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2024 data HMDA 2024 disclosure official source

Niagara County

5,992 mortgage applications, 17.0% denial rate. Verify FIPS 36063 with U.S. Census Bureau →

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New York · FIPS 36063

Local mortgage market. Niagara County, New York saw 5,992 HMDA-reported mortgage applications in 2024. Lenders originated 3,561 of those loans and denied 1,018, producing a denial rate of 17.0% and an approval (origination) rate of 59.4%. The average loan amount was $281,956 at an average note rate of 6.87%, with applicants self-reporting average annual income of $37K. 135 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 7.6x, meaning typical borrowers took on mortgages of about 7.6 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 36063 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

5,992
Applications
3,561
Originated
17.0%
Denial Rate
59.4%
Approval Rate
$281,956
Avg Loan Amount
6.87%
Avg Interest Rate
$37K
Avg Applicant Income
7.6x
Loan-to-Income Ratio

Nearby Lenders in Niagara 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 Cornerstone Community FCU 463 13.0%
2 M&T Bank 329 9.2%
3 Rocket Mortgage 310 8.7%
4 Premium Mortgage Corporation 296 8.3%
5 United Wholesale Mortgage 284 8.0%
Compare Cornerstone Community FCU vs M&T Bank →

Frequently Asked Questions

How many mortgage applications were filed in Niagara County?
In the 2024 HMDA reporting year, 5,992 mortgage applications were filed in Niagara County, New York. Of these, 3,561 were originated (approved and funded), while 1,018 were denied, resulting in a denial rate of 17.0%.
What is the mortgage denial rate in Niagara County?
The mortgage denial rate in Niagara County is 17.0%. The approval (origination) rate is 59.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Niagara County?
The average mortgage loan amount in Niagara County is $281,956. The average interest rate is 6.866%. The average applicant income is $37K.
What is the loan-to-income ratio in Niagara County?
The average loan-to-income ratio in Niagara County is 7.6x, meaning borrowers took on loans averaging 7.6 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Niagara County?
The top mortgage lenders in Niagara County by origination volume are Cornerstone Community FCU, M&T Bank, Rocket Mortgage. In total, 135 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.