Beacon Federal
HMDA Loan Application Totals
and Mortgage Lending Details
for 2008
Beacon Federal 2008 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Beacon Federal 6311 Court Street Road East Syracuse, NY 13057 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 1,296 |
| Total Mortgage Loan Application Amount | $138,767,000 |
| Average Mortgage Loan Application Amount | $111,333 |
| Highest Mortgage Loan Application Amount | $3,000,000 |
| Average Applicant Income | $89,333 |
| Highest Applicant Income | $1,291,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2008 with Beacon Federal. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Beacon Federal's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2008 breaks down Beacon Federal's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Beacon Federal serves its applicants.
Each category highlights the total number of mortgage applications processed by Beacon Federal, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Beacon Federal's mortgage activity for 2008.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Onondaga County New York | 513 | $ 42,650,000 | $ 83,000 | $ 86,000 |
| Monroe County New York | 119 | $ 17,875,000 | $ 150,000 | $ 112,000 |
| Oneida County New York | 90 | $ 3,413,000 | $ 37,000 | $ 67,000 |
| Warren County Tennessee | 65 | $ 3,563,000 | $ 54,000 | $ 45,000 |
| Madison County New York | 62 | $ 4,121,000 | $ 66,000 | $ 77,000 |
| Oswego County New York | 61 | $ 2,947,000 | $ 48,000 | $ 70,000 |
| Smith County Texas | 59 | $ 4,584,000 | $ 77,000 | $ 95,000 |
| Middlesex County Massachusetts | 38 | $ 14,035,000 | $ 369,000 | $ 97,000 |
| Rutherford County Tennessee | 22 | $ 2,106,000 | $ 95,000 | $ 57,000 |
| Cayuga County New York | 19 | $ 794,000 | $ 41,000 | $ 67,000 |
| Davidson County Tennessee | 17 | $ 6,420,000 | $ 377,000 | $ 249,000 |
| Ontario County New York | 16 | $ 2,688,000 | $ 168,000 | $ 144,000 |
| Williamson County Tennessee | 15 | $ 4,607,000 | $ 307,000 | $ 132,000 |
| Herkimer County New York | 14 | $ 1,139,000 | $ 81,000 | $ 84,000 |
| Jefferson County New York | 13 | $ 1,237,000 | $ 95,000 | $ 178,000 |
| Suffolk County Massachusetts | 9 | $ 2,807,000 | $ 311,000 | $ 217,000 |
| Wayne County New York | 9 | $ 893,000 | $ 99,000 | $ 60,000 |
| Hillsborough County New Hampshire | 8 | $ 1,488,000 | $ 186,000 | $ 96,000 |
| Grundy County Tennessee | 8 | $ 303,000 | $ 37,000 | $ 31,000 |
| Rusk County Texas | 8 | $ 280,000 | $ 35,000 | $ 52,000 |
| Essex County Massachusetts | 6 | $ 4,632,000 | $ 772,000 | $ 283,000 |
| Cortland County New York | 5 | $ 537,000 | $ 107,000 | $ 94,000 |
| Livingston County New York | 5 | $ 573,000 | $ 114,000 | $ 62,000 |
| DeKalb County Tennessee | 5 | $ 191,000 | $ 38,000 | $ 27,000 |
| Broome County New York | 4 | $ 677,000 | $ 169,000 | $ 65,000 |
| Genesee County New York | 4 | $ 360,000 | $ 90,000 | $ 54,000 |
| Coffee County Tennessee | 4 | $ 13,000 | $ 3,000 | $ 38,000 |
| Van Buren County Tennessee | 4 | $ 31,000 | $ 7,000 | $ 40,000 |
