Manufacturers and Traders Trust Company mortgage approval rate & lending review
Manufacturers and Traders Trust Company decided 70,266 mortgage applications and funded 45,384 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Manufacturers and Traders Trust Company reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Manufacturers and Traders Trust Company at a glance
Approval is 5.6 points below the 73.2% 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 | 85% | 16,616 / 19,478 | 99% | $295K | 16,385 |
| Home improvement loans | 51% | 14,912 / 29,425 | 93% | $105K | 13,834 |
| Cash-out refinance | 71% | 3,580 / 5,030 | 97% | $175K | 3,457 |
| Refinance | 77% | 10,621 / 13,816 | 94% | $105K | 9,976 |
| Investment property purchase | 87% | 1,199 / 1,384 | 98% | $355K | 1,177 |
| Investment cash-out refinance | 61% | 159 / 259 | 95% | $185K | 151 |
| Investment refinance | 73% | 238 / 328 | 93% | $295K | 222 |
| Investment home improvement | 37% | 202 / 546 | 90% | $155K | 182 |
Manufacturers and Traders Trust Company lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 68% | $165K | 23,875 | 15,575 |
| Pennsylvania | 72% | $105K | 9,104 | 6,266 |
| Maryland | 63% | $105K | 9,020 | 5,335 |
| Connecticut | 68% | $175K | 5,941 | 3,849 |
| New Jersey | 59% | $305K | 5,473 | 3,061 |
| Massachusetts | 72% | $745K | 4,680 | 3,237 |
| Delaware | 67% | $105K | 2,723 | 1,722 |
| Virginia | 68% | $755K | 2,439 | 1,618 |
| Florida | 57% | $365K | 1,306 | 711 |
| New Hampshire | 67% | $225K | 746 | 483 |
| District of Columbia | 72% | $705K | 471 | 334 |
| Maine | 67% | $125K | 470 | 307 |
| California | 72% | $545K | 361 | 252 |
| Vermont | 75% | $155K | 334 | 236 |
| Texas | 81% | $325K | 313 | 249 |
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 Manufacturers and Traders Trust Company lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Erie County, NY | Mortgage lenders | 91% | 3,014 | 2,728 |
| Erie County, NY | Home improvement loans | 62% | 2,923 | 1,686 |
| York County, PA | Refinance | 87% | 830 | 690 |
| Erie County, NY | Refinance | 82% | 825 | 624 |
| Middlesex County, MA | Mortgage lenders | 95% | 595 | 555 |
| Suffolk County, NY | Home improvement loans | 46% | 1,202 | 515 |
| Erie County, NY | Cash-out refinance | 86% | 598 | 500 |
| Capitol Planning Region, CT | Home improvement loans | 55% | 883 | 458 |
| Niagara County, NY | Mortgage lenders | 91% | 507 | 455 |
| Capitol Planning Region, CT | Refinance | 81% | 587 | 444 |
| Montgomery County, MD | Mortgage lenders | 94% | 453 | 424 |
| Monroe County, NY | Home improvement loans | 57% | 778 | 414 |
The county markets where Manufacturers and Traders Trust Company made the most loans. Each link opens that market with every lender ranked.
Questions about Manufacturers and Traders Trust Company
What is Manufacturers and Traders Trust Company's mortgage approval rate?
Manufacturers and Traders Trust Company approved 67.6% of the 70,266 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 5.6 points below the 73.2% national rate for the same mix of loan types.
How often do borrowers take the loan Manufacturers and Traders Trust Company offers?
Borrowers accepted 95% of the loans Manufacturers and Traders Trust Company approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Manufacturers and Traders Trust Company make?
The typical home improvement loan loan Manufacturers and Traders Trust Company made was $105K; across all loan types its typical loan ran from $105K to $355K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Manufacturers and Traders Trust Company lend?
Manufacturers and Traders Trust Company decided applications in 51 of the states Fat Boy Data covers, most of them in New York, Pennsylvania and Maryland.
Can I apply to Manufacturers and Traders Trust Company directly?
Yes. Manufacturers and Traders Trust Company is a bank or credit union with 954 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Manufacturers and Traders 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 Manufacturers and Traders Trust Company treats applications, then get a rate quote from the lender.