Geddes Federal Savings & Loan Mortgage Lending & HMDA Data, 2003
In 2003, Geddes Federal Savings & Loan of Syracuse, NY reported 489 mortgage applications totaling $56.0 million. The average application was for $114,427, and applicants reported an average income of $85,314. 81% of its applications resulted in an originated loan and 12% were denied. Its largest markets were Syracuse, NY (479) and Utica-Rome, NY (9).
| Mortgage Company & Address | Geddes Federal Savings & Loan 2208 West Genesee Street Syracuse, NY 13219 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 489 |
| Total Mortgage Loan Application Amount | $55,955,000 |
| Average Mortgage Loan Application Amount | $114,427 |
| Highest Mortgage Loan Application Amount | $1,200,000 |
| Average Applicant Income | $85,314 |
| Highest Applicant Income | $6,000,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Geddes Federal Savings & Loan filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Onondaga, New York | 406 | $ 46,857,000 | $ 115,411 | $ 84,000 |
| Madison, New York | 39 | $ 4,811,000 | $ 123,358 | $ 107,000 |
| Oswego, New York | 21 | $ 1,870,000 | $ 89,047 | $ 77,000 |
| Cayuga, New York | 13 | $ 1,489,000 | $ 114,538 | $ 74,000 |
| Oneida, New York | 9 | $ 768,000 | $ 85,333 | $ 56,000 |
| Cortland, New York | 1 | $ 160,000 | $ 160,000 | $ 94,000 |
Mortgage Loan Application Detail Totals for Geddes Federal Savings & Loan in 2003
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 |
|---|---|---|---|---|---|---|
| Refinancing (home purchase or home improvement, one-to-four family) | 359 | $37,027,000 | $103,000 | $1,200,000 | $83,000 | $6,000,000 |
| Home Purchase (one-to-four family) | 124 | $18,566,000 | $149,000 | $1,200,000 | $93,000 | $829,000 |
| Home Improvement (one-to-four family) | 5 | $66,000 | $13,000 | $24,000 | $78,000 | $100,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 1 | $296,000 | $296,000 | $296,000 | $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 | 455 | $51,139,000 | $112,000 | $1,200,000 | $82,000 | $6,000,000 |
| Asian or Pacific Islander | 13 | $1,870,000 | $143,000 | $504,000 | $85,000 | $225,000 |
| Information not provided by applicant in mail or telephone application | 12 | $2,371,000 | $197,000 | $1,200,000 | $135,000 | $913,000 |
| Black | 4 | $267,000 | $66,000 | $197,000 | $69,000 | $100,000 |
| Hispanic | 2 | $119,000 | $59,000 | $62,000 | $40,000 | $50,000 |
| American Indian or Alaskan Native | 2 | $136,000 | $68,000 | $76,000 | $40,000 | $45,000 |
| Other | 1 | $53,000 | $53,000 | $53,000 | $71,000 | $71,000 |
| 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) | 489 | $55,955,000 | $114,000 | $1,200,000 | $84,000 | $6,000,000 |
| 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 | 397 | $44,681,000 | $112,000 | $1,200,000 | $104,000 | $6,000,000 |
| Application Denied By Financial Institution | 57 | $5,789,000 | $101,000 | $280,000 | $58,000 | $194,000 |
| Application Approved But Not Accepted | 23 | $3,990,000 | $173,000 | $705,000 | $86,000 | $293,000 |
| Application Withdrawn By Applicant | 12 | $1,495,000 | $124,000 | $422,000 | $84,000 | $290,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 35 | $3,959,000 | $113,000 | $280,000 | $50,000 | $194,000 |
| Credit History | 16 | $1,471,000 | $91,000 | $197,000 | $64,000 | $143,000 |
| Employment History | 4 | $188,000 | $47,000 | $70,000 | $48,000 | $73,000 |
| Collateral | 2 | $171,000 | $85,000 | $112,000 | $80,000 | $123,000 |
| Credit Application Incomplete | 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 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Geddes Federal Savings & Loan's 2003 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 Geddes Federal Savings & Loan'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