M&t Bank Mortgage Rates, Fees & Info

4.2 stars - out of 5 stars, based on 176 reviews

Review & Overview

M&t Bank is a mid-sized bank specializing in Refi, Home Purchase, and Cash Out Refi loans. M&t Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: New York, Buffalo, Washington, Baltimore, and Philadelphia among others. We have data for 629 markets. (Some data included below & more in-depth data is available with an active subscription.)

M&t Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. M&t Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

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SimulatedRates™ Mortgage Type	Simulated Rate	Simulation Date
Home Equity Line of Credit (HELOC)	6.27%	1/25/23
30 Year Conventional Purchase	6.59%	1/25/23
30 Year Conventional Refi	6.59%	1/25/23
30 Year Cash-out Refi	6.81%	1/25/23
30 Year FHA Purchase	7.32%	1/25/23
30 Year FHA Refi	7.10%	1/25/23
30 Year VA Purchase	6.23%	1/25/23
30 Year VA Refi	5.93%	1/25/23
30 Year USDA Purchase	7.10%	1/25/23
30 Year USDA Refi	6.27%	1/25/23
15 Year Conventional Purchase	6.10%	1/25/23
15 Year Conventional Refi	6.22%	1/25/23
15 Year Cash-out Refi	6.22%	1/25/23
15 Year FHA Purchase	7.65%	1/25/23
15 Year FHA Refi	7.01%	1/25/23
15 Year VA Purchase	6.37%	1/25/23
15 Year VA Refi	6.12%	1/25/23
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Originations

30,860

Origination Dollar Volume (All Markets)

$6,587,730,000

Awards