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In New York City over the past year, the top residential lender, by median mortgage size, had one of the lowest total deal volumes of the city’s top lenders.
Finance of America Reverse had the largest median deal size of the city’s most active home mortgage providers, of about $1.4 million. But the company, which is headquartered in Tulsa, Oklahoma, only had 87 deals last year, bringing its total deal volume to roughly $162 million, 20th in the Big Apple.
The Real Deal analyzed city finance filings for original residential mortgages filed between Aug. 1, 2024, and Aug. 1, 2025. The deals cover single-family homes, condos, co-ops and small multifamily properties such as two- and three-family homes.
The top 22 lenders, by deal size, issued $8.2 billion worth of residential mortgages over the past year across 12,322 deals. The median deal size for this cohort was about $594,000.
Finance of America Reverse had a lower deal volume total last year, of $86.5 million. It also had a smaller median figure, of $1.3 million.
By contrast, this year JPMorgan Chase Bank placed first among the city’s residential lenders, with a deal volume of about $1.6 billion over the past year. It also had the third-highest number of deals — 1,545. Last year, the bank also ranked first by deal volume, with more than $1.3 billion in doled out loans across 1,415 deals.
However, the bank’s median residential loan value this year came in at just under $570,000, ranking the New York-based firm 11th on this metric among the top lenders.
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The largest residential loan recorded last year, among all of the city’s residential lenders, was in the Bronx. Emporium TPO, Frisco, Texas-based lender, provided a $108.3 million mortgage for a three-family property at 366 East 173rd Street in Concourse.
A TRD analysis of both residential and commercial lenders found that the top 20 lenders, of which JPMorgan Chase also led, provided some $23 billion worth of loans over the past year. That was a 60 percent year-over-year increase, attributed to stabilized property markets and new state tax incentives.