BUFFALO - CHEEKTOWAGA Mortgage Rates

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Buffalo - Cheektowaga averaged 5.5% for the week of 2022-05-19, compared to the national average of 5.25% for the same period.

The average rate for the prior week (2022-05-12) was 5.35% and one month ago for the week of 2022-04-14, the average rate was 5.15%.

Buffalo - Cheektowaga's average rate one year ago was 3.09%.

For refis of the same type during the week of 2022-05-19, the average rate was 5.74%.

Loan Type Date Rate
US 30 Year Fixed Rate 2022-05-19 5.25%
Buffalo - Cheektowaga 30 Year Fixed Rate 2022-05-19 5.5%
Buffalo - Cheektowaga 30 Year Fixed Rate Refi 2022-05-19 5.74%
Buffalo - Cheektowaga 15 Year Fixed Rate 2022-05-19 4.89%
Buffalo - Cheektowaga 15 Year Fixed Rate Refi 2022-05-19 4.64%
Buffalo - Cheektowaga 30 Year FHA 2022-05-19 5.15%
Buffalo - Cheektowaga 30 Year FHA Refi 2022-05-19 5.38%
Buffalo - Cheektowaga 30 Year USDA 2022-05-19 5.57%
Buffalo - Cheektowaga 30 Year USDA Refi 2022-05-19 5.33%
Buffalo - Cheektowaga 30 Year VA 2022-05-19 5.54%
Buffalo - Cheektowaga 30 Year VA Refi 2022-05-19 5.26%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BUFFALO-CHEEKTOWAGA, NY.

