Lenders › Ballston Spa National Bank › New York
Ballston Spa National Bank in New York
HMDA record for properties in New York, calendar year 2024. National record · New York overview
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.
Ballston Spa National Bank's 2024 HMDA record for New York covers 297 applications, 200 of them originated, worth $64m.
Its denial rate in the state was 4.3%, below the New York rate of 25.4% across all lenders and compared with the lender's national rate of 4.2%.
Applications in the state were down 14% on 2023.
Compared with the state and the lender's national record
| Measure | In New York | New York, all lenders | Ballston Spa National Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 4.3% | 25.4% | 4.2% | 24.3% |
| Median rate spread, pp | — | 0.3 | — | 0.3 |
| Originations with spread of 1.5 pp or more | — | 15.0% | — | 15.6% |
| Average originated loan | $322k | $446k | $246k | $329k |
| Home purchase share | 72.0% | 55.3% | 79.4% | 57.0% |
| FHA-insured share | 0.0% | 7.4% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 2.4% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateNew York, all lenders
Loan purpose and loan type in New York
By purpose
Home purchase 72% (144)Refinancing 2% (3)Cash-out refinancing 26% (51)Other purpose 1% (2)
By type
Conventional 100% (200)
Denial reasons as coded
Withheld: fewer than 25 denials in the state.
Counties in New York
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Saratoga County | 89 | 67 | $30m | 4.0% |
| Albany County | 63 | 38 | $11m | 6.3% |
| Schenectady County | 28 | 24 | $12m | 4.0% |
| Rensselaer County | 25 | 16 | $4.0m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Ballston Spa National Bank originate in New York in 2024?
200 loans totalling $64m, from 297 applications reported for properties in New York.
What is Ballston Spa National Bank's denial rate in New York?
4.3% of decided applications in New York were denied, against 25.4% for all lenders in the state and 4.2% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which New York counties does Ballston Spa National Bank lend in most?
By originations: Saratoga County (67), Albany County (38), Schenectady County (24), Rensselaer County (16).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in New York. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.