Peapack-Gladstone Bank · New York · 2025

Peapack-Gladstone Bank in New York: approval rate, denial rate and rates (2025)

Peapack-Gladstone Bank took 69 mortgage applications in New York in 2025, ranking #305 of 750 lenders active in the state. It originated 85.5% of them and denied 5.8% (6.0% of the applications it decided), against a statewide denial rate of 19.8%.

69Applicationsin NY
6.0%Decision denial ratestate 24.0%
Median ratestate 6.63%
$1,655,000Median loanstate $235,000
$142MVolume11 counties

Peapack-Gladstone Bank in New York vs the state

5.8%Denial rate-13.95 pts vs state
6.0%Decision denial rate-18.07 pts vs state
85.5%Origination rate+25.92 pts vs state
Median rate
Rate spread (pts)
$246kMedian applicant income
59Loans originated
4Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231090.0%6.88%#451
202422204.6%#378
202569595.8%#305

What Peapack-Gladstone Bank lends in New York

By loan purpose

Home purchase 25 36% · 16.0% denied
Refinance 38 55% · 0.0% denied
Cash-out refinance 4 6% · 0.0% denied
Other / HELOC 2 3% · 0.0% denied

By loan type

Conventional 69 100% · 5.8% denied

Where in New York

Counties with the most Peapack-Gladstone Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kings County 29252 6.9%
New York County 19161 5.3%
Bronx County 650 0.0%
Suffolk County 531 20.0%
Queens County 220 0.0%
Dutchess County 220 0.0%
Westchester County 220 0.0%
Onondaga County 110 0.0%
Nassau County 110 0.0%
Rockland 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: 69 applications in 2025, of which 59 were originated and 4 denied.

5.8% of all applications, or 6.0% 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 Peapack-Gladstone 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