Suffolk · New York · 2025

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

Suffolk took 2,289 mortgage applications in New York in 2025, ranking #37 of 750 lenders active in the state. It originated 51.6% of them and denied 30.4% (35.4% of the applications it decided), against a statewide denial rate of 19.8%.

2.3kApplicationsin NY
35.4%Decision denial ratestate 24.0%
5.99%Median ratestate 6.63%
$155,000Median loanstate $235,000
$260MVolume18 counties

Suffolk in New York vs the state

30.4%Denial rate+10.66 pts vs state
35.4%Decision denial rate+11.33 pts vs state
51.6%Origination rate-7.95 pts vs state
5.99%Median rate-0.63 pts vs state
-1.24Rate spread (pts)-1.45 pts vs state
$151kMedian applicant income
1,182Loans originated
696Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,91385539.4%6.50%#38
20241,59776635.5%6.74%#44
20252,2891,18230.4%5.99%#37

What Suffolk lends in New York

By loan purpose

Home purchase 234 10% · 18.4% denied
Refinance 159 7% · 16.4% denied
Cash-out refinance 73 3% · 19.2% denied
Home improvement 1,098 48% · 31.0% denied
Other / HELOC 725 32% · 37.7% denied

By loan type

Conventional 2,289 100% · 30.4% denied

Why it denied New York applicants

Debt-to-income ratio 367 53%
Credit history 198 28%
Collateral 66 9%
Other 57 8%
Unverifiable information 5 1%
Employment history 3 0%

Where in New York

Counties with the most Suffolk applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Suffolk County 1,9851,043605 30.5%
Nassau County 24411967 27.5%
Queens County 1749 52.9%
Kings County 1344 30.8%
Westchester County 1052 20.0%
New York County 403 75.0%
Bronx County 312 66.7%
Erie County 210 0.0%
Delaware County 211 50.0%
Sullivan County 100 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: 2,289 applications in 2025, of which 1,182 were originated and 696 denied.

30.4% of all applications, or 35.4% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Suffolk originated in New York in 2025 was 5.99%, against a statewide median of 6.63%.

About this data. Figures are Suffolk'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