Beacon Bank & Trust Mortgage Lending & HMDA Data, 2025
In 2025, Beacon Bank & Trust of Albany, NY reported 1,291 mortgage applications totaling $601.1 million, up 115% from 2024. The average application was for $465,588, and applicants reported an average income of $252,539. 62% of its applications resulted in an originated loan and 22% were denied. Its largest markets were Cambridge-Newton-Framingham, MA (413), Boston, MA (247) and Providence-Warwick, RI-MA (201) (applications in parentheses).
| Mortgage Company & Address | Beacon Bank & Trust Albany, NY 12207 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 |
| Total Number of Mortgage Applications | 1,291 |
| Total Mortgage Loan Application Amount | $601,075,000 |
| Average Mortgage Loan Application Amount | $465,588 |
| Highest Mortgage Loan Application Amount | $25,005,000 |
| Average Applicant Income | $252,539 |
| Highest Applicant Income | $9,600,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Beacon Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Cambridge-Newton-Framingham, MA | 413 | $ 191,695,000 | $ 464,152 | $ 283,000 |
| Boston, MA | 247 | $ 185,995,000 | $ 753,016 | $ 320,000 |
| Providence-Warwick, RI-MA | 201 | $ 90,705,000 | $ 451,268 | $ 220,597 |
| Outside any metro area | 76 | $ 26,100,000 | $ 343,421 | $ 208,092 |
| New York-Jersey City-White Plains, NY-NJ | 68 | $ 22,350,000 | $ 328,676 | $ 232,794 |
| Worcester, MA-CT | 48 | $ 29,110,000 | $ 606,458 | $ 140,000 |
| Pittsfield, MA | 47 | $ 9,075,000 | $ 193,085 | $ 150,000 |
| Springfield, MA | 41 | $ 6,685,000 | $ 163,048 | $ 132,000 |
| Hartford-West Hartford-East Hartford, CT | 28 | $ 4,800,000 | $ 171,428 | $ 136,000 |
| Norwich-New London, CT | 22 | $ 3,170,000 | $ 144,090 | $ 135,000 |
| Barnstable Town, MA | 21 | $ 14,525,000 | $ 691,666 | $ 407,000 |
| Utica-Rome, NY | 18 | $ 1,680,000 | $ 93,333 | $ 71,000 |
| Kiryas Joel-Poughkeepsie-Newburgh, NY | 16 | $ 2,870,000 | $ 179,375 | $ 138,000 |
| Albany-Schenectady-Troy, NY | 9 | $ 2,005,000 | $ 222,777 | $ 170,000 |
| Rockingham County-Strafford County, NH | 9 | $ 2,605,000 | $ 289,444 | $ 174,000 |
| Glens Falls, NY | 5 | $ 1,375,000 | $ 275,000 | $ 134,000 |
| Syracuse, NY | 4 | $ 440,000 | $ 110,000 | $ 642,000 |
| Bridgeport-Stamford-Norwalk, CT | 3 | $ 615,000 | $ 205,000 | $ 132,000 |
| Waterbury-Shelton, CT | 3 | $ 785,000 | $ 261,666 | $ 278,000 |
| Amherst Town-Northampton, MA | 2 | $ 290,000 | $ 145,000 | $ 55,000 |
| Manchester-Nashua, NH | 2 | $ 310,000 | $ 155,000 | $ 478,000 |
| Nassau County-Suffolk County, NY | 2 | $ 260,000 | $ 130,000 | $ 174,000 |
| North Port-Sarasota-Bradenton, FL | 2 | $ 1,340,000 | $ 670,000 | $ 837,000 |
| Brunswick, GA | 1 | $ 635,000 | $ 635,000 | $ 816,000 |
| Chicago-Naperville, IL | 1 | $ 505,000 | $ 505,000 | $ 0 |
| Miami-Miami Beach-Kendall, FL | 1 | $ 405,000 | $ 405,000 | $ 2,683,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 1 | $ 745,000 | $ 745,000 | $ 452,000 |
Mortgage Loan Application Detail Totals for Beacon Bank & Trust in 2025
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 Improvement | 479 | $122,035,000 | $254,000 | $10,005,000 | $212,000 | $3,572,000 |
