# Best Mortgage Lenders in New York

**As of:** 2026-06-04

Compare the top mortgage lenders in New York. Data-driven rankings based on pricing, approval rates, and local market expertise.

> **Canonical URL:** https://saferate.com/local/new-york/best-mortgage-lenders


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


## Market Statistics

- **Total Lenders:** 215
- **Total Loans:** 47,525
- **Median Rate Spread:** 0.2421531100478469%

## Top Lenders

| Rank | Lender | Safe Rate Score | Pricing | Pull-Through | Place | Avg Fees | Rate Spread | Volume | Type | Channel | Notes |
|------|--------|----------------|---------|--------------|-------|----------|-------------|--------|------|---------|-------|
| 1 | [Citibank, National Association](https://saferate.com/lenders/citibank-national-association) | 80 | 87 | 58 | 96 | -$465 (Credit) | -0.287% | 2,140 | Bank | Direct | — |
| 2 | [Morgan Stanley Private Bank, National Association](https://saferate.com/lenders/morgan-stanley-private-bank-national-association) | 80 | 94 | 66 | 80 | $347 | -0.553% | 484 | Bank | Direct | — |
| 3 | [NJ LENDERS CORP.](https://saferate.com/lenders/nj-lenders) | 77 | 67 | 76 | 89 | $1814 | -0.023% | 875 | Independent Mortgage Company | Direct | — |
| 4 | [Bank of America, National Association](https://saferate.com/lenders/bank-of-america-national-association) | 77 | 73 | 75 | 83 | $1248 | -0.322% | 816 | Bank | Direct | — |
| 5 | [Valley National Bank](https://saferate.com/lenders/valley-national-bank) | 77 | 87 | 65 | 78 | $1066 | -0.539% | 268 | Bank | Direct | — |
| 6 | [UNITED WHOLESALE MORTGAGE, LLC](https://saferate.com/lenders/united-wholesale-mortgage) | 76 | 41 | 93 | 96 | $3685 | 0.206% | 4,302 | Independent Mortgage Company | Wholesale | Pricing may vary between mortgage brokers. |
| 7 | [U.S. Bank National Association](https://saferate.com/lenders/us-bank-national-association) | 76 | 75 | 71 | 82 | -$18 (Credit) | -0.209% | 803 | Bank | Direct | — |
| 8 | [Kearny Bank](https://saferate.com/lenders/kearny-bank) | 76 | 93 | 64 | 71 | $1073 | -0.235% | 121 | Bank | Direct | — |
| 9 | [Columbia Bank](https://saferate.com/lenders/columbia-bank) | 75 | 96 | 59 | 71 | $383 | -0.920% | 115 | Bank | Direct | — |
| 10 | [Citizens Bank, National Association](https://saferate.com/lenders/citizens-bank-national-association) | 74 | 69 | 62 | 91 | $702 | -0.185% | 1,365 | Bank | Direct | — |
| 11 | [JPMorgan Chase Bank, National Association](https://saferate.com/lenders/jpmorgan-chase-bank-national-association) | 73 | 49 | 70 | 100 | $3163 | 0.107% | 4,529 | Bank | Direct & Wholesale | Pricing may vary depending on whether you work with JPMorgan Chase Bank, National Association directly or with a mortgage broker. |
| 12 | [Manufacturers and Traders Trust Company](https://saferate.com/lenders/manufacturers-and-traders-trust) | 73 | 62 | 78 | 78 | $1503 | -0.116% | 425 | Bank | Direct | — |
| 13 | [ROCKET MORTGAGE, LLC](https://saferate.com/lenders/rocket-mortgage) | 72 | 29 | 95 | 92 | $4384 | 0.206% | 2,884 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Rocket Mortgage directly or with a mortgage broker. |
| 14 | [NAVY FEDERAL CREDIT UNION](https://saferate.com/lenders/navy-federal-credit-union) | 72 | 93 | 60 | 63 | $678 | -0.638% | 151 | Credit Union | Direct | — |
| 15 | [Wells Fargo Bank, National Association](https://saferate.com/lenders/wells-fargo-bank-national-association) | 71 | 63 | 59 | 92 | $1521 | -0.254% | 1,942 | Bank | Direct | — |
