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2024 data HMDA 2024 disclosure official source

Broome County

4,679 mortgage applications, 17.6% denial rate. Verify FIPS 36007 with U.S. Census Bureau →

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New York · FIPS 36007

Local mortgage market. Broome County, New York saw 4,679 HMDA-reported mortgage applications in 2024. Lenders originated 2,641 of those loans and denied 826, producing a denial rate of 17.6% and an approval (origination) rate of 56.4%. The average loan amount was $153,880 at an average note rate of 7.26%, with applicants self-reporting average annual income of $36K. 146 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.3x, meaning typical borrowers took on mortgages of about 4.3 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 36007 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

4,679
Applications
2,641
Originated
17.6%
Denial Rate
56.4%
Approval Rate
$153,880
Avg Loan Amount
7.26%
Avg Interest Rate
$36K
Avg Applicant Income
4.3x
Loan-to-Income Ratio

Nearby Lenders in Broome County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Visions Federal Credit Union 342 12.9%
2 Homestead Funding Corp. 334 12.6%
3 M&T Bank 241 9.1%
4 Rocket Mortgage 151 5.7%
5 Empower Federal Credit Union 142 5.4%
Compare Visions Federal Credit Union vs Homestead Funding Corp. →

Frequently Asked Questions

How many mortgage applications were filed in Broome County?
In the 2024 HMDA reporting year, 4,679 mortgage applications were filed in Broome County, New York. Of these, 2,641 were originated (approved and funded), while 826 were denied, resulting in a denial rate of 17.6%.
What is the mortgage denial rate in Broome County?
The mortgage denial rate in Broome County is 17.6%. The approval (origination) rate is 56.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Broome County?
The average mortgage loan amount in Broome County is $153,880. The average interest rate is 7.260%. The average applicant income is $36K.
What is the loan-to-income ratio in Broome County?
The average loan-to-income ratio in Broome County is 4.3x, meaning borrowers took on loans averaging 4.3 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Broome County?
The top mortgage lenders in Broome County by origination volume are Visions Federal Credit Union, Homestead Funding Corp., M&T Bank. In total, 146 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

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.