BUFFALO - CHEEKTOWAGA Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the BUFFALO-CHEEKTOWAGA, NY market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2021 Avg. 30yFix Rate 2021 Avg. Total Fees
QUICKEN LOANS, LLC 1,435 3.19% $5,234
Manufacturers and Traders Trust Company 1,428 3.12% $3,833
Premium Mortgage Corporation 1,367 3.09% $3,425
KeyBank 1,121 3.06% $3,010
HUNT MORTGAGE CORPORATION 852 3.20% $3,816
1ST PRIORITY MORTGAGE, INC. 817 3.07% $3,702
UNITED WHOLESALE MORTGAGE, LLC 730 3.03% $6,158
Northwest Bank 615 3.04% $4,168
Citizens Bank 369 3.06% $3,861
Bank of America 350 2.60% $2,379
Five Star Bank 317 3.01% $3,839
Wells Fargo Bank 221 3.20% $3,854
CALIBER HOME LOANS, INC. 207 3.07% $5,477
NEWREZ LLC 190 3.15% $4,598
HOME POINT FINANCIAL CORPORATION 189 3.01% $4,742
Mr. Cooper ( Nationstar Mortgage ) 189 3.42% $5,192
OWNERSCHOICE FUNDING, INCORPORATED 175 3.12% $3,166
PRIMELENDING, A PLAINSCAPITAL COMPANY 157 3.35% $4,038
LOANDEPOT.COM, LLC 145 3.03% $4,646
MOVEMENT MORTGAGE, LLC 130 3.15% $4,261
SEFCU SERVICES, LLC 106 3.07% $2,699
HOMESTEAD FUNDING CORP. 97 3.18% $3,771
JPMorgan Chase Bank 85 3.12% $3,486
CROSSCOUNTRY MORTGAGE, LLC 85 3.16% $5,573
Community Bank 84 3.61% $915
NVR Mortgage Finance, Inc. 82 3.02% $6,615
HSBC BANK USA, NATIONAL ASSOCIATION 76 2.81% $4,114
AMERICAN FINANCIAL NETWORK, INC. 64 3.25% $11,263
EVERETT FINANCIAL, INC. 64 3.49% $2,586
PARAGON HOME LOANS INC. 62 3.09% $3,752
BETTER MORTGAGE CORPORATION 55 2.96% $4,951
CNB Bank 55 3.00% $4,817
PLAZA HOME MORTGAGE, INC. 53 3.00% $6,004
THE SUMMIT Federal Credit Union 52 3.18% $2,487
ROYAL UNITED MORTGAGE LLC 46 3.71% $6,755
FREEDOM MORTGAGE CORPORATION 44 3.23% $6,202
Flagstar Bank, FSB 44 3.26% $4,524
BUFFALO METROPOLITAN FEDERAL CREDIT UNION 39 3.29% $2,899
HOME TOWN FUNDING, INC. 30 3.12% $3,252
NAVY FEDERAL CREDIT UNION 29 3.71% $4,410
Citibank 29 3.09% $4,522
Quontic Bank 29 5.73% $9,276
TD Bank 24 3.04% $4,293
ONTARIO SHORES 24 3.24% $2,355
GREATER WOODLAWN FEDERAL CREDIT UNION 22 3.15% $3,323
GUARANTEED RATE, INC. 21 3.12% $4,311
U.S. Bank 21 2.91% $2,829
GUIDANCE RESIDENTIAL, LLC 20 3.07% $4,589
Discover Bank 18 4.83% $0
RELIANCE FIRST CAPITAL, LLC 18 3.36% $7,528
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 17 3.21% $5,255
UIF CORPORATION 14 3.16% $5,397
InterContinental Capital Group, Inc 14 3.43% $6,542
AMERICAN FINANCING CORPORATION 13 3.08% $4,731
Empower Federal Credit Union 13 3.13% $3,462
NATIONWIDE MORTGAGE BANKERS, INC. 12 3.19% $7,306
PENTAGON FEDERAL CREDIT UNION 12 2.90% $2,889
First Savings Bank 11 2.98% $6,057
Carrington Mortgage Services, LLC 11 3.40% $4,186
PHH Mortgage Corporation 11 3.48% $6,964
North American Savings Bank, F.S.B. 11 2.99% $3,344
FINANCE OF AMERICA MORTGAGE LLC 11 2.98% $5,942
Genesee Regional Bank 10 3.23% $4,281
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP 9 3.28% $4,883
SUN WEST MORTGAGE COMPANY, INC. 9 3.11% $7,862
EMBRACE HOME LOANS, INC. 8 3.20% $4,971
A&D Mortgage LLC 7 4.57% $13,397
HOMEBRIDGE FINANCIAL SERVICES, INC. 7 3.32% $6,659
NBKC BANK 7 3.16% $3,203
RBC Bank, (Georgia) 6 3.31% $2,258
DIGITAL Federal Credit Union 6 3.04% $5,713
MID-ISLAND MORTGAGE CORP. 6 3.15% $3,311
NIAGARA'S CHOICE 6 3.06% $2,740
PNC Bank 6 3.15% $3,413
SIRVA MORTGAGE, INC. 6 2.88% $1,746
UNITED MORTGAGE CORP. 6 3.27% $6,384
Baxter Credit Union 5 2.98% $4,780
TIAA, FSB 5 2.85% $974
ROUNDPOINT MORTGAGE SERVICING CORPORATION 5 3.48% $4,399
FIRST ALLIANCE HOME MORTGAGE, LLC 5 3.05% $3,395
Bethpage Federal Credit Union 5 3.20% $5,438
Mortgage Research Center, LLC 4 3.09% $5,326
The Federal Savings Bank 4 3.31% $6,875
LAND HOME FINANCIAL SERVICES, INC. 4 3.53% $3,492
FM Home Loans, LLC 4 3.81% $5,606
