Spring Eq in New York vs the state
100.0%Denial rate+80.25 pts vs state
100.0%Decision denial rate+75.96 pts vs state
0.0%Origination rate-59.59 pts vs state
—Median rate
—Rate spread (pts)
$99kMedian applicant income
0Loans originated
6Denied
Trend in New York
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 24 | 0 | 100.0% | — | #382 |
| 2024 | 7 | 0 | 100.0% | — | #468 |
| 2025 | 6 | 0 | 100.0% | — | #503 |
What Spring Eq lends in New York
By loan purpose
By loan type
Why it denied New York applicants
Where in New York
Counties with the most Spring Eq applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Kings County | 2 | 0 | 2 | 100.0% |
| Rockland County | 1 | 0 | 1 | 100.0% |
| Bronx County | 1 | 0 | 1 | 100.0% |
| Nassau County | 1 | 0 | 1 | 100.0% |
| Richmond County | 1 | 0 | 1 | 100.0% |
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: 6 applications in 2025, of which 0 were originated and 6 denied.
100.0% of all applications, or 100.0% 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 Spring Eq'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