Buffalo-Cheektowaga Mortgage Lending in 2025

Explore mortgage lending activity in Buffalo-Cheektowaga (MSA/MD Code 15380) using official HMDA public records. Review underwriting outcomes, borrower characteristics, and regional lending benchmarks.

Source: Federal Financial Institutions Examination Council (FFIEC) / Consumer Financial Protection Bureau (CFPB) • Dataset: 2025 Snapshot National Loan-Level Dataset • Updated: June 2, 2026 • Methodology →
Metropolitan Area 15380
11,446 Loans Originated
• Primary State: New York (NY)
• $3.02 Billion Originated Volume
• $235,000 Median Loan
Actionable Applications 13,269 +8.34% vs 2024
Approval Rate 88.15% +0.27 pp vs 2024
Denial Rate 11.85% -0.27 pp vs 2024
Loan Originations 11,446 +8.97% vs 2024
Originated Volume $3.02 Billion +16.23% vs 2024

Credit Decision Outcomes (2025)

Outcomes for 13,269 actionable applications (Actions 1, 2, and 3).

88.15%
11.85%
11,697 approved 1,572 denied
Action 1: Originated
11,446 (86.26%)
Action 2: Approved not accepted
251 (1.89%)
Action 3: Denied
1,572 (11.85%)
Action 4: Withdrawn (not in denominator)
1,566 —
Action 5: Incomplete (not in denominator)
454 —
How to read this: Approval rate uses Actions 1, 2, and 3. Actions 4 and 5 are excluded from the credit decision denominator. Read the full methodology →

How Buffalo-Cheektowaga Compares

Metro vs. State Baseline (2025)

Metric Buffalo-Cheektowaga New York
Actionable Apps 13,269 147,341
Approval Rate 88.15% 85.21%
Denial Rate 11.85% 14.79%
Originations 11,446 120,641
Originated Volume $3.02 Billion $56.72 Billion
Median Loan $235,000 $355,000
Compared against New York statewide baseline in 2025.

Lending Trends in Buffalo-Cheektowaga

Year-over-year shifts: 2025 vs. 2024

Metric 2024 2025 Change
Consumer Universe 13,896 15,289 +10.02%
Actionable Apps 12,248 13,269 +8.34%
Originations 10,504 11,446 +8.97%
Approval Rate 87.88% 88.15% +0.27 pp
Denial Rate 12.12% 11.85% -0.27 pp
Median Loan $215,000 $235,000 +9.30%
Dollar Volume $2.60 Billion $3.02 Billion +16.23%

Applications by Borrower Income (Buffalo-Cheektowaga)

Approval and denial rates across gross annual income tiers (2025)

Income Bracket Apps Approval % Denial %
$100k–$149,999 3,038 92.46% 7.54%
$150k+ 2,617 93.58% 6.42%
$50k–$99,999 5,650 88.28% 11.72%
<$50k 1,485 70.37% 29.63%
Income unavailable/entity 479 84.76% 15.24%
Gross annual borrower income relied upon during credit underwriting. Descriptive figures only; does not establish causation.

Geographic Market Context

Regional integration within New York (2025)

Official Geographic Designation: Metropolitan Statistical Area / Division 15380, anchored in New York (NY).
Metro Share of State Apps 9.01%
Metro Share of State Volume 5.32%
Geographic Notice: OpenFileData reports verified OMB-designated metropolitan boundaries. Detailed county-level vector choropleths are omitted unless authoritative polygon geometries and county-level consumer records are officially available, preventing data fabrication.

Parent State Association

Explore New York statewide mortgage activity

Buffalo-Cheektowaga is part of OpenFileData’s statewide coverage of New York. View statewide approval benchmarks, metropolitan rankings, and institution profiles across all reporting jurisdictions.

New York Statewide Overview Active Profile
Statewide Actionable Applications: 147,341
Explore New York State Profile →

Methodology

Learn how HMDA credit outcomes, action codes, and consumer filters are computed.

Read Methodology →

New York Profile

Compare all metropolitan areas located in New York.

View State Page →

Download Data

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Methodology & Disclosures

Credit Decision Denominator Rule: Approval and denial rates are calculated strictly among actionable applications reaching a formal credit underwriting decision (Actions 1, 2, and 3: loan originated, approved but not accepted, denied). Applications withdrawn by borrower (Action 4) and closed for incompleteness (Action 5) are tracked in the broader Consumer Mortgage Universe for market completeness but excluded from credit decision rates as no underwriting decision occurred.

Official Data Source & Freeze Date: Official Home Mortgage Disclosure Act (HMDA) records published by the Federal Financial Institutions Examination Council (FFIEC) and Consumer Financial Protection Bureau (CFPB). Primary analysis uses the 2025 Snapshot National Loan-Level Dataset (frozen June 2, 2026); historical baseline uses the 2024 One-Year National Loan-Level Dataset (frozen June 2, 2026).

Public Interest Commitment: OpenFileData does not sell mortgage leads, lender placements, paid rankings, or individualized mortgage recommendations.

For complete technical formulas, SQL implementations, and data definitions, read the full Mortgage Lending Methodology Specification.