Jet Direct Funding · New York · 2025

Jet Direct Funding in New York: approval rate, denial rate and rates (2025)

Jet Direct Funding took 376 mortgage applications in New York in 2025, ranking #158 of 750 lenders active in the state. It originated 68.6% of them and denied 5.3% (6.9% of the applications it decided), against a statewide denial rate of 19.8%.

376Applicationsin NY
6.9%Decision denial ratestate 24.0%
6.75%Median ratestate 6.63%
$565,000Median loanstate $235,000
$151MVolume20 counties

Jet Direct Funding in New York vs the state

5.3%Denial rate-14.43 pts vs state
6.9%Decision denial rate-17.14 pts vs state
68.6%Origination rate+9.03 pts vs state
6.75%Median rate+0.13 pts vs state
0.54Rate spread (pts)+0.33 pts vs state
$160kMedian applicant income
258Loans originated
20Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233742499.4%6.75%#141
20244502719.6%6.75%#127
20253762585.3%6.75%#158

What Jet Direct Funding lends in New York

By loan purpose

Home purchase 313 83% · 5.8% denied
Refinance 16 4% · 0.0% denied
Cash-out refinance 47 13% · 4.3% denied

By loan type

Conventional 303 81% · 4.0% denied
FHA 69 18% · 10.1% denied
VA 4 1% · 25.0% denied

Why it denied New York applicants

Debt-to-income ratio 6 30%
Other 5 25%
Collateral 4 20%
Employment history 2 10%
Unverifiable information 2 10%
Credit history 1 5%

Where in New York

Counties with the most Jet Direct Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Suffolk County 1561175 3.2%
Queens County 58370 0.0%
Nassau County 44303 6.8%
Bronx County 37254 10.8%
Kings County 22142 9.1%
Westchester County 21133 14.3%
Richmond County 751 14.3%
Orange County 650 0.0%
Ulster County 530 0.0%
Rockland County 522 40.0%

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: 376 applications in 2025, of which 258 were originated and 20 denied.

5.3% of all applications, or 6.9% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Jet Direct Funding originated in New York in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Jet Direct Funding'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