Canandaigua National Bank & Trust Mortgage Lending & HMDA Data, 2023
In 2023, Canandaigua National Bank & Trust of Canandaigua, NY reported 2,100 mortgage applications totaling $462.1 million, up 1% from 2022. The average application was for $220,042, and applicants reported an average income of $147,283. 34% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Rochester, NY (1,840), Buffalo-Cheektowaga-Niagara Falls, NY (31) and Syracuse, NY (27) (applications in parentheses).
| Mortgage Company & Address | Canandaigua National Bank & Trust 72 South Main St Canandaigua, NY 14424 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 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 2,100 |
| Total Mortgage Loan Application Amount | $462,090,000 |
| Average Mortgage Loan Application Amount | $220,042 |
| Highest Mortgage Loan Application Amount | $10,005,000 |
| Average Applicant Income | $147,283 |
| Highest Applicant Income | $7,778,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Canandaigua National Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
Mortgage Loan Application Detail Totals for Canandaigua National Bank & Trust in 2023
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 | 948 | $263,920,000 | $278,000 | $10,005,000 | $143,000 | $531,000 |
| Home Improvement | 438 | $45,830,000 | $104,000 | $1,005,000 | $166,000 | $7,778,000 |
| Cash-out Refinancing | 407 | $104,545,000 | $256,000 | $5,005,000 | $142,000 | $660,000 |
| Other Purpose | 233 | $29,465,000 | $126,000 | $1,825,000 | $156,000 | $3,077,000 |
| Refinancing | 74 | $18,330,000 | $247,000 | $1,265,000 | $93,000 | $474,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 1,269 | $363,145,000 | $286,000 | $10,005,000 | $0 | $0 |
| White | 734 | $87,920,000 | $119,000 | $1,825,000 | $162,000 | $7,778,000 |
| Hispanic | 27 | $2,105,000 | $77,000 | $255,000 | $117,000 | $499,000 |
| Asian | 26 | $3,720,000 | $143,000 | $465,000 | $136,000 | $495,000 |
| Black or African American | 26 | $1,580,000 | $60,000 | $155,000 | $92,000 | $475,000 |
| Not Provided | 13 | $2,775,000 | $213,000 | $625,000 | $174,000 | $454,000 |
| American Indian or Alaskan Native | 4 | $720,000 | $180,000 | $255,000 | $126,000 | $267,000 |
| 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) | 2,076 | $457,900,000 | $220,000 | $10,005,000 | $158,000 | $7,778,000 |
| FHA-insured (Federal Housing Administration) | 18 | $2,980,000 | $165,000 | $485,000 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 5 | $1,125,000 | $225,000 | $285,000 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $85,000 | $85,000 | $85,000 | $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 Purchased By The Institution | 1,198 | $318,040,000 | $265,000 | $5,185,000 | $0 | $0 |
| Loan Originated | 710 | $101,760,000 | $143,000 | $2,205,000 | $172,000 | $7,778,000 |
| Application Denied By Financial Institution | 120 | $14,680,000 | $122,000 | $2,005,000 | $75,000 | $305,000 |
| Application Approved But Not Accepted | 37 | $6,835,000 | $184,000 | $705,000 | $184,000 | $709,000 |
| Application Withdrawn By Applicant | 35 | $20,775,000 | $593,000 | $10,005,000 | $122,000 | $742,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial 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 | 1,980 | $447,410,000 | $225,000 | $10,005,000 | $171,000 | $7,778,000 |
| Debt-To-Income Ratio | 57 | $7,045,000 | $123,000 | $505,000 | $53,000 | $209,000 |
| Credit History | 41 | $5,525,000 | $134,000 | $2,005,000 | $88,000 | $305,000 |
| Collateral | 10 | $870,000 | $87,000 | $205,000 | $133,000 | $217,000 |
| Credit Application Incomplete | 6 | $640,000 | $106,000 | $255,000 | $83,000 | $228,000 |
| Other | 3 | $465,000 | $155,000 | $215,000 | $28,000 | $28,000 |
| Unverifiable Information | 3 | $135,000 | $45,000 | $65,000 | $120,000 | $229,000 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Canandaigua National Bank & Trust's 2023 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 Canandaigua National 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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About