FirstBank 4 2.97% $3,257
Stifel Bank and Trust 4 2.66% $3,713
First Internet Bank of Indiana 4 2.97% $3,075
TOTAL MORTGAGE SERVICES, LLC 4 3.22% $5,088
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 3 3.29% $5,727
Paramount Bank 3 3.00% $4,944
AMERICU Credit Union 3 3.38% $4,038
MLD MORTGAGE INC. 3 2.72% $4,731
ARC HOME LLC 3 3.00% $8,834
FAMILY FIRST FUNDING LLC 3 3.58% $8,803
City National Bank 3 2.59% $5,044
Santander Bank, N.A. 3 3.17% $3,727
CCFCU FUNDING, LLC 3 2.83% $3,658
Barrington Bank & Trust Company, N.A. 3 3.29% $6,307
Charles Schwab Bank, SSB 3 2.56% $5,357
CONTOUR MORTGAGE CORPORATION 3 2.96% $7,810
ALLIED MORTGAGE GROUP, INC. 3 3.46% $7,513
PARKSIDE LENDING, LLC 3 3.50% $5,571
Bank of England 2 3.13% $8,422
Goldman Sachs Bank USA 2 2.75% $5,070
First Federal Bank 2 3.00% $4,029
INTERSTATE HOME LOAN CENTER, INC. 2 3.56% $6,955
Bank of Whittier 2 3.10% $5,116
Leader Bank 2 2.69% $3,818
Metro City Bank 2 4.95% $7,428
Mortgage World Bankers, Inc. 2 3.13% $7,116
Atlantic Home Loans, Inc. 2 3.38% $5,570
NASA Federal Credit Union 2 3.13% $4,842
Farm Credit East, ACA 2 3.50% $10,632
NETWORK CAPITAL FUNDING CORPORATION 2 3.81% $5,434
CREDIT UNION MORTGAGE ASSOCIATION, INC. 2 3.06% $5,984
Plains Commerce Bank 2 3.44% $3,098
PREMIA MORTGAGE, LLC 2 3.06% $448
COMMONFUND MORTGAGE CORP. 2 3.00% $3,093
RELIANT COMMUNITY FEDERAL CREDIT UNION 2 3.75% $2,439
RESIDENTIAL MORTGAGE SERVICES, INC. 2 2.94% $2,913
TEACHERS 2 3.31% $3,595
Third Federal Savings and Loan Association of Cleveland 2 2.72% $4,029
Truist Bank 2 3.24% $3,207
Operating Engineers Local Union #3 1 2.25% $5,109
AMERICAN HERITAGE FCU 1 2.98% $4,446
EQUITY NOW INC. 1 2.88% $7,110
Axos Bank 1 2.75% $3,489
Magnolia Bank 1 2.75% $3,893
Elements Financial Federal Credit Union 1 2.88% $3,936
United Nations Federal Credit Union 1 3.00% $3,937
ADVANCIAL 1 2.75% $3,756
CORNING 1 2.88% $6,635
Webster Bank 1 3.13% $3,329
Popular Bank 1 3.13% $3,151
USAA Federal Savings Bank 1 3.13% $4,735
AMERICAN FEDERAL MORTGAGE CORPORATION 1 3.13% $3,568
LENOX FINANCIAL MORTGAGE CORPORATION 1 3.38% $7,324
Allied First Bank,sb 1 2.88% $3,044
Kwik Mortgage Corporation 1 3.75% $3,875
QUORUM FEDERAL CREDIT UNION 1 3.50% $4,352
Chemung Canal Trust Company 1 3.13% $2,341
GUARANTEED RATE AFFINITY, LLC 1 3.25% $2,654
First Western Trust Bank 1 3.49% $3,566
RESIDENTIAL HOME FUNDING CORP. 1 3.50% $8,719
BOND STREET MORTGAGE, LLC 1 2.88% $4,036
JET DIRECT FUNDING CORP 1 3.25% $6,589
WESCOM CENTRAL CREDIT UNION 1 3.00% $3,897
Fifth Third Bank 1 2.88% $4,539
ALLIANT CREDIT UNION 1 2.88% $5,522
SHARONVIEW FEDERAL CREDIT UNION 1 3.38% $1,770
Cincinnati Federal 1 2.88% $3,741
INLAND BANK & TRUST 1 3.75% $4,695
CMG MORTGAGE, INC. 1 2.88% $3,856
CLIFFCO, INC. 1 3.50% $4,412
FIRST TECHNOLOGY 1 3.50% $13,139
TEG Federal Credit Union 1 3.13% $2,782
HUDSON VALLEY CREDIT UNION 1 3.25% $4,088
The Lyons National Bank 1 3.63% $5,983
BNC National Bank 1 3.38% $2,954
The Union Bank Company 1 3.25% $4,079
First Home Bank 1 3.25% $3,410
THRIVENT Federal Credit Union 1 3.13% $2,384
BNY Mellon 1 3.13% $4,286
HARTFORD FUNDING, LTD. 1 3.00% $11,786
First National Bank of America 1 7.50% $9,861
UBS Bank USA 1 3.38% $4,866
Citizens & Northern Bank 1 3.13% $8,305
FAMILY FIRST OF NY 1 3.13% $3,583
ATLANTA POSTAL 1 3.13% $2,252
First Federal Bank of Kansas City 1 2.63% $3,456
Morgan Stanley Private Bank 1 2.70% $3,932
VAN DYK MORTGAGE CORPORATION 1 3.63% $4,977
Evolve Bank & Trust 1 3.25% $4,800
NORTHROP GRUMMAN Federal Credit Union 1 3.00% $4,783
UTILITIES EMPLOYEES CREDIT UNION 1 3.38% $3,162
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 4.38% $5,456
Equity Prime Mortgage LLC 1 3.13% $6,363

