States › New York
New York mortgage lending
Every HMDA reporter's applications, originations and denial rate for properties in New York, with all 62 counties.
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. Record year 2024.
New York had 353,864 HMDA-reported mortgage applications and 208,818 originations ($93bn) in 2024, from 369 lenders with at least 25 applications in the state.
The statewide denial rate was 25.4% (national 24.3%) and the median rate spread 0.3 percentage points (national 0.3). Originations ran at 27.0 per 1,000 households, against 48.0 nationally.
Originations in the state went from 283,988 in 2018 to 208,818 in 2024; the denial rate moved from 27.0% to 25.4%.
The most active lenders by originations were Rocket Mortgage (11,366), United Wholesale Mortgage (10,994) and CBNA Year to Date (8,689).
Most active lenders in New York
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Rocket Mortgage | 15,744 | 11,366 | $2.9bn | 20.8% | 0.6 |
| 2 | United Wholesale Mortgage | 14,594 | 10,994 | $5.1bn | 13.4% | 0.2 |
| 3 | CBNA Year to Date | 16,559 | 8,689 | $3.4bn | 39.2% | 1.1 |
| 4 | JPMorgan Chase Bank, NA | 11,440 | 7,362 | $6.2bn | 14.1% | 0.1 |
| 5 | M&T Bank | 11,292 | 6,725 | $1.3bn | 33.5% | 0.5 |
| 6 | ESL Federal Credit Union | 7,843 | 5,554 | $644m | 19.4% | 0.4 |
| 7 | Bethpage Federal Credit Union | 11,510 | 4,828 | $1.2bn | 51.8% | -0.8 |
| 8 | Premium Mortgage Corporation | 5,321 | 4,738 | $1.2bn | 2.9% | 0.3 |
| 9 | Crosscountry Mortgage, LLC | 6,666 | 4,716 | $2.1bn | 4.9% | 0.3 |
| 10 | TD Bank | 9,705 | 4,530 | $2.0bn | 40.6% | 0.6 |
| 11 | Community Bank, N.A. | 5,658 | 4,175 | $596m | 16.1% | 0.9 |
| 12 | Homestead Funding Corp. | 4,784 | 3,966 | $1.1bn | 3.4% | 0.1 |
| 13 | Broadview Federal Credit Union | 5,785 | 3,769 | $338m | 24.7% | 1.1 |
| 14 | Bank of America NA | 9,850 | 3,483 | $2.0bn | 50.9% | 0.8 |
| 15 | Citibank, NA | 7,572 | 3,468 | $2.9bn | 26.4% | -0.2 |
| 16 | Hudson Valley Credit Union | 5,680 | 3,084 | $463m | 27.7% | -0.3 |
| 17 | Empower Federal Credit Union | 4,086 | 2,889 | $340m | 19.3% | 0.1 |
| 18 | Sefcu Services LLC | 3,233 | 2,802 | $821m | 2.0% | -0.2 |
| 19 | Wells Fargo Bank NA | 5,264 | 2,727 | $6.2bn | 25.1% | -0.2 |
| 20 | Keybank National Association | 4,455 | 2,444 | $499m | 34.8% | 0.3 |
| 21 | Contour Mortgage Corporation | 2,967 | 2,069 | $1.0bn | 4.6% | 0.3 |
| 22 | Teachers Federal Credit Union | 3,023 | 1,956 | $363m | 8.8% | 2.0 |
| 23 | Americu Credit Union | 2,892 | 1,921 | $268m | 27.2% | 0.2 |
| 24 | Newrez LLC | 5,446 | 1,907 | $688m | 41.1% | 0.6 |
| 25 | Movement Mortgage, LLC | 2,534 | 1,860 | $517m | 6.6% | 0.4 |
| 26 | Loan Funder LLC | 3,530 | 1,851 | $1.1bn | 14.7% | — |
| 27 | Nationwide Mortgage Bankers, Inc. | 2,408 | 1,703 | $931m | 4.7% | 0.6 |
| 28 | Jovia Financial Federal Credit | 3,402 | 1,646 | $316m | 46.2% | 0.3 |
| 29 | Loandepot.com, LLC | 2,542 | 1,626 | $624m | 22.9% | 0.2 |
| 30 | Plaza Home Mortgage, Inc | 2,706 | 1,616 | $611m | 30.1% | 0.4 |
| 31 | Genesee Regional Bank | 1,867 | 1,539 | $356m | 4.7% | 0.5 |
| 32 | Discover Bank | 11,103 | 1,473 | $150m | 79.7% | 2.1 |
| 33 | Pennymac Loan Services LLC | 2,569 | 1,451 | $719m | 20.9% | 0.3 |
