Ulster County, New York · 2025

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

218 lenders acted on 5,171 mortgage applications for properties in Ulster County in 2025. 21.5% were denied (New York: 19.8%). Median rate on closed loans 6.75%; median loan $225,000; median property value $455,000.

5.2kApplications
21.5%Denial ratestate 19.8%
6.75%Median ratestate 6.63%
$225,000Median loan
$455,000Median property value

Largest lenders in Ulster County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Hudson Valley Credit Union B 767416 26.5%5.88%
2 MID-HUDSON VALLEY Federal Credit Union D 442258 30.3%7.00%
3 Ulster Savings Bank B 364302 8.2%6.75%
4 Rocket Mortgage C 335223 23.3%6.75%
5 Manufacturers and Traders Trust C 196122 29.6%5.99%
6 Citizens Bank C 19697 34.2%8.15%
7 Homestead Funding A 189154 3.2%6.49%
8 Bank of America F 14151 29.8%6.38%
9 Newrez D 13460 21.6%6.63%
10 Crosscountry Mortgage B 12283 8.2%6.74%
11 United Shore Financial Services B 10066 17.0%6.50%
12 JPMorgan Chase Bank B 9957 15.2%6.38%
13 Wallkill Valley Federal Savings and Loan Association B 7556 4.0%
14 Primelending, a Plainscapital A 7351 8.2%6.75%
15 Rondout Savings Bank 6337 17.5%
16 Discover Bank F 6111 55.7%8.61%
17 Sawyer Savings Bank 5638 10.7%
18 TD Bank D 5328 22.6%7.69%
19 Heritage Financial Credit Union C 5045 10.0%6.75%
20 21st Mortgage F 499 42.9%10.32%
21 Loandepot.Com D 4931 22.5%6.75%
22 The Bank of Greene County D 4827 33.3%7.25%
23 KeyBank C 4626 34.8%6.75%
24 Loan Funder F 4623 28.3%9.75%
25 Walden Savings Bank B 4332 7.0%

Best approval odds in Ulster County

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

What Ulster County borrowers applied for

By loan purpose

Home purchase 2,097 41% · 11.7% denied
Refinance 588 11% · 24.2% denied
Cash-out refinance 946 18% · 23.7% denied
Home improvement 938 18% · 31.5% denied
Other / HELOC 602 12% · 34.4% denied

By loan type

Conventional 4,776 92% · 21.3% denied
FHA 299 6% · 25.8% denied
VA 93 2% · 16.1% denied
USDA / RHS 3 0% · 66.7% denied

Why applications were denied

Debt-to-income ratio 431 40%
Collateral 218 20%
Credit history 204 19%
Incomplete application 92 8%
Other 92 8%
Unverifiable information 21 2%
Employment history 15 1%
Insufficient cash 13 1%

Ulster County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20234,6892,67723.0%6.88%$205,000
20244,5942,70121.7%6.88%$205,000
20255,1713,04121.5%6.75%$225,000

Frequently asked questions

21.5% of applications in Ulster County were denied in 2025, against 19.8% statewide in New York.

Hudson Valley Credit Union, with 767 applications in 2025 and a denial rate of 26.5%.

The median mortgage application in Ulster County in 2025 was for $225,000; the median property value on originated loans was $455,000.