States › New York › Putnam County
Putnam 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.
Putnam County, New York, saw 2,727 HMDA-reported applications and 1,582 originations ($518m) in 2024.
That is 44.5 originations per 1,000 households, against 27.0 for New York and 48.0 nationally.
The county's denial rate was 25.4%, close to the state rate of 25.4%. The median rate spread on originated loans was 0.3 percentage points and 18.4% of originations were 1.5 points or more above the average prime offer rate.
25 lenders reached 25 applications in the county; the most active by originations were Hudson Valley Credit Union (243), Rocket Mortgage (160) and United Wholesale Mortgage (103).
Originations were up 7% on 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Hudson Valley Credit Union | 424 | 243 | $34m | 22.7% | — |
| 2 | Rocket Mortgage | 221 | 160 | $47m | 17.4% | — |
| 3 | United Wholesale Mortgage | 135 | 103 | $42m | 11.7% | — |
| 4 | M&T Bank | 103 | 63 | $15m | 35.0% | — |
| 5 | Crosscountry Mortgage, LLC | 75 | 60 | $25m | 3.1% | — |
| 6 | CBNA Year to Date | 94 | 48 | $13m | 37.6% | — |
| 7 | JPMorgan Chase Bank, NA | 75 | 47 | $18m | 18.6% | — |
| 8 | Tompkins Community Bank | 64 | 47 | $11m | 25.4% | — |
| 9 | TD Bank | 76 | 39 | $7.3m | 44.3% | — |
| 10 | Loandepot.com, LLC | 44 | 33 | $12m | 15.4% | — |
| 11 | Bank of America NA | 72 | 28 | $4.6m | 46.3% | — |
| 12 | Pcsb Bank | 55 | 28 | $5.3m | 38.3% | — |
| 13 | Pennymac Loan Services LLC | 43 | 28 | $13m | 22.2% | — |
| 14 | UNMB Home Loans Inc. | 30 | 25 | $11m | 0.0% | — |
| 15 | Newrez LLC | 62 | 23 | $6.6m | 34.3% | — |
| 16 | Us Bank, N.A. | 34 | 23 | $9.0m | 16.7% | — |
| 17 | Wells Fargo Bank NA | 40 | 22 | $12m | 21.4% | — |
| 18 | Prosperity Home Mortgage, LLC | 28 | 22 | $8.7m | — | — |
| 19 | Discover Bank | 125 | 20 | $2.0m | 74.4% | — |
| 20 | Primelending | 26 | 18 | $6.7m | — | — |
| 21 | Navy Federal Credit Union | 39 | 16 | $5.2m | 48.4% | — |
| 22 | Citibank, NA | 53 | 15 | $7.5m | 34.6% | — |
| 23 | Trustco Bank | 35 | 12 | $3.9m | 57.1% | — |
| 24 | Bethpage Federal Credit Union | 27 | 11 | $1.6m | 56.0% | — |
| 25 | Keybank National Association | 27 | 10 | $2.9m | — | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 25. 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 | 25.4% | 25.4% | 24.3% |
| Median rate spread, pp | 0.3 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 18.4% | 15.0% | 15.6% |
| Average originated loan | $328k | $446k | $329k |
| Originations per 1,000 households | 44.5 | 27.0 | 48.0 |
| Home purchase share of originations | 50.2% | 55.3% | 57.0% |
| FHA-insured share | 6.8% | 7.4% | 13.4% |
| VA-guaranteed share | 1.8% | 2.4% | 7.9% |
Rate spread distribution
Share of 1,482 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 50% (794)Home improvement 18% (287)Refinancing 9% (149)Cash-out refinancing 12% (191)Other purpose 10% (161)
By type
Conventional 91% (1,445)FHA 7% (107)VA 2% (29)USDA 0% (1)
Trend by year
ApplicationsOriginations
This countyNew York
Questions and answers
Which lenders are most active in Putnam County, NY?
By 2024 originations: Hudson Valley Credit Union (243), Rocket Mortgage (160), United Wholesale Mortgage (103), M&T Bank (63), Crosscountry Mortgage, LLC (60). 25 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Putnam County?
25.4% of decided applications were denied in 2024, against 25.4% across New York and 24.3% nationally.
How many mortgages were originated in Putnam County in 2024?
1,582 loans totalling $518m, from 2,727 applications; 44.5 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 36079; 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.