Lenders › Pennymac Loan Services LLC › New York
Pennymac Loan Services 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.
In New York, Pennymac Loan Services LLC reported 2,569 applications and 1,451 originations for 2024, $719m in all.
Its denial rate in the state was 20.9%, below the New York rate of 25.4% across all lenders and compared with the lender's national rate of 20.6%.
The median rate spread on its New York originations was 0.3 percentage points (state median 0.3).
Applications in the state were up 27% on 2023.
Compared with the state and the lender's national record
| Measure | In New York | New York, all lenders | Pennymac Loan Services LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 20.9% | 25.4% | 20.6% | 24.3% |
| Median rate spread, pp | 0.3 | 0.3 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 6.1% | 15.0% | 20.4% | 15.6% |
| Average originated loan | $496k | $446k | $337k | $329k |
| Home purchase share | 74.9% | 55.3% | 41.8% | 57.0% |
| FHA-insured share | 26.5% | 7.4% | 22.4% | 13.4% |
| VA-guaranteed share | 4.3% | 2.4% | 22.3% | 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 75% (1,087)Refinancing 5% (78)Cash-out refinancing 15% (214)Other purpose 5% (72)
By type
Conventional 69% (1,003)FHA 27% (385)VA 4% (63)
Denial reasons as coded
Share of 393 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 | 406 | 269 | $147m | 13.2% |
| Nassau County | 303 | 180 | $102m | 19.8% |
| Richmond County | 216 | 167 | $91m | 7.4% |
| Queens County | 261 | 164 | $110m | 24.8% |
| Westchester County | 159 | 104 | $59m | 16.8% |
| Orange County | 97 | 60 | $24m | 17.6% |
| Erie County | 111 | 56 | $15m | 23.3% |
| Rockland County | 88 | 51 | $27m | 25.0% |
| Kings County | 109 | 49 | $34m | 32.9% |
| Dutchess County | 70 | 47 | $20m | 17.5% |
| Monroe County | 120 | 30 | $4.8m | 27.9% |
| Putnam County | 43 | 28 | $13m | 22.2% |
| Bronx County | 54 | 24 | $16m | 31.6% |
| Onondaga County | 50 | 21 | $4.7m | 16.0% |
| Saratoga County | 25 | 16 | $6.1m | — |
| Albany County | 34 | 14 | $4.4m | — |
| Niagara County | 35 | 13 | $3.9m | — |
| Schenectady County | 25 | 13 | $2.8m | — |
| Broome County | 29 | 12 | $2.4m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Pennymac Loan Services LLC originate in New York in 2024?
1,451 loans totalling $719m, from 2,569 applications reported for properties in New York.
What is Pennymac Loan Services LLC's denial rate in New York?
20.9% 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 Pennymac Loan Services LLC lend in most?
By originations: Suffolk County (269), Nassau County (180), Richmond County (167), Queens County (164), Westchester County (104).
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.