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2024 data HMDA 2024 disclosure official source

Schoharie County

912 mortgage applications, 18.6% denial rate. Verify FIPS 36095 with U.S. Census Bureau →

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New York · FIPS 36095

Local mortgage market. Schoharie County, New York saw 912 HMDA-reported mortgage applications in 2024. Lenders originated 505 of those loans and denied 170, producing a denial rate of 18.6% and an approval (origination) rate of 55.4%. The average loan amount was $166,776 at an average note rate of 6.84%, with applicants self-reporting average annual income of $37K. 76 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.5x, meaning typical borrowers took on mortgages of about 4.5 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 36095 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

912
Applications
505
Originated
18.6%
Denial Rate
55.4%
Approval Rate
$166,776
Avg Loan Amount
6.84%
Avg Interest Rate
$37K
Avg Applicant Income
4.5x
Loan-to-Income Ratio

Nearby Lenders in Schoharie 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 Homestead Funding Corp. 64 12.7%
2 First New York Federal Credit Union 47 9.3%
3 Rocket Mortgage 46 9.1%
4 Bank of Richmondville 44 8.7%
5 Broadview Federal Credit Union 41 8.1%
Compare Homestead Funding Corp. vs First New York Federal Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Schoharie County?
In the 2024 HMDA reporting year, 912 mortgage applications were filed in Schoharie County, New York. Of these, 505 were originated (approved and funded), while 170 were denied, resulting in a denial rate of 18.6%.
What is the mortgage denial rate in Schoharie County?
The mortgage denial rate in Schoharie County is 18.6%. The approval (origination) rate is 55.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Schoharie County?
The average mortgage loan amount in Schoharie County is $166,776. The average interest rate is 6.838%. The average applicant income is $37K.
What is the loan-to-income ratio in Schoharie County?
The average loan-to-income ratio in Schoharie County is 4.5x, meaning borrowers took on loans averaging 4.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Schoharie County?
The top mortgage lenders in Schoharie County by origination volume are Homestead Funding Corp., First New York Federal Credit Union, Rocket Mortgage. In total, 76 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.