Lender profile · HMDA 2023–2025
Manufacturers and Traders Trust Company mortgage approval rates & lending data
Manufacturers and Traders Trust Company decided 70,266 mortgage applications and funded 45,384 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 85% | 16,616 / 19,478 | 99% | $295K | 16,385 |
| Home improvement loans | 51% | 14,912 / 29,425 | 93% | $105K | 13,834 |
| Cash-out refinance | 71% | 3,580 / 5,030 | 97% | $175K | 3,457 |
| Refinance | 77% | 10,621 / 13,816 | 94% | $105K | 9,976 |
| Investment property purchase | 87% | 1,199 / 1,384 | 98% | $355K | 1,177 |
| Investment cash-out refinance | 61% | 159 / 259 | 95% | $185K | 151 |
| Investment refinance | 73% | 238 / 328 | 93% | $295K | 222 |
| Investment home improvement | 37% | 202 / 546 | 90% | $155K | 182 |
Manufacturers and Traders Trust Company lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| New York | 68% | $165K | 23,875 | 15,575 |
| Pennsylvania | 72% | $105K | 9,104 | 6,266 |
| Maryland | 63% | $105K | 9,020 | 5,335 |
| Connecticut | 68% | $175K | 5,941 | 3,849 |
| New Jersey | 59% | $305K | 5,473 | 3,061 |
| Massachusetts | 72% | $745K | 4,680 | 3,237 |
| Delaware | 67% | $105K | 2,723 | 1,722 |
| Virginia | 68% | $755K | 2,439 | 1,618 |
| Florida | 57% | $365K | 1,306 | 711 |
| New Hampshire | 67% | $225K | 746 | 483 |
| District of Columbia | 72% | $705K | 471 | 334 |
| Maine | 67% | $125K | 470 | 307 |
| California | 72% | $545K | 361 | 252 |
| Vermont | 75% | $155K | 334 | 236 |
| Texas | 81% | $325K | 313 | 249 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.