Plaza Home Mortgage · New York · 2025

Plaza Home Mortgage in New York: approval rate, denial rate and rates (2025)

Plaza Home Mortgage took 2,124 mortgage applications in New York in 2025, ranking #40 of 750 lenders active in the state. It originated 57.5% of them and denied 34.2% (36.5% of the applications it decided), against a statewide denial rate of 19.8%.

2.1kApplicationsin NY
36.5%Decision denial ratestate 24.0%
6.75%Median ratestate 6.63%
$335,000Median loanstate $235,000
$493MVolume60 counties

Plaza Home Mortgage in New York vs the state

34.2%Denial rate+14.43 pts vs state
36.5%Decision denial rate+12.42 pts vs state
57.5%Origination rate-2.06 pts vs state
6.75%Median rate+0.13 pts vs state
0.50Rate spread (pts)+0.29 pts vs state
$130kMedian applicant income
1,222Loans originated
726Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,0252,03610.4%6.63%#25
20242,7061,61628.3%6.63%#29
20252,1241,22234.2%6.75%#40

What Plaza Home Mortgage lends in New York

By loan purpose

Home purchase 1,571 74% · 31.0% denied
Refinance 96 5% · 53.1% denied
Cash-out refinance 457 22% · 41.1% denied

By loan type

Conventional 1,461 69% · 34.8% denied
FHA 559 26% · 34.0% denied
VA 72 3% · 18.1% denied
USDA / RHS 32 2% · 43.8% denied

Why it denied New York applicants

Other 354 49%
Unverifiable information 137 19%
Debt-to-income ratio 79 11%
Collateral 76 10%
Insufficient cash 50 7%
Credit history 25 3%
Employment history 4 1%
Incomplete application 1 0%

Where in New York

Counties with the most Plaza Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Suffolk County 20510681 39.5%
Nassau County 20010484 42.0%
Queens County 1809566 36.7%
Kings County 1626879 48.8%
Erie County 1489932 21.6%
Westchester County 1388438 27.5%
Orange County 1166641 35.3%
Oneida County 1006829 29.0%
Richmond County 915525 27.5%
Dutchess County 603720 33.3%

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: 2,124 applications in 2025, of which 1,222 were originated and 726 denied.

34.2% of all applications, or 36.5% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Plaza Home Mortgage originated in New York in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Plaza Home 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