Chemung Canal Trust Company
Mortgage Loan Application
Totals and Details
for 2021
Find mortgage loan statistics, lending data, and loan application totals for New York.
The mortgage statistics and data below are specific to mortgage loan applications for Chemung Canal Trust Company.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.
| Mortgage Company & Address | Chemung Canal Trust Company 1 Chemung Canal Plaza Elmira, NY 14901 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2022 2021 |
| Total Number of Mortgage Applications | 940 |
| Total Mortgage Loan Application Amount | $238,270,000 |
| Average Mortgage Loan Application Amount | $220,000 |
| Highest Mortgage Loan Application Amount | $27,155,000 |
| Average Applicant Income | $134,800 |
| Highest Applicant Income | $5,561,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in NY, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Chemung County New York | 170 | $ 20,250,000 | $ 119,000 | $ 94,000 |
| Saratoga County New York | 88 | $ 53,800,000 | $ 611,000 | $ 316,000 |
| Albany County New York | 78 | $ 27,320,000 | $ 350,000 | $ 188,000 |
| Tompkins County New York | 63 | $ 18,735,000 | $ 297,000 | $ 132,000 |
| Schuyler County New York | 59 | $ 9,455,000 | $ 160,000 | $ 92,000 |
| Bradford County Pennsylvania | 58 | $ 7,900,000 | $ 136,000 | $ 81,000 |
| Cayuga County New York | 55 | $ 6,685,000 | $ 121,000 | $ 110,000 |
| Tioga County New York | 55 | $ 6,185,000 | $ 112,000 | $ 83,000 |
| Steuben County New York | 50 | $ 6,170,000 | $ 123,000 | $ 126,000 |
| Broome County New York | 46 | $ 5,730,000 | $ 124,000 | $ 128,000 |
| Schenectady County New York | 28 | $ 19,890,000 | $ 710,000 | $ 119,000 |
| Rensselaer County New York | 21 | $ 4,925,000 | $ 234,000 | $ 232,000 |
| Cortland County New York | 15 | $ 2,245,000 | $ 149,000 | $ 202,000 |
| Onondaga County New York | 15 | $ 2,615,000 | $ 174,000 | $ 137,000 |
| Erie County New York | 14 | $ 3,460,000 | $ 247,000 | $ 185,000 |
| Warren County New York | 14 | $ 4,670,000 | $ 333,000 | $ 186,000 |
| Washington County New York | 7 | $ 1,615,000 | $ 230,000 | $ 128,000 |
| Tioga County Pennsylvania | 7 | $ 1,175,000 | $ 167,000 | $ 65,000 |
| Columbia County New York | 6 | $ 1,030,000 | $ 171,000 | $ 165,000 |
| Fulton County New York | 6 | $ 1,170,000 | $ 195,000 | $ 87,000 |
| Susquehanna County Pennsylvania | 6 | $ 830,000 | $ 138,000 | $ 105,000 |
| Schoharie County New York | 5 | $ 755,000 | $ 151,000 | $ 78,000 |
| Yates County New York | 5 | $ 3,205,000 | $ 641,000 | $ 445,000 |
| Essex County New York | 4 | $ 1,120,000 | $ 280,000 | $ 185,000 |
| Greene County New York | 4 | $ 1,260,000 | $ 315,000 | $ 138,000 |
| Seneca County New York | 4 | $ 450,000 | $ 112,000 | $ 105,000 |
| Allegany County New York | 3 | $ 155,000 | $ 51,000 | $ 64,000 |
| Chenango County New York | 3 | $ 635,000 | $ 211,000 | $ 110,000 |
| Monroe County New York | 3 | $ 485,000 | $ 161,000 | $ 131,000 |
| Palm Beach County Florida | 2 | $ 1,600,000 | $ 800,000 | $ 240,000 |
| Hampden County Massachusetts | 2 | $ 310,000 | $ 155,000 | $ 39,000 |
| Dutchess County New York | 2 | $ 2,270,000 | $ 1,135,000 | $ 102,000 |
| Ontario County New York | 2 | $ 3,750,000 | $ 1,875,000 | $ 2,829,000 |
| Wayne County New York | 2 | $ 140,000 | $ 70,000 | $ 52,000 |
| Wake County North Carolina | 2 | $ 470,000 | $ 235,000 | $ 1,001,000 |
| Erie County Pennsylvania | 2 | $ 4,210,000 | $ 2,105,000 | $ 66,000 |
| Orange County California | 1 | $ 1,515,000 | $ 1,515,000 | $ 2,927,000 |
| Custer County Colorado | 1 | $ 385,000 | $ 385,000 | $ 232,000 |
| New London County Connecticut | 1 | $ 315,000 | $ 315,000 | $ 98,000 |
| Brevard County Florida | 1 | $ 165,000 | $ 165,000 | $ 93,000 |
| Broward County Florida | 1 | $ 255,000 | $ 255,000 | $ 1,262,000 |
| Duval County Florida | 1 | $ 195,000 | $ 195,000 | $ 106,000 |
| Lake County Florida | 1 | $ 165,000 | $ 165,000 | $ 64,000 |
| Manatee County Florida | 1 | $ 475,000 | $ 475,000 | $ 135,000 |
| Miami-Dade County Florida | 1 | $ 295,000 | $ 295,000 | $ 590,000 |
| Monroe County Florida | 1 | $ 335,000 | $ 335,000 | $ 117,000 |
| Orange County Florida | 1 | $ 135,000 | $ 135,000 | $ 10,000 |
| Osceola County Florida | 1 | $ 165,000 | $ 165,000 | $ 225,000 |
| Pinellas County Florida | 1 | $ 585,000 | $ 585,000 | $ 218,000 |
| Sarasota County Florida | 1 | $ 345,000 | $ 345,000 | $ 312,000 |
