Logan Finance · New York · 2025

Logan Finance in New York: approval rate, denial rate and rates (2025)

Logan Finance took 1,130 mortgage applications in New York in 2025, ranking #80 of 750 lenders active in the state. It originated 50.9% of them and denied 14.9% (22.2% of the applications it decided), against a statewide denial rate of 19.8%.

1.1kApplicationsin NY
22.2%Decision denial ratestate 24.0%
7.12%Median ratestate 6.63%
$545,000Median loanstate $235,000
$340MVolume36 counties

Logan Finance in New York vs the state

14.9%Denial rate-4.88 pts vs state
22.2%Decision denial rate-1.82 pts vs state
50.9%Origination rate-8.71 pts vs state
7.12%Median rate+0.50 pts vs state
Rate spread (pts)
$492kMedian applicant income
575Loans originated
168Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236354036.6%8.50%#98
20248865667.3%7.62%#89
20251,13057514.9%7.12%#80

What Logan Finance lends in New York

By loan purpose

Home purchase 576 51% · 11.5% denied
Refinance 135 12% · 26.7% denied
Cash-out refinance 418 37% · 15.8% denied
Home improvement 1 0% · 0.0% denied

By loan type

Conventional 1,130 100% · 14.9% denied

Why it denied New York applicants

Other 56 33%
Credit history 49 29%
Collateral 46 27%
Insufficient cash 7 4%
Incomplete application 5 3%
Unverifiable information 4 2%
Debt-to-income ratio 1 1%

Where in New York

Counties with the most Logan Finance applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kings County 23710735 14.8%
Orange County 1287912 9.4%
Queens County 1276118 14.2%
Suffolk County 1248311 8.9%
Bronx County 873622 25.3%
Rockland County 854212 14.1%
Nassau County 623110 16.1%
Sullivan County 421810 23.8%
Westchester County 41216 14.6%
Dutchess County 28185 17.9%

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%
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: 1,130 applications in 2025, of which 575 were originated and 168 denied.

14.9% of all applications, or 22.2% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Logan Finance originated in New York in 2025 was 7.12%, against a statewide median of 6.63%.

About this data. Figures are Logan Finance'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