Lenders › Rocket Mortgage › New York
Rocket Mortgage 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.
In New York, Rocket Mortgage reported 15,744 applications and 11,366 originations for 2024, $2.9bn in all.
Its denial rate in the state was 20.8%, below the New York rate of 25.4% across all lenders and compared with the lender's national rate of 18.2%.
The median rate spread on its New York originations was 0.6 percentage points (state median 0.3).
Applications in the state were up 19% on 2023.
Compared with the state and the lender's national record
| Measure | In New York | New York, all lenders | Rocket Mortgage, all states | United States |
|---|---|---|---|---|
| Denial rate | 20.8% | 25.4% | 18.2% | 24.3% |
| Median rate spread, pp | 0.6 | 0.3 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 19.6% | 15.0% | 17.8% | 15.6% |
| Average originated loan | $254k | $446k | $270k | $329k |
| Home purchase share | 29.8% | 55.3% | 38.0% | 57.0% |
| FHA-insured share | 19.8% | 7.4% | 18.5% | 13.4% |
| VA-guaranteed share | 5.9% | 2.4% | 7.8% | 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 30% (3,382)Home improvement 1% (119)Refinancing 8% (929)Cash-out refinancing 55% (6,293)Other purpose 6% (643)
By type
Conventional 74% (8,438)FHA 20% (2,255)VA 6% (673)
Denial reasons as coded
Share of 3,053 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 | 1,746 | 1,330 | $400m | 17.0% |
| Erie County | 1,229 | 919 | $163m | 17.9% |
| Nassau County | 1,175 | 908 | $326m | 16.1% |
| Queens County | 938 | 631 | $227m | 25.7% |
| Westchester County | 846 | 631 | $223m | 19.1% |
| Monroe County | 772 | 603 | $104m | 15.9% |
| Orange County | 643 | 482 | $124m | 18.1% |
| Onondaga County | 554 | 411 | $72m | 20.2% |
| Richmond County | 474 | 347 | $106m | 20.4% |
| Dutchess County | 466 | 346 | $92m | 17.8% |
| Kings County | 539 | 330 | $142m | 31.4% |
| Niagara County | 396 | 310 | $54m | 16.9% |
| Rockland County | 285 | 221 | $74m | 13.2% |
| Oneida County | 251 | 192 | $32m | 17.4% |
| Ulster County | 253 | 175 | $44m | 24.9% |
| Albany County | 236 | 173 | $37m | 17.2% |
| Bronx County | 288 | 167 | $56m | 37.6% |
| Saratoga County | 220 | 164 | $37m | 18.4% |
| Putnam County | 221 | 160 | $47m | 17.4% |
| Broome County | 212 | 151 | $22m | 23.3% |
| Chautauqua County | 199 | 151 | $24m | 19.7% |
| New York County | 261 | 150 | $65m | 35.0% |
| Rensselaer County | 184 | 134 | $27m | 20.5% |
| Schenectady County | 176 | 124 | $23m | 20.1% |
| Oswego County | 156 | 113 | $19m | 19.7% |
| Sullivan County | 159 | 103 | $22m | 28.3% |
| Clinton County | 139 | 102 | $19m | 20.2% |
| Steuben County | 118 | 81 | $12m | 25.7% |
| Wayne County | 102 | 79 | $14m | 17.3% |
| Jefferson County | 119 | 77 | $15m | 24.5% |
| St. Lawrence County | 133 | 75 | $12m | 36.4% |
| Ontario County | 117 | 75 | $14m | 25.7% |
| Washington County | 115 | 74 | $11m | 26.0% |
| Chemung County | 114 | 73 | $11m | 26.7% |
| Cattaraugus County | 100 | 72 | $11m | 21.3% |
| Madison County | 105 | 67 | $12m | 28.4% |
| Fulton County | 91 | 67 | $11m | 16.0% |
| Essex County | 90 | 64 | $13m | 22.0% |
| Otsego County | 96 | 63 | $12m | 31.5% |
| Genesee County | 84 | 63 | $10m | 19.2% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Rocket Mortgage originate in New York in 2024?
11,366 loans totalling $2.9bn, from 15,744 applications reported for properties in New York.
What is Rocket Mortgage's denial rate in New York?
20.8% of decided applications in New York were denied, against 25.4% for all lenders in the state and 18.2% 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 Rocket Mortgage lend in most?
By originations: Suffolk County (1,330), Erie County (919), Nassau County (908), Queens County (631), Westchester County (631).
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.