| 34 | 1st Priority Mortgage, Inc. | 1,703 | 1,424 | $388m | 5.0% | 0.2 |
| 35 | Primelending | 1,757 | 1,387 | $361m | 6.4% | 0.4 |
| 36 | Trustco Bank | 2,317 | 1,365 | $286m | 27.1% | -2.1 |
| 37 | Navy Federal Credit Union | 3,270 | 1,352 | $328m | 40.8% | 0.6 |
| 38 | Us Bank, N.A. | 2,663 | 1,309 | $928m | 39.9% | -0.1 |
| 39 | Nbt Bank NA | 2,015 | 1,279 | $324m | 25.1% | -2.6 |
| 40 | The Lyons National Bank | 1,232 | 1,059 | $205m | 7.3% | 0.3 |
| 41 | Hometown Funding, INC. D/B/A CNB Mortgage Company | 1,174 | 1,051 | $275m | 2.9% | 0.3 |
| 42 | Guaranteed Rate, Inc. | 1,781 | 1,044 | $518m | 7.2% | 0.1 |
| 43 | Tompkins Community Bank | 1,346 | 1,035 | $366m | 18.1% | -0.3 |
| 44 | Norwich Commercial Group Inc | 1,283 | 970 | $523m | 10.9% | 0.4 |
| 45 | Cardinal Financial Company, Li | 1,347 | 969 | $500m | 9.7% | 0.5 |
| 46 | First Source Federal Credit Un | 1,262 | 948 | $95m | 15.1% | 1.6 |
| 47 | Morgan Stanley Private Bank NA | 1,204 | 923 | $1.3bn | 6.3% | -0.5 |
| 48 | Hunt Mortgage Corporation | 1,162 | 914 | $230m | 6.0% | 0.4 |
| 49 | CMG Mortgage Inc | 1,255 | 895 | $398m | 7.0% | 0.0 |
| 50 | Northwest Bank | 1,354 | 872 | $150m | 26.4% | -0.2 |
| 51 | Nationstar Mortgage | 1,388 | 866 | $235m | 22.8% | 0.6 |
| 52 | United Mortgage Corp. | 1,304 | 863 | $493m | 4.4% | 0.7 |
| 53 | Meadowbrook Financial Mortgage Bankers Corp. | 1,406 | 858 | $489m | 5.1% | 0.7 |
| 54 | Cornerstone Community FCU | 1,275 | 840 | $106m | 13.6% | -3.0 |
| 55 | East West Bank | 1,145 | 832 | $355m | 10.7% | 0.3 |
| 56 | Flagstar Bank NA | 1,860 | 819 | $358m | 40.3% | 0.6 |
| 57 | Municipal Credit Union | 2,465 | 818 | $179m | 49.7% | -0.5 |
| 58 | Sunmark Credit Union | 1,262 | 815 | $141m | 15.4% | 0.3 |
| 59 | Fairway Independent Mort Corp | 1,061 | 814 | $288m | 9.1% | 0.4 |
| 60 | Cliffco, Inc | 1,071 | 809 | $482m | 6.0% | 0.5 |
Top 60 of 369 lenders with at least 25 applications in the state, by originations. 264 lenders have 100 or more applications here and link to a state-specific page.
Compared with the nation
| Measure | New York | United States |
|---|---|---|
| Denial rate | 25.4% | 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 | $446k | $329k |
| Originations per 1,000 households | 27.0 | 48.0 |
| Home purchase share of originations | 55.3% | 57.0% |
| FHA-insured share | 7.4% | 13.4% |
| VA-guaranteed share | 2.4% | 7.9% |
Trend, 2018–2024
ApplicationsOriginations
New YorkUnited States
FHA share of originationsVA share
| Year | Applications | Originations | Amount | Denial rate | FHA | VA | Refinance share |
|---|---|---|---|---|---|---|---|
| 2018 | 476,706 | 283,988 | $112bn | 27.0% | 10.0% | 2.7% | 30.7% |
| 2019 | 513,171 | 307,788 | $135bn | 25.2% | 10.2% | 2.8% | 36.4% |
| 2020 | 646,134 | 401,375 | $170bn | 20.4% | 7.4% | 3.0% | 53.9% |
| 2021 | 719,272 | 474,930 | $207bn | 17.5% | 7.0% | 2.7% | 51.5% |
| 2022 | 499,550 | 307,253 | $151bn | 22.5% | 7.3% | 2.2% | 29.8% |
| 2023 | 345,807 | 203,081 | $85bn | 26.0% | 8.3% | 2.2% | 19.3% |
| 2024 | 353,864 | 208,818 | $93bn | 25.4% | 7.4% | 2.4% | 21.0% |
Yearly figures from the HMDA Data Browser aggregations for the state (all reporters).
