Royal Business Bank in New York vs the state
5.6%Denial rate-14.12 pts vs state
7.7%Decision denial rate-16.37 pts vs state
66.9%Origination rate+7.30 pts vs state
6.38%Median rate-0.25 pts vs state
0.22Rate spread (pts)+0.01 pts vs state
$125kMedian applicant income
297Loans originated
25Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 240 | 151 | 15.0% | 6.25% | #177 |
| 2024 | 272 | 184 | 7.4% | 7.00% | #172 |
| 2025 | 444 | 297 | 5.6% | 6.38% | #145 |
What Royal Business Bank lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Royal Business Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Richmond County | 142 | 97 | 4 | 2.8% |
| Kings County | 111 | 78 | 5 | 4.5% |
| Queens County | 90 | 62 | 7 | 7.8% |
| Nassau County | 47 | 33 | 5 | 10.6% |
| New York County | 20 | 11 | 0 | 0.0% |
| Suffolk County | 10 | 4 | 2 | 20.0% |
| Westchester County | 7 | 4 | 0 | 0.0% |
| Bronx County | 3 | 2 | 1 | 33.3% |
| Orange County | 3 | 1 | 1 | 33.3% |
| Rockland County | 3 | 1 | 0 | 0.0% |
Other large lenders in New York
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Citizens Bank | C | 20,315 | 32.7% | 7.97% |
| Rocket Mortgage | C | 19,924 | 22.0% | 6.88% |
| United Shore Financial Services | B | 14,777 | 11.2% | 6.50% |
| JPMorgan Chase Bank | B | 14,735 | 11.7% | 6.38% |
| Manufacturers and Traders Trust | C | 12,335 | 31.3% | 5.99% |
| Bank of America | F | 10,193 | 35.7% | 5.99% |
| Bethpage Federal Credit Union | C | 9,736 | 47.2% | 6.49% |
| TD Bank | D | 9,239 | 30.2% | 7.69% |
| Newrez | D | 8,654 | 24.2% | 6.75% |
| ESL Federal Credit Union | B | 7,817 | 17.6% | 4.50% |
Frequently asked questions
New York: 444 applications in 2025, of which 297 were originated and 25 denied.
5.6% of all applications, or 7.7% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.
The median rate on loans Royal Business Bank originated in New York in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Royal Business 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