FinanceRateCalc
Research and analysis by — 23 years in banking (credit side), now analyzing federal HMDA records independently. No ads, no lender compensation. Methodology · [email protected]

FHA denial rates in New York: every major lender, ranked (2025)

Direct answer · updated 2026-07-19

New York’s FHA denial rate in 2025 was 24.9% across 22,032 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.

Every high-volume FHA lender in New York

Cells require 100+ decisioned applications. Sorted softest first. Observed rates — not endorsements.

LenderNew York FHA appsDenial rate
Homestead Funding Corp.6554.0%
Nationwide Mortgage Bankers, Inc6264.3%
Premium Mortgage Corporation7466.4%
Crosscountry Mortgage, LLC6507.5%
Movement Mortgage, LLC37510.9%
Finance Of America Reverse LLC36212.4%
United Wholesale Mortgage2,13316.5%
M&T Bank67327.6%
Pennymac Loan Services LLC86829.3%
Rocket Mortgage3,36532.8%
Loandepot.Com LLC56935.0%
Plaza Home Mortgage, Inc52436.3%
Freedom Mortgage Corporation48236.3%
Carrington Mortgage Services LLC51758.6%
Newrez LLC1,17562.0%

The small-loan penalty in New York

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.

What is HMDA?

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.

Who pays for this?

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.