Lender Register

Lenders › Network Capital Funding Corporation › New York

Network Capital Funding Corporation in New York

HMDA record for properties in New York, calendar year 2024. National record · New York overview

LEI 549300GQDT484LGI9C04
Reporting agency Department of Housing and Urban Development
State New York

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.

Network Capital Funding Corporation's 2024 HMDA record for New York covers 110 applications, 15 of them originated, worth $4.6m.

Its denial rate in the state was 32.1%, above the New York rate of 25.4% across all lenders and compared with the lender's national rate of 60.4%.

Applications in the state were down 72% on 2023.

110applications in NY, 20240.9% of the lender's total
15loans originated$4.6m
32.1%denial rateNY all lenders 25.4%
—median rate spreadNY 0.3 pp

Compared with the state and the lender's national record

MeasureIn New YorkNew York, all lendersNetwork Capital Funding Corporation, all statesUnited States
Denial rate32.1%25.4%60.4%24.3%
Median rate spread, pp—0.30.20.3
Originations with spread of 1.5 pp or more—15.0%5.3%15.6%
Average originated loan—$446k$345k$329k
Home purchase share6.7%55.3%5.5%57.0%
FHA-insured share20.0%7.4%22.3%13.4%
VA-guaranteed share6.7%2.4%19.4%7.9%

Trend by year

ApplicationsOriginations

01842.53,6852022: 3,685 Applications2023: 386 Applications2024: 110 Applications2022: 121 Originations2023: 26 Originations2024: 15 Originations202220232024
Network Capital Funding Corporation in New York: applications and originations, 2022–2024

This lender in stateNew York, all lenders

0%45.1%90.2%2022: 90.2% This lender in state2023: 74.8% This lender in state2024: 32.1% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in New York

By purpose

Home purchase 7% (1)Refinancing 20% (3)Cash-out refinancing 73% (11)

By type

Conventional 73% (11)FHA 20% (3)VA 7% (1)

Denial reasons as coded

Withheld: fewer than 25 denials in the state.

Counties in New York

No county in the state reaches 25 applications.

Questions and answers

How many mortgages did Network Capital Funding Corporation originate in New York in 2024?

15 loans totalling $4.6m, from 110 applications reported for properties in New York.

What is Network Capital Funding Corporation's denial rate in New York?

32.1% of decided applications in New York were denied, against 25.4% for all lenders in the state and 60.4% 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 Network Capital Funding Corporation lend in most?

No county in the state reaches 25 applications.

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 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.