Network Capital Funding in New York vs the state
12.9%Denial rate-6.85 pts vs state
36.4%Decision denial rate+12.32 pts vs state
19.4%Origination rate-40.24 pts vs state
6.56%Median rate-0.06 pts vs state
0.14Rate spread (pts)-0.07 pts vs state
$106kMedian applicant income
6Loans originated
4Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 386 | 26 | 20.0% | 6.38% | #137 |
| 2024 | 110 | 15 | 8.2% | 6.88% | #254 |
| 2025 | 31 | 6 | 12.9% | 6.56% | #375 |
What Network Capital Funding lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Network Capital Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Suffolk County | 7 | 0 | 2 | 28.6% |
| Westchester County | 4 | 1 | 2 | 50.0% |
| Erie County | 3 | 0 | 0 | 0.0% |
| Queens County | 2 | 0 | 0 | 0.0% |
| Niagara County | 2 | 1 | 0 | 0.0% |
| Genesee County | 2 | 2 | 0 | 0.0% |
| Ontario County | 1 | 0 | 0 | 0.0% |
| New York County | 1 | 0 | 0 | 0.0% |
| Putnam County | 1 | 0 | 0 | 0.0% |
| Richmond County | 1 | 0 | 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: 31 applications in 2025, of which 6 were originated and 4 denied.
12.9% of all applications, or 36.4% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Network Capital Funding originated in New York in 2025 was 6.56%, against a statewide median of 6.63%.
About this data. Figures are Network Capital Funding'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