Lenders › M&T Bank › California
M&T Bank in California
HMDA record for properties in California, calendar year 2024. National record · California 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.
M&T Bank's 2024 HMDA record for California covers 173 applications, 97 of them originated, worth $54m.
Its denial rate in the state was 20.1%, below the California rate of 24.8% across all lenders and compared with the lender's national rate of 34.1%.
The median rate spread on its California originations was 0.1 percentage points (state median 0.4).
Applications in the state were up 30% on 2023.
Compared with the state and the lender's national record
| Measure | In California | California, all lenders | M&T Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 20.1% | 24.8% | 34.1% | 24.3% |
| Median rate spread, pp | 0.1 | 0.4 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 2.1% | 19.9% | 30.2% | 15.6% |
| Average originated loan | $561k | $566k | $259k | $329k |
| Home purchase share | 51.5% | 51.2% | 33.4% | 57.0% |
| FHA-insured share | 23.7% | 11.4% | 6.8% | 13.4% |
| VA-guaranteed share | 28.9% | 4.8% | 2.8% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateCalifornia, all lenders
Loan purpose and loan type in California
By purpose
Home purchase 52% (50)Home improvement 1% (1)Refinancing 9% (9)Cash-out refinancing 23% (22)Other purpose 15% (15)
By type
Conventional 47% (46)FHA 24% (23)VA 29% (28)
Denial reasons as coded
Share of 27 denials in California by first denial reason coded (outlined bar: all lenders in the state).
Counties in California
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 26 | 10 | $8.3m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did M&T Bank originate in California in 2024?
97 loans totalling $54m, from 173 applications reported for properties in California.
What is M&T Bank's denial rate in California?
20.1% of decided applications in California were denied, against 24.8% for all lenders in the state and 34.1% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which California counties does M&T Bank lend in most?
By originations: Los Angeles County (10).
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 California. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.