Pgim Real Estate Agency Financing · New York · 2025

Pgim Real Estate Agency Financing in New York: approval rate, denial rate and rates (2025)

Pgim Real Estate Agency Financing took 15 mortgage applications in New York in 2025, ranking #430 of 750 lenders active in the state. It originated 86.7% of them and denied 6.7% (6.7% of the applications it decided), against a statewide denial rate of 19.8%.

15Applicationsin NY
6.7%Decision denial ratestate 24.0%
5.12%Median ratestate 6.63%
$22,955,000Median loanstate $235,000
$412MVolume6 counties

Pgim Real Estate Agency Financing in New York vs the state

6.7%Denial rate-13.08 pts vs state
6.7%Decision denial rate-17.37 pts vs state
86.7%Origination rate+27.08 pts vs state
5.12%Median rate-1.51 pts vs state
Rate spread (pts)
Median applicant income
13Loans originated
1Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023870.0%5.39%#476
202411110.0%5.58%#436
202515136.7%5.12%#430

What Pgim Real Estate Agency Financing lends in New York

By loan purpose

Home purchase 1 7% · 100.0% denied
Refinance 2 13% · 0.0% denied
Cash-out refinance 12 80% · 0.0% denied

By loan type

Conventional 14 93% · 0.0% denied
FHA 1 7% · 100.0% denied

Why it denied New York applicants

Collateral 1 100%

Where in New York

Counties with the most Pgim Real Estate Agency Financing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Monroe County 660 0.0%
New York County 550 0.0%
Westchester County 101 100.0%
Saratoga County 110 0.0%
Kings County 100 0.0%
Ulster 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: 15 applications in 2025, of which 13 were originated and 1 denied.

6.7% of all applications, or 6.7% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Pgim Real Estate Agency Financing originated in New York in 2025 was 5.12%, against a statewide median of 6.63%.

About this data. Figures are Pgim Real Estate Agency Financing'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