Habib American Bank

New York, NY

Habib American Bank processed 78 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 75 loans with a 3.9% denial rate. Refinancing was the primary loan purpose. Based in New York, NY. The approval rate of 96.2% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Habib American Bank's 96.2% origination rate tells you how often an application turned into funded money; the 3.9% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (78 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

78
Applications
75
Originated
3.9%
Denial Rate
$1,103,462
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 78 75 3 $1,103,462

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Habib American Bank (LEI: 549300YV77ZZ5ADLO929) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Refinancing 59 56 $1,103,983
Home Purchase 19 19 $1,101,842

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Frequently Asked Questions

How many mortgage applications did Habib American Bank process?
Habib American Bank processed 78 mortgage applications in the 2024 HMDA reporting year. Of these, 75 were originated (approved and funded), and 3 were denied.
What is Habib American Bank's mortgage approval rate?
Habib American Bank has an approval (origination) rate of 96.2%, meaning 96.2% of all applications resulted in a funded mortgage. The denial rate is 3.9%.
What is the average loan amount at Habib American Bank?
The average mortgage loan amount at Habib American Bank is $1,103,462.
What types of mortgage loans does Habib American Bank offer?
Habib American Bank processes Conventional loans. The most common type is Conventional with 78 applications and an average loan amount of $1,103,462.
What loan purposes does Habib American Bank serve?
Habib American Bank serves the following loan purposes: Refinancing (59 applications), Home Purchase (19 applications). Refinancing is the most common purpose.
Where is Habib American Bank located?
Habib American Bank is headquartered in New York, NY. The lender is identified by LEI 549300YV77ZZ5ADLO929 in HMDA data.

Data Sources

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.