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Broome County, New York · 2025

Mortgage lenders in Broome County, NY: denial rates and top lenders (2025)

190 lenders acted on 4,823 mortgage applications for properties in Broome County in 2025. 19.9% were denied (New York: 19.8%). Median rate on closed loans 6.75%; median loan $125,000; median property value $205,000.

4.8kApplications
19.9%Denial ratestate 19.8%
6.75%Median ratestate 6.63%
$125,000Median loan
$205,000Median property value

Largest lenders in Broome County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Visions Federal Credit Union C 950526 23.3%7.25%
2 Homestead Funding A 329281 0.9%6.49%
3 Manufacturers and Traders Trust C 324194 29.3%5.99%
4 Rocket Mortgage C 298197 23.5%6.88%
5 Broadview Federal Credit Union C 210123 29.5%6.25%
6 Empower Federal Credit Union B 207144 17.9%7.25%
7 Citizens Bank C 17278 38.4%8.90%
8 NBT Bank B 169108 20.1%5.74%
9 Tioga State Bank, N. A. B 10888 11.1%—
10 1st Priority Mortgage A 10686 4.7%6.50%
11 Community Bank D 10384 7.8%7.24%
12 Everett Financial C 7760 10.4%6.63%
13 Sidney Federal Credit Union B 7350 15.1%6.63%
14 Newrez D 6916 31.9%6.81%
15 Tompkins Community Bank B 6556 3.1%6.50%
16 United Shore Financial Services B 6340 20.6%6.63%
17 JPMorgan Chase Bank B 6036 11.7%6.50%
18 Discover Bank F 516 58.8%8.52%
19 Navy Federal Credit Union D 5020 24.0%6.13%
20 Absolute Home Mortgage C 4630 8.7%6.63%
21 Sefcu Services A 4135 2.4%6.38%
22 Loandepot.Com D 4026 30.0%6.99%
23 KeyBank C 3622 25.0%6.38%
24 GHS Federal Credit Union – 3634 0.0%6.13%
25 Lendingone F 343 35.3%9.99%

Best approval odds in Broome County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Homestead Funding2871.1%
2Tompkins Community Bank583.5%
31st Priority Mortgage915.5%
4Community Bank928.7%
5Everett Financial6911.6%
6Tioga State Bank, N. A.10111.9%
7Sidney Federal Credit Union6616.7%
8Empower Federal Credit Union18520.0%
9NBT Bank15422.1%
10United Shore Financial Services5424.1%

What Broome County borrowers applied for

By loan purpose

Home purchase 2,108 44% · 11.2% denied
Refinance 359 7% · 17.3% denied
Cash-out refinance 721 15% · 22.9% denied
Home improvement 952 20% · 25.8% denied
Other / HELOC 683 14% · 36.5% denied

By loan type

Conventional 4,195 87% · 20.0% denied
FHA 460 10% · 22.0% denied
VA 160 3% · 12.5% denied
USDA / RHS 8 0% · 12.5% denied

Why applications were denied

Debt-to-income ratio 267 28%
Credit history 265 28%
Collateral 150 16%
Other 147 16%
Incomplete application 50 5%
Unverifiable information 32 3%
Insufficient cash 18 2%
Employment history 9 1%
Mortgage insurance denied 1 0%

Broome County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20234,2202,42321.7%6.88%$105,000
20244,2632,64219.4%7.00%$115,000
20254,8232,91919.9%6.75%$125,000

Frequently asked questions

19.9% of applications in Broome County were denied in 2025, against 19.8% statewide in New York.

Visions Federal Credit Union, with 950 applications in 2025 and a denial rate of 23.3%.

The median mortgage application in Broome County in 2025 was for $125,000; the median property value on originated loans was $205,000.