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Washington County, New York · 2025

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

124 lenders acted on 1,758 mortgage applications for properties in Washington County in 2025. 22.5% were denied (New York: 19.8%). Median rate on closed loans 6.50%; median loan $155,000; median property value $265,000.

1.8kApplications
22.5%Denial ratestate 19.8%
6.50%Median ratestate 6.63%
$155,000Median loan
$265,000Median property value

Largest lenders in Washington County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Glens Falls National Bank and Trust C 209123 20.6%5.99%
2 Rocket Mortgage C 14497 24.3%6.99%
3 Homestead Funding A 140111 2.9%6.38%
4 Hudson River Community C 11049 34.6%6.50%
5 Broadview Federal Credit Union C 8449 33.3%6.25%
6 Citizens Bank C 7636 34.2%8.40%
7 United Shore Financial Services B 7664 2.6%6.62%
8 TrustCo Bank B 6839 16.2%5.88%
9 TD Bank D 5926 35.6%8.39%
10 Newrez D 5427 18.5%6.63%
11 TCT Federal Credit Union – 3921 33.3%—
12 Manufacturers and Traders Trust C 3617 44.4%6.00%
13 21st Mortgage F 365 41.7%8.99%
14 Sefcu Services A 2923 3.5%6.13%
15 Community Bank D 2817 21.4%7.50%
16 Navy Federal Credit Union D 2811 21.4%6.38%
17 Mortgage Research Center C 2613 26.9%6.63%
18 Guaranteed Rate B 2317 8.7%6.75%
19 NBT Bank B 2211 31.8%6.50%
20 Pennymac Loan Services C 2111 28.6%6.38%
21 Sunmark Credit Union C 2113 14.3%6.56%
22 Sidney Federal Credit Union B 2116 9.5%6.25%
23 Hunt Mortgage B 1914 15.8%6.56%
24 Discover Bank F 171 82.4%8.68%
25 JPMorgan Chase Bank B 178 23.5%6.56%

Best approval odds in Washington County

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

#LenderDecidedDecision denial rate
1United Shore Financial Services682.9%
2Homestead Funding1153.5%
3TrustCo Bank5420.4%
4Glens Falls National Bank and Trust16925.4%
5Rocket Mortgage13525.9%
6Broadview Federal Credit Union7835.9%
7Citizens Bank6341.3%
8Hudson River Community8743.7%

What Washington County borrowers applied for

By loan purpose

Home purchase 861 49% · 12.3% denied
Refinance 177 10% · 26.6% denied
Cash-out refinance 243 14% · 24.3% denied
Home improvement 251 14% · 41.0% denied
Other / HELOC 226 13% · 35.4% denied

By loan type

Conventional 1,398 80% · 24.2% denied
FHA 245 14% · 14.3% denied
VA 100 6% · 20.0% denied
USDA / RHS 15 1% · 13.3% denied

Why applications were denied

Debt-to-income ratio 152 39%
Credit history 97 25%
Collateral 66 17%
Other 36 9%
Incomplete application 20 5%
Unverifiable information 13 3%
Employment history 6 2%
Insufficient cash 3 1%

Washington County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,55489321.3%6.74%$135,000
20241,58190921.3%6.75%$145,000
20251,7581,00822.5%6.50%$155,000

Frequently asked questions

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

Glens Falls National Bank and Trust, with 209 applications in 2025 and a denial rate of 20.6%.

The median mortgage application in Washington County in 2025 was for $155,000; the median property value on originated loans was $265,000.