Provident Bank · New York · 2025

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

Provident Bank took 88 mortgage applications in New York in 2025, ranking #285 of 750 lenders active in the state. It originated 63.6% of them and denied 20.5% (23.4% of the applications it decided), against a statewide denial rate of 19.8%.

88Applicationsin NY
23.4%Decision denial ratestate 24.0%
6.25%Median ratestate 6.63%
$720,000Median loanstate $235,000
$180MVolume11 counties

Provident Bank in New York vs the state

20.5%Denial rate+0.70 pts vs state
23.4%Decision denial rate-0.66 pts vs state
63.6%Origination rate+4.05 pts vs state
6.25%Median rate-0.38 pts vs state
-0.05Rate spread (pts)-0.26 pts vs state
$291kMedian applicant income
56Loans originated
18Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023755114.7%6.45%#287
20241154637.4%7.05%#249
2025885620.5%6.25%#285

What Provident Bank lends in New York

By loan purpose

Home purchase 26 30% · 11.5% denied
Refinance 25 28% · 4.0% denied
Cash-out refinance 7 8% · 28.6% denied
Home improvement 1 1% · 0.0% denied
Other / HELOC 29 33% · 41.4% denied

By loan type

Conventional 85 97% · 18.8% denied
FHA 3 3% · 66.7% denied

Why it denied New York applicants

Debt-to-income ratio 7 39%
Credit history 6 33%
Collateral 4 22%
Employment history 1 6%

Where in New York

Counties with the most Provident Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Orange County 1985 26.3%
Kings County 1292 16.7%
Queens County 1171 9.1%
Nassau County 1055 50.0%
Bronx County 871 12.5%
Rockland County 851 12.5%
Westchester County 752 28.6%
New York County 550 0.0%
Richmond County 330 0.0%
Ulster County 321 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: 88 applications in 2025, of which 56 were originated and 18 denied.

20.5% of all applications, or 23.4% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Provident Bank originated in New York in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Provident 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