Truist Bank · New York · 2025

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

Truist Bank took 66 mortgage applications in New York in 2025, ranking #311 of 750 lenders active in the state. It originated 57.6% of them and denied 13.6% (19.2% of the applications it decided), against a statewide denial rate of 19.8%.

66Applicationsin NY
19.2%Decision denial ratestate 24.0%
5.94%Median ratestate 6.63%
$695,000Median loanstate $235,000
$164MVolume19 counties

Truist Bank in New York vs the state

13.6%Denial rate-6.11 pts vs state
19.2%Decision denial rate-4.89 pts vs state
57.6%Origination rate-2.01 pts vs state
5.94%Median rate-0.69 pts vs state
-0.07Rate spread (pts)-0.28 pts vs state
$323kMedian applicant income
38Loans originated
9Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023503024.0%6.23%#329
2024311519.4%6.50%#354
2025663813.6%5.94%#311

What Truist Bank lends in New York

By loan purpose

Home purchase 45 68% · 8.9% denied
Refinance 6 9% · 0.0% denied
Cash-out refinance 7 11% · 42.9% denied
Home improvement 1 2% · 100.0% denied
Other / HELOC 7 11% · 14.3% denied

By loan type

Conventional 61 92% · 13.1% denied
FHA 2 3% · 0.0% denied
VA 3 5% · 33.3% denied

Why it denied New York applicants

Debt-to-income ratio 5 56%
Other 2 22%
Collateral 2 22%

Where in New York

Counties with the most Truist Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kings County 1051 10.0%
Suffolk County 961 11.1%
Westchester County 961 11.1%
Nassau County 541 20.0%
Monroe County 521 20.0%
Dutchess County 421 25.0%
Saratoga County 431 25.0%
New York County 420 0.0%
Albany County 310 0.0%
Erie County 330 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: 66 applications in 2025, of which 38 were originated and 9 denied.

13.6% of all applications, or 19.2% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

The median rate on loans Truist Bank originated in New York in 2025 was 5.94%, against a statewide median of 6.63%.

About this data. Figures are Truist 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