Mortgage lending in Erie County
16,228 mortgages were originated in Erie County, New York, in 2025.
30-year fixed, this week
6.71%
Freddie Mac's survey average for the week of September 3, 2026 — a year earlier it was 6.56%, and the past year ranged 5.98–6.71%. The figures below are from 2025 filings and do not move with the market. Rate history
- Loans originated
- 16,228
- Median rate
- 6.600%
- Median lender fees
- $5,166
The going rate is the federal "average prime offer rate" for a comparable loan; 0.5 means half a percentage point above it.
- Median loan amount
- $195,000
- Above the going rate (spread over APOR)
- 0.230
- Paid discount points
- 34.6%
- Received lender credits
- 22.3%
- Purchases / refinances
- 50.6% / 26.7%
- Conventional / FHA / VA
- 87.1% / 9.1% / 3.7%
Figures are medians of loans actually originated in 2025, as reported under the Home Mortgage Disclosure Act. They describe what borrowers received, not what you would be offered: HMDA contains no credit scores, so these numbers cannot be read as pricing for any individual. Lender fees are reported for 63% of loans here — see methodology.
Loan limits here in 2026
- Conforming limit
- $832,750
- FHA limit
- $541,287
- Median home price
- $261,000
- That home, 20% down
- $208,800
A median-priced home with 20% down leaves $623,950 of room under the conforming limit, so the ceiling rarely binds on an ordinary purchase.
Borrow more than $832,750 and the loan becomes jumbo — outside agency rules, priced by each lender on its own terms. How limits work
Median price is HUD's figure for the 2026 limit calculation, not a live market quote.
Who lent here
Lenders with at least 50 loans in Erie County, ranked by volume.
| Lender | Loans | Median fees | Median rate |
|---|---|---|---|
| Manufacturers and Traders Trust Company | 2,140 | $4,958 | 5.990% |
| United Shore Financial Services, LLC | 1,637 | $7,717 | 6.399% |
| Citizens Bank, National Association | 1,259 | $5,338 | 8.400% |
| Rocket Mortgage, LLC | 1,156 | $5,779 | 6.750% |
| Premium Mortgage Corporation | 1,135 | $4,367 | 6.625% |
| KeyBank National Association | 772 | $4,250 | 6.500% |
| Crosscountry Mortgage, Inc. | 648 | $6,481 | 6.750% |
| Northwest Bank | 585 | $3,471 | 6.250% |
| 1st Priority Mortgage, Inc. | 408 | $4,602 | 6.625% |
| Hunt Mortgage Corporation | 382 | $5,717 | 6.625% |
What lenders charged here
Lender fees on a $195,000 loan, based on what was actually charged in Erie County — not a rule of thumb.
From 10,228 loans where fees were reported. This is what the lender charges — sections A and B of a Loan Estimate. Title, appraisal, taxes and the escrow deposit your lender collects up front for future tax and insurance bills are extra and not in these figures. Compare two offers