Planet Home Lending in New York vs the state
14.5%Denial rate-5.26 pts vs state
14.7%Decision denial rate-9.38 pts vs state
82.4%Origination rate+22.80 pts vs state
5.99%Median rate-0.63 pts vs state
-0.49Rate spread (pts)-0.70 pts vs state
$129kMedian applicant income
290Loans originated
51Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 271 | 169 | 29.5% | 6.63% | #170 |
| 2024 | 269 | 205 | 18.6% | 5.99% | #176 |
| 2025 | 352 | 290 | 14.5% | 5.99% | #163 |
What Planet Home Lending lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Planet Home Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Suffolk County | 54 | 43 | 9 | 16.7% |
| Nassau County | 29 | 23 | 5 | 17.2% |
| Erie County | 25 | 24 | 1 | 4.0% |
| Monroe County | 19 | 16 | 2 | 10.5% |
| Oneida County | 15 | 13 | 0 | 0.0% |
| Queens County | 14 | 12 | 2 | 14.3% |
| Niagara County | 14 | 13 | 0 | 0.0% |
| Orange County | 12 | 10 | 2 | 16.7% |
| Dutchess County | 11 | 8 | 3 | 27.3% |
| Jefferson County | 11 | 10 | 1 | 9.1% |
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: 352 applications in 2025, of which 290 were originated and 51 denied.
14.5% of all applications, or 14.7% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Planet Home Lending originated in New York in 2025 was 5.99%, against a statewide median of 6.63%.
About this data. Figures are Planet Home Lending'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