The Summit 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 The Summit 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 The Summit Federal Credit Union
100 Marina Drive
Rochester, NY 14626
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 1,844
Total Mortgage Loan Application Amount $141,910,000
Average Mortgage Loan Application Amount $98,400
Highest Mortgage Loan Application Amount $545,000
Average Applicant Income $99,600
Highest Applicant Income $3,996,000

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 The Summit Federal Credit Union by County in 2022

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Monroe County New York 938 $ 68,270,000 $ 72,000 $ 99,000
Erie County New York 284 $ 24,030,000 $ 84,000 $ 119,000
Onondaga County New York 199 $ 15,145,000 $ 76,000 $ 96,000
Wayne County New York 64 $ 3,930,000 $ 61,000 $ 103,000
Ontario County New York 59 $ 5,975,000 $ 101,000 $ 141,000
Niagara County New York 45 $ 3,235,000 $ 71,000 $ 92,000
Cortland County New York 35 $ 2,265,000 $ 64,000 $ 80,000
Livingston County New York 31 $ 3,275,000 $ 105,000 $ 109,000
Genesee County New York 23 $ 1,435,000 $ 62,000 $ 88,000
Seneca County New York 23 $ 1,535,000 $ 66,000 $ 92,000
Orleans County New York 18 $ 990,000 $ 55,000 $ 78,000
Oswego County New York 18 $ 1,440,000 $ 80,000 $ 100,000
Cayuga County New York 12 $ 1,240,000 $ 103,000 $ 107,000
Madison County New York 11 $ 945,000 $ 85,000 $ 82,000
Wyoming County New York 10 $ 580,000 $ 58,000 $ 100,000
Oneida County New York 4 $ 460,000 $ 115,000 $ 66,000
Steuben County New York 4 $ 330,000 $ 82,000 $ 65,000
Allegany County New York 3 $ 215,000 $ 71,000 $ 86,000
Cattaraugus County New York 3 $ 485,000 $ 161,000 $ 104,000
Yates County New York 3 $ 215,000 $ 71,000 $ 80,000
Broome County New York 1 $ 105,000 $ 105,000 $ 75,000
Chautauqua County New York 1 $ 55,000 $ 55,000 $ 43,000
Chemung County New York 1 $ 5,000 $ 5,000 $ 61,000
Clinton County New York 1 $ 15,000 $ 15,000 $ 80,000
Columbia County New York 1 $ 55,000 $ 55,000 $ 34,000
Fulton County New York 1 $ 45,000 $ 45,000 $ 84,000
Jefferson County New York 1 $ 105,000 $ 105,000 $ 87,000
Lewis County New York 1 $ 45,000 $ 45,000 $ 59,000
Orange County New York 1 $ 55,000 $ 55,000 $ 102,000
Schuyler County New York 1 $ 115,000 $ 115,000 $ 117,000
Tioga County New York 1 $ 35,000 $ 35,000 $ 64,000
Iron County Wisconsin 1 $ 15,000 $ 15,000 $ 70,000

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 The Summit 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 698 $38,250,000 $54,000 $325,000 $107,000 $3,996,000
Other Purpose 484 $29,340,000 $60,000 $505,000 $95,000 $961,000
Refinancing 375 $32,665,000 $87,000 $545,000 $103,000 $1,032,000
Home Purchase 225 $32,505,000 $144,000 $505,000 $90,000 $513,000
Cash-out Refinancing 62 $9,150,000 $147,000 $315,000 $103,000 $756,000
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 1,431 $112,245,000 $78,000 $545,000 $106,000 $3,996,000
Not Provided 156 $12,330,000 $79,000 $475,000 $103,000 $961,000
Black or African American 139 $9,275,000 $66,000 $325,000 $66,000 $300,000
Hispanic 86 $4,810,000 $55,000 $185,000 $69,000 $191,000
Asian 19 $1,765,000 $92,000 $255,000 $105,000 $300,000
American Indian or Alaskan Native 4 $430,000 $107,000 $215,000 $85,000 $206,000
Not applicable 4 $390,000 $97,000 $165,000 $64,000 $81,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0

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) 1,844 $141,910,000 $76,000 $545,000 $101,000 $3,996,000
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 1,043 $86,845,000 $83,000 $505,000 $110,000 $961,000
Application Denied By Financial Institution 459 $27,205,000 $59,000 $325,000 $73,000 $756,000
Application Withdrawn By Applicant 314 $24,030,000 $76,000 $545,000 $116,000 $3,996,000
Application Approved But Not Accepted 19 $2,735,000 $143,000 $315,000 $78,000 $208,000
Preapproval Denied by Financial Institution 9 $1,095,000 $121,000 $175,000 $51,000 $88,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 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 1,376 $113,610,000 $82,000 $545,000 $111,000 $3,996,000
Debt-To-Income Ratio 178 $10,780,000 $60,000 $305,000 $51,000 $206,000
Other 156 $8,190,000 $52,000 $325,000 $81,000 $264,000
Credit History 95 $6,365,000 $67,000 $235,000 $91,000 $756,000
Collateral 35 $2,585,000 $73,000 $305,000 $89,000 $319,000
Insufficient Cash (Downpayment, Closing Cost) 2 $170,000 $85,000 $125,000 $29,000 $37,000
Unverifiable Information 1 $125,000 $125,000 $125,000 $93,000 $93,000
Employment History 1 $85,000 $85,000 $85,000 $42,000 $42,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
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