| Henderson County Texas | 4 | $ 312,000 | $ 78,000 | $ 67,000 |
| Palm Beach County Florida | 3 | $ 1,220,000 | $ 406,000 | $ 536,000 |
| Erie County New York | 3 | $ 69,000 | $ 23,000 | $ 42,000 |
| Seneca County New York | 3 | $ 441,000 | $ 147,000 | $ 121,000 |
| Cannon County Tennessee | 3 | $ 74,000 | $ 24,000 | $ 33,000 |
| Dickson County Tennessee | 3 | $ 1,651,000 | $ 550,000 | $ 27,000 |
| White County Tennessee | 3 | $ 82,000 | $ 27,000 | $ 54,000 |
| Cherokee County Texas | 3 | $ 192,000 | $ 64,000 | $ 52,000 |
| Worcester County Massachusetts | 2 | $ 274,000 | $ 137,000 | $ 68,000 |
| Tompkins County New York | 2 | $ 126,000 | $ 63,000 | $ 74,000 |
| Putnam County Tennessee | 2 | $ 130,000 | $ 65,000 | $ 75,000 |
| Gregg County Texas | 2 | $ 59,000 | $ 29,000 | $ 40,000 |
| Garland County Arkansas | 1 | $ 2,000 | $ 2,000 | $ 90,000 |
| Jefferson County Arkansas | 1 | $ 6,000 | $ 6,000 | $ 74,000 |
| Hernando County Florida | 1 | $ 9,000 | $ 9,000 | $ 30,000 |
| Walton County Florida | 1 | $ 506,000 | $ 506,000 | $ 382,000 |
| Bartow County Georgia | 1 | $ 5,000 | $ 5,000 | $ 39,000 |
| Madison County Georgia | 1 | $ 3,000 | $ 3,000 | $ 55,000 |
| Oglethorpe County Georgia | 1 | $ 8,000 | $ 8,000 | $ 43,000 |
| Harrison County Indiana | 1 | $ 5,000 | $ 5,000 | $ 48,000 |
| Barnstable County Massachusetts | 1 | $ 417,000 | $ 417,000 | $ 173,000 |
| Dukes County Massachusetts | 1 | $ 364,000 | $ 364,000 | $ 108,000 |
| Norfolk County Massachusetts | 1 | $ 160,000 | $ 160,000 | $ 50,000 |
| DeSoto County Mississippi | 1 | $ 12,000 | $ 12,000 | $ 34,000 |
| Pulaski County Missouri | 1 | $ 1,000 | $ 1,000 | $ 51,000 |
| Rockingham County New Hampshire | 1 | $ 5,000 | $ 5,000 | $ 83,000 |
| Hunterdon County New Jersey | 1 | $ 10,000 | $ 10,000 | $ 126,000 |
| Chenango County New York | 1 | $ 8,000 | $ 8,000 | $ 78,000 |
| Delaware County New York | 1 | $ 27,000 | $ 27,000 | $ 120,000 |
| Greene County New York | 1 | $ 69,000 | $ 69,000 | $ 18,000 |
| Orleans County New York | 1 | $ 127,000 | $ 127,000 | $ 53,000 |
| Otsego County New York | 1 | $ 11,000 | $ 11,000 | $ 83,000 |
| Rensselaer County New York | 1 | $ 5,000 | $ 5,000 | $ 62,000 |
| Saratoga County New York | 1 | $ 8,000 | $ 8,000 | $ 61,000 |
| St. Lawrence County New York | 1 | $ 25,000 | $ 25,000 | $ 84,000 |
| Suffolk County New York | 1 | $ 873,000 | $ 873,000 | $ 317,000 |
| Tioga County New York | 1 | $ 149,000 | $ 149,000 | $ 74,000 |
| Bedford County Tennessee | 1 | $ 84,000 | $ 84,000 | $ 70,000 |
| Bledsoe County Tennessee | 1 | $ 147,000 | $ 147,000 | $ 138,000 |
| Hamilton County Tennessee | 1 | $ 123,000 | $ 123,000 | $ 40,000 |
| Knox County Tennessee | 1 | $ 240,000 | $ 240,000 | $ 310,000 |
| Overton County Tennessee | 1 | $ 4,000 | $ 4,000 | $ 84,000 |
| Sumner County Tennessee | 1 | $ 180,000 | $ 180,000 | $ 72,000 |
| Galveston County Texas | 1 | $ 128,000 | $ 128,000 | $ 101,000 |
| Harris County Texas | 1 | $ 5,000 | $ 5,000 | $ 84,000 |
| Franklin County Vermont | 1 | $ 5,000 | $ 5,000 | $ 75,000 |
