Manufacturers and Traders Trust in New York vs the state
31.3%Denial rate+11.53 pts vs state
34.2%Decision denial rate+10.19 pts vs state
57.3%Origination rate-2.25 pts vs state
5.99%Median rate-0.63 pts vs state
-0.45Rate spread (pts)-0.66 pts vs state
$102kMedian applicant income
7,073Loans originated
3,858Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 10,767 | 6,388 | 31.5% | 6.99% | #5 |
| 2024 | 11,292 | 6,725 | 31.2% | 7.00% | #6 |
| 2025 | 12,335 | 7,073 | 31.3% | 5.99% | #5 |
What Manufacturers and Traders Trust lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Manufacturers and Traders Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Erie County | 3,144 | 2,140 | 692 | 22.0% |
| Suffolk County | 1,099 | 552 | 438 | 39.9% |
| Monroe County | 864 | 496 | 265 | 30.7% |
| Onondaga County | 708 | 390 | 214 | 30.2% |
| Westchester County | 500 | 270 | 169 | 33.8% |
| Niagara County | 498 | 348 | 109 | 21.9% |
| Nassau County | 393 | 209 | 137 | 34.9% |
| Queens County | 360 | 128 | 165 | 45.8% |
| Broome County | 324 | 194 | 95 | 29.3% |
| Kings County | 313 | 142 | 126 | 40.3% |
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% |
| 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% |
| Crosscountry Mortgage | B | 7,792 | 5.5% | 6.75% |
Frequently asked questions
New York: 12,335 applications in 2025, of which 7,073 were originated and 3,858 denied.
31.3% of all applications, or 34.2% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Manufacturers and Traders Trust originated in New York in 2025 was 5.99%, against a statewide median of 6.63%.
About this data. Figures are Manufacturers and Traders Trust'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