States › New York › Cortland County
Cortland County, New York
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Cortland County, New York, saw 959 HMDA-reported applications and 615 originations ($100m) in 2024.
That is 32.4 originations per 1,000 households, against 27.0 for New York and 48.0 nationally.
The county's denial rate was 24.7%, close to the state rate of 25.4%. The median rate spread on originated loans was 0.2 percentage points and 10.5% of originations were 1.5 points or more above the average prime offer rate.
10 lenders reached 25 applications in the county; the most active by originations were Cfcu Community Credit Union (85), Tompkins Community Bank (60) and Nbt Bank NA (57).
Originations were about level with 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Cfcu Community Credit Union | 103 | 85 | $16m | 11.1% | — |
| 2 | Tompkins Community Bank | 80 | 60 | $8.9m | 22.8% | — |
| 3 | Nbt Bank NA | 90 | 57 | $6.5m | 31.0% | — |
| 4 | Rocket Mortgage | 68 | 52 | $8.3m | 18.8% | — |
| 5 | Everett Financial, Inc. | 49 | 43 | $7.5m | 4.4% | — |
| 6 | First National Bank of Dryden | 44 | 35 | $6.1m | 4.7% | — |
| 7 | M&T Bank | 43 | 31 | $4.5m | 24.4% | — |
| 8 | Americu Credit Union | 38 | 21 | $2.4m | 41.7% | — |
| 9 | Keybank National Association | 30 | 19 | $3.4m | 28.6% | — |
| 10 | The Summit Federal Credit Union | 33 | 16 | $1.0m | 37.9% | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 10. Denial rate is denials over decided applications in this county.
Compared with New York and the nation
| Measure | This county | New York | United States |
|---|---|---|---|
| Denial rate | 24.7% | 25.4% | 24.3% |
| Median rate spread, pp | 0.2 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 10.5% | 15.0% | 15.6% |
| Average originated loan | $162k | $446k | $329k |
| Originations per 1,000 households | 32.4 | 27.0 | 48.0 |
| Home purchase share of originations | 56.3% | 55.3% | 57.0% |
| FHA-insured share | 8.8% | 7.4% | 13.4% |
| VA-guaranteed share | 2.9% | 2.4% | 7.9% |
Rate spread distribution
Share of 493 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: New York). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 56% (346)Home improvement 13% (83)Refinancing 10% (61)Cash-out refinancing 8% (52)Other purpose 12% (73)
By type
Conventional 88% (542)FHA 9% (54)VA 3% (18)USDA 0% (1)
Trend by year
ApplicationsOriginations
This countyNew York
Questions and answers
Which lenders are most active in Cortland County, NY?
By 2024 originations: Cfcu Community Credit Union (85), Tompkins Community Bank (60), Nbt Bank NA (57), Rocket Mortgage (52), Everett Financial, Inc. (43). 10 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Cortland County?
24.7% of decided applications were denied in 2024, against 25.4% across New York and 24.3% nationally.
How many mortgages were originated in Cortland County in 2024?
615 loans totalling $100m, from 959 applications; 32.4 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 36023; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.