HSBC Bank USA in New York vs the state
11.7%Denial rate-8.01 pts vs state
16.5%Decision denial rate-7.50 pts vs state
57.4%Origination rate-2.17 pts vs state
5.99%Median rate-0.63 pts vs state
-0.13Rate spread (pts)-0.34 pts vs state
$386kMedian applicant income
538Loans originated
110Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,023 | 606 | 9.7% | 6.13% | #77 |
| 2024 | 1,001 | 575 | 9.5% | 6.27% | #80 |
| 2025 | 937 | 538 | 11.7% | 5.99% | #97 |
What HSBC Bank USA lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most HSBC Bank USA applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| New York County | 342 | 192 | 39 | 11.4% |
| Kings County | 205 | 115 | 19 | 9.3% |
| Westchester County | 107 | 62 | 12 | 11.2% |
| Queens County | 73 | 47 | 11 | 15.1% |
| Nassau County | 66 | 38 | 6 | 9.1% |
| Suffolk County | 60 | 33 | 12 | 20.0% |
| Erie County | 29 | 22 | 1 | 3.4% |
| Bronx County | 9 | 5 | 2 | 22.2% |
| Ulster County | 8 | 4 | 1 | 12.5% |
| Rockland County | 7 | 5 | 1 | 14.3% |
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: 937 applications in 2025, of which 538 were originated and 110 denied.
11.7% of all applications, or 16.5% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans HSBC Bank USA originated in New York in 2025 was 5.99%, against a statewide median of 6.63%.
About this data. Figures are HSBC 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