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Westchester County, New York · 2025

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

337 lenders acted on 20,622 mortgage applications for properties in Westchester County in 2025. 17.7% were denied (New York: 19.8%). Median rate on closed loans 6.62%; median loan $405,000; median property value $855,000.

21kApplications
17.7%Denial ratestate 19.8%
6.62%Median ratestate 6.63%
$405,000Median loan
$855,000Median property value

Largest lenders in Westchester County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 JPMorgan Chase Bank B 1,6501,093 9.4%6.38%
2 Citizens Bank C 1,489898 27.9%7.90%
3 Rocket Mortgage C 1,159815 19.8%6.88%
4 Bank of America F 1,017521 23.5%5.99%
5 Citibank B 1,016507 16.1%6.13%
6 United Shore Financial Services B 851645 9.8%6.50%
7 TD Bank D 809438 26.1%7.69%
8 Crosscountry Mortgage B 786577 4.6%6.74%
9 Hudson Valley Credit Union B 686366 25.4%4.50%
10 Newrez D 639249 21.1%6.63%
11 Wells Fargo Bank B 630362 12.2%6.00%
12 Loandepot.Com D 620459 9.4%6.63%
13 Manufacturers and Traders Trust C 500270 33.8%5.99%
14 U.S. Bank D 342230 14.6%6.25%
15 Webster Bank C 300171 22.0%6.74%
16 Bethpage Federal Credit Union C 289130 39.1%6.49%
17 TrustCo Bank B 260142 28.5%5.88%
18 Pennymac Loan Services C 255166 8.6%6.50%
19 Homebridge Financial Services B 231160 14.3%9.69%
20 Discover Bank F 21724 58.1%8.62%
21 Municipal Credit Union D 20277 31.2%6.38%
22 Morgan Stanley Private Bank A 194155 4.1%5.80%
23 United Northern Mortgage Bankers C 186137 7.5%6.63%
24 Guaranteed Rate B 17687 2.3%6.48%
25 Better Mortgage F 17551 24.6%8.50%

Best approval odds in Westchester County

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

#LenderDecidedDecision denial rate
11st Priority Mortgage531.9%
2Movement Mortgage563.6%
3Nationwide Mortgage Bankers1023.9%
4Guaranteed Rate914.4%
5Morgan Stanley Private Bank1724.7%
6Crosscountry Mortgage6245.8%
7Prosperity Home Mortgage1306.2%
8UBS Bank USA568.9%
9United Northern Mortgage Bankers1559.0%
10Loan Funder10310.7%

What Westchester County borrowers applied for

By loan purpose

Home purchase 9,757 47% · 8.4% denied
Refinance 2,660 13% · 18.4% denied
Cash-out refinance 2,772 13% · 19.8% denied
Home improvement 2,950 14% · 32.2% denied
Other / HELOC 2,483 12% · 33.8% denied

By loan type

Conventional 19,488 95% · 17.5% denied
FHA 917 4% · 21.8% denied
VA 215 1% · 14.4% denied
USDA / RHS 2 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 1,553 43%
Collateral 720 20%
Credit history 576 16%
Other 315 9%
Incomplete application 247 7%
Unverifiable information 138 4%
Insufficient cash 65 2%
Employment history 28 1%
Mortgage insurance denied 1 0%

Westchester County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202317,35510,11320.4%6.63%$355,000
202417,94110,39619.6%6.75%$375,000
202520,62212,21117.7%6.62%$405,000

Frequently asked questions

17.7% of applications in Westchester County were denied in 2025, against 19.8% statewide in New York.

JPMorgan Chase Bank, with 1,650 applications in 2025 and a denial rate of 9.4%.

The median mortgage application in Westchester County in 2025 was for $405,000; the median property value on originated loans was $855,000.