Pioneer Bank · New York · 2025

Pioneer Bank in New York: approval rate, denial rate and rates (2025)

Pioneer Bank took 396 mortgage applications in New York in 2025, ranking #154 of 750 lenders active in the state. It originated 64.9% of them and denied 22.5% (24.6% of the applications it decided), against a statewide denial rate of 19.8%.

396Applicationsin NY
24.6%Decision denial ratestate 24.0%
5.99%Median ratestate 6.63%
$105,000Median loanstate $235,000
$60MVolume13 counties

Pioneer Bank in New York vs the state

22.5%Denial rate+2.72 pts vs state
24.6%Decision denial rate+0.55 pts vs state
64.9%Origination rate+5.31 pts vs state
5.99%Median rate-0.63 pts vs state
-1.26Rate spread (pts)-1.47 pts vs state
$108kMedian applicant income
257Loans originated
89Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
202347631023.7%#117
202434722426.2%#155
202539625722.5%5.99%#154

What Pioneer Bank lends in New York

By loan purpose

Home purchase 33 8% · 15.2% denied
Refinance 78 20% · 15.4% denied
Cash-out refinance 1 0% · 0.0% denied
Home improvement 210 53% · 24.3% denied
Other / HELOC 74 19% · 28.4% denied

By loan type

Conventional 396 100% · 22.5% denied

Why it denied New York applicants

Credit history 39 44%
Debt-to-income ratio 31 35%
Collateral 18 20%
Unverifiable information 1 1%

Where in New York

Counties with the most Pioneer Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Albany County 1318532 24.4%
Rensselaer County 876117 19.5%
Saratoga County 643613 20.3%
Schenectady County 45336 13.3%
Columbia County 18144 22.2%
Greene County 16115 31.3%
Warren County 1371 7.7%
Fulton County 834 50.0%
Washington County 642 33.3%
Montgomery County 422 50.0%

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: 396 applications in 2025, of which 257 were originated and 89 denied.

22.5% of all applications, or 24.6% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Pioneer Bank originated in New York in 2025 was 5.99%, against a statewide median of 6.63%.

About this data. Figures are Pioneer 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