Mortgage lender · New York, NY · LEI 549300R22XCNNGVXRO22

Self Reliance NY review: approval odds, rates and grade (2025)

Self Reliance NY earns a B, better than most small mortgage lenders. It turned down 11.2% of the applications it decided on in 2025, which ranks in the 44th percentile for approval odds. Its median loan was priced 0.25 points below the average prime offer rate, ranking in the 92nd percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

518Applications2025
80.1%Originatedof applications
11.2%Decision denial ratenational 22.6%
6.25%Median ratenational 6.63%
$237MLoan volume15 states

Self Reliance NY at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

10.2%Denial rate (all applications)-7.75 pts vs national
11.2%Denial rate (decided applications)-11.43 pts vs national
80.1%Origination rate+22.09 pts vs national
7.5%Withdrawn by applicant
0.8%Closed for incompleteness
6.25%Median interest rate-0.38 pts vs national
-0.25Median rate spread (pts over APOR)-0.50 pts vs national
$305,000Median loan amount
$5,420Median total loan costs
$138kMedian applicant income
60%Median loan-to-value
0High-cost (HOEPA) loans

How the B grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

44th11.2% denied

Pricingmedian rate spread over APOR, weight 30%

92nd-0.25 pts

Processwithdrawn + incomplete share, weight 15%

66th8.3%

Closing coststotal loan costs ÷ loan amount, weight 10%

56th1.78% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231541334.6%5.0%5.60%$111M
20241421226.3%6.9%6.18%$129M
202551841510.2%11.2%6.25%$237M

What Self Reliance NY lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 253 49% · 6.7% denied
Refinance 22 4% · 9.1% denied
Cash-out refinance 113 22% · 6.2% denied
Home improvement 71 14% · 15.5% denied
Other / HELOC 59 11% · 27.1% denied

By loan type

Conventional 518 100% · 10.2% denied

Also: 1 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 151 investment properties.

Why Self Reliance NY denies applications

Primary reason reported for each of the 53 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Other 7 70%
Collateral 2 20%
Credit history 1 10%

How these reasons compare nationally →

Who gets approved at Self Reliance NY

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k271351.9%
$50k – $100k846517.7%
$100k – $150k81735.2%
$150k – $250k109965.0%
Over $250k57510.0%
Applicant ageApplicationsOriginatedDecision denial rate
25–3454456.3%
35–4414211115.9%
45–54866313.7%
55–64856815.0%
65–74231615.8%

Where Self Reliance NY lends

15 states and 74 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Pennsylvania26821113.1%6.38%#238
New York1461177.5%6.25%#235
New Jersey59506.8%6.13%#335
Florida191310.5%6.38%#767
Maryland770.0%#502
Connecticut550.0%6.28%#444

Frequently asked questions

Self Reliance NY denied 11.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 44th percentile of small mortgage lenders.

The most common reason Self Reliance NY gave in 2025 was "other", cited on 70.0% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans Self Reliance NY originated in 2025 was 6.25%, and its median rate spread over the average prime offer rate was -0.25 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 49% of its applications were for home purchases, 26% for refinancing (including cash-out), and 25% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Self Reliance NY. Data sources · Methodology