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Cortland County, New York · 2025

Mortgage lenders in Cortland County, NY: denial rates and top lenders (2025)

96 lenders acted on 1,025 mortgage applications for properties in Cortland County in 2025. 20.2% were denied (New York: 19.8%). Median rate on closed loans 6.50%; median loan $125,000; median property value $205,000.

1.0kApplications
20.2%Denial ratestate 19.8%
6.50%Median ratestate 6.63%
$125,000Median loan
$205,000Median property value

Largest lenders in Cortland County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 NBT Bank B 11571 22.6%4.99%
2 Tompkins Community Bank B 8867 19.3%6.50%
3 CFCU COMMUNITY Credit Union B 8670 10.5%6.25%
4 Everett Financial C 7158 2.8%6.63%
5 Rocket Mortgage C 6437 31.3%6.63%
6 AMERICU Credit Union C 6031 33.3%6.13%
7 THE SUMMIT Federal Credit Union C 5529 23.6%7.25%
8 The First National Bank of Dryden – 4134 12.2%—
9 Manufacturers and Traders Trust C 3016 26.7%6.19%
10 Visions Federal Credit Union C 2811 21.4%7.25%
11 Citizens Bank C 2413 25.0%9.40%
12 Community Bank D 2420 8.3%7.00%
13 KeyBank C 2013 20.0%6.50%
14 21st Mortgage F 187 33.3%9.14%
15 Broadview Federal Credit Union C 158 46.7%6.25%
16 Empower Federal Credit Union B 1313 0.0%7.00%
17 Navy Federal Credit Union D 135 23.1%7.75%
18 Genesee Regional Bank B 127 16.7%6.88%
19 JPMorgan Chase Bank B 114 27.3%6.56%
20 Newrez D 111 54.6%7.25%
21 The First National Bank of Groton – 1110 9.1%—
22 Geddes Federal Savings and Loan Association B 108 10.0%6.31%
23 Tioga State Bank, N. A. B 108 10.0%—
24 Mortgage Research Center C 96 11.1%6.50%
25 USAA Federal Savings Bank C 76 14.3%6.56%

Best approval odds in Cortland County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Everett Financial603.3%
2CFCU COMMUNITY Credit Union8310.8%
3Tompkins Community Bank8520.0%
4NBT Bank10524.8%
5Rocket Mortgage5834.5%
6AMERICU Credit Union5139.2%

What Cortland County borrowers applied for

By loan purpose

Home purchase 466 45% · 10.7% denied
Refinance 120 12% · 16.7% denied
Cash-out refinance 104 10% · 27.9% denied
Home improvement 197 19% · 31.5% denied
Other / HELOC 138 13% · 33.3% denied

By loan type

Conventional 884 86% · 20.1% denied
FHA 96 9% · 22.9% denied
VA 43 4% · 16.3% denied
USDA / RHS 2 0% · 0.0% denied

Why applications were denied

Credit history 59 29%
Debt-to-income ratio 53 26%
Collateral 40 20%
Other 28 14%
Incomplete application 15 7%
Employment history 3 1%
Unverifiable information 3 1%
Insufficient cash 3 1%

Cortland County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202397161621.7%6.50%$115,000
202495961522.1%6.63%$125,000
20251,02564720.2%6.50%$125,000

Frequently asked questions

20.2% of applications in Cortland County were denied in 2025, against 19.8% statewide in New York.

NBT Bank, with 115 applications in 2025 and a denial rate of 22.6%.

The median mortgage application in Cortland County in 2025 was for $125,000; the median property value on originated loans was $205,000.