Safe Rate Rankings

Best Bank Mortgage Lenders in New York

Updated February 6, 2026
⚖️ 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.
Total Lenders28
Total Loans36,665
Median Rate Spread0.13%

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RankLenderOverallPricingPull ThroughPlaceAvg FeesRate Spread# of LoansAction
1
Tompkins Community BankBank
Exceptional
Exceptional
Exceptional
Exceptional
$1,144Fees
0.017%Above
446
2
NBT Bank, National AssociationBank
Exceptional
Exceptional
Strong
Exceptional
$1,086Fees
0.081%Below
450
3
Citibank, National AssociationBank
Exceptional
Exceptional
Sound
Exceptional
$304Credit
0.246%Below
2,587
4
Morgan Stanley Private Bank, National AssociationBank
Exceptional
Exceptional
Strong
Strong
$323Fees
0.553%Below
591
5
TrustCo BankBank
Exceptional
Exceptional
Sound
Exceptional
$1,659Fees
0.218%Below
493
6
Valley National BankBank
Exceptional
Exceptional
Strong
Strong
$1,149Fees
0.496%Below
450
7
Manufacturers and Traders Trust CompanyBank
Exceptional
Strong
Strong
Exceptional
$1,052Fees
0.167%Above
2,631
8
Citizens Bank, National AssociationBank
Exceptional
Strong
Strong
Exceptional
$1,115Fees
0.093%Below
2,366
9
KeyBank National AssociationBank
Exceptional
Strong
Strong
Exceptional
$1,211Fees
0.052%Above
1,503
10
Bank of America, National AssociationBank
Exceptional
Strong
Strong
Exceptional
$1,501Fees
0.260%Below
1,433
11
The Lyons National BankBank
Exceptional
Strong
Strong
Exceptional
$967Fees
0.297%Above
470
12
Five Star BankBank
Exceptional
Strong
Strong
Exceptional
$1,278Fees
0.263%Above
397
13
Wells Fargo Bank, National AssociationBank
Strong
Strong
Sound
Exceptional
$1,682Fees
0.187%Below
2,546
14
U.S. Bank National AssociationBank
Strong
Strong
Strong
Strong
$157Fees
0.158%Below
967
15
HSBC BANK USA, NATIONAL ASSOCIATIONBank
Strong
Strong
Strong
Strong
$579Fees
0.211%Below
371
16
Northwest BankBank
Strong
Strong
Strong
Strong
$1,119Fees
0.113%Above
285
17
Glens Falls National Bank and Trust CompanyBank
Strong
Strong
Strong
Strong
$1,117Fees
0.059%Above
242
18
JPMorgan Chase Bank, National AssociationBank
Strong
Sound
Strong
Exceptional
$3,228Fees
0.144%Above
6,052
19
Community Bank, National AssociationBank
Strong
Sound
Strong
Exceptional
$389Fees
0.784%Above
1,928
20
Ulster Savings BankBank
Strong
Sound
Exceptional
Strong
$2,708Fees
0.157%Above
249
21
Genesee Regional BankBank
Strong
Acceptable
Exceptional
Exceptional
$1,911Fees
0.504%Above
1,480
22
TD Bank, National AssociationBank
Strong
Sound
Sound
Exceptional
$1,072Fees
0.053%Above
1,292
23
USAA Federal Savings BankBank
Strong
Sound
Sound
Strong
$1,906Fees
0.105%Above
267
24
Flagstar Bank, N.A.Bank
Strong
Acceptable
Strong
Strong
$3,769Fees
0.429%Above
633
25
Metro City BankBank
Sound
Mediocre
Strong
Strong
$5,852Fees
1.970%Above
356
26
The Federal Savings BankBank
Sound
Mediocre
Sound
Strong
$4,983Fees
0.413%Above
650
27
Quontic BankBank
Sound
Mediocre
Sound
Strong
$6,443Fees
1.063%Above
442
28
Bank of HopeBank
Sound
Mediocre
Sound
Strong
$1,589Fees
0.554%Above
276

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Place
Local market expertise (33%)

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.