National Cooperative Bank · New York · 2025

National Cooperative Bank in New York: approval rate, denial rate and rates (2025)

National Cooperative Bank took 439 mortgage applications in New York in 2025, ranking #148 of 750 lenders active in the state. It originated 72.2% of them and denied 13.2% (15.2% of the applications it decided), against a statewide denial rate of 19.8%.

439Applicationsin NY
15.2%Decision denial ratestate 24.0%
6.54%Median ratestate 6.63%
$505,000Median loanstate $235,000
$655MVolume11 counties

National Cooperative Bank in New York vs the state

13.2%Denial rate-6.54 pts vs state
15.2%Decision denial rate-8.82 pts vs state
72.2%Origination rate+12.62 pts vs state
6.54%Median rate-0.08 pts vs state
0.23Rate spread (pts)+0.02 pts vs state
$141kMedian applicant income
317Loans originated
58Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
202331220118.3%6.33%#159
202430219520.2%6.75%#163
202543931713.2%6.54%#148

What National Cooperative Bank lends in New York

By loan purpose

Home purchase 141 32% · 11.4% denied
Refinance 206 47% · 1.9% denied
Cash-out refinance 26 6% · 23.1% denied
Home improvement 2 0% · 0.0% denied
Other / HELOC 64 15% · 50.0% denied

By loan type

Conventional 439 100% · 13.2% denied

Why it denied New York applicants

Debt-to-income ratio 20 34%
Other 14 24%
Credit history 12 21%
Incomplete application 8 14%
Collateral 4 7%

Where in New York

Counties with the most National Cooperative Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
New York County 18113517 9.4%
Queens County 784916 20.5%
Kings County 51368 15.7%
Westchester County 45327 15.6%
Bronx County 40276 15.0%
Nassau County 26241 3.8%
Suffolk County 12101 8.3%
Putnam County 110 0.0%
Dutchess County 101 100.0%
Richmond County 101 100.0%

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: 439 applications in 2025, of which 317 were originated and 58 denied.

13.2% of all applications, or 15.2% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans National Cooperative Bank originated in New York in 2025 was 6.54%, against a statewide median of 6.63%.

About this data. Figures are National Cooperative 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