PlainLender

GENESEE REGIONAL BANK

ROCHESTER, NY

GENESEE REGIONAL BANK processed 1,890 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,552 loans with a 4.3% denial rate. Home Purchase was the primary loan purpose. Based in ROCHESTER, NY. The approval rate of 82.1% 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. GENESEE REGIONAL BANK processed 1,890 HMDA-reported mortgage applications in 2024, originating 1,552 loans and denying 81 for a denial rate of 4.3% (applicants themselves withdrew 129 files before a decision). The average loan amount was $230,688 at a 6.963% average note rate, and applicants self-reported an average income of $37,000. The lender reports under LEI 549300VUQ4KD10YTTM53 from ROCHESTER, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. GENESEE REGIONAL BANK's 82.1% origination rate tells you how often an application turned into funded money; the 4.3% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,623 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.

1,890
Applications
1,552
Originated
4.3%
Denial Rate
$230,688
Avg Loan Amount
Avg Interest Rate: 6.963% Avg Applicant Income: $37,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,623 1,339 61 $236,300
FHA 204 160 18 $179,412
VA 56 47 2 $258,750
USDA 7 6 0 $199,286

Top loan types — GENESEE REGIONAL BANK

Top loan types — GENESEE REGIONAL BANK Horizontal bar chart of the top 4 items by value (applications). Top loan types — GENESEE REGIONAL BANK Top 4 1. Conventional 1,623 2. FHA 204 3. VA 56 4. USDA 7 Top 5 loan types by application volume at GENESEE REGIONAL BANK (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for GENESEE REGIONAL BANK (LEI: 549300VUQ4KD10YTTM53) · 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

Debt-to-income ratio
24
Credit history
20
Other
17
Employment history
8
Collateral
8
Insufficient cash
7
Unverifiable information
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 1,775 1,493 $229,597
Cash-out Refinancing 78 38 $227,179
Refinancing 37 21 $290,405

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 1,423 82.5% 3.4%
Black or African American 113 77.0% 11.5%
Asian 66 78.8% 9.1%
Joint 41 92.7% 0.0%
American Indian or Alaska Native 14 78.6% 14.3%
2 or more minority races 5 100.0% 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 1,485 82.6% 3.9%
Hispanic or Latino 134 81.3% 8.2%
Joint 37 83.8% 10.8%

Nearby Lenders in NY

Other HMDA-reporting lenders in NY with similar activity. Compare any two side-by-side.

Citibank, NA

New York, NY

54,575 apps 14,104 originated 8.6% denied

M&T BANK

BUFFALO, NY

36,377 apps 20,743 originated 30.9% denied

Loan Funder LLC

New York, NY

23,955 apps 10,690 originated 11.6% denied

BETHPAGE FEDERAL CREDIT UNION

BETHPAGE, NY

21,186 apps 9,086 originated 44.3% denied

Better Mortgage Corporation

New York, NY

18,219 apps 5,450 originated 11.3% denied
Compare GENESEE REGIONAL BANK vs Citibank, NA →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

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Frequently Asked Questions

How many mortgage applications did GENESEE REGIONAL BANK process?
GENESEE REGIONAL BANK processed 1,890 mortgage applications in the 2023 HMDA reporting year. Of these, 1,552 were originated (approved and funded), 129 were withdrawn by the applicant, and 81 were denied.
What is GENESEE REGIONAL BANK's mortgage approval rate?
GENESEE REGIONAL BANK has an approval (origination) rate of 82.1%, meaning 82.1% of all applications resulted in a funded mortgage. The denial rate is 4.3%.
What is the average loan amount at GENESEE REGIONAL BANK?
The average mortgage loan amount at GENESEE REGIONAL BANK is $230,688. The average interest rate is 6.963%. The average applicant income is $37,000.
What are the most common reasons for mortgage denial at GENESEE REGIONAL BANK?
The most common reasons for mortgage denial at GENESEE REGIONAL BANK are: Debt-to-income ratio, Credit history, Other. In total, 81 applications were denied out of 1,890 total applications.
What types of mortgage loans does GENESEE REGIONAL BANK offer?
GENESEE REGIONAL BANK processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 1,623 applications and an average loan amount of $236,300.
What loan purposes does GENESEE REGIONAL BANK serve?
GENESEE REGIONAL BANK serves the following loan purposes: Home Purchase (1,775 applications), Cash-out Refinancing (78 applications), Refinancing (37 applications). Home Purchase is the most common purpose.
Where is GENESEE REGIONAL BANK located?
GENESEE REGIONAL BANK is headquartered in ROCHESTER, NY. The lender is identified by LEI 549300VUQ4KD10YTTM53 in HMDA data.
How does GENESEE REGIONAL BANK compare in lending across racial demographics?
GENESEE REGIONAL BANK reports demographic lending data under HMDA requirements. White applicants have an approval rate of 82.5% and denial rate of 3.4%; Black or African American applicants have an approval rate of 77.0% and denial rate of 11.5%; Asian applicants have an approval rate of 78.8% and denial rate of 9.1%. This data reflects derived race categories as reported by applicants.

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.