BUFFALO-CHEEKTOWAGA, NY's 178 lenders originated 33,501 loans during 2021. The total origination value was $6,649,275,000, with an average loan value of $198,480.

The top BUFFALO - CHEEKTOWAGA lender as defined by loan originations is QUICKEN LOANS, LLC, with 1,435 loans originated. Their average total fees are $5,234, which is $1,400 higher than the next largest lender, Manufacturers and Traders Trust Company.

The lowest fee BUFFALO - CHEEKTOWAGA lenders (with over 10 loans originated) are Discover Bank ($0), Community Bank ($915), ONTARIO SHORES ($2,355), Bank of America ($2,379) and THE SUMMIT Federal Credit Union ($2,487).

The lowest rate BUFFALO - CHEEKTOWAGA lenders (with over 10 loans originated) are Bank of America (2.60%), HSBC BANK USA, NATIONAL ASSOCIATION (2.81%), PENTAGON FEDERAL CREDIT UNION (2.90%), U.S. Bank (2.91%) and BETTER MORTGAGE CORPORATION (2.96%).

BUFFALO-CHEEKTOWAGA, NY Lender Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2020 Loan Value 2021 Loan Value % Change 2021 Market Share
Manufacturers and Traders Trust Company $746,030,000 $770,230,000 3.2% 11.6%
QUICKEN LOANS, LLC $496,105,000 $690,065,000 39.1% 10.4%
KeyBank $540,585,000 $687,500,000 27.2% 10.3%
Premium Mortgage Corporation $429,690,000 $459,195,000 6.9% 6.9%
Northwest Bank $331,525,000 $329,415,000 -0.6% 5.0%
Citizens Bank $215,750,000 $311,205,000 44.2% 4.7%
UNITED WHOLESALE MORTGAGE, LLC $109,480,000 $261,740,000 139.1% 3.9%
HUNT MORTGAGE CORPORATION $237,715,000 $253,735,000 6.7% 3.8%
1ST PRIORITY MORTGAGE, INC. $203,520,000 $224,325,000 10.2% 3.4%
Five Star Bank $213,660,000 $195,905,000 -8.3% 2.9%
Evans Bank $128,820,000 $159,760,000 24.0% 2.4%
M&T Realty Capital Corporation $11,670,000 $157,365,000 1,248.5% 2.4%
Mr. Cooper ( Nationstar Mortgage ) $108,490,000 $120,445,000 11.0% 1.8%
Bank of America $92,030,000 $113,950,000 23.8% 1.7%
Wells Fargo Bank $61,900,000 $108,335,000 75.0% 1.6%
CNB Bank $92,035,000 $88,155,000 -4.2% 1.3%
NEWREZ LLC $35,460,000 $79,590,000 124.5% 1.2%
OWNERSCHOICE FUNDING, INCORPORATED $86,480,000 $67,030,000 -22.5% 1.0%
LOANDEPOT.COM, LLC $59,655,000 $63,495,000 6.4% 1.0%
CALIBER HOME LOANS, INC. $60,015,000 $63,130,000 5.2% 0.9%
HOME POINT FINANCIAL CORPORATION $53,885,000 $62,865,000 16.7% 0.9%
FREEDOM MORTGAGE CORPORATION $36,175,000 $53,900,000 49.0% 0.8%
Lake Shore Savings Bank $53,640,000 $53,730,000 0.2% 0.8%
Community Bank $23,245,000 $48,815,000 110.0% 0.7%
PRIMELENDING, A PLAINSCAPITAL COMPANY $44,695,000 $47,940,000 7.3% 0.7%
MOVEMENT MORTGAGE, LLC $43,365,000 $45,045,000 3.9% 0.7%
COREVEST AMERICAN FINANCE LENDER LLC $42,710,000 n/a 0.6%
Alden State Bank $35,340,000 $40,845,000 15.6% 0.6%
SEFCU SERVICES, LLC $42,875,000 $39,525,000 -7.8% 0.6%
CROSSCOUNTRY MORTGAGE, LLC $4,755,000 $38,910,000 718.3% 0.6%
ALLIANT CREDIT UNION $1,040,000 $38,620,000 3,613.5% 0.6%
JPMorgan Chase Bank $17,955,000 $36,555,000 103.6% 0.5%
HSBC BANK USA, NATIONAL ASSOCIATION $44,315,000 $33,375,000 -24.7% 0.5%
AMERICAN FINANCIAL NETWORK, INC. $27,095,000 $33,365,000 23.1% 0.5%
HOMESTEAD FUNDING CORP. $37,700,000 $32,290,000 -14.4% 0.5%
BETTER MORTGAGE CORPORATION $6,355,000 $31,060,000 388.7% 0.5%
NVR Mortgage Finance, Inc. $25,815,000 $28,865,000 11.8% 0.4%
THE SUMMIT Federal Credit Union $32,245,000 $28,140,000 -12.7% 0.4%
The Bank of Castile $25,970,000 $27,160,000 4.6% 0.4%
WALKER & DUNLOP, LLC $6,355,000 $25,830,000 306.5% 0.4%
Mortgage Research Center, LLC $14,830,000 $25,390,000 71.2% 0.4%
Liberty Bank $25,360,000 n/a 0.4%
NAVY FEDERAL CREDIT UNION $21,365,000 $25,280,000 18.3% 0.4%
PLAZA HOME MORTGAGE, INC. $30,650,000 $23,975,000 -21.8% 0.4%
Bank of Holland $15,720,000 $23,785,000 51.3% 0.4%
PARAGON HOME LOANS INC. $21,885,000 $21,975,000 0.4% 0.3%
EVERETT FINANCIAL, INC. $80,650,000 $21,445,000 -73.4% 0.3%
STATE EMPLOYEES FEDERAL CREDIT UNION $12,550,000 $20,090,000 60.1% 0.3%
USAA Federal Savings Bank $23,655,000 $16,940,000 -28.4% 0.3%
