# Manufacturers and Traders Trust Company

> **Canonical URL:** https://saferate.com/lenders/manufacturers-and-traders-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


Manufacturers and Traders Trust Company is a bank, headquartered in Buffalo, NY, serving borrowers nationwide, with 7,577 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 38% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 22% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** WWB2V0FCW3A0EE3ZJN75
- **Headquarters:** Buffalo, NY
- **Geographic Reach:** National
- **States Served:** 51
- **State List:** AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- **Markets (MSAs):** 50
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 62/100
- Rating: ●●●●○ (4/5)

### Pull Through: Strong 😀
- Score: 78/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.105%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,064
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 7,577
- **Dollar Volume:** $3.3 billion
- **Applications Received:** 10,749
- **Market Share:** 21.00%

## Typical Borrower Profile

- **Average Loan Amount:** $432,535
- **Average Borrower Income:** $201,628
- **Average Property Value:** $627,354

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **FHA Gold Superstar** (77%)
- ⭐ **VA Gold Superstar** (70%)
- ⭐ **Jumbo Gold Superstar** (77%)
- ⭐ **Purchase Gold Superstar** (77%)
- ⭐ **Refinance Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 87/100 | 5,141 | +0.098% | $1,174 | Exceptional 🤩 |
| FHA | 85/100 | 1,283 | +0.358% | $1,134 | Exceptional 🤩 |
| VA | 81/100 | 481 | -0.247% | $2,177 | Exceptional 🤩 |
| Jumbo | 90/100 | 666 | -0.206% | $-185 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 3,953 loans, Score: 87/100 (Exceptional)
- Refinance: 1,188 loans, Score: 85/100 (Exceptional)

**FHA:**
- Purchase: 804 loans, Score: 83/100 (Exceptional)
- Refinance: 479 loans, Score: 85/100 (Exceptional)

**VA:**
- Purchase: 411 loans, Score: 80/100 (Exceptional)
- Refinance: 70 loans, Score: 80/100 (Strong)

**Jumbo:**
- Purchase: 501 loans, Score: 89/100 (Exceptional)
- Refinance: 165 loans, Score: 89/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 87/100 | 5,675 | $2.6B | +0.060% | Exceptional 🤩 |
| Refinance | 86/100 | 1,902 | $715M | +0.226% | Exceptional 🤩 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NY | 2,631 | 2.32% | 93/100 |
| MD | 748 | 1.06% | 82/100 |
| MA | 723 | 1.20% | 81/100 |
| PA | 560 | 0.46% | 77/100 |
| NJ | 505 | 0.59% | 79/100 |
| VA | 460 | 0.43% | 76/100 |
| CT | 385 | 1.12% | 77/100 |
| FL | 183 | 0.06% | 57/100 |
| DE | 97 | 0.68% | 65/100 |
| DC | 91 | 1.59% | 71/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Buffalo | NY | 1,054 | 96/100 |
| Non |  | 770 | 72/100 |
| New York | NY-NJ | 425 | 78/100 |
| Baltimore | MD | 398 | 80/100 |
| Arlington | VA-WV | 373 | 79/100 |
| Boston, MA | MA | 306 | 80/100 |
| Cambridge | MA | 302 | 78/100 |
| Frederick | MD | 217 | 84/100 |
| Nassau County | NY | 172 | 70/100 |
| Bridgeport | CT | 162 | 80/100 |
| Rochester, NY | NY | 141 | 66/100 |
| Syracuse, NY | NY | 134 | 71/100 |
| Washington, DC | DC-MD | 128 | 72/100 |
| Lakewood | NJ | 127 | 69/100 |
| Albany | NY | 124 | 65/100 |

## Where This Lender Ranks

Manufacturers and Traders Trust Company appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥇 **#1** in New York for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-york-state/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Buffalo Banks
  - [View Full Rankings](https://saferate.com/buffalo/best-mortgage-lenders/banks)
- 🥇 **#1** in Buffalo for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/buffalo/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Buffalo for Jumbo Loans
  - [View Full Rankings](https://saferate.com/buffalo/best-mortgage-lenders/jumbo-loans)
- 🥇 **#1** in Buffalo for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/buffalo/best-mortgage-lenders/banks/jumbo-loans)
- 🥇 **#1** in Maryland for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/maryland/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in New York for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/new-york/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Baltimore for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/baltimore/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Connecticut for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/connecticut/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Nassau County for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/nassau-county/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Bridgeport for FHA Loans
  - [View Full Rankings](https://saferate.com/bridgeport/best-mortgage-lenders/fha-loans)
- 🥇 **#1** in Bridgeport for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/bridgeport/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Rochester, NY for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/rochester-ny/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Syracuse, NY for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/syracuse-ny/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Lakewood for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/lakewood/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Albany for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/albany/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Albany for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/albany/best-mortgage-lenders/banks/va-loans)
- 🥇 **#1** in Newark, NJ for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/newark-nj/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Binghamton, NY for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/binghamton-ny/best-mortgage-lenders/banks/fha-loans)
- 🥇 **#1** in Delaware for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/delaware/best-mortgage-lenders/banks/fha-loans)

## Frequently Asked Questions

### What loan types does Manufacturers and Traders Trust Company offer?

Manufacturers and Traders Trust Company offers the following mortgage loan types: FHA, Conventional, VA, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Manufacturers and Traders Trust Company offer mortgages?

Manufacturers and Traders Trust Company is a national lender offering mortgages in all 50 states plus Washington D.C.

### How competitive are Manufacturers and Traders Trust Company's mortgage rates?

Manufacturers and Traders Trust Company has a pricing score of 62/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.105% above market average.

### What type of lender is Manufacturers and Traders Trust Company?

Manufacturers and Traders Trust Company is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Buffalo, NY.

### What is Manufacturers and Traders Trust Company's loan approval success rate?

Manufacturers and Traders Trust Company has a pull-through score of 78/100 (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/manufacturers-and-traders-trust

### How to Cite

> "Manufacturers and Traders Trust Company Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/manufacturers-and-traders-trust

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