Ponce Bank · New York · 2025

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

Ponce Bank took 90 mortgage applications in New York in 2025, ranking #280 of 750 lenders active in the state. It originated 64.4% of them and denied 12.2% (15.7% of the applications it decided), against a statewide denial rate of 19.8%.

90Applicationsin NY
15.7%Decision denial ratestate 24.0%
Median ratestate 6.63%
$540,000Median loanstate $235,000
$98MVolume12 counties

Ponce Bank in New York vs the state

12.2%Denial rate-7.53 pts vs state
15.7%Decision denial rate-8.33 pts vs state
64.4%Origination rate+4.85 pts vs state
Median rate
Rate spread (pts)
$128kMedian applicant income
58Loans originated
11Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
202329818417.8%#163
202416811313.1%#213
2025905812.2%#280

What Ponce Bank lends in New York

By loan purpose

Home purchase 64 71% · 9.4% denied
Refinance 9 10% · 11.1% denied
Cash-out refinance 10 11% · 10.0% denied
Home improvement 2 2% · 50.0% denied
Other / HELOC 5 6% · 40.0% denied

By loan type

Conventional 90 100% · 12.2% denied

Why it denied New York applicants

Collateral 3 27%
Debt-to-income ratio 3 27%
Credit history 2 18%
Other 2 18%
Insufficient cash 1 9%

Where in New York

Counties with the most Ponce Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Queens County 31224 12.9%
Kings County 1453 21.4%
Nassau County 13110 0.0%
Bronx County 1061 10.0%
Broome County 531 20.0%
Westchester County 541 20.0%
Richmond County 310 0.0%
Monroe County 220 0.0%
Suffolk County 220 0.0%
Greene County 201 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: 90 applications in 2025, of which 58 were originated and 11 denied.

12.2% of all applications, or 15.7% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Ponce 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