St Joseph's Parish Buffalo Federal Credit Union $7,935,000 $14,480,000 82.5% 0.2%
Carrington Mortgage Services, LLC $17,995,000 $14,170,000 -21.3% 0.2%
PENTAGON FEDERAL CREDIT UNION $6,125,000 $14,165,000 131.3% 0.2%
RELIANCE FIRST CAPITAL, LLC $10,570,000 $13,380,000 26.6% 0.2%
BUFFALO METROPOLITAN FEDERAL CREDIT UNION $11,615,000 n/a 0.2%
ROYAL UNITED MORTGAGE LLC $7,800,000 $11,525,000 47.8% 0.2%
Flagstar Bank, FSB $10,985,000 $11,310,000 3.0% 0.2%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $4,805,000 $10,335,000 115.1% 0.2%
TD Bank $6,505,000 $10,015,000 54.0% 0.2%
Citibank $7,260,000 $9,850,000 35.7% 0.1%
ONTARIO SHORES $14,750,000 $9,795,000 -33.6% 0.1%
GREYSTONE SERVICING COMPANY LLC $23,570,000 $9,620,000 -59.2% 0.1%
FINANCE OF AMERICA MORTGAGE LLC $1,750,000 $9,410,000 437.7% 0.1%
The Federal Savings Bank $9,700,000 $8,975,000 -7.5% 0.1%
HOME TOWN FUNDING, INC. $6,880,000 $8,490,000 23.4% 0.1%
Barrington Bank & Trust Company, N.A. $7,295,000 $8,305,000 13.8% 0.1%
Empower Federal Credit Union $27,205,000 $7,880,000 -71.0% 0.1%
U.S. Bank $7,850,000 $7,750,000 -1.3% 0.1%
The Upstate National Bank $5,405,000 $7,645,000 41.4% 0.1%
Quontic Bank $320,000 $6,990,000 2,084.4% 0.1%
GUARANTEED RATE, INC. $5,720,000 $6,545,000 14.4% 0.1%
PNC Bank $2,250,000 $6,420,000 185.3% 0.1%
CAPITAL COMMUNICATIONS Federal Credit Union $265,000 $6,355,000 2,298.1% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $595,000 $5,855,000 884.0% 0.1%
InterContinental Capital Group, Inc $1,825,000 $5,420,000 197.0% 0.1%
NIAGARA'S CHOICE $4,150,000 $5,395,000 30.0% 0.1%
GUIDANCE RESIDENTIAL, LLC $3,315,000 $5,315,000 60.3% 0.1%
Discover Bank $4,415,000 $5,300,000 20.0% 0.1%
GREATER WOODLAWN FEDERAL CREDIT UNION $5,250,000 $5,280,000 0.6% 0.1%
Ukrainian Federal Credit Union $2,585,000 $5,220,000 101.9% 0.1%
North American Savings Bank, F.S.B. $4,005,000 $4,895,000 22.2% 0.1%
Third Federal Savings and Loan Association of Cleveland $3,375,000 $4,815,000 42.7% 0.1%
PHH Mortgage Corporation $2,770,000 $4,390,000 58.5% 0.1%
EMBRACE HOME LOANS, INC. $4,110,000 $4,220,000 2.7% 0.1%
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $7,855,000 $3,915,000 -50.2% 0.1%
Genesee Regional Bank $3,730,000 $3,890,000 4.3% 0.1%
First Savings Bank $3,635,000 $3,825,000 5.2% 0.1%
AMERICAN FINANCING CORPORATION $1,010,000 $3,810,000 277.2% 0.1%
NBKC BANK $2,080,000 $3,630,000 74.5% 0.1%
Baxter Credit Union $160,000 $3,495,000 2,084.4% 0.1%
Cattaraugus County Bank $6,355,000 $3,475,000 -45.3% 0.1%
LIMA ONE CAPITAL, LLC $190,000 $3,440,000 1,710.5% 0.1%
LENDINGHOME FUNDING CORPORATION $825,000 $3,190,000 286.7% 0.0%
First Federal Bank $3,015,000 $3,065,000 1.7% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $4,100,000 $3,045,000 -25.7% 0.0%
Financial Trust $810,000 $3,025,000 273.5% 0.0%
UIF CORPORATION $475,000 $2,970,000 525.3% 0.0%
Charles Schwab Bank, SSB $145,000 $2,965,000 1,944.8% 0.0%
A&D Mortgage LLC $2,895,000 n/a 0.0%
VELOCITY COMMERCIAL CAPITAL, LLC $1,010,000 $2,770,000 174.3% 0.0%
CONSTRUCTIVE LOANS, LLC $2,730,000 n/a 0.0%
NATIONWIDE MORTGAGE BANKERS, INC. $1,620,000 $2,640,000 63.0% 0.0%
Chemung Canal Trust Company $2,585,000 n/a 0.0%
First Internet Bank of Indiana $1,070,000 $2,400,000 124.3% 0.0%
UNITED MORTGAGE CORP. $895,000 $2,270,000 153.6% 0.0%
AMERICAN ADVISORS GROUP $1,635,000 $2,230,000 36.4% 0.0%
SIRVA MORTGAGE, INC. $4,605,000 $2,215,000 -51.9% 0.0%
21ST MORTGAGE CORPORATION $2,165,000 $2,070,000 -4.4% 0.0%
S&T Bank $2,130,000 $2,065,000 -3.1% 0.0%
Cornerstone Community Federal Credit Union $15,250,000 $2,050,000 -86.6% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $475,000 $1,985,000 317.9% 0.0%
City National Bank $1,905,000 n/a 0.0%
DIGITAL Federal Credit Union $385,000 $1,900,000 393.5% 0.0%
ROUNDPOINT MORTGAGE SERVICING CORPORATION $1,860,000 n/a 0.0%
Equity Prime Mortgage LLC $2,360,000 $1,810,000 -23.3% 0.0%
TIAA, FSB $3,595,000 $1,745,000 -51.5% 0.0%