| 16 | [LOANDEPOT.COM, LLC](https://saferate.com/lenders/loandepotcom) | 71 | 48 | 76 | 88 | $1456 | 0.066% | 1,559 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Loandepot.Com directly or with a mortgage broker. |
| 17 | [Municipal Credit Union](https://saferate.com/lenders/municipal-credit-union) | 71 | 95 | 42 | 77 | $460 | -0.263% | 176 | Credit Union | Direct | — |
| 18 | [HSBC BANK USA, NATIONAL ASSOCIATION](https://saferate.com/lenders/hsbc-bank-usa-national-association) | 70 | 64 | 68 | 79 | $497 | -0.243% | 363 | Bank | Direct | — |
| 19 | [United Nations Federal Credit Union](https://saferate.com/lenders/united-nations-federal-credit-union) | 69 | 80 | 47 | 79 | $209 | -0.585% | 272 | Credit Union | Direct | — |
| 20 | [AMERICAN FEDERAL MORTGAGE CORPORATION](https://saferate.com/lenders/american-federal-mortgage) | 69 | 96 | 43 | 68 | -$272 (Credit) | -0.292% | 118 | Independent Mortgage Company | Direct | — |
| 21 | [RELIANCE FIRST CAPITAL, LLC](https://saferate.com/lenders/reliance-first-capital) | 69 | N/A | 96 | 62 | N/A | N/A | 98 | Independent Mortgage Company | Direct | — |
| 22 | [PENNYMAC LOAN SERVICES, LLC](https://saferate.com/lenders/pennymac-loan-services) | 67 | 56 | 63 | 81 | $1907 | 0.181% | 741 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Pennymac Loan Services directly or with a mortgage broker. |
| 23 | [GUARANTEED RATE, INC.](https://saferate.com/lenders/guaranteed-rate) | 65 | 41 | 69 | 84 | $2562 | 0.094% | 1,039 | Independent Mortgage Company | Direct | — |
| 24 | [TD Bank, National Association](https://saferate.com/lenders/td-bank-national-association) | 65 | 47 | 57 | 89 | $945 | 0.023% | 988 | Bank | Direct | — |
| 25 | [Bethpage Federal Credit Union](https://saferate.com/lenders/bethpage-federal-credit-union) | 65 | 66 | 55 | 74 | $1386 | -0.275% | 197 | Credit Union | Direct & Wholesale | Pricing may vary depending on whether you work with Bethpage Federal Credit Union directly or with a mortgage broker. |
| 26 | [1ST PRIORITY MORTGAGE, INC.](https://saferate.com/lenders/1st-priority-mortgage) | 65 | 47 | 77 | 71 | $2930 | 0.153% | 164 | Independent Mortgage Company | Direct | — |
| 27 | [MOVEMENT MORTGAGE, LLC](https://saferate.com/lenders/movement-mortgage) | 64 | 32 | 84 | 77 | $3576 | 0.205% | 554 | Independent Mortgage Company | Direct | — |
| 28 | [PNC Bank, National Association](https://saferate.com/lenders/pnc-bank-national-association) | 64 | 71 | 61 | 62 | $1623 | -0.032% | 119 | Bank | Direct | — |
| 29 | [CROSSCOUNTRY MORTGAGE, LLC](https://saferate.com/lenders/crosscountry-mortgage) | 63 | 20 | 76 | 94 | $2640 | 0.203% | 2,895 | Independent Mortgage Company | Direct | — |
| 30 | [CMG MORTGAGE, INC.](https://saferate.com/lenders/cmg-mortgage) | 63 | 33 | 81 | 76 | $3398 | 0.102% | 497 | Independent Mortgage Company | Direct | — |
| 31 | [Flagstar Bank, N.A.](https://saferate.com/lenders/flagstar-bank) | 63 | 40 | 76 | 73 | $3932 | 0.367% | 364 | Bank | Direct & Wholesale | Pricing may vary depending on whether you work with Flagstar Bank, N.A. directly or with a mortgage broker. |
| 32 | [SUMMIT MORTGAGE BANKERS INC.](https://saferate.com/lenders/summit-mortgage-bankers) | 63 | 42 | 68 | 80 | $3796 | 0.087% | 248 | Independent Mortgage Company | Direct | — |
| 33 | [NORWICH COMMERCIAL GROUP, INC.](https://saferate.com/lenders/norwich-commercial-group) | 62 | 42 | 64 | 80 | $3144 | 0.401% | 376 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Norwich Commercial Group directly or with a mortgage broker. |
