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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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| State |
New York
• Apply Here |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Applications | 1,009,451 |
| Total Dollar Amount of Mortgage Loans Applied For | $261,573,610,000 |
| Average Mortgage Loan Amount Applied For | $259,000 |
| Highest Mortgage Loan Amount Applied For | $93,000,000 |
| Average Applicant Income | $112,000 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
125,509 | $11,636,322,000 |
$92,000 | $41,500,000 |
$86,000 | $9,999,000 |
| Home Purchase |
393,021 | $118,290,101,000 |
$300,000 | $89,850,000 |
$133,000 | $9,999,000 |
| Refinancing |
490,921 | $131,647,187,000 |
$268,000 | $93,000,000 |
$102,000 | $9,999,000 |
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| American Indian or Alaskan Native |
4,055 | $910,386,000 |
$224,000 | $2,460,000 |
$108,000 | $9,999,000 |
| Asian |
45,995 | $15,880,358,000 |
$345,000 | $11,600,000 |
$139,000 | $6,781,000 |
| Black or African American |
106,969 | $30,025,905,000 |
$280,000 | $6,000,000 |
$100,000 | $9,999,000 |
| Hispanic |
83,748 | $23,883,865,000 |
$285,000 | $6,035,000 |
$106,000 | $9,999,000 |
| Native Hawaiin or Other Pacific Islander |
3,714 | $1,058,888,000 |
$285,000 | $2,400,000 |
$114,000 | $1,920,000 |
| Not applicable |
60,184 | $26,668,068,000 |
$443,000 | $93,000,000 |
$36,000 | $9,999,000 |
| Not Provided |
162,147 | $44,348,667,000 |
$273,000 | $59,000,000 |
$128,000 | $9,999,000 |
| White |
542,639 | $118,797,473,000 |
$218,000 | $75,000,000 |
$117,000 | $9,999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
966,120 | $254,528,994,000 |
$263,000 | $93,000,000 |
$115,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) |
39,128 | $6,464,725,000 |
$165,000 | $8,316,000 |
$60,000 | $1,328,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
630 | $59,924,000 |
$95,000 | $1,100,000 |
$42,000 | $438,000 |
| VA-guaranteed (Veterans Administration) |
3,573 | $519,967,000 |
$145,000 | $1,000,000 |
$57,000 | $1,000,000 |
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| Application Approved But Not Accepted |
88,070 | $23,662,388,000 |
$268,000 | $25,000,000 |
$133,000 | $9,999,000 |
| Application Denied By Financial Institution |
265,860 | $64,882,741,000 |
$244,000 | $75,000,000 |
$104,000 | $9,999,000 |
| Application Withdrawn By Applicant |
98,667 | $25,441,796,000 |
$257,000 | $60,000,000 |
$111,000 | $9,999,000 |
| File Closed For Incompleteness |
32,846 | $9,288,081,000 |
$282,000 | $21,000,000 |
$121,000 | $9,999,000 |
| Loan Originated |
398,639 | $103,867,729,000 |
$260,000 | $93,000,000 |
$124,000 | $9,999,000 |
| Loan Purchased By The Institution |
125,325 | $34,422,127,000 |
$274,000 | $89,850,000 |
$77,000 | $9,999,000 |
| Preapproval Approved but not Accepted |
5 | $842,000 |
$168,000 | $240,000 |