Truist Bank $1,480,000 $1,565,000 5.7% 0.0%
Goldman Sachs Bank USA $765,000 $1,510,000 97.4% 0.0%
Stifel Bank and Trust $620,000 $1,510,000 143.5% 0.0%
LENDINGONE, LLC $430,000 $1,495,000 247.7% 0.0%
FAMILY FIRST OF NY $2,475,000 $1,480,000 -40.2% 0.0%
PLANET HOME LENDING, LLC $1,315,000 $1,480,000 12.5% 0.0%
FINANCE OF AMERICA COMMERCIAL LLC $3,530,000 $1,425,000 -59.6% 0.0%
RBC Bank, (Georgia) $835,000 $1,420,000 70.1% 0.0%
MLD MORTGAGE INC. $265,000 $1,340,000 405.7% 0.0%
The Lyons National Bank $3,815,000 $1,335,000 -65.0% 0.0%
ARC HOME LLC $1,075,000 $1,310,000 21.9% 0.0%
Metro City Bank $690,000 $1,275,000 84.8% 0.0%
FirstBank $1,250,000 n/a 0.0%
Pinnacle Bank $1,205,000 n/a 0.0%
CCFCU FUNDING, LLC $135,000 $1,160,000 759.3% 0.0%
Bethpage Federal Credit Union $1,175,000 $1,150,000 -2.1% 0.0%
MID-ISLAND MORTGAGE CORP. $1,780,000 $1,150,000 -35.4% 0.0%
Santander Bank, N.A. $1,285,000 $1,105,000 -14.0% 0.0%
Farm Credit East, ACA $2,665,000 $1,100,000 -58.7% 0.0%
Mercer County State Bank $1,095,000 n/a 0.0%
REVERSE MORTGAGE FUNDING LLC $380,000 $1,095,000 188.2% 0.0%
AMERICU Credit Union $670,000 $1,060,000 58.2% 0.0%
CONTOUR MORTGAGE CORPORATION $380,000 $1,060,000 178.9% 0.0%
Bank of England $1,650,000 $1,030,000 -37.6% 0.0%
NETWORK CAPITAL FUNDING CORPORATION $155,000 $1,015,000 554.8% 0.0%
TOTAL MORTGAGE SERVICES, LLC $600,000 $1,015,000 69.2% 0.0%
Visio Financial Services Inc. $1,595,000 $1,005,000 -37.0% 0.0%
Generations Bank $925,000 $990,000 7.0% 0.0%
LENDSURE MORTGAGE CORP. $985,000 n/a 0.0%
ALLIED MORTGAGE GROUP, INC. $255,000 $950,000 272.5% 0.0%
First National Bank of America $950,000 n/a 0.0%
Fifth Third Bank $925,000 n/a 0.0%
Hometown Equity Mortgage, LLC $910,000 n/a 0.0%
FIRST ALLIANCE HOME MORTGAGE, LLC $885,000 n/a 0.0%
QUORUM FEDERAL CREDIT UNION $420,000 $865,000 106.0% 0.0%
PREMIA MORTGAGE, LLC $1,065,000 $860,000 -19.2% 0.0%
TEACHERS $1,550,000 $845,000 -45.5% 0.0%
GUARANTEED RATE AFFINITY, LLC $825,000 n/a 0.0%
Plains Commerce Bank $440,000 $825,000 87.5% 0.0%
Valley Central Bank $810,000 n/a 0.0%
Paramount Bank $445,000 $795,000 78.7% 0.0%
FM Home Loans, LLC $365,000 $780,000 113.7% 0.0%
ORIX REAL ESTATE CAPITAL, LLC $88,250,000 $735,000 -99.2% 0.0%
TRIAD FINANCIAL SERVICES, INC. $570,000 $735,000 28.9% 0.0%
FAMILY FIRST FUNDING LLC $430,000 $730,000 69.8% 0.0%
First Federal Bank of Kansas City $720,000 n/a 0.0%
BNY Mellon $715,000 n/a 0.0%
Northwest Bank $331,525,000 $715,000 -99.8% 0.0%
FIRST CREDIT CORPORATION OF NEW YORK, INC. $440,000 $710,000 61.4% 0.0%
LAND HOME FINANCIAL SERVICES, INC. $2,605,000 $670,000 -74.3% 0.0%
RESIDENTIAL HOME FUNDING CORP. $920,000 $665,000 -27.7% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $1,980,000 $645,000 -67.4% 0.0%
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. $230,000 $620,000 169.6% 0.0%
UBS Bank USA $2,155,000 $590,000 -72.6% 0.0%
Leader Bank $560,000 n/a 0.0%
CORNING $2,395,000 $555,000 -76.8% 0.0%
NASA Federal Credit Union $555,000 n/a 0.0%
UNITED NORTHERN MORTGAGE BANKERS LIMITED $555,000 n/a 0.0%
PARKSIDE LENDING, LLC $1,910,000 $550,000 -71.2% 0.0%
Mortgage World Bankers, Inc. $530,000 n/a 0.0%
Magnolia Bank $1,235,000 $515,000 -58.3% 0.0%
Morgan Stanley Private Bank $2,655,000 $515,000 -80.6% 0.0%
COMMONFUND MORTGAGE CORP. $510,000 n/a 0.0%
The Union Bank Company $1,230,000 $500,000 -59.3% 0.0%
FIRST TECHNOLOGY $495,000 n/a 0.0%
First Home Bank $2,685,000 $490,000 -81.8% 0.0%
INTERSTATE HOME LOAN CENTER, INC. $490,000 n/a 0.0%
GENESEE VALLEY $115,000 $460,000 300.0% 0.0%
FINANCE OF AMERICA REVERSE LLC $465,000 $445,000 -4.3% 0.0%
Citizens & Northern Bank $435,000 $440,000 1.1% 0.0%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $310,000 $440,000 41.9% 0.0%
Northpointe Bank $1,305,000 $440,000 -66.3% 0.0%
Axos Bank $430,000 n/a 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $225,000 $430,000 91.1% 0.0%
First Horizon Bank $425,000 n/a 0.0%
