GOUVERNEUR SAVINGS & LOAN

GOUVERNEUR, NY

GOUVERNEUR SAVINGS & LOAN processed 120 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 87 loans with a 21.7% denial rate. Home Purchase was the primary loan purpose. Based in GOUVERNEUR, NY. The approval rate of 72.5% 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. GOUVERNEUR SAVINGS & LOAN processed 120 HMDA-reported mortgage applications in 2024, originating 87 loans and denying 26 for a denial rate of 21.7% (applicants themselves withdrew 7 files before a decision). The average loan amount was $155,583 at a 6.982% average note rate, and applicants self-reported an average income of $31,000. The lender reports under LEI 549300QYX5EMLSR68B45 from GOUVERNEUR, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. GOUVERNEUR SAVINGS & LOAN's 72.5% origination rate tells you how often an application turned into funded money; the 21.7% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Other, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (120 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.

120
Applications
87
Originated
21.7%
Denial Rate
$155,583
Avg Loan Amount
Avg Interest Rate: 6.982% Avg Applicant Income: $31,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 120 87 26 $155,583

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for GOUVERNEUR SAVINGS & LOAN (LEI: 549300QYX5EMLSR68B45) · 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
18
Other
13
Credit history
2
Employment history
1
Credit application incomplete
1
Unverifiable information
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 75 54 $184,867
Home Improvement 15 12 $77,667
Cash-out Refinancing 13 8 $171,154
Other 13 10 $68,846
Refinancing 4 3 $130,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 113 73.5% 20.4%
Joint 4 75.0% 25.0%
Black or African American 1 0.0% 100.0%

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 112 75.0% 19.6%
Joint 3 66.7% 33.3%
Hispanic or Latino 1 0.0% 100.0%

Nearby Lenders in NY

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

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did GOUVERNEUR SAVINGS & LOAN process?
GOUVERNEUR SAVINGS & LOAN processed 120 mortgage applications in the 2023 HMDA reporting year. Of these, 87 were originated (approved and funded), 7 were withdrawn by the applicant, and 26 were denied.
What is GOUVERNEUR SAVINGS & LOAN's mortgage approval rate?
GOUVERNEUR SAVINGS & LOAN has an approval (origination) rate of 72.5%, meaning 72.5% of all applications resulted in a funded mortgage. The denial rate is 21.7%.
What is the average loan amount at GOUVERNEUR SAVINGS & LOAN?
The average mortgage loan amount at GOUVERNEUR SAVINGS & LOAN is $155,583. The average interest rate is 6.982%. The average applicant income is $31,000.
What are the most common reasons for mortgage denial at GOUVERNEUR SAVINGS & LOAN?
The most common reasons for mortgage denial at GOUVERNEUR SAVINGS & LOAN are: Debt-to-income ratio, Other, Credit history. In total, 26 applications were denied out of 120 total applications.
What types of mortgage loans does GOUVERNEUR SAVINGS & LOAN offer?
GOUVERNEUR SAVINGS & LOAN processes Conventional loans. The most common type is Conventional with 120 applications and an average loan amount of $155,583.
What loan purposes does GOUVERNEUR SAVINGS & LOAN serve?
GOUVERNEUR SAVINGS & LOAN serves the following loan purposes: Home Purchase (75 applications), Home Improvement (15 applications), Cash-out Refinancing (13 applications), Other (13 applications), Refinancing (4 applications). Home Purchase is the most common purpose.
Where is GOUVERNEUR SAVINGS & LOAN located?
GOUVERNEUR SAVINGS & LOAN is headquartered in GOUVERNEUR, NY. The lender is identified by LEI 549300QYX5EMLSR68B45 in HMDA data.
How does GOUVERNEUR SAVINGS & LOAN compare in lending across racial demographics?
GOUVERNEUR SAVINGS & LOAN reports demographic lending data under HMDA requirements. White applicants have an approval rate of 73.5% and denial rate of 20.4%; Joint applicants have an approval rate of 75.0% and denial rate of 25.0%; Black or African American applicants have an approval rate of 0.0% and denial rate of 100.0%. 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.