| Volusia County Florida | 1 | $ 265,000 | $ 265,000 | $ 309,000 |
| Chatham County Georgia | 1 | $ 425,000 | $ 425,000 | $ 314,000 |
| Harford County Maryland | 1 | $ 305,000 | $ 305,000 | $ 202,000 |
| Barnstable County Massachusetts | 1 | $ 145,000 | $ 145,000 | $ 395,000 |
| Nantucket County Massachusetts | 1 | $ 955,000 | $ 955,000 | $ 392,000 |
| Rockingham County New Hampshire | 1 | $ 755,000 | $ 755,000 | $ 415,000 |
| Cattaraugus County New York | 1 | $ 125,000 | $ 125,000 | $ 174,000 |
| Lewis County New York | 1 | $ 95,000 | $ 95,000 | $ 64,000 |
| Madison County New York | 1 | $ 105,000 | $ 105,000 | $ 100,000 |
| Montgomery County New York | 1 | $ 245,000 | $ 245,000 | $ 82,000 |
| Oswego County New York | 1 | $ 215,000 | $ 215,000 | $ 113,000 |
| Otsego County New York | 1 | $ 335,000 | $ 335,000 | $ 140,000 |
| Suffolk County New York | 1 | $ 425,000 | $ 425,000 | $ 279,000 |
| Sullivan County New York | 1 | $ 545,000 | $ 545,000 | $ 220,000 |
| Lebanon County Pennsylvania | 1 | $ 185,000 | $ 185,000 | $ 47,000 |
| Lycoming County Pennsylvania | 1 | $ 35,000 | $ 35,000 | $ 29,000 |
| Montgomery County Pennsylvania | 1 | $ 295,000 | $ 295,000 | $ 156,000 |
| Potter County Pennsylvania | 1 | $ 195,000 | $ 195,000 | $ 112,000 |
| Berkeley County South Carolina | 1 | $ 365,000 | $ 365,000 | $ 1,599,000 |
| Horry County South Carolina | 1 | $ 255,000 | $ 255,000 | $ 148,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of New York,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Chemung Canal Trust Company in 2021
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Home Purchase | 366 | $86,520,000 | $236,000 | $4,005,000 | $173,000 | $4,879,000 |
| Cash-out Refinancing | 306 | $58,920,000 | $192,000 | $3,505,000 | $164,000 | $5,561,000 |
| Refinancing | 154 | $86,090,000 | $559,000 | $27,155,000 | $137,000 | $1,355,000 |
| Other Purpose | 97 | $5,835,000 | $60,000 | $405,000 | $109,000 | $1,086,000 |
| Home Improvement | 17 | $905,000 | $53,000 | $285,000 | $91,000 | $194,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 719 | $127,785,000 | $177,000 | $3,505,000 | $154,000 | $5,561,000 |
| Not Provided | 126 | $25,270,000 | $200,000 | $1,515,000 | $161,000 | $2,927,000 |
| Not applicable | 33 | $73,895,000 | $2,239,000 | $27,155,000 | $0 | $0 |
| Asian | 31 | $6,685,000 | $215,000 | $495,000 | $257,000 | $1,086,000 |
| Hispanic | 17 | $2,675,000 | $157,000 | $555,000 | $97,000 | $294,000 |
| Black or African American | 11 | $1,585,000 | $144,000 | $555,000 | $85,000 | $147,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $25,000 | $25,000 | $25,000 | $21,000 | $21,000 |
| American Indian or Alaskan Native | 1 | $185,000 | $185,000 | $185,000 | $60,000 | $60,000 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 940 | $238,270,000 | $253,000 | $27,155,000 | $156,000 | $5,561,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 660 | $189,450,000 | $287,000 | $27,155,000 | $176,000 | $5,561,000 |
| Application Denied By Financial Institution | 131 | $19,315,000 | $147,000 | $1,765,000 | $69,000 | $332,000 |
| Application Approved But Not Accepted | 103 | $19,805,000 | $192,000 | $755,000 | $121,000 | $515,000 |
| Application Withdrawn By Applicant | 44 | $9,510,000 | $216,000 | $1,515,000 | $209,000 | $2,927,000 |
| Loan Purchased By The Institution | 2 | $190,000 | $95,000 | $125,000 | $351,000 | $351,000 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Not applicable | 809 | $218,955,000 | $270,000 | $27,155,000 | $170,000 | $5,561,000 |
| Debt-To-Income Ratio | 63 | $9,385,000 | $148,000 | $555,000 | $59,000 | $168,000 |
| Credit History | 35 | $5,875,000 | $167,000 | $1,765,000 | $81,000 | $332,000 |
| Other | 18 | $2,780,000 | $154,000 | $345,000 | $80,000 | $240,000 |
| Collateral | 10 | $500,000 | $50,000 | $175,000 | $62,000 | $119,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $360,000 | $180,000 | $265,000 | $101,000 | $126,000 |
| Mortgage Insurance Denied | 1 | $165,000 | $165,000 | $165,000 | $97,000 | $97,000 |
| Credit Application Incomplete | 1 | $85,000 | $85,000 | $85,000 | $71,000 | $71,000 |
| Employment History | 1 | $165,000 | $165,000 | $165,000 | $42,000 | $42,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in NY, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in New York, and search similar information at your convenience.