Rain City Capital · New York · 2025

Rain City Capital in New York: approval rate, denial rate and rates (2025)

Rain City Capital took 33 mortgage applications in New York in 2025, ranking #368 of 750 lenders active in the state. It originated 39.4% of them and denied 60.6% (60.6% of the applications it decided), against a statewide denial rate of 19.8%.

33Applicationsin NY
60.6%Decision denial ratestate 24.0%
7.63%Median ratestate 6.63%
$395,000Median loanstate $235,000
$12MVolume4 counties

Rain City Capital in New York vs the state

60.6%Denial rate+40.86 pts vs state
60.6%Decision denial rate+36.57 pts vs state
39.4%Origination rate-20.20 pts vs state
7.63%Median rate+1.01 pts vs state
Rate spread (pts)
Median applicant income
13Loans originated
20Denied

What Rain City Capital lends in New York

By loan purpose

Other / HELOC 33 100% · 60.6% denied

By loan type

Conventional 33 100% · 60.6% denied

Why it denied New York applicants

Insufficient cash 20 100%

Where in New York

Counties with the most Rain City Capital applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Suffolk County 101 100.0%
Rockland County 101 100.0%
Orange County 110 0.0%
Sullivan County 110 0.0%

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: 33 applications in 2025, of which 13 were originated and 20 denied.

60.6% of all applications, or 60.6% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Rain City Capital originated in New York in 2025 was 7.63%, against a statewide median of 6.63%.

About this data. Figures are Rain City Capital'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