Figures on this page were re-read from the data files on 2026-10-01; an earlier version carried values from before the 26 July 2026 universe correction (reverse mortgages removed). Corrections log.
In New York, the highest FHA denial rates among major lenders in 2025 belonged to Newrez LLC (62.0%), Carrington Mortgage Services LLC (58.6%), Plaza Home Mortgage, Inc (36.4%).New York’s FHA denial rate in 2025 was 25.3% across 21,314 decisioned applications — ranking #10 of 52 states. Among high-volume lenders, the lowest observed denial rate was Homestead Funding Corp. at 4.0%; the highest was Newrez LLC at 62.0%. The institutional spread inside New York is 15.5×: the same FHA application faces a 4.0% observed denial rate at one high-volume door and 62.0% at another — two real endpoints of the federal record, same state, same program. Source: complete CFPB HMDA 2025 federal record.
Cells require 100+ decisioned applications. Sorted softest first. Observed rates — not endorsements.
| Lender | New York FHA apps | Denial rate |
|---|---|---|
| Homestead Funding Corp. | 655 | 4.0% |
| Nationwide Mortgage Bankers, Inc | 626 | 4.3% |
| Premium Mortgage Corporation | 746 | 6.4% |
| Crosscountry Mortgage, LLC | 650 | 7.5% |
| Movement Mortgage, LLC | 375 | 10.9% |
| Finance Of America Reverse LLC | 362 | 12.4% |
| United Wholesale Mortgage | 2,133 | 16.5% |
| M&T Bank | 673 | 27.6% |
| Pennymac Loan Services LLC | 868 | 29.3% |
| Rocket Mortgage | 3,365 | 32.8% |
| Loandepot.Com LLC | 569 | 35.0% |
| Plaza Home Mortgage, Inc | 524 | 36.4% |
| Freedom Mortgage Corporation | 482 | 36.4% |
| Carrington Mortgage Services LLC | 517 | 58.6% |
| Newrez LLC | 1,175 | 62.0% |
Applications under $150K were denied 34.2% of the time versus 23.3% for loans of $250K+ — a 1.5× penalty on the smallest loans. National context: the small-loan penalty.
The Home Mortgage Disclosure Act requires every U.S. mortgage lender to report every application — outcome, amount, and denial reason — to federal regulators annually. It is government-verified, covers all lenders equally, and cannot be gamed. These tables are processed directly from that record.
Nobody. No lender pays to appear or improve its position; no ads, no referral fees, no lead sales. FinanceRateCalc is not a lender and does not compete with the institutions it measures. Rates reflect applicant mix and channel as well as underwriting appetite — a high rate is not an accusation, and a low one is not advice. Compare nationally: the top-100 table · the 15-market door map · all 52 states ranked · why each lender says no.
Reading note: lender-level denial rates describe tendencies in the observed record, not rules — individual outcomes vary with each file. Rankings can also shift with denominator choices (which application outcomes are counted); FRC's rule is published in full in the methodology, so every figure here is reproducible from the raw federal file.