PlainLender
2024 data HMDA 2024 disclosure official source

Rensselaer County

4,988 mortgage applications, 16.0% denial rate. Verify FIPS 36083 with U.S. Census Bureau →

PlainLender home → About this data

New York · FIPS 36083

Local mortgage market. Rensselaer County, New York saw 4,988 HMDA-reported mortgage applications in 2024. Lenders originated 2,906 of those loans and denied 800, producing a denial rate of 16.0% and an approval (origination) rate of 58.3%. The average loan amount was $214,673 at an average note rate of 7.04%, with applicants self-reporting average annual income of $37K. 151 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.8x, meaning typical borrowers took on mortgages of about 5.8 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 36083 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

4,988
Applications
2,906
Originated
16.0%
Denial Rate
58.3%
Approval Rate
$214,673
Avg Loan Amount
7.04%
Avg Interest Rate
$37K
Avg Applicant Income
5.8x
Loan-to-Income Ratio

Nearby Lenders in Rensselaer 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 Broadview Federal Credit Union 645 22.2%
2 Sefcu Services LLC 393 13.5%
3 Homestead Funding Corp. 281 9.7%
4 Rocket Mortgage 134 4.6%
5 Trustco Bank 116 4.0%
Compare Broadview Federal Credit Union vs Sefcu Services LLC →

Frequently Asked Questions

How many mortgage applications were filed in Rensselaer County?
In the 2024 HMDA reporting year, 4,988 mortgage applications were filed in Rensselaer County, New York. Of these, 2,906 were originated (approved and funded), while 800 were denied, resulting in a denial rate of 16.0%.
What is the mortgage denial rate in Rensselaer County?
The mortgage denial rate in Rensselaer County is 16.0%. The approval (origination) rate is 58.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Rensselaer County?
The average mortgage loan amount in Rensselaer County is $214,673. The average interest rate is 7.045%. The average applicant income is $37K.
What is the loan-to-income ratio in Rensselaer County?
The average loan-to-income ratio in Rensselaer County is 5.8x, meaning borrowers took on loans averaging 5.8 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Rensselaer County?
The top mortgage lenders in Rensselaer County by origination volume are Broadview Federal Credit Union, Sefcu Services LLC, Homestead Funding Corp.. In total, 151 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.