Loan purpose and loan type, 2024
By purpose
Home purchase 55% (115,407)Home improvement 14% (28,385)Refinancing 10% (19,878)Cash-out refinancing 12% (24,033)Other purpose 10% (21,093)
By type
Conventional 90% (188,100)FHA 7% (15,521)VA 2% (4,919)USDA 0% (278)
Counties
| County | Applications | Originations | Per 1,000 households | Denial rate | Median spread | Lenders |
|---|---|---|---|---|---|---|
| Suffolk County | 41,394 | 23,796 | 46.4 | 27.3% | 0.4 | 109 |
| Nassau County | 31,451 | 16,960 | 37.0 | 30.2% | 0.3 | 103 |
| Monroe County | 21,300 | 14,764 | 46.4 | 18.9% | 0.4 | 63 |
| Erie County | 22,117 | 14,649 | 35.8 | 21.6% | 0.4 | 75 |
| Queens County | 24,959 | 12,559 | 14.9 | 31.6% | 0.2 | 112 |
| Kings County | 22,308 | 11,232 | 11.1 | 30.7% | 0.2 | 109 |
| Westchester County | 17,941 | 10,396 | 27.9 | 24.3% | 0.2 | 87 |
| Onondaga County | 11,989 | 7,920 | 40.0 | 21.0% | 0.3 | 55 |
| Orange County | 11,902 | 6,878 | 49.6 | 26.5% | 0.5 | 70 |
| New York County | 11,321 | 6,375 | 8.2 | 22.6% | -0.1 | 52 |
| Albany County | 7,775 | 4,978 | 37.0 | 20.5% | 0.2 | 40 |
| Richmond County | 8,690 | 4,969 | 29.1 | 26.4% | 0.4 | 57 |
| Dutchess County | 7,731 | 4,571 | 39.3 | 25.1% | 0.3 | 50 |
| Saratoga County | 7,179 | 4,480 | 44.0 | 21.5% | 0.1 | 44 |
| Rockland County | 7,692 | 4,313 | 41.5 | 27.8% | 0.5 | 48 |
| Niagara County | 5,443 | 3,561 | 38.8 | 21.7% | 0.3 | 39 |
| Bronx County | 7,792 | 3,553 | 6.7 | 36.3% | 0.4 | 60 |
| Oneida County | 5,252 | 3,483 | 36.6 | 21.8% | 0.5 | 35 |
| Rensselaer County | 4,586 | 2,916 | 43.7 | 21.0% | 0.3 | 26 |
| Schenectady County | 4,664 | 2,904 | 43.4 | 22.5% | 0.3 | 32 |
| Ulster County | 4,594 | 2,701 | 36.4 | 25.5% | 0.3 | 32 |
| Broome County | 4,263 | 2,642 | 32.2 | 23.3% | 0.3 | 28 |
| Ontario County | 3,256 | 2,254 | 46.7 | 18.2% | 0.4 | 25 |
| Oswego County | 3,063 | 1,936 | 41.0 | 24.3% | 0.4 | 29 |
| Wayne County | 2,726 | 1,915 | 49.9 | 19.4% | 0.4 | 21 |
| Jefferson County | 2,749 | 1,795 | 37.7 | 20.7% | 0.2 | 18 |
| Sullivan County | 2,875 | 1,588 | 50.5 | 27.8% | 0.6 | 29 |
| Putnam County | 2,727 | 1,582 | 44.5 | 25.4% | 0.3 | 25 |
| Steuben County | 2,298 | 1,530 | 39.0 | 19.4% | 0.5 | 19 |
| Chautauqua County | 2,382 | 1,507 | 28.2 | 25.6% | 0.5 | 18 |
| Chemung County | 2,044 | 1,352 | 38.3 | 18.8% | 0.5 | 17 |
| Cayuga County | 1,802 | 1,183 | 37.5 | 22.6% | 0.4 | 15 |
| Warren County | 1,861 | 1,106 | 36.7 | 24.4% | 0.3 | 18 |
| Madison County | 1,635 | 1,072 | 40.8 | 22.4% | 0.2 | 15 |
| Tompkins County | 1,529 | 1,049 | 24.2 | 18.5% | -0.0 | 13 |
| Livingston County | 1,498 | 1,030 | 42.1 | 19.6% | 0.4 | 15 |
| Columbia County | 1,666 | 956 | 35.9 | 26.5% | 0.3 | 17 |
| Herkimer County | 1,537 | 951 | 36.9 | 25.5% | 0.6 | 15 |
