Safe Rate Rankings

Best Jumbo Mortgage Lenders in New York

Updated June 4, 2026

Rankings are a starting point, not a verdict. Safe Rate recommends speaking with 2-3 lenders to find the right fit for your home loan!

⚖️ The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.

🛡️ No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

📊 HMDA 2024Built using publicly available originated loan data from the federal government.

🎯 Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.

Market

Total Lenders215

Total Loans47,525

Median Rate Spread0.24%

New York Market Insights

Citibank National Association is Safe Rate's top-ranked Jumbo lender in New York, leading on pricing, pullthrough, Jumbo product expertise, and local knowledge.
There is often a pricing vs. pullthrough tradeoff in mortgage lending. In New York, Morgan Stanley Private Bank National Association and Citibank National Association scores highest on Jumbo pricing while Bank of America National Association and Manufacturers and Traders Trust leads on likelihood to close. That is why we encourage speaking with multiple lenders.
United Wholesale Mortgage (UWM) ranks #8 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 (#10).

Explore Rankings by Type

Overall Rankings

All lenders in New York

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By Institution Type

Banks Credit Unions Mortgage Companies

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Rank	Lender	Overall	Pricing	Product	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	Citibank, National Association BankDirect	Exceptional	Exceptional	Exceptional	Strong	Exceptional	$465Credit	0.287%Below	2,140
2	Bank of America, National Association BankDirect	Exceptional	Exceptional	Exceptional	Strong	Exceptional	$1,248Fees	0.322%Below	816
3	U.S. Bank National Association BankDirect	Exceptional	Exceptional	Exceptional	Strong	Exceptional	$18Credit	0.209%Below	803
4	Morgan Stanley Private Bank, National Association BankDirect	Exceptional	Exceptional	Exceptional	Strong	Strong	$347Fees	0.553%Below	484
5	Wells Fargo Bank, National Association BankDirect	Exceptional	Exceptional	Exceptional	Strong	Exceptional	$1,521Fees	0.254%Below	1,942
6	Manufacturers and Traders Trust Company BankDirect	Exceptional	Strong	Exceptional	Strong	Strong	$1,503Fees	0.116%Below	425
7	HSBC BANK USA, NATIONAL ASSOCIATION BankDirect	Exceptional	Exceptional	Exceptional	Strong	Strong	$497Fees	0.243%Below	363
8	UNITED WHOLESALE MORTGAGE, LLC Independent Mortgage CompanyWholesale	Exceptional	Sound*	Exceptional	Strong	Exceptional	$3,685Fees	0.206%Above	4,302
9	Citizens Bank, National Association BankDirect	Exceptional	Strong	Exceptional	Strong	Exceptional	$702Fees	0.185%Below	1,365
10	JPMorgan Chase Bank, National Association BankDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Exceptional	$3,163Fees	0.107%Above	4,529
11	UBS Bank USA BankDirect	Strong	Exceptional	Exceptional	Strong	Strong	$991Fees	0.091%Below	110
12	United Nations Federal Credit Union Credit UnionDirect	Strong	Exceptional	Exceptional	Strong	Strong	$209Fees	0.585%Below	272
13	ROCKET MORTGAGE, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Exceptional	$4,384Fees	0.206%Above	2,884
14	GUARANTEED RATE, INC. Independent Mortgage CompanyDirect	Strong	Strong	Exceptional	Strong	Exceptional	$2,562Fees	0.094%Above	1,039
15	TD Bank, National Association BankDirect	Strong	Sound	Exceptional	Strong	Exceptional	$945Fees	0.023%Above	988
16	NJ LENDERS CORP. Independent Mortgage CompanyDirect	Strong	Strong	Strong	Strong	Exceptional	$1,814Fees	0.023%Below	875
17	CROSSCOUNTRY MORTGAGE, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Exceptional	$2,640Fees	0.203%Above	2,895
18	Valley National Bank BankDirect	Strong	Strong	Strong	Strong	Strong	$1,066Fees	0.539%Below	268
19	NAVY FEDERAL CREDIT UNION Credit UnionDirect	Strong	Exceptional	Exceptional	Sound	Strong	$678Fees	0.638%Below	151
