PHH Mortgage in New York vs the state
8.2%Denial rate-11.51 pts vs state
29.2%Decision denial rate+5.17 pts vs state
19.7%Origination rate-39.94 pts vs state
6.38%Median rate-0.25 pts vs state
0.16Rate spread (pts)-0.05 pts vs state
$108kMedian applicant income
124Loans originated
52Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 198 | 57 | 24.8% | 6.63% | #197 |
| 2024 | 351 | 75 | 15.1% | 6.50% | #154 |
| 2025 | 631 | 124 | 8.2% | 6.38% | #118 |
What PHH Mortgage lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most PHH Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Suffolk County | 122 | 27 | 5 | 4.1% |
| Nassau County | 83 | 20 | 5 | 6.0% |
| Queens County | 61 | 6 | 8 | 13.1% |
| Kings County | 61 | 4 | 8 | 13.1% |
| Bronx County | 28 | 2 | 1 | 3.6% |
| Westchester County | 28 | 5 | 2 | 7.1% |
| Monroe County | 23 | 3 | 1 | 4.3% |
| Orange County | 23 | 8 | 1 | 4.3% |
| Dutchess County | 18 | 2 | 5 | 27.8% |
| Richmond County | 16 | 4 | 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: 631 applications in 2025, of which 124 were originated and 52 denied.
8.2% of all applications, or 29.2% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans PHH Mortgage originated in New York in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are PHH Mortgage'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