Metro City Bank · New York · 2025

Metro City Bank in New York: approval rate, denial rate and rates (2025)

Metro City Bank took 650 mortgage applications in New York in 2025, ranking #116 of 750 lenders active in the state. It originated 88.6% of them and denied 2.8% (2.8% of the applications it decided), against a statewide denial rate of 19.8%.

650Applicationsin NY
2.8%Decision denial ratestate 24.0%
6.25%Median ratestate 6.63%
$445,000Median loanstate $235,000
$275MVolume23 counties

Metro City Bank in New York vs the state

2.8%Denial rate-16.98 pts vs state
2.8%Decision denial rate-21.22 pts vs state
88.6%Origination rate+29.03 pts vs state
6.25%Median rate-0.38 pts vs state
1.97Rate spread (pts)+1.76 pts vs state
$228kMedian applicant income
576Loans originated
18Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232962493.4%7.25%#164
20245754854.9%7.13%#109
20256505762.8%6.25%#116

What Metro City Bank lends in New York

By loan purpose

Home purchase 612 94% · 2.5% denied
Refinance 11 2% · 9.1% denied
Cash-out refinance 8 1% · 0.0% denied
Home improvement 7 1% · 0.0% denied
Other / HELOC 12 2% · 16.7% denied

By loan type

Conventional 650 100% · 2.8% denied

Why it denied New York applicants

Unverifiable information 9 50%
Other 5 28%
Collateral 2 11%
Credit history 2 11%

Where in New York

Counties with the most Metro City Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Queens County 2412129 3.7%
Kings County 1191026 5.0%
Richmond County 1111041 0.9%
Nassau County 83760 0.0%
Suffolk County 15140 0.0%
Monroe County 15140 0.0%
Onondaga County 1281 8.3%
Albany County 750 0.0%
New York County 751 14.3%
Bronx County 650 0.0%

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: 650 applications in 2025, of which 576 were originated and 18 denied.

2.8% of all applications, or 2.8% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Metro City Bank originated in New York in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Metro City 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