Hunt Mortgage Corporation Mortgage Lending & HMDA Data, 2024

In 2024, Hunt Mortgage Corporation of Buffalo, NY reported 1,570 mortgage applications totaling $418.4 million, down 15% from 2023. The average application was for $266,503, and applicants reported an average income of $121,820. 75% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Buffalo-Cheektowaga-Niagara Falls, NY (540), Syracuse, NY (307) and Rochester, NY (94) (applications in parentheses).

Mortgage Company & Address Hunt Mortgage Corporation
5400 Broadway Street
Buffalo, NY 14203
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  
Total Number of Mortgage Applications 1,570
Total Mortgage Loan Application Amount $418,410,000
Average Mortgage Loan Application Amount $266,503
Highest Mortgage Loan Application Amount $2,005,000
Average Applicant Income $121,820
Highest Applicant Income $2,386,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Hunt Mortgage Corporation filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Download the New York Lender List

Mortgage Loan Application Detail Totals for Hunt Mortgage Corporation in 2024

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 1,510 $400,630,000 $265,000 $1,925,000 $122,000 $2,386,000
Cash-out Refinancing 43 $12,085,000 $281,000 $2,005,000 $119,000 $546,000
Refinancing 17 $5,695,000 $335,000 $665,000 $113,000 $296,000
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 1,240 $326,510,000 $263,000 $2,005,000 $118,000 $1,375,000
Black or African American 83 $19,035,000 $229,000 $855,000 $117,000 $1,210,000
Hispanic 83 $21,115,000 $254,000 $625,000 $99,000 $299,000
Not Provided 78 $24,300,000 $311,000 $1,025,000 $164,000 $613,000
Asian 76 $24,710,000 $325,000 $1,555,000 $169,000 $2,386,000
American Indian or Alaskan Native 8 $2,240,000 $280,000 $425,000 $89,000 $162,000
Native Hawaiian or Other Pacific Islander 2 $500,000 $250,000 $395,000 $98,000 $154,000
Not applicable 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) 1,155 $310,595,000 $268,000 $2,005,000 $133,000 $2,386,000
FHA-insured (Federal Housing Administration) 277 $60,445,000 $218,000 $625,000 $84,000 $220,000
VA-guaranteed (Veterans Administration) 128 $45,150,000 $352,000 $1,335,000 $108,000 $366,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 10 $2,220,000 $222,000 $285,000 $84,000 $113,000

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 1,181 $316,795,000 $268,000 $2,005,000 $121,000 $1,375,000
Application Withdrawn By Applicant 212 $57,580,000 $271,000 $1,005,000 $139,000 $2,386,000
Application Denied By Financial Institution 73 $15,135,000 $207,000 $665,000 $83,000 $299,000
Preapproval Approved but not Accepted 72 $21,620,000 $300,000 $765,000 $131,000 $421,000
Application Approved But Not Accepted 20 $4,170,000 $208,000 $515,000 $117,000 $234,000
Preapproval Denied by Financial Institution 12 $3,110,000 $259,000 $705,000 $94,000 $247,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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 1,485 $400,165,000 $269,000 $2,005,000 $124,000 $2,386,000
Debt-To-Income Ratio 33 $6,925,000 $209,000 $425,000 $83,000 $219,000
Collateral 26 $5,990,000 $230,000 $665,000 $94,000 $299,000
Insufficient Cash (Downpayment, Closing Cost) 11 $1,935,000 $175,000 $525,000 $76,000 $203,000
Unverifiable Information 7 $1,885,000 $269,000 $705,000 $81,000 $247,000
Credit History 6 $960,000 $160,000 $245,000 $59,000 $95,000
Other 1 $355,000 $355,000 $355,000 $154,000 $154,000
Employment History 1 $195,000 $195,000 $195,000 $58,000 $58,000
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 Hunt Mortgage Corporation's 2024 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 Hunt Mortgage Corporation'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.

Download the New York Lender List