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Nassau County, New York · 2025

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

343 lenders acted on 34,515 mortgage applications for properties in Nassau County in 2025. 22.3% were denied (New York: 19.8%). Median rate on closed loans 6.63%; median loan $415,000; median property value $825,000.

35kApplications
22.3%Denial ratestate 19.8%
6.63%Median ratestate 6.63%
$415,000Median loan
$825,000Median property value

Largest lenders in Nassau County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Bethpage Federal Credit Union C 3,7471,643 45.8%6.49%
2 Citizens Bank C 2,0941,181 31.3%7.90%
3 Nassau Educators Federal Credit Union B 2,0731,101 39.9%5.99%
4 JPMorgan Chase Bank B 1,7371,073 10.4%6.38%
5 Rocket Mortgage C 1,5541,138 17.5%6.99%
6 United Shore Financial Services B 1,5521,177 9.9%6.50%
7 TD Bank D 1,498762 30.2%7.69%
8 Bank of America F 1,330502 32.9%6.13%
9 Citibank B 1,026464 18.0%6.25%
10 Newrez D 997335 27.7%6.75%
11 Contour Mortgage B 641429 1.4%6.63%
12 Crosscountry Mortgage B 609405 4.4%6.75%
13 Nationwide Mortgage Bankers C 531379 2.1%6.63%
14 Wells Fargo Bank B 492295 10.4%6.13%
15 Discover Bank F 47449 61.2%8.56%
16 Pennymac Loan Services C 416240 11.8%6.50%
17 Manufacturers and Traders Trust C 393209 34.9%5.99%
18 Teachers Federal Credit Union D 393222 8.1%6.69%
19 Loan Funder F 345232 8.7%10.25%
20 Loandepot.Com D 342239 17.5%6.88%
21 Cliffco C 328232 5.8%6.75%
22 United Mortgage C 315213 5.4%6.75%
23 Homebridge Financial Services B 303217 16.8%8.50%
24 Meadowbrook Financial Mortgage Bankers D 301168 4.3%6.63%
25 Municipal Credit Union D 301108 24.9%6.63%

Best approval odds in Nassau County

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

#LenderDecidedDecision denial rate
1First Central Savings Bank550.0%
2Metro City Bank820.0%
3Embrace Home Loans821.2%
4Summit Mortgage Bankers611.6%
5Contour Mortgage4482.0%
6Interstate Home Loan Center1932.1%
7FM Home Loans1392.2%
8Nationwide Mortgage Bankers4432.5%
9American Neighborhood Mortgage Acceptance Company1172.6%
10United Northern Mortgage Bankers732.7%

What Nassau County borrowers applied for

By loan purpose

Home purchase 13,457 39% · 8.2% denied
Refinance 5,088 15% · 25.2% denied
Cash-out refinance 5,214 15% · 18.5% denied
Home improvement 5,826 17% · 40.0% denied
Other / HELOC 4,930 14% · 40.6% denied

By loan type

Conventional 31,867 92% · 22.6% denied
FHA 2,258 7% · 18.6% denied
VA 378 1% · 12.7% denied
USDA / RHS 12 0% · 16.7% denied

Why applications were denied

Debt-to-income ratio 3,412 45%
Credit history 1,731 23%
Collateral 867 11%
Other 690 9%
Incomplete application 547 7%
Unverifiable information 261 3%
Insufficient cash 104 1%
Employment history 49 1%
Mortgage insurance denied 2 0%

Nassau County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202329,93816,24825.0%6.84%$365,000
202431,45116,96024.6%6.99%$375,000
202534,51519,23022.3%6.63%$415,000

Frequently asked questions

22.3% of applications in Nassau County were denied in 2025, against 19.8% statewide in New York.

Bethpage Federal Credit Union, with 3,747 applications in 2025 and a denial rate of 45.8%.

The median mortgage application in Nassau County in 2025 was for $415,000; the median property value on originated loans was $825,000.