Ridgewood Savings Bank · New York · 2025

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

Ridgewood Savings Bank took 540 mortgage applications in New York in 2025, ranking #129 of 750 lenders active in the state. It originated 63.5% of them and denied 16.1% (18.6% of the applications it decided), against a statewide denial rate of 19.8%.

540Applicationsin NY
18.6%Decision denial ratestate 24.0%
6.25%Median ratestate 6.63%
$705,000Median loanstate $235,000
$373MVolume10 counties

Ridgewood Savings Bank in New York vs the state

16.1%Denial rate-3.64 pts vs state
18.6%Decision denial rate-5.41 pts vs state
63.5%Origination rate+3.93 pts vs state
6.25%Median rate-0.38 pts vs state
-0.12Rate spread (pts)-0.33 pts vs state
$226kMedian applicant income
343Loans originated
87Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
202363535418.7%5.88%#99
202444428114.6%6.50%#129
202554034316.1%6.25%#129

What Ridgewood Savings Bank lends in New York

By loan purpose

Home purchase 384 71% · 18.0% denied
Refinance 36 7% · 11.1% denied
Cash-out refinance 102 19% · 11.8% denied
Home improvement 1 0% · 0.0% denied
Other / HELOC 17 3% · 11.8% denied

By loan type

Conventional 540 100% · 16.1% denied

Why it denied New York applicants

Collateral 51 59%
Debt-to-income ratio 19 22%
Other 13 15%
Credit history 2 2%
Employment history 1 1%
Incomplete application 1 1%

Where in New York

Counties with the most Ridgewood Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kings County 1006114 14.0%
Suffolk County 97759 9.3%
Queens County 976317 17.5%
Nassau County 774914 18.2%
New York County 612919 31.1%
Westchester County 58357 12.1%
Bronx County 27184 14.8%
Richmond County 17102 11.8%
Putnam County 330 0.0%
Rockland County 301 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: 540 applications in 2025, of which 343 were originated and 87 denied.

16.1% of all applications, or 18.6% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

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

About this data. Figures are Ridgewood Savings 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