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Wallkill Valley Federal Savings & Loan Association

Wallkill, NY

Wallkill Valley Federal Savings & Loan Association processed 123 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 94 loans with a 4.9% denial rate. Home Purchase was the primary loan purpose. Based in Wallkill, NY. The approval rate of 76.4% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Wallkill Valley Federal Savings & Loan Association's 76.4% origination rate tells you how often an application turned into funded money; the 4.9% 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 (123 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.

123
Applications
94
Originated
4.9%
Denial Rate
$353,211
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 123 94 6 $353,211

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Wallkill Valley Federal Savings & Loan Association (LEI: 549300BDZCCADL2HG292) · 2024 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 Approval rates exclude withdrawn / incomplete applications.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
3
Credit history
2
Other
1
Collateral
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 92 73 $399,891
Home Improvement 11 7 $60,455
Cash-out Refinancing 9 9 $300,556
Refinancing 6 2 $303,333
Other 5 3 $293,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 89 85.4% 4.5%
Asian * 2 50.0% 0.0%
American Indian or Alaska Native * 1 100.0% 0.0%
Black or African American * 1 0.0% 0.0%
Joint * 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 79 82.3% 3.8%
Hispanic or Latino * 7 71.4% 14.3%
Joint * 3 100.0% 0.0%

* 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 Wallkill Valley Federal Savings & Loan Association vs Citibank, NA →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Wallkill Valley Federal Savings & Loan Association process?
Wallkill Valley Federal Savings & Loan Association processed 123 mortgage applications in the 2024 HMDA reporting year. Of these, 94 were originated (approved and funded), 9 were withdrawn by the applicant, and 6 were denied.
What is Wallkill Valley Federal Savings & Loan Association's mortgage approval rate?
Wallkill Valley Federal Savings & Loan Association has an approval (origination) rate of 76.4%, meaning 76.4% of all applications resulted in a funded mortgage. The denial rate is 4.9%.
What is the average loan amount at Wallkill Valley Federal Savings & Loan Association?
The average mortgage loan amount at Wallkill Valley Federal Savings & Loan Association is $353,211.
What are the most common reasons for mortgage denial at Wallkill Valley Federal Savings & Loan Association?
The most common reasons for mortgage denial at Wallkill Valley Federal Savings & Loan Association are: Debt-to-income ratio, Credit history, Other. In total, 6 applications were denied out of 123 total applications.
What types of mortgage loans does Wallkill Valley Federal Savings & Loan Association offer?
Wallkill Valley Federal Savings & Loan Association processes Conventional loans. The most common type is Conventional with 123 applications and an average loan amount of $353,211.
What loan purposes does Wallkill Valley Federal Savings & Loan Association serve?
Wallkill Valley Federal Savings & Loan Association serves the following loan purposes: Home Purchase (92 applications), Home Improvement (11 applications), Cash-out Refinancing (9 applications), Refinancing (6 applications), Other (5 applications). Home Purchase is the most common purpose.
Where is Wallkill Valley Federal Savings & Loan Association located?
Wallkill Valley Federal Savings & Loan Association is headquartered in Wallkill, NY. The lender is identified by LEI 549300BDZCCADL2HG292 in HMDA data.
How does Wallkill Valley Federal Savings & Loan Association compare in lending across racial demographics?
Wallkill Valley Federal Savings & Loan Association reports demographic lending data under HMDA requirements. White applicants have an approval rate of 85.4% and denial rate of 4.5%; Asian applicants have an approval rate of 50.0% and denial rate of 0.0%; 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.