Lenders › Loan Funder LLC › New York
Loan Funder LLC in New York
HMDA record for properties in New York, calendar year 2024. National record · New York overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Loan Funder LLC's 2024 HMDA record for New York covers 3,530 applications, 1,851 of them originated, worth $1.1bn.
Its denial rate in the state was 14.7%, below the New York rate of 25.4% across all lenders and compared with the lender's national rate of 20.6%.
Applications in the state were up 96% on 2023.
Compared with the state and the lender's national record
| Measure | In New York | New York, all lenders | Loan Funder LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 14.7% | 25.4% | 20.6% | 24.3% |
| Median rate spread, pp | — | 0.3 | — | 0.3 |
| Originations with spread of 1.5 pp or more | — | 15.0% | — | 15.6% |
| Average originated loan | $572k | $446k | $370k | $329k |
| Home purchase share | 62.0% | 55.3% | 50.5% | 57.0% |
| FHA-insured share | 0.0% | 7.4% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 2.4% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateNew York, all lenders
Loan purpose and loan type in New York
By purpose
Home purchase 62% (1,147)Refinancing 12% (231)Cash-out refinancing 20% (373)Other purpose 5% (100)
By type
Conventional 100% (1,851)
Denial reasons as coded
Share of 319 denials in New York by first denial reason coded (outlined bar: all lenders in the state).
Counties in New York
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Suffolk County | 686 | 488 | $245m | 5.1% |
| Nassau County | 425 | 231 | $133m | 14.8% |
| Kings County | 512 | 192 | $212m | 26.7% |
| Orange County | 230 | 130 | $97m | 13.3% |
| Queens County | 289 | 127 | $80m | 23.0% |
| Bronx County | 206 | 116 | $78m | 10.8% |
| Westchester County | 202 | 109 | $71m | 12.1% |
| Sullivan County | 133 | 90 | $23m | 9.1% |
| Rockland County | 111 | 48 | $30m | 12.7% |
| Albany County | 58 | 31 | $5.7m | 6.1% |
| Erie County | 73 | 29 | $5.1m | 21.6% |
| Richmond County | 72 | 29 | $17m | 21.6% |
| Dutchess County | 54 | 29 | $10m | 19.4% |
| Rensselaer County | 51 | 29 | $5.2m | 12.1% |
| Broome County | 43 | 27 | $3.6m | 10.0% |
| Ulster County | 39 | 22 | $7.4m | 12.0% |
| Onondaga County | 64 | 18 | $9.2m | — |
| Monroe County | 42 | 16 | $2.7m | 42.9% |
| Oneida County | 29 | 16 | $1.9m | — |
| New York County | 36 | 8 | $11m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Loan Funder LLC originate in New York in 2024?
1,851 loans totalling $1.1bn, from 3,530 applications reported for properties in New York.
What is Loan Funder LLC's denial rate in New York?
14.7% of decided applications in New York were denied, against 25.4% for all lenders in the state and 20.6% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which New York counties does Loan Funder LLC lend in most?
By originations: Suffolk County (488), Nassau County (231), Kings County (192), Orange County (130), Queens County (127).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in New York. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.