Sullivan County, New York · 2025

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

213 lenders acted on 3,004 mortgage applications for properties in Sullivan County in 2025. 21.6% were denied (New York: 19.8%). Median rate on closed loans 7.00%; median loan $245,000; median property value $385,000.

3.0kApplications
21.6%Denial ratestate 19.8%
7.00%Median ratestate 6.63%
$245,000Median loan
$385,000Median property value

Largest lenders in Sullivan County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 207143 21.3%6.88%
2 Hudson Valley Credit Union B 194103 28.4%6.38%
3 Jeff Bank F 14859 32.4%
4 United Shore Financial Services B 13189 16.0%6.75%
5 Citizens Bank C 10944 45.9%8.15%
6 Wayne Bank F 10651 26.4%
7 Ark Mortgage B 9572 2.1%7.50%
8 Champions Funding F 8361 7.2%7.63%
9 Newrez D 8134 17.3%6.94%
10 Crosscountry Mortgage B 7956 8.9%6.75%
11 Manufacturers and Traders Trust C 7736 39.0%5.99%
12 TD Bank D 6729 31.3%7.94%
13 JPMorgan Chase Bank B 6631 18.2%6.63%
14 Norwich Commercial Group C 6351 12.7%7.13%
15 Loan Funder F 6222 17.7%7.42%
16 Homebridge Financial Services B 5022 34.0%10.52%
17 21st Mortgage F 447 31.8%8.84%
18 Homestead Funding A 4237 0.0%6.75%
19 Logan Finance C 4218 23.8%7.31%
20 The Loan Store B 3624 2.8%7.38%
21 FM Home Loans B 3625 0.0%7.25%
22 Loandepot.Com D 3523 17.1%6.63%
23 Triad Financial Services D 336 33.3%8.24%
24 Ulster Savings Bank B 3327 12.1%6.63%
25 Bank of America F 3213 31.3%6.49%

Best approval odds in Sullivan County

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

#LenderDecidedDecision denial rate
1Ark Mortgage742.7%
2Champions Funding679.0%
3Crosscountry Mortgage6610.6%
4Norwich Commercial Group6013.3%
5United Shore Financial Services11118.9%
6Rocket Mortgage19422.7%
7Hudson Valley Credit Union18529.7%
8Wayne Bank8134.6%
9Jeff Bank12837.5%
10TD Bank5042.0%

What Sullivan County borrowers applied for

By loan purpose

Home purchase 1,349 45% · 14.6% denied
Refinance 330 11% · 21.2% denied
Cash-out refinance 604 20% · 19.0% denied
Home improvement 421 14% · 37.8% denied
Other / HELOC 300 10% · 36.0% denied

By loan type

Conventional 2,738 91% · 21.8% denied
FHA 207 7% · 21.7% denied
VA 56 2% · 12.5% denied
USDA / RHS 3 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 205 36%
Collateral 129 23%
Credit history 100 18%
Other 59 10%
Incomplete application 42 7%
Unverifiable information 19 3%
Insufficient cash 8 1%
Employment history 7 1%
Mortgage insurance denied 2 0%

Sullivan County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,7311,50323.3%7.13%$205,000
20242,8751,58823.1%7.25%$215,000
20253,0041,63821.6%7.00%$245,000

Frequently asked questions

21.6% of applications in Sullivan County were denied in 2025, against 19.8% statewide in New York.

Rocket Mortgage, with 207 applications in 2025 and a denial rate of 21.3%.

The median mortgage application in Sullivan County in 2025 was for $245,000; the median property value on originated loans was $385,000.