Find a better mortgage lender

Dutchess County, New York · 2025

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

264 lenders acted on 8,535 mortgage applications for properties in Dutchess County in 2025. 20.5% were denied (New York: 19.8%). Median rate on closed loans 6.62%; median loan $225,000; median property value $485,000.

8.5kApplications
20.5%Denial ratestate 19.8%
6.62%Median ratestate 6.63%
$225,000Median loan
$485,000Median property value

Largest lenders in Dutchess County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Hudson Valley Credit Union B 2,2581,306 23.2%4.50%
2 Rocket Mortgage C 543383 20.8%6.88%
3 Citizens Bank C 302167 30.8%8.15%
4 MID-HUDSON VALLEY Federal Credit Union D 296166 30.7%7.00%
5 Manufacturers and Traders Trust C 263149 35.7%5.99%
6 Newrez D 256109 20.7%6.63%
7 Crosscountry Mortgage B 250204 2.8%6.63%
8 JPMorgan Chase Bank B 234153 9.0%6.38%
9 United Shore Financial Services B 233176 13.7%6.43%
10 Homestead Funding A 172142 1.7%6.50%
11 TEG Federal Credit Union C 156104 14.1%6.50%
12 Bank of America F 13754 30.7%6.00%
13 Primelending, a Plainscapital A 13698 5.2%6.75%
14 Loandepot.Com D 12389 12.2%6.75%
15 Pennymac Loan Services C 12188 6.6%6.63%
16 TD Bank D 11462 27.2%7.69%
17 Navy Federal Credit Union D 9645 19.8%7.75%
18 Discover Bank F 9212 57.6%8.61%
19 KeyBank C 8852 21.6%6.63%
20 TrustCo Bank B 8447 28.6%5.88%
21 NBT Bank B 8039 35.0%3.49%
22 Wells Fargo Bank B 7950 11.4%6.50%
23 Homebridge Financial Services B 7555 13.3%9.04%
24 Ulster Savings Bank B 6448 10.9%6.63%
25 Prosperity Home Mortgage A 6252 6.5%6.63%

Best approval odds in Dutchess County

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

#LenderDecidedDecision denial rate
1Homestead Funding1462.1%
2Crosscountry Mortgage2123.3%
3Primelending, a Plainscapital1205.8%
4Prosperity Home Mortgage567.1%
5Pennymac Loan Services998.1%
6JPMorgan Chase Bank17811.8%
7Ulster Savings Bank5712.3%
8Loandepot.Com10614.2%
9United Shore Financial Services21115.2%
10Wells Fargo Bank5915.3%

What Dutchess County borrowers applied for

By loan purpose

Home purchase 3,237 38% · 10.0% denied
Refinance 1,077 13% · 20.5% denied
Cash-out refinance 1,319 15% · 23.0% denied
Home improvement 1,806 21% · 29.2% denied
Other / HELOC 1,096 13% · 34.1% denied

By loan type

Conventional 7,769 91% · 20.7% denied
FHA 582 7% · 19.8% denied
VA 183 2% · 13.7% denied
USDA / RHS 1 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 714 41%
Credit history 409 24%
Collateral 266 15%
Other 160 9%
Incomplete application 110 6%
Unverifiable information 45 3%
Insufficient cash 23 1%
Employment history 12 1%

Dutchess County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20237,8424,45325.0%6.75%$205,000
20247,7314,57121.9%6.75%$215,000
20258,5355,06420.5%6.62%$225,000

Frequently asked questions

20.5% of applications in Dutchess County were denied in 2025, against 19.8% statewide in New York.

Hudson Valley Credit Union, with 2,258 applications in 2025 and a denial rate of 23.2%.

The median mortgage application in Dutchess County in 2025 was for $225,000; the median property value on originated loans was $485,000.