Chemung Canal Trust Company mortgage approval rate & lending review
Chemung Canal Trust Company decided 336 mortgage applications and funded 244 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Chemung Canal Trust Company reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Chemung Canal Trust Company at a glance
Approval is 5.6 points above the 81.6% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 94% | 154 / 164 | 84% | $285K | 130 |
| Cash-out refinance | 75% | 50 / 67 | 92% | $165K | 46 |
| Investment property purchase | 94% | 48 / 51 | 73% | $145K | 35 |
| Investment cash-out refinance | 71% | 20 / 28 | 75% | $255K | 15 |
Chemung Canal Trust Company lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 87% | $285K | 321 | 233 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Chemung Canal Trust Company lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Saratoga County, NY | Mortgage lenders | 98% | 41 | 37 |
| Albany County, NY | Mortgage lenders | 97% | 33 | 24 |
| Tompkins County, NY | Mortgage lenders | 86% | 29 | 19 |
The county markets where Chemung Canal Trust Company made the most loans. Each link opens that market with every lender ranked.
Questions about Chemung Canal Trust Company
What is Chemung Canal Trust Company's mortgage approval rate?
Chemung Canal Trust Company approved 87.2% of the 336 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 5.6 points above the 81.6% national rate for the same mix of loan types.
How often do borrowers take the loan Chemung Canal Trust Company offers?
Borrowers accepted 83% of the loans Chemung Canal Trust Company approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Chemung Canal Trust Company make?
The typical home purchase mortgage loan Chemung Canal Trust Company made was $285K; across all loan types its typical loan ran from $145K to $285K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Chemung Canal Trust Company lend?
Chemung Canal Trust Company decided applications in 4 of the states Fat Boy Data covers, most of them in New York, Florida and South Carolina.
Can I apply to Chemung Canal Trust Company directly?
Yes. Chemung Canal Trust Company is a bank or credit union with 30 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Chemung Canal Trust Company's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Chemung Canal Trust Company treats applications, then get a rate quote from the lender.