| 34 | [CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP](https://saferate.com/lenders/cardinal-financial-company-limited-partnership) | 62 | 26 | 87 | 74 | $3298 | 0.385% | 327 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Cardinal Financial Company, Limited Partnership directly or with a mortgage broker. |
| 35 | [FREEDOM MORTGAGE CORPORATION](https://saferate.com/lenders/freedom-mortgage) | 62 | 55 | 67 | 63 | $2072 | 0.196% | 144 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Freedom Mortgage Corporation directly or with a mortgage broker. |
| 36 | [PLAZA HOME MORTGAGE, INC.](https://saferate.com/lenders/plaza-home-mortgage) | 61 | 36 | 69 | 77 | $3638 | 0.360% | 427 | Independent Mortgage Company | Wholesale | Pricing may vary between mortgage brokers. |
| 37 | [UBS Bank USA](https://saferate.com/lenders/ubs-bank-usa) | 60 | 66 | 50 | 66 | $991 | -0.091% | 110 | Bank | Direct | — |
| 38 | [CONTOUR MORTGAGE CORPORATION](https://saferate.com/lenders/contour-mortgage) | 59 | 26 | 69 | 83 | $4692 | 0.307% | 488 | Independent Mortgage Company | Direct | — |
| 39 | [FAIRWAY INDEPENDENT MORTGAGE CORPORATION](https://saferate.com/lenders/fairway-independent-mortgage) | 59 | 24 | 85 | 68 | $4036 | 0.328% | 245 | Independent Mortgage Company | Direct | — |
| 40 | [Prosperity Home Mortgage, LLC](https://saferate.com/lenders/prosperity-home-mortgage) | 59 | 37 | 77 | 63 | $2539 | 0.401% | 133 | Independent Mortgage Company | Direct | — |
| 41 | [Dime Community Bank](https://saferate.com/lenders/dime-community-bank) | 59 | 67 | 37 | 73 | $1458 | -0.417% | 118 | Bank | Direct & Wholesale | Pricing may vary depending on whether you work with Dime Community Bank directly or with a mortgage broker. |
| 42 | [NEWREZ LLC](https://saferate.com/lenders/newrez) | 58 | 35 | 59 | 79 | $2865 | 0.377% | 630 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Newrez Llc directly or with a mortgage broker. |
| 43 | [BOND STREET MORTGAGE, LLC](https://saferate.com/lenders/bond-street-mortgage) | 58 | 35 | 58 | 80 | $3120 | 0.254% | 290 | Independent Mortgage Company | Direct | — |
| 44 | [NATIONWIDE MORTGAGE BANKERS, INC.](https://saferate.com/lenders/nationwide-mortgage-bankers) | 57 | 11 | 74 | 85 | $5778 | 0.473% | 603 | Independent Mortgage Company | Direct | — |
| 45 | [UNITED NORTHERN MORTGAGE BANKERS LIMITED](https://saferate.com/lenders/united-northern-mortgage-bankers-limited) | 57 | 26 | 63 | 83 | $3858 | 0.295% | 378 | Independent Mortgage Company | Direct | — |
| 46 | [Paramount Residential Mortgage Group, Inc.](https://saferate.com/lenders/paramount-residential-mortgage-group) | 57 | 27 | 72 | 72 | $3720 | 0.511% | 296 | Independent Mortgage Company | Direct & Wholesale | Pricing may vary depending on whether you work with Paramount Residential Mortgage Group directly or with a mortgage broker. |
| 47 | [CLIFFCO, INC.](https://saferate.com/lenders/cliffco) | 57 | 24 | 72 | 77 | $3065 | 0.335% | 236 | Independent Mortgage Company | Direct | — |
| 48 | [Ridgewood Savings Bank](https://saferate.com/lenders/ridgewood-savings-bank) | 57 | 56 | 43 | 73 | $1884 | -0.199% | 123 | Bank | Direct & Wholesale | Pricing may vary depending on whether you work with Ridgewood Savings Bank directly or with a mortgage broker. |
| 49 | [BETTER MORTGAGE CORPORATION](https://saferate.com/lenders/better-mortgage) | 57 | 85 | 21 | 64 | $25 | -0.208% | 117 | Independent Mortgage Company | Direct | — |
| 50 | [GUARANTEED RATE AFFINITY, LLC](https://saferate.com/lenders/guaranteed-rate-affinity) | 56 | 33 | 60 | 75 | $2619 | 0.134% | 372 | Independent Mortgage Company | Direct | — |

