Ulster Savings Bank · New York · 2025

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

Ulster Savings Bank took 608 mortgage applications in New York in 2025, ranking #119 of 750 lenders active in the state. It originated 81.6% of them and denied 8.4% (9.0% of the applications it decided), against a statewide denial rate of 19.8%.

608Applicationsin NY
9.0%Decision denial ratestate 24.0%
6.63%Median ratestate 6.63%
$255,000Median loanstate $235,000
$142MVolume17 counties

Ulster Savings Bank in New York vs the state

8.4%Denial rate-11.36 pts vs state
9.0%Decision denial rate-15.09 pts vs state
81.6%Origination rate+21.99 pts vs state
6.63%Median rate0.00 pts vs state
0.19Rate spread (pts)-0.02 pts vs state
$134kMedian applicant income
496Loans originated
51Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
202368650710.6%6.88%#96
20245494418.2%7.04%#112
20256084968.4%6.63%#119

What Ulster Savings Bank lends in New York

By loan purpose

Home purchase 343 56% · 5.5% denied
Refinance 22 4% · 9.1% denied
Cash-out refinance 72 12% · 13.9% denied
Home improvement 88 14% · 11.4% denied
Other / HELOC 83 14% · 12.1% denied

By loan type

Conventional 606 100% · 8.4% denied
FHA 2 0% · 0.0% denied

Why it denied New York applicants

Debt-to-income ratio 20 39%
Credit history 17 33%
Incomplete application 7 14%
Collateral 5 10%
Other 1 2%
Unverifiable information 1 2%

Where in New York

Counties with the most Ulster Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ulster County 36430230 8.2%
Dutchess County 64487 10.9%
Orange County 64516 9.4%
Sullivan County 33274 12.1%
Greene County 27223 11.1%
Delaware County 18180 0.0%
Westchester County 1490 0.0%
Columbia County 1080 0.0%
Suffolk County 421 25.0%
Putnam County 220 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: 608 applications in 2025, of which 496 were originated and 51 denied.

8.4% of all applications, or 9.0% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

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

About this data. Figures are Ulster Savings 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