USAA Federal Savings Bank · New York · 2025

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

USAA Federal Savings Bank took 653 mortgage applications in New York in 2025, ranking #115 of 750 lenders active in the state. It originated 38.6% of them and denied 33.7% (45.9% of the applications it decided), against a statewide denial rate of 19.8%.

653Applicationsin NY
45.9%Decision denial ratestate 24.0%
6.63%Median ratestate 6.63%
$285,000Median loanstate $235,000
$79MVolume60 counties

USAA Federal Savings Bank in New York vs the state

33.7%Denial rate+13.94 pts vs state
45.9%Decision denial rate+21.89 pts vs state
38.6%Origination rate-21.00 pts vs state
6.63%Median rate0.00 pts vs state
0.09Rate spread (pts)-0.12 pts vs state
$124kMedian applicant income
252Loans originated
220Denied

Trend in New York

YearApplicationsOriginatedDenial rateMedian rateRank in state
202356524130.8%6.63%#106
202470928333.6%6.63%#98
202565325233.7%6.63%#115

What USAA Federal Savings Bank lends in New York

By loan purpose

Home purchase 536 82% · 31.0% denied
Refinance 23 4% · 56.5% denied
Cash-out refinance 72 11% · 41.7% denied
Home improvement 13 2% · 38.5% denied
Other / HELOC 9 1% · 66.7% denied

By loan type

Conventional 281 43% · 38.8% denied
VA 372 57% · 29.8% denied

Why it denied New York applicants

Incomplete application 86 39%
Debt-to-income ratio 57 26%
Collateral 24 11%
Insufficient cash 22 10%
Credit history 14 6%
Other 10 5%
Unverifiable information 7 3%

Where in New York

Counties with the most USAA Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Onondaga County 552315 27.3%
Erie County 471814 29.8%
Jefferson County 39247 17.9%
Suffolk County 31914 45.2%
Monroe County 2598 32.0%
Orange County 24812 50.0%
Nassau County 22611 50.0%
Albany County 2085 25.0%
Westchester County 20412 60.0%
Niagara County 1665 31.3%

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: 653 applications in 2025, of which 252 were originated and 220 denied.

33.7% of all applications, or 45.9% of the applications it actually decided on. The New York statewide average across all lenders was 19.8%.

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

About this data. Figures are USAA Federal 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