Contour Mortgage Corporation
Garden City, NY
Contour Mortgage Corporation processed 4,450 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 2,938 loans with a 3.7% denial rate. Home Purchase was the primary loan purpose. Based in Garden City, NY. The approval rate of 66.0% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.
Portfolio scale. Contour Mortgage Corporation processed 4,450 HMDA-reported mortgage applications in 2024, originating 2,938 loans and denying 163 for a denial rate of 3.7% (applicants themselves withdrew 696 files before a decision). The average loan amount was $448,092 at a 6.723% average note rate, and applicants self-reported an average income of $41,000. The lender reports under LEI 549300LLKEKXL2RM1F61 from Garden City, NY.
Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Contour Mortgage Corporation's 66.0% origination rate tells you how often an application turned into funded money; the 3.7% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Collateral, Insufficient cash, Debt-to-income ratio, which together explain the majority of rejections. Most activity concentrated in Conventional loans (3,197 applications).
How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.
Lending Activity
| Type | Applications | Originated | Denied | Avg Loan |
|---|---|---|---|---|
| Conventional | 3,197 | 2,208 | 100 | $443,023 |
| FHA | 949 | 560 | 52 | $482,756 |
| VA | 298 | 166 | 11 | $398,154 |
| USDA | 6 | 4 | 0 | $146,667 |
Top loan types — Contour Mortgage Corporation
Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Contour Mortgage Corporation (LEI: 549300LLKEKXL2RM1F61) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.
Denial Analysis
Loan Purpose Breakdown
| Purpose | Applications | Originated | Avg Loan |
|---|---|---|---|
| Home Purchase | 3,794 | 2,629 | $456,489 |
| Cash-out Refinancing | 495 | 242 | $388,374 |
| Refinancing | 161 | 67 | $433,820 |
Geographic Coverage — Lending by Race
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 2,188 | 69.5% | 3.3% |
| Black or African American | 588 | 58.5% | 6.0% |
| Asian | 341 | 61.0% | 3.5% |
| Joint | 98 | 72.5% | 2.0% |
| Native Hawaiian or Other Pacific Islander | 4 | 75.0% | 0.0% |
| American Indian or Alaska Native | 2 | 50.0% | 0.0% |
| 2 or more minority races | 1 | 100.0% | 0.0% |
Lending by Ethnicity
Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.
| Ethnicity | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| Not Hispanic or Latino | 2,592 | 67.6% | 3.2% |
| Hispanic or Latino | 589 | 61.5% | 7.0% |
| Joint | 110 | 70.0% | 2.7% |
Nearby Lenders in NY
Other HMDA-reporting lenders in NY with similar activity. Compare any two side-by-side.
Citibank, NA
New York, NY
M&T BANK
BUFFALO, NY
Loan Funder LLC
New York, NY
BETHPAGE FEDERAL CREDIT UNION
BETHPAGE, NY
Better Mortgage Corporation
New York, NY
Mortgage Lending Guides
Frequently Asked Questions
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Data Sources
Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.
Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.
Read our methodology — how this data is sourced, computed, and verified.