Loandepot.Com · New York · 2025

Loandepot.Com in New York: approval rate, denial rate and rates (2025)

Loandepot.Com took 3,857 mortgage applications in New York in 2025, ranking #23 of 750 lenders active in the state. It originated 67.7% of them and denied 18.5% (21.1% of the applications it decided), against a statewide denial rate of 19.8%.

3.9kApplicationsin NY
21.1%Decision denial ratestate 24.0%
6.75%Median ratestate 6.63%
$225,000Median loanstate $235,000
$871MVolume61 counties

Loandepot.Com in New York vs the state

18.5%Denial rate-1.24 pts vs state
21.1%Decision denial rate-2.98 pts vs state
67.7%Origination rate+8.13 pts vs state
6.75%Median rate+0.13 pts vs state
0.43Rate spread (pts)+0.22 pts vs state
$124kMedian applicant income
2,612Loans originated
714Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,8981,14921.2%6.63%#40
20242,5421,62619.3%6.63%#32
20253,8572,61218.5%6.75%#23

What Loandepot.Com lends in New York

By loan purpose

Home purchase 1,355 35% · 8.0% denied
Refinance 206 5% · 17.5% denied
Cash-out refinance 1,081 28% · 25.6% denied
Home improvement 5 0% · 0.0% denied
Other / HELOC 1,210 31% · 24.2% denied

By loan type

Conventional 3,064 79% · 15.8% denied
FHA 628 16% · 31.7% denied
VA 162 4% · 17.9% denied
USDA / RHS 3 0% · 33.3% denied

Why it denied New York applicants

Collateral 213 30%
Debt-to-income ratio 175 25%
Unverifiable information 133 19%
Credit history 83 12%
Incomplete application 70 10%
Insufficient cash 19 3%
Other 18 3%
Employment history 3 0%

Where in New York

Counties with the most Loandepot.Com applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Westchester County 62045958 9.4%
Suffolk County 43529785 19.5%
Nassau County 34223960 17.5%
Queens County 22214339 17.6%
Orange County 19014334 17.9%
Kings County 16711126 15.6%
Erie County 1489143 29.1%
Rockland County 1319520 15.3%
New York County 1318514 10.7%
Monroe County 1258230 24.0%

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: 3,857 applications in 2025, of which 2,612 were originated and 714 denied.

18.5% of all applications, or 21.1% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

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

About this data. Figures are Loandepot.Com'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