Residential Home Mortgage · New York · 2025

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

Residential Home Mortgage took 12 mortgage applications in New York in 2025, ranking #451 of 750 lenders active in the state. It originated 91.7% of them and denied 8.3% (8.3% of the applications it decided), against a statewide denial rate of 19.8%.

12Applicationsin NY
8.3%Decision denial ratestate 24.0%
6.50%Median ratestate 6.63%
$400,000Median loanstate $235,000
$4.3MVolume7 counties

Residential Home Mortgage in New York vs the state

8.3%Denial rate-11.42 pts vs state
8.3%Decision denial rate-15.71 pts vs state
91.7%Origination rate+32.08 pts vs state
6.50%Median rate-0.13 pts vs state
0.11Rate spread (pts)-0.10 pts vs state
$143kMedian applicant income
11Loans originated
1Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
202321180.0%6.63%#394
202414127.1%6.63%#418
202512118.3%6.50%#451

What Residential Home Mortgage lends in New York

By loan purpose

Home purchase 10 83% · 10.0% denied
Refinance 1 8% · 0.0% denied
Cash-out refinance 1 8% · 0.0% denied

By loan type

Conventional 12 100% · 8.3% denied

Why it denied New York applicants

Debt-to-income ratio 1 100%

Where in New York

Counties with the most Residential Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Westchester County 330 0.0%
Suffolk County 211 50.0%
Rockland County 220 0.0%
Dutchess County 220 0.0%
Clinton County 110 0.0%
Orange County 110 0.0%
Ulster 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: 12 applications in 2025, of which 11 were originated and 1 denied.

8.3% of all applications, or 8.3% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Residential Home Mortgage originated in New York in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Residential 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