PFN Lending Group · New York · 2025

PFN Lending Group in New York: approval rate, denial rate and rates (2025)

PFN Lending Group took 41 mortgage applications in New York in 2025, ranking #351 of 750 lenders active in the state. It originated 36.6% of them and denied 29.3% (44.4% of the applications it decided), against a statewide denial rate of 19.8%.

41Applicationsin NY
44.4%Decision denial ratestate 24.0%
7.50%Median ratestate 6.63%
$665,000Median loanstate $235,000
$10MVolume13 counties

PFN Lending Group in New York vs the state

29.3%Denial rate+9.52 pts vs state
44.4%Decision denial rate+20.40 pts vs state
36.6%Origination rate-23.00 pts vs state
7.50%Median rate+0.88 pts vs state
1.06Rate spread (pts)+0.85 pts vs state
$27kMedian applicant income
15Loans originated
12Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233356.1%8.25%#354
2024582129.3%7.50%#310
2025411529.3%7.50%#351

What PFN Lending Group lends in New York

By loan purpose

Home purchase 20 49% · 25.0% denied
Refinance 2 5% · 0.0% denied
Cash-out refinance 19 46% · 36.8% denied

By loan type

Conventional 41 100% · 29.3% denied

Why it denied New York applicants

Other 7 58%
Collateral 2 17%
Credit history 2 17%
Employment history 1 8%

Where in New York

Counties with the most PFN Lending Group applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Queens County 1363 23.1%
Kings County 723 42.9%
Westchester County 612 33.3%
Nassau County 420 0.0%
Suffolk County 321 33.3%
New York County 100 0.0%
Orange County 101 100.0%
Richmond County 100 0.0%
Schenectady County 110 0.0%
Columbia 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: 41 applications in 2025, of which 15 were originated and 12 denied.

29.3% of all applications, or 44.4% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans PFN Lending Group originated in New York in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are PFN Lending Group'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