Largest lenders in Cayuga County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Empower Federal Credit Union | B | 195 | 145 | 13.3% | 7.25% |
| 2 | The Lyons National Bank | B | 174 | 151 | 8.1% | 6.63% |
| 3 | AMERICU Credit Union | C | 170 | 106 | 27.1% | 6.13% |
| 4 | Manufacturers and Traders Trust | C | 101 | 56 | 32.7% | 5.99% |
| 5 | Rocket Mortgage | C | 93 | 61 | 26.9% | 6.99% |
| 6 | Auburn Community Federal Credit Union | – | 81 | 61 | 13.6% | 6.24% |
| 7 | KeyBank | C | 65 | 47 | 18.5% | 6.50% |
| 8 | Tompkins Community Bank | B | 57 | 48 | 14.0% | 6.38% |
| 9 | Community Bank | D | 56 | 44 | 8.9% | 7.00% |
| 10 | Genesee Regional Bank | B | 53 | 36 | 3.8% | 6.69% |
| 11 | Cayuga Lake National Bank | – | 52 | 47 | 7.7% | — |
| 12 | 21st Mortgage | F | 38 | 7 | 39.5% | 9.73% |
| 13 | American Heritage Lending | D | 28 | 1 | 71.4% | 7.50% |
| 14 | The First National Bank of Groton | – | 26 | 26 | 0.0% | — |
| 15 | Chemung Canal Trust | C | 25 | 16 | 28.0% | 6.38% |
| 16 | Newrez | D | 24 | 3 | 12.5% | 6.63% |
| 17 | Citizens Bank | C | 23 | 8 | 30.4% | 9.03% |
| 18 | Velocity Commercial Capital | B | 23 | 0 | 0.0% | — |
| 19 | Movement Mortgage | A | 23 | 15 | 8.7% | 6.75% |
| 20 | Primelending, a Plainscapital | A | 20 | 15 | 10.0% | 6.75% |
| 21 | United Shore Financial Services | B | 18 | 13 | 22.2% | 6.12% |
| 22 | Discover Bank | F | 17 | 6 | 47.1% | 8.77% |
| 23 | Loandepot.Com | D | 17 | 8 | 35.3% | 7.44% |
| 24 | Savannah Bank | – | 17 | 12 | 23.5% | — |
| 25 | Bank of America | F | 16 | 4 | 56.3% | 6.24% |
Best approval odds in Cayuga County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Cayuga Lake National Bank | 51 | 7.8% |
| 2 | The Lyons National Bank | 165 | 8.5% |
| 3 | Tompkins Community Bank | 56 | 14.3% |
| 4 | Empower Federal Credit Union | 174 | 14.9% |
| 5 | Auburn Community Federal Credit Union | 72 | 15.3% |
| 6 | KeyBank | 59 | 20.3% |
| 7 | Rocket Mortgage | 89 | 28.1% |
| 8 | AMERICU Credit Union | 152 | 30.3% |
| 9 | Manufacturers and Traders Trust | 91 | 36.3% |
What Cayuga County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Cayuga County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 1,762 | 1,136 | 19.9% | 6.75% | $105,000 |
| 2024 | 1,802 | 1,183 | 20.0% | 6.88% | $105,000 |
| 2025 | 1,892 | 1,226 | 18.8% | 6.63% | $115,000 |
Frequently asked questions
18.8% of applications in Cayuga County were denied in 2025, against 19.8% statewide in New York.
Empower Federal Credit Union, with 195 applications in 2025 and a denial rate of 13.3%.
The median mortgage application in Cayuga County in 2025 was for $115,000; the median property value on originated loans was $235,000.