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Franklin 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.
Franklin County, New York, saw 570 HMDA-reported applications and 353 originations ($59m) in 2024.
That is 18.1 originations per 1,000 households, against 27.0 for New York and 48.0 nationally.
The county's denial rate was 24.3%, close to the state rate of 25.4%. The median rate spread on originated loans was 0.6 percentage points and 13.9% of originations were 1.5 points or more above the average prime offer rate.
3 lenders reached 25 applications in the county; the most active by originations were Community Bank, N.A. (132), Rocket Mortgage (39) and Nbt Bank NA (16).
Originations were down 10% on 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Community Bank, N.A. | 172 | 132 | $17m | 17.0% | — |
| 2 | Rocket Mortgage | 56 | 39 | $5.9m | 26.4% | — |
| 3 | Nbt Bank NA | 37 | 16 | $2.3m | 28.1% | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 3. 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 | 24.3% | 25.4% | 24.3% |
| Median rate spread, pp | 0.6 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 13.9% | 15.0% | 15.6% |
| Average originated loan | $167k | $446k | $329k |
| Originations per 1,000 households | 18.1 | 27.0 | 48.0 |
| Home purchase share of originations | 58.1% | 55.3% | 57.0% |
| FHA-insured share | 9.9% | 7.4% | 13.4% |
| VA-guaranteed share | 7.6% | 2.4% | 7.9% |
Rate spread distribution
Share of 332 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 58% (205)Home improvement 16% (58)Refinancing 10% (35)Cash-out refinancing 8% (30)Other purpose 7% (25)
By type
Conventional 82% (288)FHA 10% (35)VA 8% (27)USDA 1% (3)
Trend by year
ApplicationsOriginations
This countyNew York
Questions and answers
Which lenders are most active in Franklin County, NY?
By 2024 originations: Community Bank, N.A. (132), Rocket Mortgage (39), Nbt Bank NA (16). 3 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Franklin County?
24.3% of decided applications were denied in 2024, against 25.4% across New York and 24.3% nationally.
How many mortgages were originated in Franklin County in 2024?
353 loans totalling $59m, from 570 applications; 18.1 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 36033; 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.