M&T Realty Capital at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 220 investment-property lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
70th1.9% deniedProcesswithdrawn + incomplete share, weight 15%
45th6.5%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 142 | 106 | 1.4% | 1.9% | — | $2.9B |
| 2024 | 147 | 132 | 0.0% | 0.0% | — | $4.4B |
| 2025 | 169 | 155 | 1.8% | 1.9% | — | $4.4B |
What M&T Realty Capital lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 169 investment properties.
Where M&T Realty Capital lends
28 states and 107 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New York | 44 | 43 | 0.0% | — | #345 |
| Texas | 16 | 16 | 0.0% | — | #893 |
| California | 13 | 12 | 0.0% | — | #704 |
| Washington | 11 | 11 | 0.0% | — | #453 |
| Indiana | 9 | 7 | 0.0% | — | #551 |
| Connecticut | 7 | 6 | 0.0% | — | #406 |
| Florida | 7 | 5 | 0.0% | — | #1,019 |
| Maryland | 7 | 7 | 0.0% | — | #507 |
| Massachusetts | 6 | 6 | 0.0% | — | #497 |
| Arizona | 5 | 5 | 0.0% | — | #612 |
| Illinois | 5 | 4 | 0.0% | — | #753 |
| New Jersey | 5 | 4 | 0.0% | — | #592 |
| Pennsylvania | 5 | 2 | 40.0% | — | #779 |
Frequently asked questions
M&T Realty Capital denied 1.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 70th percentile of investment-property lenders.
In 2025, 36% of its applications were for home purchases, 63% for refinancing (including cash-out), and 2% for home improvement or other purposes. By loan type: 91% conventional, 9% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.