Signature Federal Credit Union · New York · 2025

Signature Federal Credit Union in New York: approval rate, denial rate and rates (2025)

Signature Federal Credit Union took 29 mortgage applications in New York in 2025, ranking #385 of 750 lenders active in the state. It originated 31.0% of them and denied 13.8% (30.8% of the applications it decided), against a statewide denial rate of 19.8%.

29Applicationsin NY
30.8%Decision denial ratestate 24.0%
8.00%Median ratestate 6.63%
$155,000Median loanstate $235,000
$1.3MVolume14 counties

Signature Federal Credit Union in New York vs the state

13.8%Denial rate-5.96 pts vs state
30.8%Decision denial rate+6.73 pts vs state
31.0%Origination rate-28.56 pts vs state
8.00%Median rate+1.38 pts vs state
1.33Rate spread (pts)+1.12 pts vs state
$150kMedian applicant income
9Loans originated
4Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023372018.9%9.25%#344
202430736.7%9.50%#358
202529913.8%8.00%#385

What Signature Federal Credit Union lends in New York

By loan purpose

Home purchase 4 14% · 0.0% denied
Refinance 1 3% · 0.0% denied
Cash-out refinance 4 14% · 0.0% denied
Home improvement 10 34% · 20.0% denied
Other / HELOC 10 34% · 20.0% denied

By loan type

Conventional 29 100% · 13.8% denied

Why it denied New York applicants

Credit history 2 50%
Debt-to-income ratio 2 50%

Where in New York

Counties with the most Signature Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Erie County 731 14.3%
Nassau County 511 20.0%
Queens County 301 33.3%
Saratoga County 301 33.3%
Kings County 200 0.0%
Monroe County 110 0.0%
Genesee County 100 0.0%
Warren County 100 0.0%
Essex County 100 0.0%
Orange 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: 29 applications in 2025, of which 9 were originated and 4 denied.

13.8% of all applications, or 30.8% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Signature Federal Credit Union originated in New York in 2025 was 8.00%, against a statewide median of 6.63%.

About this data. Figures are Signature Federal Credit Union'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