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Seneca Savings

Baldwinsville, NY

Seneca Savings processed 89 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 65 loans with a 10.1% denial rate. Home Purchase was the primary loan purpose. Based in Baldwinsville, NY. The approval rate of 73.0% reflects originated loans as a share of all applications.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Seneca Savings's 73.0% origination rate tells you how often an application turned into funded money; the 10.1% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (89 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.

89
Applications
65
Originated
10.1%
Denial Rate
$180,281
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 89 65 9 $180,281

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Seneca Savings (LEI: 5493002R2CJ2LF78PR19) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 52 37 $213,077
Cash-out Refinancing 32 23 $136,875
Refinancing 5 5 $117,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 58 79.3% 13.8%
Asian * 5 80.0% 20.0%
American Indian or Alaska Native * 1 100.0% 0.0%
Black or African American * 1 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

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 62 80.7% 12.9%
Hispanic or Latino * 2 50.0% 50.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

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 Seneca Savings vs Citibank, NA →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Seneca Savings process?
Seneca Savings processed 89 mortgage applications in the 2024 HMDA reporting year. Of these, 65 were originated (approved and funded), 3 were withdrawn by the applicant, and 9 were denied.
What is Seneca Savings's mortgage approval rate?
Seneca Savings has an approval (origination) rate of 73.0%, meaning 73.0% of all applications resulted in a funded mortgage. The denial rate is 10.1%.
What is the average loan amount at Seneca Savings?
The average mortgage loan amount at Seneca Savings is $180,281.
What types of mortgage loans does Seneca Savings offer?
Seneca Savings processes Conventional loans. The most common type is Conventional with 89 applications and an average loan amount of $180,281.
What loan purposes does Seneca Savings serve?
Seneca Savings serves the following loan purposes: Home Purchase (52 applications), Cash-out Refinancing (32 applications), Refinancing (5 applications). Home Purchase is the most common purpose.
Where is Seneca Savings located?
Seneca Savings is headquartered in Baldwinsville, NY. The lender is identified by LEI 5493002R2CJ2LF78PR19 in HMDA data.
How does Seneca Savings compare in lending across racial demographics?
Seneca Savings reports demographic lending data under HMDA requirements. White applicants have an approval rate of 79.3% and denial rate of 13.8%; Asian applicants have an approval rate of 80.0% and denial rate of 20.0%; American Indian or Alaska Native applicants have an approval rate of 100.0% and denial rate of 0.0%. 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.

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.