Trustco Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Trustco Bank 2023 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 | Trustco Bank 6 Metro Park Road Glenville, NY 12205 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 5,719 |
| Total Mortgage Loan Application Amount | $1,219,405,000 |
| Average Mortgage Loan Application Amount | $189,000 |
| Highest Mortgage Loan Application Amount | $2,025,000 |
| Average Applicant Income | $146,600 |
| Highest Applicant Income | $3,384,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 with Trustco Bank. 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 Trustco Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2023 breaks down Trustco Bank'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 Trustco Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Trustco Bank, 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 Trustco Bank's mortgage activity for 2023.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Albany County New York | 550 | $ 96,750,000 | $ 175,000 | $ 132,000 |
| Orange County Florida | 527 | $ 102,855,000 | $ 195,000 | $ 147,000 |
| Saratoga County New York | 461 | $ 85,405,000 | $ 185,000 | $ 150,000 |
| Schenectady County New York | 421 | $ 65,045,000 | $ 154,000 | $ 106,000 |
| Seminole County Florida | 318 | $ 59,320,000 | $ 186,000 | $ 142,000 |
| Westchester County New York | 318 | $ 69,150,000 | $ 217,000 | $ 219,000 |
| Hillsborough County Florida | 246 | $ 84,700,000 | $ 344,000 | $ 144,000 |
| Sarasota County Florida | 244 | $ 62,220,000 | $ 255,000 | $ 146,000 |
| Rensselaer County New York | 238 | $ 41,060,000 | $ 172,000 | $ 127,000 |
| Pasco County Florida | 192 | $ 88,990,000 | $ 463,000 | $ 180,000 |
| Osceola County Florida | 169 | $ 24,345,000 | $ 144,000 | $ 99,000 |
| Rockland County New York | 148 | $ 35,860,000 | $ 242,000 | $ 194,000 |
| Palm Beach County Florida | 139 | $ 28,005,000 | $ 201,000 | $ 146,000 |
| Lake County Florida | 129 | $ 25,175,000 | $ 195,000 | $ 109,000 |
| Volusia County Florida | 125 | $ 23,545,000 | $ 188,000 | $ 128,000 |
| Manatee County Florida | 116 | $ 39,140,000 | $ 337,000 | $ 198,000 |
| Dutchess County New York | 116 | $ 22,520,000 | $ 194,000 | $ 151,000 |
| Polk County Florida | 105 | $ 11,085,000 | $ 105,000 | $ 93,000 |
| Warren County New York | 101 | $ 16,095,000 | $ 159,000 | $ 123,000 |
| Brevard County Florida | 96 | $ 32,180,000 | $ 335,000 | $ 160,000 |
| Charlotte County Florida | 87 | $ 16,605,000 | $ 190,000 | $ 131,000 |
| Washington County New York | 84 | $ 8,700,000 | $ 103,000 | $ 95,000 |
| Columbia County New York | 65 | $ 10,205,000 | $ 157,000 | $ 131,000 |
| Bergen County New Jersey | 59 | $ 14,835,000 | $ 251,000 | $ 182,000 |
| Putnam County New York | 55 | $ 8,905,000 | $ 161,000 | $ 165,000 |
| Ulster County New York | 54 | $ 14,040,000 | $ 260,000 | $ 152,000 |
| Orange County New York | 50 | $ 14,830,000 | $ 296,000 | $ 202,000 |
| Flagler County Florida | 45 | $ 6,075,000 | $ 135,000 | $ 99,000 |
| Greene County New York | 42 | $ 8,160,000 | $ 194,000 | $ 128,000 |
| Lee County Florida | 41 | $ 9,165,000 | $ 223,000 | $ 129,000 |
| Martin County Florida | 39 | $ 11,275,000 | $ 289,000 | $ 244,000 |
| St. Lucie County Florida | 30 | $ 6,210,000 | $ 207,000 | $ 130,000 |
| Pinellas County Florida | 28 | $ 6,710,000 | $ 239,000 | $ 176,000 |
| Collier County Florida | 26 | $ 9,900,000 | $ 380,000 | $ 347,000 |
| St. Johns County Florida | 25 | $ 12,595,000 | $ 503,000 | $ 222,000 |
| Berkshire County Massachusetts | 25 | $ 3,075,000 | $ 123,000 | $ 104,000 |
| Montgomery County New York | 25 | $ 5,275,000 | $ 211,000 | $ 133,000 |
| Fulton County New York | 21 | $ 3,725,000 | $ 177,000 | $ 132,000 |
| Schoharie County New York | 21 | $ 2,425,000 | $ 115,000 | $ 107,000 |
| Essex County New Jersey | 20 | $ 8,660,000 | $ 433,000 | $ 266,000 |
| Indian River County Florida | 18 | $ 2,100,000 | $ 116,000 | $ 132,000 |
| Sumter County Florida | 16 | $ 2,840,000 | $ 177,000 | $ 135,000 |
| Bennington County Vermont | 15 | $ 1,765,000 | $ 117,000 | $ 105,000 |
| Marion County Florida | 14 | $ 2,700,000 | $ 192,000 | $ 104,000 |
| Passaic County New Jersey | 13 | $ 3,145,000 | $ 241,000 | $ 137,000 |
| Broward County Florida | 6 | $ 1,530,000 | $ 255,000 | $ 275,000 |
