# Best Conventional Mortgage Bank Lenders in New York

**As of:** 2026-05-26

Compare the top banks for Conventional loans in New York.

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


> **📋 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 | SafeRate Score | Pricing | Pull-Through | Volume | Type |
|------|--------|----------------|---------|--------------|--------|------|
| 1 | Bank of America, National Association | 89 | 71 | 67 | 816 | Bank |
| 2 | U.S. Bank National Association | 89 | 75 | 69 | 803 | Bank |
| 3 | Citibank, National Association | 88 | 86 | 54 | 2,140 | Bank |
| 4 | PNC Bank, National Association | 85 | 75 | 63 | 119 | Bank |
| 5 | JPMorgan Chase Bank, National Association | 83 | 52 | 71 | 4,529 | Bank |
| 6 | Wells Fargo Bank, National Association | 83 | 61 | 57 | 1,942 | Bank |
| 7 | Citizens Bank, National Association | 83 | 70 | 59 | 1,365 | Bank |
| 8 | Morgan Stanley Private Bank, National Association | 79 | 96 | 57 | 484 | Bank |
| 9 | Manufacturers and Traders Trust Company | 79 | 59 | 76 | 425 | Bank |
| 10 | Valley National Bank | 79 | 89 | 59 | 268 | Bank |
| 11 | HSBC BANK USA, NATIONAL ASSOCIATION | 74 | 65 | 58 | 363 | Bank |
| 12 | TD Bank, National Association | 73 | 54 | 50 | 988 | Bank |
| 13 | Kearny Bank | 73 | 94 | 53 | 121 | Bank |
| 14 | Columbia Bank | 73 | 96 | 50 | 115 | Bank |
| 15 | Flagstar Bank, N.A. | 71 | 34 | 72 | 364 | Bank |
| 16 | UBS Bank USA | 63 | 67 | 36 | 110 | Bank |
| 17 | Webster Bank, National Association | 58 | 54 | 34 | 227 | Bank |
| 18 | Amalgamated Bank | 58 | 36 | 42 | 141 | Bank |
| 19 | Cathay Bank | 58 | 31 | 41 | 122 | Bank |
| 20 | Ridgewood Savings Bank | 57 | 65 | 30 | 123 | Bank |
| 21 | Dime Community Bank | 57 | 67 | 23 | 118 | Bank |
| 22 | The Federal Savings Bank | 53 | 18 | 58 | 326 | Bank |
| 23 | Quontic Bank | 53 | 3 | 43 | 218 | Bank |
| 24 | Metro City Bank | 49 | 1 | 57 | 267 | Bank |
| 25 | Bank of Hope | 49 | 11 | 40 | 234 | Bank |
| 26 | First Central Savings Bank | 49 | 1 | 59 | 192 | Bank |

## 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 SafeRate Score is derived using an equal, geometric weighting 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. **Product Knowledge:** Evaluates the lender's specific experience and volume originating the selected loan product.
4. **Local Place Knowledge:** Analyzes the lender's total number of loans originated in the specific geography to determine local market expertise.