NJ Lenders · New York · 2025

NJ Lenders in New York: approval rate, denial rate and rates (2025)

NJ Lenders took 259 mortgage applications in New York in 2025, ranking #187 of 750 lenders active in the state. It originated 69.5% of them and denied 7.3% (8.9% of the applications it decided), against a statewide denial rate of 19.8%.

259Applicationsin NY
8.9%Decision denial ratestate 24.0%
6.63%Median ratestate 6.63%
$535,000Median loanstate $235,000
$100MVolume22 counties

NJ Lenders in New York vs the state

7.3%Denial rate-12.41 pts vs state
8.9%Decision denial rate-15.12 pts vs state
69.5%Origination rate+9.91 pts vs state
6.63%Median rate0.00 pts vs state
0.01Rate spread (pts)-0.20 pts vs state
$168kMedian applicant income
180Loans originated
19Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234543479.0%6.63%#119
20244943674.9%6.63%#119
20252591807.3%6.63%#187

What NJ Lenders lends in New York

By loan purpose

Home purchase 215 83% · 7.4% denied
Refinance 14 5% · 0.0% denied
Cash-out refinance 30 12% · 10.0% denied

By loan type

Conventional 232 90% · 6.9% denied
FHA 24 9% · 12.5% denied
VA 3 1% · 0.0% denied

Why it denied New York applicants

Collateral 6 32%
Debt-to-income ratio 6 32%
Insufficient cash 3 16%
Employment history 1 5%
Unverifiable information 1 5%
Credit history 1 5%
Other 1 5%

Where in New York

Counties with the most NJ Lenders applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Suffolk County 83534 4.8%
Queens County 34292 5.9%
Kings County 28213 10.7%
Nassau County 27203 11.1%
Westchester County 19131 5.3%
New York County 17111 5.9%
Orange County 1490 0.0%
Rockland County 651 16.7%
Bronx County 640 0.0%
Richmond County 520 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: 259 applications in 2025, of which 180 were originated and 19 denied.

7.3% of all applications, or 8.9% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans NJ Lenders originated in New York in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are NJ Lenders'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