Pennymac Loan Services in New York vs the state
13.9%Denial rate-5.86 pts vs state
19.4%Decision denial rate-4.62 pts vs state
56.2%Origination rate-3.40 pts vs state
6.50%Median rate-0.13 pts vs state
0.18Rate spread (pts)-0.03 pts vs state
$145kMedian applicant income
2,278Loans originated
563Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,021 | 1,217 | 16.1% | 6.50% | #36 |
| 2024 | 2,569 | 1,451 | 15.3% | 6.62% | #31 |
| 2025 | 4,054 | 2,278 | 13.9% | 6.50% | #21 |
What Pennymac Loan Services lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Pennymac Loan Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Suffolk County | 548 | 300 | 76 | 13.9% |
| Nassau County | 416 | 240 | 49 | 11.8% |
| Queens County | 382 | 214 | 79 | 20.7% |
| Westchester County | 255 | 166 | 22 | 8.6% |
| Erie County | 210 | 119 | 20 | 9.5% |
| Richmond County | 203 | 149 | 25 | 12.3% |
| Orange County | 194 | 137 | 19 | 9.8% |
| Monroe County | 184 | 82 | 26 | 14.1% |
| Kings County | 169 | 88 | 39 | 23.1% |
| Dutchess County | 121 | 88 | 8 | 6.6% |
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: 4,054 applications in 2025, of which 2,278 were originated and 563 denied.
13.9% of all applications, or 19.4% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Pennymac Loan Services originated in New York in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Pennymac Loan Services'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