Lake Shore Savings Bank · New York · 2025

Lake Shore Savings Bank in New York: approval rate, denial rate and rates (2025)

Lake Shore Savings Bank took 171 mortgage applications in New York in 2025, ranking #222 of 750 lenders active in the state. It originated 68.4% of them and denied 21.1% (23.4% of the applications it decided), against a statewide denial rate of 19.8%.

171Applicationsin NY
23.4%Decision denial ratestate 24.0%
Median ratestate 6.63%
$105,000Median loanstate $235,000
$31MVolume5 counties

Lake Shore Savings Bank in New York vs the state

21.1%Denial rate+1.30 pts vs state
23.4%Decision denial rate-0.66 pts vs state
68.4%Origination rate+8.83 pts vs state
Median rate
Rate spread (pts)
$92kMedian applicant income
117Loans originated
36Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
202333322810.2%#154
202418812021.3%#208
202517111721.1%#222

What Lake Shore Savings Bank lends in New York

By loan purpose

Home purchase 56 33% · 17.9% denied
Refinance 33 19% · 18.2% denied
Cash-out refinance 11 6% · 18.2% denied
Home improvement 53 31% · 22.6% denied
Other / HELOC 18 11% · 33.3% denied

By loan type

Conventional 171 100% · 21.1% denied

Why it denied New York applicants

Credit history 18 50%
Debt-to-income ratio 11 31%
Collateral 6 17%
Other 1 3%

Where in New York

Counties with the most Lake Shore Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Chautauqua County 1117324 21.6%
Erie County 503611 22.0%
Niagara County 550 0.0%
Cattaraugus County 321 33.3%
Genesee County 210 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: 171 applications in 2025, of which 117 were originated and 36 denied.

21.1% of all applications, or 23.4% 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 Lake Shore Savings 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