| Washington County | 1,581 | 909 | 37.1 | 26.5% | 0.4 | 17 |
| Genesee County | 1,353 | 888 | 35.7 | 23.5% | 0.4 | 12 |
| Greene County | 1,508 | 847 | 45.4 | 27.0% | 0.4 | 15 |
| Clinton County | 1,370 | 822 | 24.5 | 24.9% | 0.7 | 10 |
| Cattaraugus County | 1,338 | 818 | 25.6 | 24.6% | 0.7 | 12 |
| St. Lawrence County | 1,358 | 808 | 19.4 | 27.0% | 0.7 | 11 |
| Fulton County | 1,355 | 799 | 34.9 | 27.3% | 0.5 | 13 |
| Otsego County | 1,265 | 737 | 31.8 | 27.1% | 0.4 | 10 |
| Montgomery County | 1,234 | 691 | 35.2 | 28.6% | 0.5 | 14 |
| Orleans County | 1,050 | 686 | 42.3 | 23.5% | 0.6 | 10 |
| Tioga County | 1,126 | 655 | 32.2 | 26.1% | 0.5 | 8 |
| Cortland County | 959 | 615 | 32.4 | 24.7% | 0.2 | 10 |
| Chenango County | 984 | 583 | 29.3 | 25.7% | 0.4 | 9 |
| Essex County | 918 | 572 | 35.0 | 22.5% | 0.5 | 6 |
| Wyoming County | 826 | 564 | 34.3 | 20.8% | 0.5 | 10 |
| Delaware County | 1,062 | 560 | 29.2 | 30.7% | 0.4 | 6 |
| Schoharie County | 829 | 505 | 39.3 | 24.3% | 0.4 | 9 |
| Allegany County | 745 | 475 | 26.8 | 24.1% | 0.8 | 5 |
| Lewis County | 683 | 446 | 40.1 | 22.9% | 0.5 | 6 |
| Seneca County | 697 | 446 | 32.8 | 25.9% | 0.5 | 6 |
| Yates County | 599 | 430 | 45.3 | 16.2% | 0.4 | 6 |
| Franklin County | 570 | 353 | 18.1 | 24.3% | 0.6 | 3 |
| Schuyler County | 451 | 284 | 38.6 | 24.6% | 0.5 | 7 |
| Hamilton County | 173 | 103 | 42.5 | 20.7% | 0.2 | 0 |
By originations. Lenders: those with at least 25 applications in the county.
VA-guaranteed loans by month
VA publishes lender volume nationally, not by state; see the Aug 2026 VA lender table and the monthly series. The VA-guaranteed share of New York originations by year is charted above from HMDA.
Questions and answers
Which mortgage lenders are most active in New York?
By 2024 originations: Rocket Mortgage (11,366), United Wholesale Mortgage (10,994), CBNA Year to Date (8,689), JPMorgan Chase Bank, NA (7,362), M&T Bank (6,725). 369 lenders had at least 25 applications in the state.
What is the mortgage denial rate in New York?
25.4% of decided applications were denied in 2024, against 24.3% nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
How has mortgage lending in New York changed since 2018?
Originations went from 283,988 in 2018 to 208,818 in 2024; the denial rate moved from 27.0% to 25.4%.
Where does this data come from?
From the public HMDA loan/application register (FFIEC and CFPB) for 2024, the HMDA Data Browser aggregations for 2018–2024, and Census Bureau household estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 and Data Browser aggregations 2018–2024 (FFIEC and CFPB, public domain); households from the Census Bureau ACS 2024 five-year estimates. Built 30 Sep 2026; data through 1 Aug 2026.