.7% |
| Albany County | 50 | 30 | 20 | 40.0% |
| Monroe County | 50 | 28 | 22 | 44.0% |
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: 1,231 applications in 2025, of which 714 were originated and 495 denied.
40.2% of all applications, or 40.6% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Hometown Equity Mortgage originated in New York in 2025 was 7.38%, against a statewide median of 6.63%.
About this data. Figures are Hometown Equity Mortgage'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