Mlb Residential Lending · New York · 2025

Mlb Residential Lending in New York: approval rate, denial rate and rates (2025)

Mlb Residential Lending took 106 mortgage applications in New York in 2025, ranking #260 of 750 lenders active in the state. It originated 73.6% of them and denied 7.6% (8.8% of the applications it decided), against a statewide denial rate of 19.8%.

106Applicationsin NY
8.8%Decision denial ratestate 24.0%
6.88%Median ratestate 6.63%
$445,000Median loanstate $235,000
$36MVolume24 counties

Mlb Residential Lending in New York vs the state

7.6%Denial rate-12.20 pts vs state
8.8%Decision denial rate-15.25 pts vs state
73.6%Origination rate+13.99 pts vs state
6.88%Median rate+0.25 pts vs state
0.89Rate spread (pts)+0.68 pts vs state
$135kMedian applicant income
78Loans originated
8Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231297518.6%7.13%#239
20241007115.0%7.25%#264
2025106787.6%6.88%#260

What Mlb Residential Lending lends in New York

By loan purpose

Home purchase 74 70% · 6.8% denied
Refinance 7 7% · 0.0% denied
Cash-out refinance 25 24% · 12.0% denied

By loan type

Conventional 74 70% · 4.1% denied
FHA 31 29% · 16.1% denied
USDA / RHS 1 1% · 0.0% denied

Why it denied New York applicants

Credit history 3 38%
Unverifiable information 3 38%
Other 1 13%
Debt-to-income ratio 1 13%

Where in New York

Counties with the most Mlb Residential Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Suffolk County 38320 0.0%
Richmond County 13121 7.7%
Queens County 961 11.1%
Kings County 841 12.5%
Nassau County 650 0.0%
Dutchess County 650 0.0%
Westchester County 300 0.0%
Wayne County 220 0.0%
Schenectady County 211 50.0%
Onondaga County 210 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: 106 applications in 2025, of which 78 were originated and 8 denied.

7.6% of all applications, or 8.8% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Mlb Residential Lending originated in New York in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Mlb Residential Lending'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