# Chemung Canal Trust Company

> **Canonical URL:** https://saferate.com/lenders/chemung-canal-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

Chemung Canal Trust Company is a bank, headquartered in Elmira, NY, serving borrowers across 3 states, with 153 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 11% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 48% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300WU17K1CLH8VI32
- **Headquarters:** Elmira, NY
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** NY, PA, SC
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Exceptional 🤩
- Score: 89/100
- Rating: ●●●●● (5/5)

### Pull Through: Sound ☺️
- Score: 52/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.092%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $412
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 153
- **Dollar Volume:** $38 million
- **Applications Received:** 205
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $247,876
- **Average Borrower Income:** $138,582

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (71%)
- ⭐ **Purchase Gold Superstar** (71%)
- ⭐ **Refinance Gold Superstar** (71%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 58/100 | 149 | +0.097% | $356 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 114 loans, Score: 56/100 (Sound)
- Refinance: 35 loans, Score: 48/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 55/100 | 118 | $32M | +0.109% | Sound ☺️ |
| Refinance | 46/100 | 35 | $6M | +0.050% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| NY | 143 | 0.13% | 72/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Albany | NY | 44 | 62/100 |
| Non |  | 43 | 46/100 |
| Elmira, NY | NY | 34 | 77/100 |
| Binghamton, NY | NY | 13 | 51/100 |

## Frequently Asked Questions

### What loan types does Chemung Canal Trust Company offer?

Chemung Canal Trust Company offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Chemung Canal Trust Company offer mortgages?

Chemung Canal Trust Company offers mortgages in 3 states: NY, PA, SC.

### How competitive are Chemung Canal Trust Company's mortgage rates?

Chemung Canal Trust Company has a pricing score of 89/100 (Exceptional), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.092% above market average.

### What type of lender is Chemung Canal Trust Company?

Chemung Canal Trust Company is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Elmira, NY.

### What is Chemung Canal Trust Company's loan approval success rate?

Chemung Canal Trust Company has a pull-through score of 52/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/chemung-canal-trust

### How to Cite

> "Chemung Canal Trust Company Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/chemung-canal-trust

---

**[View Interactive Profile →](https://saferate.com/lenders/chemung-canal-trust)**