Solvay Bank · New York · 2025

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

Solvay Bank took 260 mortgage applications in New York in 2025, ranking #186 of 750 lenders active in the state. It originated 82.3% of them and denied 5.8% (6.3% of the applications it decided), against a statewide denial rate of 19.8%.

260Applicationsin NY
6.3%Decision denial ratestate 24.0%
Median ratestate 6.63%
$205,000Median loanstate $235,000
$54MVolume9 counties

Solvay Bank in New York vs the state

5.8%Denial rate-13.98 pts vs state
6.3%Decision denial rate-17.71 pts vs state
82.3%Origination rate+22.72 pts vs state
Median rate
Rate spread (pts)
$132kMedian applicant income
214Loans originated
15Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232181667.3%6.38%#190
20242461818.5%6.50%#185
20252602145.8%#186

What Solvay Bank lends in New York

By loan purpose

Home purchase 184 71% · 4.4% denied
Refinance 12 5% · 0.0% denied
Cash-out refinance 23 9% · 8.7% denied
Home improvement 17 7% · 0.0% denied
Other / HELOC 24 9% · 20.8% denied

By loan type

Conventional 260 100% · 5.8% denied

Where in New York

Counties with the most Solvay Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Onondaga County 22719211 4.8%
Cayuga County 962 22.2%
Oswego County 851 12.5%
Madison County 540 0.0%
Cortland County 430 0.0%
Oneida County 320 0.0%
Seneca County 201 50.0%
Livingston County 110 0.0%
St. Lawrence 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: 260 applications in 2025, of which 214 were originated and 15 denied.

5.8% of all applications, or 6.3% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Solvay 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