TD Bank · New York · 2025

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

TD Bank took 9,239 mortgage applications in New York in 2025, ranking #8 of 750 lenders active in the state. It originated 46.8% of them and denied 30.2% (38.9% of the applications it decided), against a statewide denial rate of 19.8%.

9.2kApplicationsin NY
38.9%Decision denial ratestate 24.0%
7.69%Median ratestate 6.63%
$225,000Median loanstate $235,000
$2.2BVolume54 counties

TD Bank in New York vs the state

30.2%Denial rate+10.47 pts vs state
38.9%Decision denial rate+14.87 pts vs state
46.8%Origination rate-12.79 pts vs state
7.69%Median rate+1.07 pts vs state
0.45Rate spread (pts)+0.24 pts vs state
$176kMedian applicant income
4,324Loans originated
2,792Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239,7864,66933.6%7.84%#9
20249,7054,53032.5%8.59%#9
20259,2394,32430.2%7.69%#8

What TD Bank lends in New York

By loan purpose

Home purchase 2,468 27% · 16.7% denied
Refinance 2,001 22% · 26.0% denied
Cash-out refinance 154 2% · 23.4% denied
Home improvement 3,274 35% · 37.7% denied
Other / HELOC 1,342 15% · 44.0% denied

By loan type

Conventional 9,224 100% · 30.2% denied
FHA 10 0% · 60.0% denied
VA 5 0% · 0.0% denied

Why it denied New York applicants

Debt-to-income ratio 1,583 57%
Credit history 610 22%
Collateral 453 16%
Other 122 4%
Incomplete application 13 0%
Insufficient cash 6 0%
Employment history 4 0%
Unverifiable information 1 0%

Where in New York

Counties with the most TD Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Nassau County 1,498762452 30.2%
Suffolk County 1,412675432 30.6%
Kings County 1,330585392 29.5%
Queens County 1,324504473 35.7%
Westchester County 809438211 26.1%
Richmond County 531258164 30.9%
New York County 519266105 20.2%
Rockland County 33917593 27.4%
Bronx County 31988146 45.8%
Orange County 26012081 31.2%

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%
NewrezD 8,65424.2%6.75%
ESL Federal Credit UnionB 7,81717.6%4.50%
Crosscountry MortgageB 7,7925.5%6.75%

Frequently asked questions

New York: 9,239 applications in 2025, of which 4,324 were originated and 2,792 denied.

30.2% of all applications, or 38.9% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans TD Bank originated in New York in 2025 was 7.69%, against a statewide median of 6.63%.

About this data. Figures are TD 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