Merchants Mortgage & Trust Corporation in New York vs the state
6.7%Denial rate-13.08 pts vs state
7.1%Decision denial rate-16.90 pts vs state
86.7%Origination rate+27.08 pts vs state
10.00%Median rate+3.38 pts vs state
—Rate spread (pts)
—Median applicant income
13Loans originated
1Denied
What Merchants Mortgage & Trust Corporation lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Merchants Mortgage & Trust Corporation applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Nassau County | 4 | 3 | 0 | 0.0% |
| Suffolk County | 2 | 1 | 1 | 50.0% |
| Westchester County | 2 | 2 | 0 | 0.0% |
| Kings County | 2 | 2 | 0 | 0.0% |
| Oneida County | 1 | 1 | 0 | 0.0% |
| Schenectady County | 1 | 1 | 0 | 0.0% |
| Otsego County | 1 | 1 | 0 | 0.0% |
| Queens County | 1 | 1 | 0 | 0.0% |
| Ulster County | 1 | 1 | 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: 15 applications in 2025, of which 13 were originated and 1 denied.
6.7% of all applications, or 7.1% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Merchants Mortgage & Trust Corporation originated in New York in 2025 was 10.00%, against a statewide median of 6.63%.
About this data. Figures are Merchants Mortgage & Trust Corporation'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