| Windham County Vermont | 1 | $ 1,500,000 | $ 1,500,000 | $ 0 |
Mortgage Loan Application Detail Totals for Beacon Federal in 2008
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Home Purchase | 489 | $77,759,000 | $159,000 | $3,000,000 | $107,000 | $1,291,000 |
| Home Improvement | 472 | $6,411,000 | $13,000 | $248,000 | $68,000 | $475,000 |
| Refinancing | 335 | $54,597,000 | $162,000 | $2,500,000 | $93,000 | $878,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 990 | $113,033,000 | $114,000 | $2,500,000 | $92,000 | $1,291,000 |
| Not Provided | 220 | $12,592,000 | $57,000 | $1,500,000 | $74,000 | $386,000 |
| Black or African American | 45 | $2,424,000 | $53,000 | $440,000 | $94,000 | $475,000 |
| Hispanic | 21 | $1,688,000 | $80,000 | $600,000 | $61,000 | $163,000 |
| Asian | 11 | $2,870,000 | $260,000 | $675,000 | $188,000 | $500,000 |
| Not applicable | 6 | $6,055,000 | $1,009,000 | $3,000,000 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 2 | $41,000 | $20,000 | $35,000 | $36,000 | $37,000 |
| American Indian or Alaskan Native | 1 | $64,000 | $64,000 | $64,000 | $309,000 | $309,000 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 1,296 | $138,767,000 | $107,000 | $3,000,000 | $89,000 | $1,291,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 701 | $74,215,000 | $105,000 | $3,000,000 | $90,000 | $1,291,000 |
| Loan Purchased By The Institution | 221 | $35,183,000 | $159,000 | $1,197,000 | $105,000 | $625,000 |
| Application Denied By Financial Institution | 194 | $8,427,000 | $43,000 | $415,000 | $64,000 | $475,000 |
| Application Withdrawn By Applicant | 69 | $6,675,000 | $96,000 | $600,000 | $88,000 | $720,000 |
| Application Approved But Not Accepted | 60 | $6,075,000 | $101,000 | $1,000,000 | $78,000 | $215,000 |
| File Closed For Incompleteness | 28 | $4,538,000 | $162,000 | $960,000 | $145,000 | $1,238,000 |
| Preapproval Approved but not Accepted | 20 | $3,349,000 | $167,000 | $360,000 | $83,000 | $193,000 |
| Preapproval Denied by Financial Institution | 3 | $305,000 | $101,000 | $123,000 | $79,000 | $101,000 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 91 | $3,021,000 | $33,000 | $415,000 | $62,000 | $386,000 |
| Credit History | 65 | $2,935,000 | $45,000 | $364,000 | $59,000 | $121,000 |
| Collateral | 17 | $1,298,000 | $76,000 | $240,000 | $70,000 | $225,000 |
| Employment History | 10 | $425,000 | $42,000 | $180,000 | $37,000 | $72,000 |
| Other | 9 | $514,000 | $57,000 | $268,000 | $148,000 | $475,000 |
| Credit Application Incomplete | 2 | $168,000 | $84,000 | $90,000 | $71,000 | $114,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $290,000 | $145,000 | $184,000 | $66,000 | $89,000 |
| Mortgage Insurance Denied | 1 | $81,000 | $81,000 | $81,000 | $42,000 | $42,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Beacon Federal's 2008 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Beacon Federal's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in New York, download the full spreadsheet
with aggregated HMDA statistics today.