20	PENNYMAC LOAN SERVICES, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Exceptional	$1,907Fees	0.181%Above	741
21	LOANDEPOT.COM, LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Sound	Exceptional	$1,456Fees	0.066%Above	1,559
22	Webster Bank, National Association BankDirect & Wholesale	Strong	Sound*	Exceptional	Strong	Strong	$1,441Fees	0.157%Below	227
23	Municipal Credit Union Credit UnionDirect	Strong	Strong	Strong	Strong	Strong	$460Fees	0.263%Below	176
24	GUARANTEED RATE AFFINITY, LLC Independent Mortgage CompanyDirect	Strong	Sound	Exceptional	Sound	Strong	$2,619Fees	0.134%Above	372
25	PNC Bank, National Association BankDirect	Strong	Sound	Exceptional	Strong	Strong	$1,623Fees	0.032%Below	119
26	Ridgewood Savings Bank BankDirect & Wholesale	Strong	Strong*	Strong	Sound	Strong	$1,884Fees	0.199%Below	123
27	Dime Community Bank BankDirect & Wholesale	Strong	Strong*	Strong	Sound	Strong	$1,458Fees	0.417%Below	118
28	Bethpage Federal Credit Union Credit UnionDirect & Wholesale	Strong	Sound*	Exceptional	Sound	Strong	$1,386Fees	0.275%Below	197
29	AMERICAN FINANCIAL NETWORK, INC. Independent Mortgage CompanyDirect & Wholesale	Strong	Sound*	Exceptional	Sound	Strong	$3,162Fees	0.582%Above	188
30	NEWREZ LLC Independent Mortgage CompanyDirect & Wholesale	Strong	Acceptable*	Exceptional	Sound	Strong	$2,865Fees	0.377%Above	630
31	Prosperity Home Mortgage, LLC Independent Mortgage CompanyDirect	Strong	Acceptable	Exceptional	Strong	Strong	$2,539Fees	0.401%Above	133
32	FM Home Loans, LLC Independent Mortgage CompanyDirect	Strong	Mediocre	Strong	Strong	Exceptional	$2,551Fees	0.308%Above	384
33	NP, INC. Independent Mortgage CompanyDirect	Sound	Acceptable	Exceptional	Strong	Strong	$1,888Fees	1.201%Above	160
34	Flagstar Bank, N.A. BankDirect & Wholesale	Sound	Mediocre*	Exceptional	Sound	Strong	$3,932Fees	0.367%Above	364
35	GuardHill Financial Corp. Independent Mortgage CompanyDirect	Sound	Acceptable	Strong	Sound	Strong	$2,672Fees	0.122%Above	162
36	CLIFFCO, INC. Independent Mortgage CompanyDirect	Sound	Acceptable	Strong	Sound	Strong	$3,065Fees	0.335%Above	236
37	ARC HOME LLC Independent Mortgage CompanyWholesale	Sound	Mediocre*	Exceptional	Sound	Strong	$4,102Fees	0.743%Above	123
38	PLAZA HOME MORTGAGE, INC. Independent Mortgage CompanyWholesale	Sound	Mediocre*	Strong	Sound	Strong	$3,638Fees	0.360%Above	427
39	EAST COAST CAPITAL CORP. Independent Mortgage CompanyDirect	Sound	Mediocre	Strong	Sound	Strong	$4,886Fees	0.469%Above	233
40	A&D Mortgage LLC Independent Mortgage CompanyWholesale	Sound	Mediocre*	Exceptional	Sound	Strong	$4,576Fees	0.364%Above	193
41	HOMEBRIDGE FINANCIAL SERVICES, INC. Independent Mortgage CompanyWholesale	Sound	Mediocre*	Strong	Sound	Strong	$4,943Fees	0.582%Above	182
42	Quontic Bank BankDirect & Wholesale	Sound	Mediocre*	Strong	Sound	Strong	$6,401Fees	1.042%Above	218
43	MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. Independent Mortgage CompanyDirect	Sound	Mediocre	Sound	Mediocre	Exceptional	$5,780Fees	0.541%Above	393
44	Bank of Hope BankDirect	Acceptable	Mediocre	Sound	Mediocre	Strong	$1,636Fees	0.552%Above	234

❓ 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.

How We Rank Lenders

Our rankings use a weighted average of scores across equally-weighted categories to evaluate lenders on a linear, raw performance scale.

Our Point System (Max 40 Points)

Pricing

Rate and fee competitiveness (25%)

Pull Through

Reliability in closing loans (25%)

Product

Specialization in the loan type (25%)

Place

Local market expertise (25%)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

⚖️ Licensing & Disclosures

Lender rankings and market statistics are created by Dylan Hall, licensed mortgage loan officer (NMLS #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). 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.