Ownerschoice Funding in New York vs the state
12.7%Denial rate-7.02 pts vs state
16.7%Decision denial rate-7.37 pts vs state
63.6%Origination rate+4.05 pts vs state
6.56%Median rate-0.06 pts vs state
0.23Rate spread (pts)+0.02 pts vs state
$87kMedian applicant income
70Loans originated
14Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 46 | 13 | 39.1% | 6.63% | #336 |
| 2024 | 167 | 82 | 19.8% | 6.63% | #214 |
| 2025 | 110 | 70 | 12.7% | 6.56% | #255 |
What Ownerschoice 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 Ownerschoice Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Erie County | 51 | 32 | 7 | 13.7% |
| Chautauqua County | 13 | 8 | 1 | 7.7% |
| Niagara County | 7 | 5 | 1 | 14.3% |
| Essex County | 6 | 4 | 1 | 16.7% |
| Monroe County | 6 | 3 | 0 | 0.0% |
| Herkimer County | 4 | 1 | 2 | 50.0% |
| St. Lawrence County | 3 | 1 | 1 | 33.3% |
| Warren County | 2 | 2 | 0 | 0.0% |
| Orange County | 2 | 2 | 0 | 0.0% |
| Chenango County | 2 | 2 | 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: 110 applications in 2025, of which 70 were originated and 14 denied.
12.7% of all applications, or 16.7% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Ownerschoice Funding originated in New York in 2025 was 6.56%, against a statewide median of 6.63%.
About this data. Figures are Ownerschoice 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