Northern Credit Union · New York · 2025

Northern Credit Union in New York: approval rate, denial rate and rates (2025)

Northern Credit Union took 1,062 mortgage applications in New York in 2025, ranking #85 of 750 lenders active in the state. It originated 70.8% of them and denied 17.0% (18.0% of the applications it decided), against a statewide denial rate of 19.8%.

1.1kApplicationsin NY
18.0%Decision denial ratestate 24.0%
6.38%Median ratestate 6.63%
$85,000Median loanstate $235,000
$99MVolume21 counties

Northern Credit Union in New York vs the state

17.0%Denial rate-2.71 pts vs state
18.0%Decision denial rate-6.03 pts vs state
70.8%Origination rate+11.22 pts vs state
6.38%Median rate-0.25 pts vs state
0.10Rate spread (pts)-0.11 pts vs state
$86kMedian applicant income
752Loans originated
181Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
202389857724.5%6.50%#88
202496470116.8%6.49%#85
20251,06275217.0%6.38%#85

What Northern Credit Union lends in New York

By loan purpose

Home purchase 283 27% · 5.0% denied
Refinance 159 15% · 13.2% denied
Cash-out refinance 62 6% · 3.2% denied
Home improvement 295 28% · 23.1% denied
Other / HELOC 263 25% · 28.9% denied

By loan type

Conventional 1,041 98% · 17.3% denied
VA 21 2% · 4.8% denied

Why it denied New York applicants

Credit history 79 44%
Debt-to-income ratio 70 39%
Collateral 19 10%
Unverifiable information 5 3%
Other 4 2%
Employment history 2 1%
Incomplete application 2 1%

Where in New York

Counties with the most Northern Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 49333991 18.5%
St. Lawrence County 17612232 18.2%
Lewis County 17011633 19.4%
Onondaga County 1128814 12.5%
Oswego County 68575 7.4%
Madison County 17142 11.8%
Franklin County 522 40.0%
Oneida County 420 0.0%
Monroe County 201 50.0%
Cortland County 220 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: 1,062 applications in 2025, of which 752 were originated and 181 denied.

17.0% of all applications, or 18.0% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Northern Credit Union originated in New York in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Northern Credit Union'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