$83,000 | $120,000 |
| Preapproval Denied by Financial Institution |
39 | $7,906,000 |
$202,000 | $1,000,000 |
$97,000 | $339,000 |
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| Collateral |
29,979 | $8,053,693,000 |
$268,000 | $11,500,000 |
$121,000 | $9,999,000 |
| Credit Application Incomplete |
30,554 | $10,626,179,000 |
$347,000 | $8,500,000 |
$148,000 | $9,999,000 |
| Credit History |
42,957 | $7,996,286,000 |
$186,000 | $10,000,000 |
$94,000 | $9,999,000 |
| Debt-To-Income Ratio |
31,731 | $7,564,645,000 |
$238,000 | $59,000,000 |
$80,000 | $4,000,000 |
| Employment History |
1,753 | $441,625,000 |
$251,000 | $2,366,000 |
$103,000 | $2,054,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2,682 | $930,634,000 |
$346,000 | $9,999,000 |
$132,000 | $9,999,000 |
| Mortgage Insurance Denied |
162 | $45,224,000 |
$279,000 | $1,820,000 |
$80,000 | $647,000 |
| Other |
29,488 | $9,451,031,000 |
$320,000 | $35,000,000 |
$129,000 | $9,999,000 |
| Unverifiable Information |
11,300 | $3,822,247,000 |
$338,000 | $5,000,000 |
$143,000 | $9,999,000 |
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New York Mortgage Loan Application Totals in 2007 by Metropolitan Area
| ALBANY-SCHENECTADY-TROY, NY |
61,400 |
$8,543,942,000 |
$139,000 |
$76,000 |
| BINGHAMTON, NY |
13,557 |
$1,158,100,000 |
$85,000 |
$61,000 |
| BUFFALO-NIAGARA FALLS, NY |
58,655 |
$5,676,078,000 |
$96,000 |
$66,000 |
| ELMIRA, NY |
5,087 |
$354,182,000 |
$69,000 |
$60,000 |
| GLENS FALLS, NY |
11,108 |
$1,416,510,000 |
$127,000 |
$73,000 |
| ITHACA, NY |
3,907 |
$458,508,000 |
$117,000 |
$81,000 |
| KINGSTON, NY |
12,881 |
$2,317,837,000 |
$179,000 |
$88,000 |
| NASSAU-SUFFOLK, NY |
205,507 |
$63,911,389,000 |
$310,000 |
$134,000 |
| NEW YORK-WHITE PLAINS-WAYNE, NY-NJ |
373,622 |
$145,945,674,000 |
$390,000 |
$146,000 |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY |
51,484 |
$11,103,461,000 |
$215,000 |
$98,000 |
| ROCHESTER, NY |
61,609 |
$6,029,901,000 |
$97,000 |
$68,000 |
| SYRACUSE, NY |
40,105 |
$3,844,501,000 |
$95,000 |
$70,000 |
| UTICA-ROME, NY |
17,609 |
$1,502,672,000 |
$85,000 |
$60,000 |
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New York Mortgage Loan Application Totals in 2007 by County
| Albany |
18,913 |
$2,699,625,000 |
$142,000 |
$80,000 |
| Allegany |
2,285 |
$132,850,000 |
$58,000 |
$54,000 |
| Bronx |
34,588 |
$11,196,053,000 |
$323,000 |
$99,000 |
| Broome |
10,491 |
$916,643,000 |
$87,000 |
$62,000 |
| Cattaraugus |
4,105 |
$300,125,000 |
$73,000 |
$63,000 |
| Cayuga |
4,923 |
$404,173,000 |
$82,000 |
$61,000 |
| Chautauqua |
6,328 |
$470,807,000 |
$74,000 |
$62,000 |
| Chemung |
5,088 |
$354,239,000 |
$69,000 |
$60,000 |
| Chenango |
2,935 |
$246,619,000 |
$84,000 |
$57,000 |
| Clinton |
4,829 |
$455,741,000 |
$94,000 |
$62,000 |
| Columbia |
4,201 |
$753,658,000 |
$179,000 |
$106,000 |
| Cortland |
2,615 |
$216,670,000 |
$82,000 |
$69,000 |
