Quontic Bank · New York · 2025

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

Quontic Bank took 980 mortgage applications in New York in 2025, ranking #95 of 750 lenders active in the state. It originated 56.1% of them and denied 11.7% (17.1% of the applications it decided), against a statewide denial rate of 19.8%.

980Applicationsin NY
17.1%Decision denial ratestate 24.0%
8.13%Median ratestate 6.63%
$450,000Median loanstate $235,000
$267MVolume35 counties

Quontic Bank in New York vs the state

11.7%Denial rate-8.02 pts vs state
17.1%Decision denial rate-6.95 pts vs state
56.1%Origination rate-3.47 pts vs state
8.13%Median rate+1.50 pts vs state
1.99Rate spread (pts)+1.78 pts vs state
$176kMedian applicant income
550Loans originated
115Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20238555499.5%8.88%#90
20248825559.8%8.38%#90
202598055011.7%8.13%#95

What Quontic Bank lends in New York

By loan purpose

Home purchase 576 59% · 12.2% denied
Refinance 29 3% · 17.2% denied
Cash-out refinance 122 12% · 11.5% denied
Home improvement 9 1% · 0.0% denied
Other / HELOC 244 25% · 10.7% denied

By loan type

Conventional 927 95% · 11.5% denied
FHA 53 5% · 15.1% denied

Why it denied New York applicants

Debt-to-income ratio 37 32%
Collateral 36 31%
Credit history 18 16%
Other 16 14%
Unverifiable information 6 5%
Incomplete application 1 1%
Insufficient cash 1 1%

Where in New York

Counties with the most Quontic Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Suffolk County 21912522 10.0%
Queens County 18910226 13.8%
Nassau County 15210011 7.2%
Kings County 1196519 16.0%
Bronx County 68358 11.8%
Westchester County 42266 14.3%
Richmond County 40242 5.0%
Erie County 24134 16.7%
New York County 2167 33.3%
Orange County 1891 5.6%

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: 980 applications in 2025, of which 550 were originated and 115 denied.

11.7% of all applications, or 17.1% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Quontic Bank originated in New York in 2025 was 8.13%, against a statewide median of 6.63%.

About this data. Figures are Quontic 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