| Hudson County New Jersey | 6 | $ 1,990,000 | $ 331,000 | $ 332,000 |
| Morris County New Jersey | 6 | $ 2,190,000 | $ 365,000 | $ 202,000 |
| Essex County New York | 4 | $ 750,000 | $ 187,000 | $ 219,000 |
| Hamilton County New York | 3 | $ 545,000 | $ 181,000 | $ 124,000 |
| Hernando County Florida | 2 | $ 390,000 | $ 195,000 | $ 95,000 |
| Union County New Jersey | 2 | $ 1,210,000 | $ 605,000 | $ 327,000 |
| Bay County Florida | 1 | $ 175,000 | $ 175,000 | $ 242,000 |
| Citrus County Florida | 1 | $ 85,000 | $ 85,000 | $ 136,000 |
| Duval County Florida | 1 | $ 295,000 | $ 295,000 | $ 92,000 |
| Miami-Dade County Florida | 1 | $ 105,000 | $ 105,000 | $ 400,000 |
| Okeechobee County Florida | 1 | $ 35,000 | $ 35,000 | $ 15,000 |
| Gallatin County Montana | 1 | $ 1,705,000 | $ 1,705,000 | $ 0 |
| Somerset County New Jersey | 1 | $ 335,000 | $ 335,000 | $ 137,000 |
| Oneida County New York | 1 | $ 85,000 | $ 85,000 | $ 68,000 |
| Otsego County New York | 1 | $ 55,000 | $ 55,000 | $ 110,000 |
| Suffolk County New York | 1 | $ 25,000 | $ 25,000 | $ 118,000 |
| Rutland County Vermont | 1 | $ 355,000 | $ 355,000 | $ 0 |
| Windham County Vermont | 1 | $ 155,000 | $ 155,000 | $ 24,000 |
Mortgage Loan Application Detail Totals for Trustco Bank in 2023
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 |
|---|---|---|---|---|---|---|
| Other Purpose | 2,086 | $241,890,000 | $115,000 | $1,005,000 | $130,000 | $2,022,000 |
| Home Purchase | 1,827 | $712,105,000 | $389,000 | $1,735,000 | $170,000 | $2,835,000 |
| Cash-out Refinancing | 764 | $134,550,000 | $176,000 | $1,505,000 | $143,000 | $1,351,000 |
| Home Improvement | 650 | $67,310,000 | $103,000 | $805,000 | $138,000 | $2,015,000 |
| Refinancing | 392 | $63,550,000 | $162,000 | $2,025,000 | $152,000 | $3,384,000 |
| 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 | 3,360 | $619,020,000 | $184,000 | $1,605,000 | $147,000 | $3,384,000 |
| Asian | 857 | $301,305,000 | $351,000 | $1,365,000 | $164,000 | $1,057,000 |
| Hispanic | 633 | $94,895,000 | $149,000 | $1,245,000 | $113,000 | $642,000 |
| Not Provided | 614 | $134,330,000 | $218,000 | $1,055,000 | $156,000 | $2,022,000 |
| Black or African American | 159 | $27,705,000 | $174,000 | $1,075,000 | $137,000 | $690,000 |
| Not applicable | 72 | $36,230,000 | $503,000 | $2,025,000 | $0 | $0 |
| American Indian or Alaskan Native | 18 | $4,160,000 | $231,000 | $1,105,000 | $151,000 | $437,000 |
| Native Hawaiian or Other Pacific Islander | 5 | $1,335,000 | $267,000 | $1,005,000 | $278,000 | $948,000 |
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) | 5,705 | $1,215,785,000 | $213,000 | $2,025,000 | $147,000 | $3,384,000 |
| FHA-insured (Federal Housing Administration) | 14 | $3,620,000 | $258,000 | $485,000 | $87,000 | $145,000 |
| 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 | 3,210 | $700,530,000 | $218,000 | $2,025,000 | $160,000 | $2,835,000 |
| Application Denied By Financial Institution | 1,530 | $258,280,000 | $168,000 | $1,735,000 | $108,000 | $1,200,000 |
| Application Withdrawn By Applicant | 612 | $167,480,000 | $273,000 | $1,035,000 | $158,000 | $1,400,000 |
| Application Approved But Not Accepted | 186 | $52,660,000 | $283,000 | $1,505,000 | $180,000 | $3,384,000 |
| File Closed For Incompleteness | 181 | $40,455,000 | $223,000 | $885,000 | $168,000 | $2,022,000 |
| 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 | 4,189 | $961,125,000 | $229,000 | $2,025,000 | $161,000 | $3,384,000 |
| Debt-To-Income Ratio | 784 | $139,930,000 | $178,000 | $1,505,000 | $82,000 | $865,000 |
| Credit History | 484 | $66,980,000 | $138,000 | $1,005,000 | $128,000 | $948,000 |
| Collateral | 144 | $27,100,000 | $188,000 | $1,735,000 | $156,000 | $1,200,000 |
| Other | 69 | $14,665,000 | $212,000 | $1,105,000 | $159,000 | $479,000 |
| Employment History | 25 | $4,045,000 | $161,000 | $485,000 | $88,000 | $173,000 |
| Unverifiable Information | 23 | $3,835,000 | $166,000 | $665,000 | $134,000 | $547,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $1,725,000 | $1,725,000 | $1,725,000 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Trustco Bank's 2023 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 Trustco 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.