Hometown Funding, Inc. D/B/A Cnb Mortgage Company Mortgage Lending & HMDA Data, 2021
In 2021, Hometown Funding, Inc. D/B/A Cnb Mortgage Company of Pittsford, NY reported 2,954 mortgage applications totaling $655.8 million, down 15% from 2020. The average application was for $222,000, and applicants reported an average income of $132,790. 88% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Rochester, NY (2,583), Buffalo-Cheektowaga-Niagara Falls, NY (45) and Syracuse, NY (25) (applications in parentheses).
| Mortgage Company & Address | Hometown Funding, Inc. D/B/A Cnb Mortgage Company 63 A Monroe Avenue Pittsford, NY 14534 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 |
| Total Number of Mortgage Applications | 2,954 |
| Total Mortgage Loan Application Amount | $655,790,000 |
| Average Mortgage Loan Application Amount | $222,000 |
| Highest Mortgage Loan Application Amount | $5,895,000 |
| Average Applicant Income | $132,790 |
| Highest Applicant Income | $2,504,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Hometown Funding, Inc. D/B/A Cnb Mortgage Company filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Hometown Funding, Inc. D/B/A Cnb Mortgage Company in 2021
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 | 1,423 | $325,445,000 | $228,000 | $5,895,000 | $134,000 | $2,504,000 |
| Cash-out Refinancing | 808 | $174,120,000 | $215,000 | $3,005,000 | $126,000 | $1,690,000 |
| Refinancing | 723 | $156,225,000 | $216,000 | $1,665,000 | $138,000 | $1,024,000 |
| Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 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 | 2,454 | $550,460,000 | $224,000 | $5,895,000 | $136,000 | $2,504,000 |
| Not applicable | 155 | $32,805,000 | $211,000 | $1,885,000 | $0 | $0 |
| Asian | 133 | $30,435,000 | $228,000 | $655,000 | $123,000 | $759,000 |
| Not Provided | 83 | $19,525,000 | $235,000 | $2,125,000 | $122,000 | $427,000 |
| Black or African American | 63 | $9,365,000 | $148,000 | $685,000 | $88,000 | $451,000 |
| Hispanic | 56 | $11,200,000 | $200,000 | $595,000 | $108,000 | $485,000 |
| American Indian or Alaskan Native | 8 | $1,640,000 | $205,000 | $325,000 | $108,000 | $221,000 |
| 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) | 2,838 | $635,730,000 | $224,000 | $5,895,000 | $136,000 | $2,504,000 |
| FHA-insured (Federal Housing Administration) | 80 | $12,390,000 | $154,000 | $365,000 | $56,000 | $161,000 |
| VA-guaranteed (Veterans Administration) | 30 | $6,810,000 | $227,000 | $415,000 | $99,000 | $221,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 6 | $860,000 | $143,000 | $185,000 | $62,000 | $84,000 |
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 | 2,601 | $574,775,000 | $220,000 | $5,895,000 | $132,000 | $2,317,000 |
| Application Denied By Financial Institution | 143 | $28,985,000 | $202,000 | $895,000 | $103,000 | $654,000 |
| Application Approved But Not Accepted | 119 | $28,945,000 | $243,000 | $1,215,000 | $185,000 | $2,504,000 |
| Application Withdrawn By Applicant | 63 | $13,845,000 | $219,000 | $595,000 | $129,000 | $1,024,000 |
| File Closed For Incompleteness | 28 | $9,240,000 | $330,000 | $2,335,000 | $150,000 | $810,000 |
| 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 | 2,811 | $626,805,000 | $222,000 | $5,895,000 | $135,000 | $2,504,000 |
| Debt-To-Income Ratio | 61 | $11,435,000 | $187,000 | $525,000 | $72,000 | $357,000 |
| Collateral | 34 | $8,130,000 | $239,000 | $895,000 | $161,000 | $654,000 |
| Other | 14 | $2,820,000 | $201,000 | $345,000 | $132,000 | $462,000 |
| Employment History | 11 | $2,035,000 | $185,000 | $435,000 | $61,000 | $141,000 |
| Credit History | 11 | $1,275,000 | $115,000 | $285,000 | $59,000 | $115,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 7 | $1,955,000 | $279,000 | $605,000 | $109,000 | $300,000 |
| Unverifiable Information | 5 | $1,335,000 | $267,000 | $545,000 | $149,000 | $288,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Hometown Funding, Inc. D/B/A Cnb Mortgage Company's 2021 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 Hometown Funding, Inc. D/B/A Cnb Mortgage 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.
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