Empower Federal Credit Union
Mortgage Loan Application
Totals and Details
for 2022

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 Empower Federal Credit Union.
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 Empower Federal Credit Union
1 Member Way
Syracuse, NY 13212
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 4,829
Total Mortgage Loan Application Amount $517,635,000
Average Mortgage Loan Application Amount $107,200
Highest Mortgage Loan Application Amount $10,505,000
Average Applicant Income $89,400
Highest Applicant Income $2,553,000

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.

Mortgage Loan Application Totals for Empower Federal Credit Union by Metropolitan Area in 2022

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
SYRACUSE, NY 3,854 $ 400,460,000 $ 103,000 $ 89,000
NA (OUTSIDE OF MSA/MD) 329 $ 33,255,000 $ 150,666 $ 85,000
BINGHAMTON, NY 197 $ 17,795,000 $ 90,000 $ 85,000
UTICA-ROME, NY 119 $ 11,765,000 $ 98,000 $ 77,000
BUFFALO-CHEEKTOWAGA-NIAGARA FALLS, NY 109 $ 13,765,000 $ 126,000 $ 88,000
ROCHESTER, NY 76 $ 11,230,000 $ 147,000 $ 115,000
ELMIRA, NY 41 $ 2,475,000 $ 60,000 $ 65,000
WATERTOWN-FORT DRUM, NY 23 $ 9,205,000 $ 400,000 $ 113,000
ALBANY-SCHENECTADY-TROY, NY 12 $ 1,440,000 $ 120,000 $ 82,000
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 9 $ 1,885,000 $ 209,000 $ 154,000
BRIDGEPORT-STAMFORD-NORWALK, CT 4 $ 1,240,000 $ 310,000 $ 190,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 4 $ 1,720,000 $ 430,000 $ 167,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 3 $ 835,000 $ 278,000 $ 201,000
GLENS FALLS, NY 3 $ 475,000 $ 158,000 $ 93,000
OCALA, FL 3 $ 415,000 $ 138,000 $ 45,000
CAPE CORAL-FORT MYERS, FL 2 $ 700,000 $ 350,000 $ 138,000
ITHACA, NY 2 $ 240,000 $ 120,000 $ 91,000
NASSAU COUNTY-SUFFOLK COUNTY, NY 2 $ 820,000 $ 410,000 $ 201,000
NEW YORK-NEWARK, NY 2 $ 420,000 $ 210,000 $ 109,000
ORLANDO-KISSIMMEE-SANFORD, FL 2 $ 490,000 $ 245,000 $ 117,000
PITTSBURGH, PA 2 $ 250,000 $ 125,000 $ 59,000
PUNTA GORDA, FL 2 $ 580,000 $ 290,000 $ 71,000
THE VILLAGES, FL 2 $ 850,000 $ 425,000 $ 1,309,000
WINSTON-SALEM, NC 2 $ 150,000 $ 75,000 $ 60,000
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 1 $ 245,000 $ 245,000 $ 100,000
BURLINGTON, NC 1 $ 95,000 $ 95,000 $ 57,000
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 1 $ 805,000 $ 805,000 $ 0
CHARLOTTE-CONCORD-GASTONIA, NC-SC 1 $ 405,000 $ 405,000 $ 164,000
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 1 $ 475,000 $ 475,000 $ 122,000
DES MOINES-WEST DES MOINES, IA 1 $ 15,000 $ 15,000 $ 35,000
EAST STROUDSBURG, PA 1 $ 125,000 $ 125,000 $ 65,000
FAYETTEVILLE, NC 1 $ 205,000 $ 205,000 $ 72,000
GREENSBORO-HIGH POINT, NC 1 $ 195,000 $ 195,000 $ 42,000
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT 1 $ 365,000 $ 365,000 $ 205,000
HICKORY-LENOIR-MORGANTON, NC 1 $ 155,000 $ 155,000 $ 55,000
HOMOSASSA SPRINGS, FL 1 $ 95,000 $ 95,000 $ 50,000
JACKSONVILLE, FL 1 $ 335,000 $ 335,000 $ 80,000
JOHNSTOWN, PA 1 $ 15,000 $ 15,000 $ 222,000
KINGSTON, NY 1 $ 395,000 $ 395,000 $ 154,000
LEBANON, PA 1 $ 55,000 $ 55,000 $ 99,000
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 1 $ 45,000 $ 45,000 $ 92,000
NEWARK, NJ-PA 1 $ 275,000 $ 275,000 $ 101,000
NORTH PORT-SARASOTA-BRADENTON, FL 1 $ 115,000 $ 115,000 $ 106,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 1 $ 95,000 $ 95,000 $ 87,000
PENSACOLA-FERRY PASS-BRENT, FL 1 $ 165,000 $ 165,000 $ 94,000
TALLAHASSEE, FL 1 $ 105,000 $ 105,000 $ 37,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 1 $ 95,000 $ 95,000 $ 73,000
WILMINGTON, NC 1 $ 295,000 $ 295,000 $ 121,000

