Northfield Bank · New York · 2025

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

Northfield Bank took 351 mortgage applications in New York in 2025, ranking #165 of 750 lenders active in the state. It originated 50.7% of them and denied 38.2% (40.7% of the applications it decided), against a statewide denial rate of 19.8%.

351Applicationsin NY
40.7%Decision denial ratestate 24.0%
Median ratestate 6.63%
$175,000Median loanstate $235,000
$105MVolume10 counties

Northfield Bank in New York vs the state

38.2%Denial rate+18.43 pts vs state
40.7%Decision denial rate+16.69 pts vs state
50.7%Origination rate-8.88 pts vs state
Median rate
Rate spread (pts)
$159kMedian applicant income
178Loans originated
134Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
202341214056.6%#130
202440513856.1%#138
202535117838.2%#165

What Northfield Bank lends in New York

By loan purpose

Home purchase 39 11% · 30.8% denied
Refinance 72 21% · 25.0% denied
Cash-out refinance 1 0% · 0.0% denied
Home improvement 143 41% · 46.2% denied
Other / HELOC 96 27% · 39.6% denied

By loan type

Conventional 351 100% · 38.2% denied

Why it denied New York applicants

Debt-to-income ratio 108 81%
Credit history 14 10%
Collateral 10 7%
Insufficient cash 1 1%
Unverifiable information 1 1%

Where in New York

Counties with the most Northfield Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Richmond County 23712590 38.0%
Kings County 743628 37.8%
Queens County 833 37.5%
Rockland County 724 57.1%
Westchester County 743 42.9%
Suffolk County 623 50.0%
Nassau County 621 16.7%
New York County 431 25.0%
Sullivan County 101 100.0%
Bronx County 110 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: 351 applications in 2025, of which 178 were originated and 134 denied.

38.2% of all applications, or 40.7% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Northfield 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