Magnolia Bank in New York vs the state
10.1%Denial rate-9.67 pts vs state
12.9%Decision denial rate-11.14 pts vs state
66.4%Origination rate+6.80 pts vs state
6.63%Median rate0.00 pts vs state
0.81Rate spread (pts)+0.60 pts vs state
$92kMedian applicant income
79Loans originated
12Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 46 | 25 | 17.4% | 6.63% | #335 |
| 2024 | 99 | 63 | 13.1% | 6.62% | #266 |
| 2025 | 119 | 79 | 10.1% | 6.63% | #250 |
What Magnolia Bank lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Magnolia Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Westchester County | 10 | 5 | 2 | 20.0% |
| Queens County | 8 | 6 | 1 | 12.5% |
| Suffolk County | 6 | 3 | 1 | 16.7% |
| Erie County | 6 | 4 | 0 | 0.0% |
| Nassau County | 6 | 4 | 0 | 0.0% |
| Chautauqua County | 5 | 3 | 0 | 0.0% |
| St. Lawrence County | 5 | 4 | 1 | 20.0% |
| Broome County | 4 | 3 | 1 | 25.0% |
| Oswego County | 4 | 4 | 0 | 0.0% |
| Niagara County | 4 | 4 | 0 | 0.0% |
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: 119 applications in 2025, of which 79 were originated and 12 denied.
10.1% of all applications, or 12.9% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Magnolia Bank originated in New York in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Magnolia 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