## Methodology

Safe Rate calculates these rankings using a risk-adjusted, data-driven scoring system based on Home Mortgage Disclosure Act (HMDA) filings. Rather than relying on simple averages, our statistical models control for loan-level risk factors (such as LTV, loan amount, and property value) to evaluate a lender's true competitiveness within New York.

Our composite Safe Rate Score is derived using a weighted average of the following factors:
1. **Pricing:** Evaluates the lender's interest rates and net fees relative to the market.
2. **Pull-Through:** Measures the percentage of applications that successfully close, indicating reliability and customer service.
3. **Local Place Knowledge:** Analyzes the lender's total number of loans originated in the specific geography to determine local market expertise.
## Market Insights

- Citibank National Association is Safe Rate's top-ranked lender in New York, leading the composite scorecard across pricing, pullthrough, products, and local expertise.
- Top-ranked by institution type in New York: Bank: Citibank National Association (#1). Credit union: Navy Federal Credit Union (#14). Mortgage company: Nj Lenders (#3).
- There is often a pricing vs. pullthrough tradeoff in mortgage lending. In New York, Columbia Bank and Morgan Stanley Private Bank National Association scores highest on pricing while United Wholesale Mortgage and Nj Lenders leads on likelihood to close. That is why we encourage speaking with multiple lenders.
- United Wholesale Mortgage (UWM) ranks #6 in New York, serving as the platform behind many independent local brokers who live and work in the community. A local broker knows the neighborhoods, the local market, and is personally invested in your outcome. Real estate agents often prefer referring local brokers for their accessibility and responsiveness, qualities that matter when a deal is moving fast. Pricing and experience can vary by broker.
- Popular names in New York: Rocket Mortgage (#13) and Jpmorgan Chase Bank National Association (#11), both outside Safe Rate's top 10. Independent lenders and specialists tend to score higher on our composite scorecard.


## Frequently Asked Questions

### How are mortgage lenders ranked in New York?

Safe Rate ranks lenders using the 4 Ps framework, derived entirely from HMDA (Home Mortgage Disclosure Act) data: Pricing (how competitively a lender prices loans vs. the market benchmark), Pullthrough (how effectively a lender closes applications), Place (the lender's depth of expertise in New York), and Product (performance on specific loan types). Each lender receives a composite Safe Rate Score from 0–100. No lender pays to appear in the rankings.

### What is the Safe Rate Score?

The Safe Rate Score is a 0–100 composite index measuring a lender's performance across Pricing, Pullthrough, Place, and Product. Scores of 80 or above earn Champion status; scores of 60–79 earn Superstar status. All scores are calculated from verified HMDA data — no lender can pay to improve their position.

### How many mortgage lenders are active in New York?

Based on 2024 HMDA data, 215 lenders originated a combined 47,525 loans in New York. Safe Rate's rankings evaluate all of them — not just a curated shortlist.

### What does the rate spread tell me about a lender in New York?

Rate spread measures how much above the Average Prime Offer Rate (APOR) a lender charges. The median rate spread in New York is 0.24%. Lenders in Safe Rate's top rankings consistently price below this median, meaning borrowers typically pay less interest over the life of their loan.

### What is HMDA data and why does Safe Rate use it?

HMDA (Home Mortgage Disclosure Act) is a federal law requiring every mortgage lender to disclose every loan application annually — including rates, amounts, approvals, and denials. Safe Rate uses HMDA because it is government-verified, covers all lenders equally, and cannot be gamed. It is the most objective foundation available for lender rankings.

### Does Safe Rate accept payment from lenders to appear in rankings?

No. Safe Rate rankings are strictly data-driven. No lender can pay to appear in or improve their position in Safe Rate's rankings. The only factor that determines a lender's rank is their verified HMDA performance data.

### What is the difference between a bank, credit union, and independent mortgage company?

Banks and credit unions offer mortgages alongside checking, savings, and other products. Independent Mortgage Companies (IMCs) focus exclusively on originating loans and often offer more product variety and speed. In New York's rankings, all three institution types are evaluated on the same HMDA performance metrics.

## Licensing & Disclosures

Lender rankings and market statistics are created by [Dylan Hall, licensed mortgage loan officer (NMLS #1658740)](https://www.nmlsconsumeraccess.org/EntityDetails.aspx/INDIVIDUAL/1658740). Safe Rate is a mortgage technology platform; mortgage lending services are provided by [PartnerOwn LLC dba Safe Rate Mortgage, a licensed mortgage broker and lender (NMLS #1590949)](https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1590949). Safe Rate Mortgage is a lending partner of some of the lenders ranked on this page, and Safe Rate Inc. has software or service customers on this list; however, all rankings are calculated using objective, public Home Mortgage Disclosure Act (HMDA) datasets, completely independent of any corporate partnerships, client relationships, or compensation.