Applications / Mortgage Analytics / Lenders / New York / First Credit Corporation of New York
Gloversville, NY · Independent non-bank lender · CFPB · 134 loans in 2025
First Credit Corporation of New York's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
134
loans originated, 2025
1,468
applications, 2025
11
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
First Credit Corporation of New York finances manufactured homes and nothing else, lending small sums to buyers of modest means across 36 metro areas.
Every one of its 134 loans in 2025 was on a manufactured home, and 97.8% financed a purchase. All were conventional. Its typical loan was $85,000, smaller than at any similar lender, independent non-bank lenders making between half and twice as many loans, whose typical loan was $315,000.
Borrowers with low or moderate incomes took 52.2% of its loans, against 19.7% at similar lenders, a higher share than at almost all of them. That fits a lender making small loans on manufactured homes.
Of its loans, 84.3% were higher-priced, meaning their rate was well above the average for similar loans, against 1.4% at similar lenders. Its typical rate was 7.87%, against 6.62%. Its lending is entirely on manufactured homes, which the typical similar lender does not finance at all, and that could account for most of the difference.
Its loans are scattered across 11 states, with a sliver of each market; even in New York-Newark-Jersey City it ranks 614th of 802 lenders. It made 134 loans in 2025, against 262 in 2023 and 363 in 2020. The figures do not say why its lending has fallen.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. First Credit Corporation of New York took 1,468 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 97.8% · Refinance 2.2%
Conventional 100.0% · of 134 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| New York | 38 | 28.4% |
| New Jersey | 28 | 20.9% |
| Pennsylvania | 28 | 20.9% |
| Connecticut | 16 | 11.9% |
| Florida | 12 | 9.0% |
| South Carolina | 5 | 3.7% |
| Delaware | 3 | 2.2% |
| Colorado | 1 | 0.7% |
| Georgia | 1 | 0.7% |
| Massachusetts | 1 | 0.7% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Lakewood-New Brunswick | 11 |
| Montgomery County-Bucks County-Chester County | 11 |
| Atlantic City-Hammonton | 10 |
| Albany-Schenectady-Troy | 8 |
| Buffalo-Cheektowaga | 8 |
| Hartford-West Hartford-East Hartford | 8 |
| Allentown-Bethlehem-Easton | 6 |
| Camden | 6 |
| Norwich-New London-Willimantic | 5 |
| Kingston | 4 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300S347HTLHLOC775 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 5163142 | 2017–2023 |
| Respondent ID (the HMDA filer code before 2018) | 7141667104 |
Established 10 April 1985. Reported under HMDA 2016-2025.
Mergers, name changes, data editions and corrections: First Credit Corporation of New York's data.
First Credit Corporation of New York's data
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First Credit Corporation of New York and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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