# Glens Falls National Bank and Trust Company

> **Canonical URL:** https://saferate.com/lenders/glens-falls-national-bank-and-trust


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Glens Falls National Bank and Trust Company is a bank, headquartered in Glens Falls, NY, serving borrowers across 2 states, with 243 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 35% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 29% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300ERHDU3FCE3FA33
- **Headquarters:** Glens Falls, NY
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** NY, VT
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 65/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 71/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.059%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,117
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 243
- **Dollar Volume:** $83 million
- **Applications Received:** 349
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $340,309
- **Average Borrower Income:** $215,704
- **Average Property Value:** $471,996

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 67/100 | 218 | +0.059% | $1,061 | Strong 😀 |
| Jumbo | 71/100 | 19 | -0.057% | $1,153 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 200 loans, Score: 67/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 67/100 | 221 | $73M | +0.064% | Strong 😀 |
| Refinance | 52/100 | 22 | $10M | +0.008% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NY | 242 | 0.21% | 77/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Glens Falls, NY | NY | 162 | 100/100 |
| Non |  | 51 | 47/100 |
| Albany | NY | 30 | 56/100 |

## Where This Lender Ranks

Glens Falls National Bank and Trust Company appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in Glens Falls, NY for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/glens-falls-ny/best-mortgage-lenders/banks/conventional-loans)
- 🥇 **#1** in Glens Falls, NY for Jumbo Loans
  - [View Full Rankings](https://saferate.com/glens-falls-ny/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Glens Falls, NY for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/glens-falls-ny/best-mortgage-lenders/banks/jumbo-loans)
- 🥈 **#2** in Glens Falls, NY
  - [View Full Rankings](https://saferate.com/glens-falls-ny/best-mortgage-lenders)
- 🥉 **#3** in Glens Falls, NY for Conventional Loans
  - [View Full Rankings](https://saferate.com/glens-falls-ny/best-mortgage-lenders/conventional-loans)
- 🏆 **#8** in New York for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-york-state/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#9** in Albany for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/albany/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#11** in New York for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-york-state/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#12** in Albany Banks
  - [View Full Rankings](https://saferate.com/albany/best-mortgage-lenders/banks)
- 🏆 **#15** in New York for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-york-state/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#16** in New York Banks
  - [View Full Rankings](https://saferate.com/new-york-state/best-mortgage-lenders/banks)
- 🏆 **#16** in Albany for Conventional Loans
  - [View Full Rankings](https://saferate.com/albany/best-mortgage-lenders/conventional-loans)
- 🏆 **#17** in New York for Jumbo Loans
  - [View Full Rankings](https://saferate.com/new-york-state/best-mortgage-lenders/jumbo-loans)
- 🏆 **#17** in Albany
  - [View Full Rankings](https://saferate.com/albany/best-mortgage-lenders)

## Frequently Asked Questions

### What loan types does Glens Falls National Bank and Trust Company offer?

Glens Falls National Bank and Trust Company offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Glens Falls National Bank and Trust Company offer mortgages?

Glens Falls National Bank and Trust Company offers mortgages in 2 states: NY, VT.

### How competitive are Glens Falls National Bank and Trust Company's mortgage rates?

Glens Falls National Bank and Trust Company has a pricing score of 65/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.059% above market average.

### What type of lender is Glens Falls National Bank and Trust Company?

Glens Falls National Bank and Trust Company is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Glens Falls, NY.

### What is Glens Falls National Bank and Trust Company's loan approval success rate?

Glens Falls National Bank and Trust Company has a pull-through score of 71/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/glens-falls-national-bank-and-trust

### How to Cite

> "Glens Falls National Bank and Trust Company Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/glens-falls-national-bank-and-trust

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