Essex County, New York · 2025

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

121 lenders acted on 953 mortgage applications for properties in Essex County in 2025. 17.9% were denied (New York: 19.8%). Median rate on closed loans 6.63%; median loan $175,000; median property value $335,000.

953Applications
17.9%Denial ratestate 19.8%
6.63%Median ratestate 6.63%
$175,000Median loan
$335,000Median property value

Largest lenders in Essex County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Community Bank D 153115 13.1%6.99%
2 Rocket Mortgage C 8260 15.9%6.99%
3 Glens Falls National Bank and Trust C 7441 20.3%5.99%
4 NBT Bank B 5139 19.6%5.00%
5 Guaranteed Rate B 3420 8.8%6.70%
6 Newrez D 3118 9.7%6.38%
7 Citizens Bank C 2411 41.7%7.90%
8 U.S. Bank D 2310 30.4%6.94%
9 21st Mortgage F 213 23.8%9.81%
10 Absolute Home Mortgage C 2014 10.0%7.13%
11 Broadview Federal Credit Union C 1911 26.3%4.99%
12 TD Bank D 188 22.2%7.77%
13 United Shore Financial Services B 1712 5.9%6.50%
14 Homestead Funding A 1611 0.0%6.25%
15 Navy Federal Credit Union D 164 25.0%8.88%
16 Adirondack Bank D 156 20.0%6.75%
17 AMERICU Credit Union C 158 20.0%6.00%
18 Bank of America F 149 14.3%5.74%
19 Sefcu Services A 1210 8.3%6.31%
20 Wells Fargo Bank B 114 27.3%6.81%
21 JPMorgan Chase Bank B 104 20.0%6.75%
22 Loandepot.Com D 106 40.0%5.93%
23 Pennymac Loan Services C 93 11.1%6.99%
24 Crosscountry Mortgage B 84 0.0%6.66%
25 Mortgage Research Center C 85 12.5%6.25%

Best approval odds in Essex County

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

#LenderDecidedDecision denial rate
1Community Bank13514.8%
2Rocket Mortgage7517.3%
3NBT Bank5020.0%
4Glens Falls National Bank and Trust5825.9%

What Essex County borrowers applied for

By loan purpose

Home purchase 488 51% · 11.5% denied
Refinance 85 9% · 16.5% denied
Cash-out refinance 129 14% · 20.9% denied
Home improvement 128 13% · 35.2% denied
Other / HELOC 123 13% · 23.6% denied

By loan type

Conventional 820 86% · 17.9% denied
FHA 78 8% · 20.5% denied
VA 43 5% · 16.3% denied
USDA / RHS 12 1% · 8.3% denied

Why applications were denied

Debt-to-income ratio 59 35%
Collateral 44 26%
Credit history 28 16%
Other 19 11%
Incomplete application 11 6%
Insufficient cash 4 2%
Unverifiable information 4 2%
Employment history 2 1%

Essex County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202385749917.4%6.63%$155,000
202491857218.4%6.84%$175,000
202595355317.9%6.63%$175,000

Frequently asked questions

17.9% of applications in Essex County were denied in 2025, against 19.8% statewide in New York.

Community Bank, with 153 applications in 2025 and a denial rate of 13.1%.

The median mortgage application in Essex County in 2025 was for $175,000; the median property value on originated loans was $335,000.