Mortgage lender · Saratoga Springs, NY · LEI 254900158KALQ2PWDU44

The Adirondack Trust review: approval odds, rates and grade (2025)

The Adirondack Trust earns a D, weaker than most small mortgage lenders. It turned down 19.3% of the applications it decided on in 2025, which ranks in the 21st percentile for approval odds. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

230Applications2025
60.0%Originatedof applications
19.3%Decision denial ratenational 22.6%
Median ratenational 6.63%
$110MLoan volume3 states

The Adirondack Trust at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

14.8%Denial rate (all applications)-3.20 pts vs national
19.3%Denial rate (decided applications)-3.27 pts vs national
60.0%Origination rate+1.97 pts vs national
23.0%Withdrawn by applicant
0.4%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$320,000Median loan amount
Median total loan costs
$150kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the D grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

21st19.3% denied

Processwithdrawn + incomplete share, weight 15%

13th23.5%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202327516419.6%24.4%$47M
202427216916.2%20.3%$77M
202523013814.8%19.3%$110M

What The Adirondack Trust 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

Home purchase 158 69% · 13.9% denied
Refinance 20 9% · 10.0% denied
Cash-out refinance 14 6% · 7.1% denied
Home improvement 10 4% · 0.0% denied
Other / HELOC 28 12% · 32.1% denied

By loan type

Conventional 230 100% · 14.8% denied

Also: 0 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 53 investment properties.

Who gets approved at The Adirondack Trust

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k371540.0%
$100k – $150k362211.5%
$150k – $250k55337.7%
Over $250k372317.9%
Applicant ageApplicationsOriginatedDecision denial rate
25–34362218.5%
35–44451728.6%
45–54261726.1%
55–64442425.0%
65–74251322.2%

Where The Adirondack Trust lends

3 states and 11 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
New York22713813.7%#195

Frequently asked questions

The Adirondack Trust denied 19.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 21st percentile of small mortgage lenders.

In 2025, 69% of its applications were for home purchases, 15% for refinancing (including cash-out), and 17% for home improvement or other purposes. By loan type: 100% conventional, 0% 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.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with The Adirondack Trust. Data sources · Methodology