Watertown-Fort Drum
Metropolitan Statistical Area · MSA Code 48060
According to CFPB HMDA 2024 application volume among tracked metros, Watertown-Fort Drum ranks #395 of 418.
Mortgage lending activity in the Watertown-Fort Drum 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 Watertown-Fort Drum Metropolitan Statistical Area (MSA code 48060) financed its book at an average note rate of 6.75%. 20 major lenders are tracked for this metro - Northern Credit Union, Movement Mortgage, LLC, Community Bank, N.A. lead by origination volume. Among the 418 metros tracked, Watertown-Fort Drum sits in the 55th percentile for approval-friendliness by denial rate, and shares its 5-point denial-rate band with 241 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 Watertown-Fort Drum denial rate averages across urban core, inner suburbs, and outer commuter communities with very different borrower profiles. A 16.3% denial rate at the MSA level can coexist with widely varying individual-lender denial rates; $199,246 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 Watertown-Fort Drum
In Watertown-Fort Drum, lead originator Northern Credit Union funded 15.7% of 1,793 originated loans, above the fleet's upper tercile (~12.8% top-1). The top three reporters together hold 38.7% of the book, so a handful of names dominate disclosed volume here.
Metros With a Similar Denial Rate
The metro areas closest to Watertown-Fort Drum's 16.3% denial rate among all 418 tracked MSAs.
Metros With Similar Application Volume
Nationwide MSAs nearest to Watertown-Fort Drum's 3,036 HMDA applications (deduped against the denial-rate neighbourhood).
Metros With a Similar Average Loan
Nationwide MSAs nearest to Watertown-Fort Drum's $199,246 average loan (deduped against denial and volume peers).
Lenders active in the Watertown-Fort Drum metro
Northern Credit Union funded 282 of the 1,793 loans originated here, 15.7% of the metro. 20 reporting lenders follow.
| # | Lender | Originated | Applications | Avg Loan | Market Share |
|---|---|---|---|---|---|
| 1 | Northern Credit Union | 282 | 386 | $82,850 | 15.7% |
| 2 | Movement Mortgage, LLC | 237 | 314 | $220,510 | 13.2% |
| 3 | Community Bank, N.A. | 174 | 246 | $131,504 | 9.7% |
| 4 | Americu Credit Union | 156 | 268 | $134,366 | 8.7% |
| 5 | Watertown Savings Bank | 151 | 178 | $194,213 | 8.4% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For the Watertown-Fort Drum metropolitan area, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- Metropolitan Statistical Areas are defined by the U.S. Office of Management and Budget (OMB). Not financial advice for Watertown-Fort Drum borrowers. 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.