| Delaware |
3,189 |
$386,130,000 |
$121,000 |
$76,000 |
| Dutchess |
21,820 |
$4,809,693,000 |
$220,000 |
$103,000 |
| Erie |
47,096 |
$4,681,399,000 |
$99,000 |
$68,000 |
| Essex |
2,904 |
$366,874,000 |
$126,000 |
$81,000 |
| Franklin |
2,746 |
$249,195,000 |
$90,000 |
$61,000 |
| Fulton |
4,355 |
$403,280,000 |
$92,000 |
$65,000 |
| Genesee |
3,034 |
$244,414,000 |
$80,000 |
$58,000 |
| Greene |
4,315 |
$632,359,000 |
$146,000 |
$90,000 |
| Hamilton |
478 |
$59,803,000 |
$125,000 |
$92,000 |
| Herkimer |
4,124 |
$425,448,000 |
$103,000 |
$63,000 |
| Jefferson |
6,461 |
$643,070,000 |
$99,000 |
$66,000 |
| Kings |
85,527 |
$32,995,914,000 |
$385,000 |
$123,000 |
| Lewis |
1,518 |
$106,988,000 |
$70,000 |
$60,000 |
| Livingston |
3,628 |
$323,910,000 |
$89,000 |
$67,000 |
| Madison |
4,494 |
$435,106,000 |
$96,000 |
$69,000 |
| Monroe |
41,702 |
$4,175,248,000 |
$100,000 |
$69,000 |
| Montgomery |
3,538 |
$290,487,000 |
$82,000 |
$58,000 |
| Nassau |
85,631 |
$27,895,811,000 |
$325,000 |
$136,000 |
| New York |
41,171 |
$31,530,830,000 |
$765,000 |
$348,000 |
| Niagara |
11,564 |
$994,938,000 |
$86,000 |
$60,000 |
| Oneida |
13,488 |
$1,077,590,000 |
$79,000 |
$60,000 |
| Onondaga |
28,400 |
$2,856,677,000 |
$100,000 |
$72,000 |
| Ontario |
7,473 |
$841,104,000 |
$112,000 |
$77,000 |
| Orange |
29,681 |
$6,297,436,000 |
$212,000 |
$94,000 |
| Orleans |
2,637 |
$182,204,000 |
$69,000 |
$53,000 |
| Oswego |
7,215 |
$553,195,000 |
$76,000 |
$61,000 |
| Otsego |
4,051 |
$445,435,000 |
$109,000 |
$71,000 |
| Putnam |
7,351 |
$1,988,796,000 |
$270,000 |
$120,000 |
| Queens |
106,680 |
$35,661,765,000 |
$334,000 |
$109,000 |
| Rensselaer |
11,077 |
$1,409,623,000 |
$127,000 |
$71,000 |
| Richmond |
32,395 |
$9,154,004,000 |
$282,000 |
$105,000 |
| Rockland |
16,734 |
$5,003,447,000 |
$298,000 |
$127,000 |
| Saratoga |
16,946 |
$2,749,587,000 |
$162,000 |
$84,000 |
| Schenectady |
12,071 |
$1,414,763,000 |
$117,000 |
$65,000 |
| Schoharie |
2,410 |
$272,365,000 |
$113,000 |
$68,000 |
| Schuyler |
1,285 |
$104,476,000 |
$81,000 |
$59,000 |
| Seneca |
2,021 |
$152,835,000 |
$75,000 |
$62,000 |
| St. Lawrence |
4,353 |
$292,285,000 |
$67,000 |
$58,000 |
| Steuben |
5,076 |
$392,950,000 |
$77,000 |
$58,000 |
| Suffolk |
119,892 |
$36,020,723,000 |
$300,000 |
$132,000 |
| Sullivan |
6,357 |
$1,029,982,000 |
$162,000 |
$91,000 |
| Tioga |
3,069 |
$241,757,000 |
$78,000 |
$59,000 |
| Tompkins |
3,910 |
$459,041,000 |
$117,000 |
$81,000 |
| Ulster |
13,010 |
$2,343,011,000 |
$180,000 |
$88,000 |
| Warren |
5,702 |
$846,364,000 |
$148,000 |
$85,000 |
| Washington |
5,419 |
$571,680,000 |
$105,000 |
$60,000 |
| Wayne |
6,204 |
$510,483,000 |
$82,000 |
$61,000 |
| Westchester |
49,237 |
$18,431,349,000 |
$374,000 |
$165,000 |
| Wyoming |
2,169 |
$178,520,000 |
$82,000 |
$55,000 |
| Yates |
1,535 |
$159,858,000 |
$104,000 |
$73,000 |
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