Applications / Mortgage Analytics / Lenders / New York / SEFCU Services
Albany, NY · Non-bank lender · CFPB · 2,334 loans in 2025
SEFCU Services's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
2,334
loans originated, 2025
2,747
applications, 2025
1
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
SEFCU Services, a New York mortgage company that mostly finances home purchases with conventional loans, leads the Albany market, though its share there fell in 2025.
Purchases were 91.7% of its 2,334 loans, and 92.4% were conventional, against 65.9% at similar lenders (non-bank lenders making between half and twice as many loans), which make more government-backed loans. It makes few loans on manufactured homes. Its typical rate, 6.12%, was among the lowest of similar lenders, and almost none of its loans were higher-priced, meaning a rate well above the average for similar loans.
It was the largest of 265 lenders in Albany-Schenectady-Troy, but its share fell from 15.8% to 11.4%; Homestead Funding was second. Its share also slipped in Syracuse, Glens Falls and Binghamton. Its loans fell 17% while the whole market grew 10%. That may reflect a choice to lend less, or fewer buyers turning to it; the figures do not say which.
It lends only in New York, across 13 metros. Just 3.6% of its loans went to majority-minority neighborhoods, against 35.9% at similar lenders. Its lending stays within metros such as Albany and Syracuse, while similar lenders may work in places with more such neighborhoods.
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Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. SEFCU Services took 2,747 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 91.7% · Refinance 8.3%
Conventional 92.4% · FHA 6.4% · VA 1.2% · USDA (RHS or FSA) 0.0% · of 2,334 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 | 2,334 | 100.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Albany-Schenectady-Troy | 1,616 |
| Syracuse | 266 |
| Utica-Rome | 113 |
| Buffalo-Cheektowaga | 68 |
| Glens Falls | 59 |
| Binghamton | 47 |
| New York-Jersey City-White Plains | 7 |
| Rochester | 5 |
| Watertown-Fort Drum | 5 |
| Ithaca | 4 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300RJW4T6MPVUPK44 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 4320256 | 2011–2023 |
| Respondent ID (the HMDA filer code before 2018) | 510940996 | |
| Respondent ID (the HMDA filer code before 2018) | 710940996 | 2010–2010 |
Established 30 October 2009. Reported under HMDA 2010-2025.
Mergers, name changes, data editions and corrections: SEFCU Services's data.
SEFCU Services's data
$215
SEFCU Services 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.
Buy SEFCU Services's data, $215Jenner Mortgage Analytics: all the data
$2,110
Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
Buy the data, $2,110Jenner, the SAS-compatible software
See prices
Jenner runs programs written in the SAS language. It drew every chart on these pages and fitted the fair-lending model, PROC GLIMMIX on 3.5 million applications. Run the programs that come with the data, or your own.
Get JennerQuestions, or the data and Jenner together: [email protected]