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Schoharie County, New York · 2025

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

105 lenders acted on 890 mortgage applications for properties in Schoharie County in 2025. 22.5% were denied (New York: 19.8%). Median rate on closed loans 6.50%; median loan $145,000; median property value $275,000.

890Applications
22.5%Denial ratestate 19.8%
6.50%Median ratestate 6.63%
$145,000Median loan
$275,000Median property value

Largest lenders in Schoharie County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Homestead Funding A 8263 3.7%6.38%
2 NBT Bank B 8148 25.9%5.00%
3 Rocket Mortgage C 8044 30.0%6.63%
4 Broadview Federal Credit Union C 6337 33.3%6.25%
5 First New York C 6248 9.7%5.50%
6 Bank of Richmondville – 3834 2.6%6.63%
7 Community Bank D 2418 16.7%7.38%
8 United Shore Financial Services B 2214 18.2%6.50%
9 Citizens Bank C 217 47.6%9.15%
10 Newrez D 208 25.0%6.31%
11 Sidney Federal Credit Union B 2015 15.0%6.63%
12 21st Mortgage F 195 52.6%9.86%
13 TrustCo Bank B 1911 26.3%6.25%
14 Sunmark Credit Union C 1912 5.3%6.31%
15 Wayne Bank F 1811 11.1%—
16 Sefcu Services A 1816 0.0%6.13%
17 KeyBank C 169 31.3%6.25%
18 Discover Bank F 133 53.9%10.22%
19 Manufacturers and Traders Trust C 124 58.3%5.99%
20 The National Bank of Coxsackie – 124 50.0%—
21 Bank of America F 102 60.0%6.12%
22 Pennymac Loan Services C 94 11.1%6.44%
23 Mortgage Research Center C 96 11.1%6.75%
24 Loandepot.Com D 98 11.1%6.63%
25 Freedom Mortgage B 82 25.0%7.44%

Best approval odds in Schoharie County

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

#LenderDecidedDecision denial rate
1Homestead Funding674.5%
2First New York5411.1%
3NBT Bank7826.9%
4Rocket Mortgage6934.8%
5Broadview Federal Credit Union5935.6%

What Schoharie County borrowers applied for

By loan purpose

Home purchase 383 43% · 14.1% denied
Refinance 90 10% · 15.6% denied
Cash-out refinance 127 14% · 27.6% denied
Home improvement 174 20% · 29.9% denied
Other / HELOC 116 13% · 38.8% denied

By loan type

Conventional 740 83% · 23.4% denied
FHA 98 11% · 21.4% denied
VA 46 5% · 10.9% denied
USDA / RHS 6 1% · 16.7% denied

Why applications were denied

Credit history 59 30%
Debt-to-income ratio 55 28%
Collateral 40 20%
Other 22 11%
Incomplete application 12 6%
Unverifiable information 5 3%
Insufficient cash 4 2%

Schoharie County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202380646824.3%6.74%$125,000
202482950520.5%6.75%$135,000
202589053522.5%6.50%$145,000

Frequently asked questions

22.5% of applications in Schoharie County were denied in 2025, against 19.8% statewide in New York.

Homestead Funding, with 82 applications in 2025 and a denial rate of 3.7%.

The median mortgage application in Schoharie County in 2025 was for $145,000; the median property value on originated loans was $275,000.