Chemung Canal Trust Company
HMDA Loan Application Totals
and Mortgage Lending Details
for 2022
Chemung Canal Trust Company 2022 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 | Chemung Canal Trust Company One Chemung Canal Plaza Elmira, NY 14901 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 |
| Total Number of Mortgage Applications | 699 |
| Total Mortgage Loan Application Amount | $304,475,000 |
| Average Mortgage Loan Application Amount | $426,800 |
| Highest Mortgage Loan Application Amount | $22,005,000 |
| Average Applicant Income | $122,400 |
| Highest Applicant Income | $2,023,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2022 with Chemung Canal Trust Company. 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 Chemung Canal Trust Company's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2022 breaks down Chemung Canal Trust Company'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 Chemung Canal Trust Company serves its applicants.
Each category highlights the total number of mortgage applications processed by Chemung Canal Trust Company, 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 Chemung Canal Trust Company's mortgage activity for 2022.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Chemung County New York | 138 | $ 13,500,000 | $ 97,000 | $ 97,000 |
| Saratoga County New York | 60 | $ 59,640,000 | $ 994,000 | $ 178,000 |
| Steuben County New York | 52 | $ 6,710,000 | $ 129,000 | $ 94,000 |
| Schuyler County New York | 49 | $ 5,735,000 | $ 117,000 | $ 102,000 |
| Albany County New York | 48 | $ 93,270,000 | $ 1,943,000 | $ 171,000 |
| Broome County New York | 39 | $ 6,335,000 | $ 162,000 | $ 101,000 |
| Bradford County Pennsylvania | 39 | $ 4,075,000 | $ 104,000 | $ 76,000 |
| Tioga County New York | 31 | $ 2,935,000 | $ 94,000 | $ 71,000 |
| Cayuga County New York | 28 | $ 3,580,000 | $ 127,000 | $ 85,000 |
| Tompkins County New York | 26 | $ 4,240,000 | $ 163,000 | $ 92,000 |
| Rensselaer County New York | 21 | $ 8,235,000 | $ 392,000 | $ 142,000 |
| Schenectady County New York | 18 | $ 17,000,000 | $ 944,000 | $ 314,000 |
| Warren County New York | 18 | $ 25,090,000 | $ 1,393,000 | $ 425,000 |
| Cortland County New York | 17 | $ 1,855,000 | $ 109,000 | $ 104,000 |
| Erie County New York | 15 | $ 16,005,000 | $ 1,067,000 | $ 176,000 |
| Seneca County New York | 10 | $ 1,260,000 | $ 126,000 | $ 113,000 |
| Onondaga County New York | 6 | $ 2,530,000 | $ 421,000 | $ 208,000 |
| Washington County New York | 5 | $ 825,000 | $ 165,000 | $ 84,000 |
| Chenango County New York | 4 | $ 670,000 | $ 167,000 | $ 111,000 |
| Columbia County New York | 4 | $ 2,990,000 | $ 747,000 | $ 264,000 |
| Monroe County New York | 4 | $ 4,170,000 | $ 1,042,000 | $ 277,000 |
| Yates County New York | 4 | $ 1,890,000 | $ 472,000 | $ 458,000 |
| Lee County Florida | 3 | $ 515,000 | $ 171,000 | $ 384,000 |
| Palm Beach County Florida | 3 | $ 1,695,000 | $ 565,000 | $ 270,000 |
| Fulton County New York | 3 | $ 895,000 | $ 298,000 | $ 190,000 |
| Niagara County New York | 3 | $ 725,000 | $ 241,000 | $ 104,000 |
| Oswego County New York | 3 | $ 325,000 | $ 108,000 | $ 70,000 |
| Schoharie County New York | 3 | $ 445,000 | $ 148,000 | $ 97,000 |
| Susquehanna County Pennsylvania | 3 | $ 245,000 | $ 81,000 | $ 113,000 |
| Broward County Florida | 2 | $ 1,870,000 | $ 935,000 | $ 508,000 |
| Pinellas County Florida | 2 | $ 2,130,000 | $ 1,065,000 | $ 885,000 |
| Sarasota County Florida | 2 | $ 1,040,000 | $ 520,000 | $ 117,000 |
| Delaware County New York | 2 | $ 390,000 | $ 195,000 | $ 79,000 |
| Greene County New York | 2 | $ 500,000 | $ 250,000 | $ 292,000 |
| Hamilton County New York | 2 | $ 390,000 | $ 195,000 | $ 64,000 |
| Livingston County New York | 2 | $ 330,000 | $ 165,000 | $ 94,000 |
| Montgomery County New York | 2 | $ 660,000 | $ 330,000 | $ 129,000 |
| Wayne County New York | 2 | $ 250,000 | $ 125,000 | $ 117,000 |
| Wyoming County New York | 2 | $ 410,000 | $ 205,000 | $ 95,000 |
| Lycoming County Pennsylvania | 2 | $ 280,000 | $ 140,000 | $ 52,000 |