| Refinancing | 348 | $172,500,000 | $495,000 | $24,005,000 | $290,000 | $9,600,000 |
| Home Purchase | 275 | $259,195,000 | $942,000 | $25,005,000 | $317,000 | $5,190,000 |
| Other Purpose | 181 | $43,895,000 | $242,000 | $3,005,000 | $194,000 | $2,370,000 |
| Cash-out Refinancing | 8 | $3,450,000 | $431,000 | $995,000 | $159,000 | $679,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 992 | $347,130,000 | $349,000 | $4,005,000 | $244,000 | $5,190,000 |
| Not Provided | 106 | $58,040,000 | $547,000 | $7,005,000 | $338,000 | $4,804,000 |
| Hispanic | 69 | $15,105,000 | $218,000 | $1,085,000 | $170,000 | $2,370,000 |
| Asian | 61 | $23,775,000 | $389,000 | $1,585,000 | $353,000 | $9,600,000 |
| Black or African American | 35 | $10,145,000 | $289,000 | $1,505,000 | $224,000 | $1,598,000 |
| Not applicable | 24 | $146,260,000 | $6,094,000 | $25,005,000 | $0 | $0 |
| American Indian or Alaskan Native | 4 | $620,000 | $155,000 | $205,000 | $91,000 | $163,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
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) | 1,289 | $600,445,000 | $465,000 | $25,005,000 | $252,000 | $9,600,000 |
| FHA-insured (Federal Housing Administration) | 1 | $335,000 | $335,000 | $335,000 | $76,000 | $76,000 |
| VA-guaranteed (Veterans Administration) | 1 | $295,000 | $295,000 | $295,000 | $93,000 | $93,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 797 | $416,515,000 | $522,000 | $25,005,000 | $267,000 | $5,190,000 |
| Application Denied By Financial Institution | 287 | $85,805,000 | $298,000 | $3,005,000 | $201,000 | $9,600,000 |
| Application Withdrawn By Applicant | 99 | $38,715,000 | $391,000 | $2,605,000 | $311,000 | $2,691,000 |
| File Closed For Incompleteness | 80 | $25,810,000 | $322,000 | $1,505,000 | $203,000 | $1,579,000 |
| Application Approved But Not Accepted | 17 | $27,155,000 | $1,597,000 | $10,005,000 | $315,000 | $2,791,000 |
| Preapproval Approved but not Accepted | 9 | $5,925,000 | $658,000 | $1,405,000 | $214,000 | $640,000 |
| Preapproval Denied by Financial Institution | 2 | $1,150,000 | $575,000 | $575,000 | $110,000 | $110,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|---|---|
| Not applicable | 1,002 | $514,120,000 | $513,000 | $25,005,000 | $267,000 | $5,190,000 |
| Debt-To-Income Ratio | 139 | $45,285,000 | $325,000 | $1,485,000 | $89,000 | $375,000 |
| Credit History | 70 | $11,860,000 | $169,000 | $785,000 | $141,000 | $960,000 |
| Collateral | 58 | $20,450,000 | $352,000 | $2,725,000 | $479,000 | $9,600,000 |
| Other | 13 | $4,105,000 | $315,000 | $805,000 | $246,000 | $1,360,000 |
| Credit Application Incomplete | 7 | $2,145,000 | $306,000 | $545,000 | $596,000 | $1,598,000 |
| Unverifiable Information | 1 | $3,005,000 | $3,005,000 | $3,005,000 | $236,000 | $236,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $105,000 | $105,000 | $105,000 | $52,000 | $52,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Beacon Bank & Trust's 2025 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 Bank & Trust'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.
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