JPMorgan Chase Bank · New York · 2025

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

JPMorgan Chase Bank took 14,735 mortgage applications in New York in 2025, ranking #4 of 750 lenders active in the state. It originated 62.2% of them and denied 11.7% (15.4% of the applications it decided), against a statewide denial rate of 19.8%.

15kApplicationsin NY
15.4%Decision denial ratestate 24.0%
6.38%Median ratestate 6.63%
$435,000Median loanstate $235,000
$9.6BVolume62 counties

JPMorgan Chase Bank in New York vs the state

11.7%Denial rate-8.10 pts vs state
15.4%Decision denial rate-8.67 pts vs state
62.2%Origination rate+2.60 pts vs state
6.38%Median rate-0.25 pts vs state
-0.04Rate spread (pts)-0.25 pts vs state
$164kMedian applicant income
9,163Loans originated
1,717Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
202310,7677,31710.3%6.40%#6
202411,4407,36210.8%6.50%#5
202514,7359,16311.7%6.38%#4

What JPMorgan Chase Bank lends in New York

By loan purpose

Home purchase 9,807 67% · 9.5% denied
Refinance 1,461 10% · 10.5% denied
Cash-out refinance 1,820 12% · 16.7% denied
Home improvement 632 4% · 22.3% denied
Other / HELOC 1,015 7% · 18.3% denied

By loan type

Conventional 14,409 98% · 11.2% denied
FHA 278 2% · 34.5% denied
VA 48 0% · 8.3% denied

Why it denied New York applicants

Collateral 580 34%
Debt-to-income ratio 503 29%
Other 302 18%
Credit history 144 8%
Unverifiable information 100 6%
Insufficient cash 53 3%
Employment history 34 2%
Mortgage insurance denied 1 0%

Where in New York

Counties with the most JPMorgan Chase Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Queens County 2,1481,343262 12.2%
New York County 1,9351,241182 9.4%
Kings County 1,9231,195252 13.1%
Nassau County 1,7371,073180 10.4%
Suffolk County 1,7021,100172 10.1%
Westchester County 1,6501,093155 9.4%
Bronx County 53830598 18.2%
Richmond County 47631559 12.4%
Rockland County 28016034 12.1%
Orange County 27516041 14.9%

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%
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%
Crosscountry MortgageB 7,7925.5%6.75%

Frequently asked questions

New York: 14,735 applications in 2025, of which 9,163 were originated and 1,717 denied.

11.7% of all applications, or 15.4% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans JPMorgan Chase Bank originated in New York in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are JPMorgan Chase 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