SILVER HILL FUNDING, LLC $205,000 $425,000 107.3% 0.0%
WINGS FINANCIAL $270,000 $425,000 57.4% 0.0%
RELIANT COMMUNITY FEDERAL CREDIT UNION $405,000 $420,000 3.7% 0.0%
DOMINION FINANCIAL SERVICES, LLC $135,000 $410,000 203.7% 0.0%
Valley National Bank $85,000 $400,000 370.6% 0.0%
JET DIRECT FUNDING CORP $395,000 n/a 0.0%
Elements Financial Federal Credit Union $385,000 n/a 0.0%
AmRes Corporation $370,000 n/a 0.0%
NORTHROP GRUMMAN Federal Credit Union $550,000 $370,000 -32.7% 0.0%
Sierra Pacific Mortgage Company, Inc. $235,000 $370,000 57.4% 0.0%
SELF RELIANCE NY Federal Credit Union $365,000 n/a 0.0%
THRIVENT Federal Credit Union $360,000 n/a 0.0%
BNC National Bank $375,000 $345,000 -8.0% 0.0%
EQUITY NOW INC. $345,000 $345,000 0.0% 0.0%
FIRST SOURCE $335,000 n/a 0.0%
First State Bank $335,000 n/a 0.0%
UTILITIES EMPLOYEES CREDIT UNION $1,140,000 $330,000 -71.1% 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $315,000 n/a 0.0%
HARTFORD FUNDING, LTD. $315,000 n/a 0.0%
BOND STREET MORTGAGE, LLC $295,000 n/a 0.0%
Pathfinder Bank $295,000 n/a 0.0%
KINECTA $275,000 n/a 0.0%
Atlantic Home Loans, Inc. $270,000 n/a 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $260,000 n/a 0.0%
RESIDENTIAL MORTGAGE SERVICES, INC. $1,185,000 $260,000 -78.1% 0.0%
Allied First Bank,sb $255,000 n/a 0.0%
Cincinnati Federal $255,000 n/a 0.0%
HUDSON VALLEY CREDIT UNION $105,000 $255,000 142.9% 0.0%
Bank of Whittier $660,000 $250,000 -62.1% 0.0%
Southwest Airlines Federal Credit Union $240,000 n/a 0.0%
Nassau Educators Federal Credit Union $235,000 n/a 0.0%
Seneca Savings $155,000 $235,000 51.6% 0.0%
ATLANTA POSTAL $230,000 n/a 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $335,000 $225,000 -32.8% 0.0%
Evolve Bank & Trust $225,000 n/a 0.0%
Kwik Mortgage Corporation $225,000 n/a 0.0%
LENOX FINANCIAL MORTGAGE CORPORATION $215,000 n/a 0.0%
AMERICAN FEDERAL MORTGAGE CORPORATION $425,000 $205,000 -51.8% 0.0%
APCI Federal Credit Union $195,000 n/a 0.0%
JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. $195,000 n/a 0.0%
WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION $225,000 $195,000 -13.3% 0.0%
AMERICAN HERITAGE FCU $185,000 n/a 0.0%
Shamrock Home Loans, Inc. $180,000 n/a 0.0%
Armed Forces Bank $175,000 n/a 0.0%
ABSOLUTE HOME MORTGAGE CORPORATION $165,000 n/a 0.0%
SUNMARK FEDERAL CREDIT UNION $155,000 $165,000 6.5% 0.0%
Operating Engineers Local Union #3 $155,000 n/a 0.0%
Bank-Fund Staff Federal Credit Union $145,000 n/a 0.0%
CLIFFCO, INC. $285,000 $145,000 -49.1% 0.0%
United Nations Federal Credit Union $145,000 n/a 0.0%
Abacus Federal Savings Bank $135,000 n/a 0.0%
BLUELEAF LENDING, LLC $315,000 $135,000 -57.1% 0.0%
First Western Trust Bank $135,000 n/a 0.0%
INLAND BANK & TRUST $135,000 n/a 0.0%
SHARONVIEW FEDERAL CREDIT UNION $135,000 n/a 0.0%
Webster Bank $135,000 $135,000 0.0% 0.0%
WESCOM CENTRAL CREDIT UNION $135,000 n/a 0.0%
ADVANCIAL $125,000 n/a 0.0%
CMG MORTGAGE, INC. $125,000 n/a 0.0%
Popular Bank $575,000 $125,000 -78.3% 0.0%
VAN DYK MORTGAGE CORPORATION $185,000 $125,000 -32.4% 0.0%
TEG Federal Credit Union $115,000 n/a 0.0%
Atlantic Union Bank $325,000 $105,000 -67.7% 0.0%
Cathay Bank $105,000 n/a 0.0%
Secured Investment Corp. $105,000 n/a 0.0%
ALLEGACY FEDERAL CREDIT UNION $215,000 $95,000 -55.8% 0.0%
Centier Bank $175,000 $95,000 -45.7% 0.0%
Ballston Spa National Bank $50,000 $85,000 70.0% 0.0%
SERVU FEDERAL CREDIT UNION $75,000 n/a 0.0%
GREENWOOD $70,000 n/a 0.0%
American Airlines Federal Credit Union $170,000 $65,000 -61.8% 0.0%
STAR USA FEDERAL CREDIT UNION $65,000 n/a 0.0%
State Department Federal Credit Union $385,000 $55,000 -85.7% 0.0%
SUFFOLK $55,000 n/a 0.0%
Connexus Credit Union $45,000 n/a 0.0%
FOUR POINTS $45,000 n/a 0.0%
BayCoast Bank $70,000 $35,000 -50.0% 0.0%
COUNTRYSIDE Federal Credit Union $185,000 $30,000 -83.8% 0.0%
FEDEX EMPLOYEES CREDIT ASSOCIATION $25,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $395,000 $25,000 -93.7% 0.0%