| Tioga County Pennsylvania | 2 | $ 160,000 | $ 80,000 | $ 50,000 |
| Fairfield County Connecticut | 1 | $ 755,000 | $ 755,000 | $ 430,000 |
| Charlotte County Florida | 1 | $ 1,195,000 | $ 1,195,000 | $ 298,000 |
| Indian River County Florida | 1 | $ 355,000 | $ 355,000 | $ 0 |
| Martin County Florida | 1 | $ 465,000 | $ 465,000 | $ 1,177,000 |
| Miami-Dade County Florida | 1 | $ 255,000 | $ 255,000 | $ 62,000 |
| Bergen County New Jersey | 1 | $ 3,205,000 | $ 3,205,000 | $ 0 |
| Cattaraugus County New York | 1 | $ 305,000 | $ 305,000 | $ 450,000 |
| Dutchess County New York | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Essex County New York | 1 | $ 405,000 | $ 405,000 | $ 177,000 |
| Franklin County New York | 1 | $ 385,000 | $ 385,000 | $ 521,000 |
| Herkimer County New York | 1 | $ 125,000 | $ 125,000 | $ 55,000 |
| St. Lawrence County New York | 1 | $ 55,000 | $ 55,000 | $ 54,000 |
| Sullivan County New York | 1 | $ 145,000 | $ 145,000 | $ 109,000 |
| Brunswick County North Carolina | 1 | $ 85,000 | $ 85,000 | $ 100,000 |
| Sullivan County Pennsylvania | 1 | $ 45,000 | $ 45,000 | $ 127,000 |
| Wyoming County Pennsylvania | 1 | $ 195,000 | $ 195,000 | $ 68,000 |
| Charleston County South Carolina | 1 | $ 155,000 | $ 155,000 | $ 63,000 |
| Horry County South Carolina | 1 | $ 345,000 | $ 345,000 | $ 1,005,000 |
Mortgage Loan Application Detail Totals for Chemung Canal Trust Company in 2022
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 | 285 | $160,615,000 | $563,000 | $22,005,000 | $155,000 | $1,639,000 |
| Cash-out Refinancing | 175 | $34,105,000 | $194,000 | $1,755,000 | $132,000 | $2,023,000 |
| Other Purpose | 155 | $12,165,000 | $78,000 | $1,095,000 | $121,000 | $1,199,000 |
| Refinancing | 79 | $97,245,000 | $1,230,000 | $12,995,000 | $104,000 | $593,000 |
| Home Improvement | 5 | $345,000 | $69,000 | $105,000 | $100,000 | $170,000 |
| 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 | 503 | $88,175,000 | $175,000 | $1,765,000 | $130,000 | $2,023,000 |
| Not Provided | 104 | $19,150,000 | $184,000 | $1,405,000 | $166,000 | $805,000 |
| Not applicable | 55 | $189,645,000 | $3,448,000 | $22,005,000 | $0 | $0 |
| Asian | 14 | $2,970,000 | $212,000 | $395,000 | $155,000 | $472,000 |
| Black or African American | 12 | $1,180,000 | $98,000 | $325,000 | $77,000 | $132,000 |
| Hispanic | 9 | $2,805,000 | $311,000 | $955,000 | $134,000 | $192,000 |
| American Indian or Alaskan Native | 2 | $550,000 | $275,000 | $505,000 | $146,000 | $173,000 |
| 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) | 699 | $304,475,000 | $435,000 | $22,005,000 | $136,000 | $2,023,000 |
| 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 | 518 | $274,590,000 | $530,000 | $22,005,000 | $152,000 | $2,023,000 |
| Application Denied By Financial Institution | 95 | $12,365,000 | $130,000 | $645,000 | $68,000 | $373,000 |
| Application Approved But Not Accepted | 56 | $10,710,000 | $191,000 | $1,445,000 | $120,000 | $577,000 |
| Application Withdrawn By Applicant | 30 | $6,810,000 | $227,000 | $675,000 | $115,000 | $485,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The Institution | 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 | 604 | $292,110,000 | $483,000 | $22,005,000 | $147,000 | $2,023,000 |
| Debt-To-Income Ratio | 52 | $7,010,000 | $134,000 | $645,000 | $52,000 | $373,000 |
| Credit History | 20 | $2,160,000 | $108,000 | $355,000 | $81,000 | $349,000 |
| Collateral | 11 | $1,365,000 | $124,000 | $555,000 | $99,000 | $190,000 |
| Other | 7 | $1,075,000 | $153,000 | $545,000 | $98,000 | $256,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $180,000 | $90,000 | $95,000 | $43,000 | $65,000 |
| Credit Application Incomplete | 2 | $540,000 | $270,000 | $525,000 | $117,000 | $185,000 |
| Employment History | 1 | $35,000 | $35,000 | $35,000 | $66,000 | $66,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Chemung Canal Trust Company's 2022 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 Chemung Canal Trust Company'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.