Loan Funder in New York vs the state
10.0%Denial rate-9.80 pts vs state
15.2%Decision denial rate-8.87 pts vs state
55.7%Origination rate-3.92 pts vs state
9.99%Median rate+3.37 pts vs state
—Rate spread (pts)
—Median applicant income
1,689Loans originated
302Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,801 | 1,168 | 4.5% | 10.25% | #45 |
| 2024 | 3,530 | 1,851 | 9.0% | 10.50% | #22 |
| 2025 | 3,034 | 1,689 | 10.0% | 9.99% | #28 |
What Loan Funder lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Loan Funder applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Suffolk County | 651 | 492 | 27 | 4.1% |
| Kings County | 370 | 160 | 47 | 12.7% |
| Nassau County | 345 | 232 | 30 | 8.7% |
| Queens County | 290 | 130 | 23 | 7.9% |
| Bronx County | 197 | 107 | 12 | 6.1% |
| Orange County | 167 | 82 | 24 | 14.4% |
| Westchester County | 148 | 92 | 11 | 7.4% |
| Albany County | 80 | 42 | 8 | 10.0% |
| Onondaga County | 71 | 33 | 12 | 16.9% |
| Rockland County | 66 | 27 | 12 | 18.2% |
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: 3,034 applications in 2025, of which 1,689 were originated and 302 denied.
10.0% of all applications, or 15.2% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Loan Funder originated in New York in 2025 was 9.99%, against a statewide median of 6.63%.
About this data. Figures are Loan Funder'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