Rochester
Metropolitan Statistical Area · MSA Code 40380
According to CFPB HMDA 2024 application volume among tracked metros, Rochester ranks #83 of 418.
Mortgage lending activity in the Rochester metro area based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this geography during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Metro-area mortgage activity. The Rochester Metropolitan Statistical Area (MSA code 40380) recorded 33,770 HMDA-reported mortgage applications in 2024. Lenders originated 20,650 of those and denied others at a rate of 15.0%, for an approval (origination) rate of 61.1%. The average loan amount across the MSA was $191,494 at an average note rate of 6.93%. 20 major lenders are tracked for this metro - ESL Federal Credit Union, Premium Mortgage Corporation, Genesee Regional Bank lead by origination volume. Among the 418 metros tracked, Rochester ranks #125 by denial rate (the 70th percentile for approval-friendliness), and shares its 5-point denial-rate band with 117 other tracked metros.
What MSA numbers tell you, and what they don't. Metro area boundaries are defined by the U.S. Office of Management and Budget and typically span multiple counties, so a single Rochester denial rate averages across urban core, inner suburbs, and outer commuter communities with very different borrower profiles. A 15.0% denial rate at the MSA level can coexist with widely varying individual-lender denial rates; $191,494 average loan size reflects the MSA's property values and the borrower pool that actually applied, not any single neighborhood. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Rochester
In Rochester, lead originator ESL Federal Credit Union funded 25.5% of 20,650 originated loans, above the fleet's upper tercile (~12.8% top-1). The top three reporters together hold 42.8% of the book, so a handful of names dominate disclosed volume here.
Metros With a Similar Denial Rate
The metro areas closest to Rochester's 15.0% denial rate among all 418 tracked MSAs.
Metros With Similar Application Volume
Nationwide MSAs nearest to Rochester's 33,770 HMDA applications (deduped against the denial-rate neighbourhood).
Metros With a Similar Average Loan
Nationwide MSAs nearest to Rochester's $191,494 average loan (deduped against denial and volume peers).
Lenders active in the Rochester metro
ESL Federal Credit Union funded 5,276 of the 20,650 loans originated here, 25.5% of the metro. 20 reporting lenders follow.
| # | Lender | Originated | Applications | Avg Loan | Market Share |
|---|---|---|---|---|---|
| 1 | ESL Federal Credit Union | 5,276 | 7,375 | $106,737 | 25.5% |
| 2 | Premium Mortgage Corporation | 2,423 | 2,647 | $237,248 | 11.7% |
| 3 | Genesee Regional Bank | 1,142 | 1,339 | $235,926 | 5.5% |
| 4 | Hometown Funding, INC. D/B/A CNB Mortgage Company | 890 | 997 | $253,626 | 4.3% |
| 5 | Rocket Mortgage | 857 | 1,157 | $171,638 | 4.2% |
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. Metropolitan Statistical Areas defined by the U.S. Office of Management and Budget (OMB).
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only; does not constitute financial advice for Rochester borrowers.
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 Rochester 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. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.