Lenders › Flagstar Bank NA › New York
Flagstar Bank NA 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, Flagstar Bank NA reported 1,860 applications and 819 originations for 2024, $358m in all.
Its denial rate in the state was 40.3%, above the New York rate of 25.4% across all lenders and compared with the lender's national rate of 29.4%.
The median rate spread on its New York originations was 0.6 percentage points (state median 0.3).
Applications in the state were about level with 2023.
Compared with the state and the lender's national record
| Measure | In New York | New York, all lenders | Flagstar Bank NA, all states | United States |
|---|---|---|---|---|
| Denial rate | 40.3% | 25.4% | 29.4% | 24.3% |
| Median rate spread, pp | 0.6 | 0.3 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 14.9% | 15.0% | 12.8% | 15.6% |
| Average originated loan | $437k | $446k | $303k | $329k |
| Home purchase share | 69.6% | 55.3% | 68.2% | 57.0% |
| FHA-insured share | 17.7% | 7.4% | 22.2% | 13.4% |
| VA-guaranteed share | 3.8% | 2.4% | 7.0% | 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 70% (570)Home improvement 2% (17)Refinancing 4% (34)Cash-out refinancing 19% (159)Other purpose 5% (39)
By type
Conventional 78% (639)FHA 18% (145)VA 4% (31)USDA 0% (4)
Denial reasons as coded
Share of 583 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 |
|---|---|---|---|---|
| Queens County | 276 | 112 | $44m | 41.0% |
| Nassau County | 276 | 108 | $53m | 44.5% |
| Suffolk County | 223 | 90 | $39m | 41.3% |
| Kings County | 196 | 88 | $51m | 38.5% |
| Erie County | 96 | 63 | $14m | 23.8% |
| Westchester County | 114 | 52 | $24m | 34.5% |
| New York County | 97 | 44 | $46m | 47.6% |
| Rockland County | 81 | 39 | $25m | 37.3% |
| Richmond County | 103 | 30 | $8.3m | 55.6% |
| Orange County | 53 | 28 | $10m | 36.4% |
| Bronx County | 52 | 27 | $12m | 34.9% |
| Niagara County | 37 | 26 | $5.8m | 18.8% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Flagstar Bank NA originate in New York in 2024?
819 loans totalling $358m, from 1,860 applications reported for properties in New York.
What is Flagstar Bank NA's denial rate in New York?
40.3% of decided applications in New York were denied, against 25.4% for all lenders in the state and 29.4% 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 Flagstar Bank NA lend in most?
By originations: Queens County (112), Nassau County (108), Suffolk County (90), Kings County (88), Erie County (63).
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.