M&T Bank Mortgage Lending & HMDA Data, 2025
In 2025, M&T Bank of Buffalo, NY reported 42,493 mortgage applications totaling $11.5 billion, up 17% from 2024. The average application was for $270,413, and applicants reported an average income of $170,608. 55% of its applications resulted in an originated loan and 28% were denied. Its largest markets were Buffalo-Cheektowaga-Niagara Falls, NY (3,692), Baltimore-Columbia-Towson, MD (3,272) and New York-Jersey City-White Plains, NY-NJ (2,861) (applications in parentheses).
| Mortgage Company & Address | M&T Bank 701 Seneca Street - Suite 330n 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 | 42,493 |
| Total Mortgage Loan Application Amount | $11,490,660,000 |
| Average Mortgage Loan Application Amount | $270,413 |
| Highest Mortgage Loan Application Amount | $62,005,000 |
| Average Applicant Income | $170,608 |
| Highest Applicant Income | $9,450,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records M&T Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 M&T Bank in 2025
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 Improvement | 13,310 | $1,729,520,000 | $129,000 | $15,205,000 | $137,000 | $5,840,000 |
| Home Purchase | 11,526 | $5,429,945,000 | $471,000 | $62,005,000 | $226,000 | $9,450,000 |
| Refinancing | 7,565 | $2,436,265,000 | $322,000 | $51,005,000 | $180,000 | $5,840,000 |
| Other Purpose | 6,375 | $935,065,000 | $146,000 | $12,395,000 | $161,000 | $8,270,000 |
| Cash-out Refinancing | 3,078 | $877,440,000 | $285,000 | $5,655,000 | $131,000 | $9,428,000 |
| Not Applicable | 639 | $82,425,000 | $128,000 | $605,000 | $47,000 | $165,000 |
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 | 25,849 | $6,231,015,000 | $241,000 | $12,395,000 | $171,000 | $9,450,000 |
| Black or African American | 4,050 | $667,200,000 | $164,000 | $2,605,000 | $111,000 | $4,895,000 |
| Not Provided | 3,760 | $1,242,660,000 | $330,000 | $8,005,000 | $231,000 | $7,427,000 |
| Hispanic | 3,550 | $719,530,000 | $202,000 | $3,005,000 | $124,000 | $4,836,000 |
| Asian | 2,918 | $1,509,890,000 | $517,000 | $8,795,000 | $246,000 | $8,374,000 |
| Not applicable | 2,146 | $1,071,435,000 | $499,000 | $62,005,000 | $47,000 | $165,000 |
| American Indian or Alaskan Native | 137 | $33,865,000 | $247,000 | $1,205,000 | $139,000 | $1,000,000 |
| Native Hawaiian or Other Pacific Islander | 83 | $15,065,000 | $181,000 | $1,105,000 | $110,000 | $397,000 |
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) | 36,417 | $9,899,100,000 | $271,000 | $62,005,000 | $178,000 | $9,450,000 |
| FHA-insured (Federal Housing Administration) | 4,632 | $1,072,150,000 | $231,000 | $1,235,000 | $97,000 | $7,427,000 |
| VA-guaranteed (Veterans Administration) | 1,355 | $507,745,000 | $374,000 | $2,335,000 | $152,000 | $2,158,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 89 | $11,665,000 | $131,000 | $455,000 | $77,000 | $180,000 |
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 | 23,446 | $7,262,195,000 | $309,000 | $62,005,000 | $187,000 | $9,428,000 |
| Application Denied By Financial Institution | 12,073 | $2,077,055,000 | $172,000 | $3,735,000 | $127,000 | $8,270,000 |
| Application Withdrawn By Applicant | 3,274 | $1,410,410,000 | $430,000 | $11,705,000 | $223,000 | $9,450,000 |
| Loan Purchased By The Institution | 1,896 | $398,580,000 | $210,000 | $1,105,000 | $47,000 | $165,000 |
| Application Approved But Not Accepted | 1,126 | $181,330,000 | $161,000 | $3,295,000 | $136,000 | $2,698,000 |
| File Closed For Incompleteness | 678 | $161,090,000 | $237,000 | $5,005,000 | $160,000 | $3,542,000 |
| 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 | 30,420 | $9,413,605,000 | $309,000 | $62,005,000 | $188,000 | $9,450,000 |
| Debt-To-Income Ratio | 4,478 | $883,550,000 | $197,000 | $2,685,000 | $81,000 | $943,000 |
| Credit History | 4,107 | $474,775,000 | $115,000 | $2,325,000 | $130,000 | $4,895,000 |
| Collateral | 1,689 | $328,155,000 | $194,000 | $2,945,000 | $194,000 | $8,151,000 |
| Other | 1,414 | $277,620,000 | $196,000 | $2,815,000 | $184,000 | $8,270,000 |
| Unverifiable Information | 148 | $37,350,000 | $252,000 | $3,005,000 | $148,000 | $2,000,000 |
| Credit Application Incomplete | 87 | $35,625,000 | $409,000 | $3,735,000 | $126,000 | $529,000 |
| Employment History | 75 | $14,265,000 | $190,000 | $1,005,000 | $153,000 | $1,447,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 75 | $25,715,000 | $342,000 | $2,185,000 | $163,000 | $1,611,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into M&T Bank's 2025 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 M&T Bank'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.
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