BUFFALO - CHEEKTOWAGA's top lender by overall market share is Manufacturers and Traders Trust Company, with 11.6% market share. In second place, with 10.4%, is QUICKEN LOANS, LLC, having originated $690,065,000 in loans. In third place, with 10.3%, is KeyBank, having originated $687,500,000 in loans. In third place, with 6.9%, is Premium Mortgage Corporation, having originated $459,195,000 in loans. In third place, with 5.0%, is Northwest Bank, having originated $329,415,000 in loans.


BUFFALO-CHEEKTOWAGA, NY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 12,741 $2,840,155,000 $222,915
Refi 9,470 $2,034,380,000 $214,824
Cash Out Refi 7,326 $1,392,710,000 $190,105
Home Improvement 2,555 $231,835,000 $90,738
Other 1,406 $149,770,000 $106,522
NA 3 $425,000 $141,667

Buffalo - Cheektowaga's most frequently cited loan purpose was Home Purchase, with 12,741 originations. The 2nd most popular reason was Refi, with 9,470 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
2.5-3% 12,671 $2,487,985,000 $196,353
3-4% 11,431 $2,323,285,000 $203,244
<2.5% 5,294 $926,830,000 $175,072
4-5% 1,643 $300,675,000 $183,004
5-6% 614 $71,310,000 $116,140
6-7% 429 $40,155,000 $93,601
7-8% 183 $9,625,000 $52,596
Over 8% 98 $7,550,000 $77,041

During 2021, Buffalo - Cheektowaga's most frequently originated rate bucket was 2.5-3%, with 12,671 originations.

Loan Sizing (BUFFALO-CHEEKTOWAGA, NY MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 15,475 $2,266,665,000 $146,473
$200k-400k 9,437 $2,522,335,000 $267,281
$100,000 or less 7,109 $445,745,000 $62,702
$400k-600k 1,163 $545,465,000 $469,015
$600k-1000k 205 $152,795,000 $745,341
$Over $1MM 112 $716,270,000 $6,395,268

BUFFALO - CHEEKTOWAGA's loan sizing saw the bucket of loans from $100k-200k with 15,475 originations, totaling $2,266,665,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
60-80% 10,892 $2,492,690,000 $228,855
80-100% 10,644 $2,292,010,000 $215,334
40-60% 5,394 $850,010,000 $157,584
20-40% 3,279 $321,695,000 $98,108
Under 20% 1,735 $75,305,000 $43,403
Over 100% 158 $77,960,000 $493,418

BUFFALO - CHEEKTOWAGA's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 10,892 originations, totaling $2,492,690,000 in origination value.