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 Empower Federal Credit Union in 2022

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 Improvement 1,631 $94,985,000 $58,000 $1,335,000 $89,000 $1,560,000
Home Purchase 1,163 $201,015,000 $172,000 $2,725,000 $89,000 $2,553,000
Cash-out Refinancing 900 $117,770,000 $130,000 $10,505,000 $92,000 $725,000
Refinancing 638 $72,470,000 $113,000 $3,005,000 $89,000 $1,176,000
Other Purpose 497 $31,395,000 $63,000 $805,000 $88,000 $672,000
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 3,963 $393,195,000 $99,000 $1,005,000 $92,000 $2,553,000
Black or African American 308 $24,090,000 $78,000 $405,000 $69,000 $1,176,000
Not Provided 268 $32,190,000 $120,000 $805,000 $89,000 $287,000
Hispanic 136 $12,590,000 $92,000 $455,000 $81,000 $1,560,000
Asian 60 $8,780,000 $146,000 $365,000 $73,000 $265,000
Not applicable 50 $43,140,000 $862,000 $10,505,000 $0 $0
American Indian or Alaskan Native 34 $2,780,000 $81,000 $235,000 $66,000 $180,000
Native Hawaiian or Other Pacific Islander 1 $15,000 $15,000 $15,000 $45,000 $45,000

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) 4,829 $517,635,000 $107,000 $10,505,000 $90,000 $2,553,000
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 3,363 $394,535,000 $117,000 $10,505,000 $95,000 $2,553,000
Application Denied By Financial Institution 665 $48,615,000 $73,000 $1,005,000 $67,000 $1,560,000
Application Withdrawn By Applicant 407 $40,955,000 $100,000 $805,000 $86,000 $1,176,000
File Closed For Incompleteness 352 $27,190,000 $77,000 $605,000 $87,000 $1,222,000
Application Approved But Not Accepted 32 $3,900,000 $121,000 $255,000 $82,000 $239,000
Loan Purchased By The Institution 10 $2,440,000 $244,000 $415,000 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 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 4,164 $469,020,000 $112,000 $10,505,000 $93,000 $2,553,000
Credit History 291 $17,545,000 $60,000 $435,000 $76,000 $1,560,000
Collateral 190 $12,810,000 $67,000 $325,000 $76,000 $480,000
Debt-To-Income Ratio 144 $14,300,000 $99,000 $1,005,000 $47,000 $214,000
Unverifiable Information 16 $1,470,000 $91,000 $255,000 $14,000 $100,000
Employment History 11 $1,195,000 $108,000 $195,000 $23,000 $65,000
Other 6 $470,000 $78,000 $125,000 $81,000 $112,000
Insufficient Cash (Downpayment, Closing Cost) 5 $625,000 $125,000 $155,000 $47,000 $63,000
Credit Application Incomplete 2 $200,000 $100,000 $105,000 $34,000 $36,000
Mortgage Insurance Denied 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.

Download the New York Lender List