Top Mortgage Lenders in the Plattsburgh, NY area

Which mortgage lender in the Plattsburgh, NY area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Plattsburgh, NY area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Plattsburgh, NY area is KeyBank National Association, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.18%. This means that KeyBank National Association provided a -0.18% lower interest rate for its customers than other lenders in Plattsburgh, NY for a similar set of borrowers. KeyBank National Association has a market share of 7.6%. On the other hand, the most popular lender in the market is Community Bank, with a market share of 45.7%. Community Bank is an average rate lender in this area, with a “Rate Difference” of +0.05% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Plattsburgh, NY area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Plattsburgh, NY is KeyBank National Association. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is Glens Falls National Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Movement Mortgage. The cheapest VA mortgage provider is NBT Bank. Nevertheless, to get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
KeyBank National Association 1, -0.18% 7.57%
NBT Bank 2, -0.15% 6.20%
Paragon Home Loans, Inc 3, -0.13% 3.30%
Glens Falls National Bank 4, -0.10% 4.75%
Homestead Funding Corp 5, -0.08% 4.75%
Movement Mortgage 6, -0.03% 2.90%
Usaa Federal Savings Bank 7, -0.02% 2.66%
Bank of England 8, 0.00% 2.66%
Community Bank 9, 0.05% 45.65%
Quicken Loans 10, 0.08% 19.57%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
KeyBank National Association 1, -0.19% 5.09%
NBT Bank 2, -0.18% 7.25%
Paragon Home Loans, Inc 3, -0.15% 4.83%
Glens Falls National Bank 4, -0.12% 6.87%
Homestead Funding Corp 5, -0.10% 6.49%
Movement Mortgage 6, -0.04% 4.45%
Usaa Federal Savings Bank 7, -0.03% 3.44%
Bank of England 8, -0.01% 3.82%
Community Bank 9, 0.08% 46.95%
Quicken Loans 10, 0.09% 10.81%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
KeyBank National Association 1, -0.16% 11.84%
NBT Bank 2, -0.08% 4.39%
Paragon Home Loans, Inc 3, -0.05% 0.66%
Glens Falls National Bank 4, -0.03% 1.10%
Homestead Funding Corp 5, -0.02% 1.75%
Usaa Federal Savings Bank 6, -0.02% 1.32%
Community Bank 7, -0.01% 43.42%
Movement Mortgage 8, -0.01% 0.22%
Bank of England 9, 0.00% 0.66%
Quicken Loans 10, 0.08% 34.65%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
KeyBank National Association 1, -0.20% 8.41%
NBT Bank 2, -0.16% 7.05%
Paragon Home Loans, Inc 3, -0.14% 3.96%
Glens Falls National Bank 4, -0.11% 5.41%
Homestead Funding Corp 5, -0.09% 3.00%
Usaa Federal Savings Bank 6, -0.02% 1.16%
Bank of England 7, -0.01% 0.97%
Movement Mortgage 8, 0.03% 1.16%
Community Bank 9, 0.04% 54.40%
Quicken Loans 10, 0.12% 14.49%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
KeyBank National Association 1, -0.22% 5.24%
NBT Bank 2, -0.19% 8.32%
Paragon Home Loans, Inc 3, -0.16% 5.86%
Glens Falls National Bank 4, -0.13% 8.01%
Homestead Funding Corp 5, -0.12% 3.85%
Usaa Federal Savings Bank 6, -0.03% 1.69%
Bank of England 7, -0.03% 1.39%
Movement Mortgage 8, 0.01% 1.85%
Community Bank 9, 0.07% 56.39%
Quicken Loans 10, 0.14% 7.40%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
KeyBank National Association 1, -0.17% 13.73%
NBT Bank 2, -0.08% 4.92%
Paragon Home Loans, Inc 3, -0.05% 0.78%
Glens Falls National Bank 4, -0.04% 1.04%
Homestead Funding Corp 5, -0.02% 1.55%
Usaa Federal Savings Bank 6, -0.02% 0.26%
Community Bank 7, -0.01% 51.04%
Bank of England 8, 0.01% 0.26%
Quicken Loans 9, 0.13% 26.42%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Movement Mortgage 1, -0.04% 13.49%
Homestead Funding Corp 2, -0.03% 20.63%
KeyBank National Association 3, 0.00% 3.97%
NBT Bank 4, 0.00% 0.79%
Quicken Loans 5, 0.01% 49.21%
Bank of England 6, 0.03% 11.90%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Movement Mortgage 1, -0.05% 17.58%
Homestead Funding Corp 2, -0.04% 26.37%
KeyBank National Association 3, -0.01% 4.40%
NBT Bank 4, -0.01% 1.10%
Bank of England 5, 0.02% 15.38%
Quicken Loans 6, 0.05% 35.16%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.01% 85.71%
Homestead Funding Corp 2, 0.02% 5.71%
Movement Mortgage 3, 0.04% 2.86%
Bank of England 4, 0.04% 2.86%
KeyBank National Association 5, 0.05% 2.86%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Glens Falls National Bank 1, -0.02% 30.00%
KeyBank National Association 2, -0.01% 10.00%
NBT Bank 3, -0.01% 20.00%
Community Bank 4, 0.02% 40.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Glens Falls National Bank 1, -0.02% 25.00%
KeyBank National Association 2, -0.01% 12.50%
NBT Bank 3, -0.01% 25.00%
Community Bank 4, 0.02% 37.50%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Community Bank 1, 0.00% 50.00%
Glens Falls National Bank 2, 0.00% 50.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
NBT Bank 1, -0.03% 1.41%
Homestead Funding Corp 2, -0.03% 2.82%
Usaa Federal Savings Bank 3, -0.02% 29.58%
KeyBank National Association 4, -0.02% 1.41%
Movement Mortgage 5, -0.02% 9.86%
Quicken Loans 6, 0.02% 43.66%
Bank of England 7, 0.02% 11.27%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Homestead Funding Corp 1, -0.02% 5.26%
KeyBank National Association 2, -0.01% 2.63%
Usaa Federal Savings Bank 3, -0.01% 42.11%
Movement Mortgage 4, -0.01% 18.42%
Quicken Loans 5, 0.01% 13.16%
Bank of England 6, 0.03% 18.42%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Usaa Federal Savings Bank 1, -0.05% 15.15%
NBT Bank 2, -0.03% 3.03%
Bank of England 3, -0.03% 3.03%
Quicken Loans 4, 0.01% 78.79%

* Data is compiled for the Plattsburgh, NY commuting zone area, which comprises of counties of Clinton County, NY, Essex County, NY, Franklin County, NY, and St. Lawrence County, NY. This includes cities/towns/communities of Plattsburgh, NY as well as Morrisonville, NY, Massena, NY, Lake Placid, NY, Peru, NY, Saranac Lake, NY, Malone, NY, Cumberland Head, NY, Au Sable Forks, NY, Ogdensburg, NY, Tupper Lake, NY, Canton, NY, Potsdam, NY, Ticonderoga, NY, Rouses Point, NY, Hannawa Falls, NY, Hailesboro, NY, Schroon Lake, NY, Dannemora, NY, Chazy, NY, Elizabethtown, NY, Altona, NY, Wilmington, NY, Mineville, NY, Gouverneur, NY, Keeseville, NY, Chateaugay, NY, Brasher Falls, NY, Saranac Lake, NY, Heuvelton, NY, Norwood, NY, Brushton, NY, Waddington, NY, Morristown, NY, Fort Covington Hamlet, NY, DeKalb Junction, NY, Keeseville, NY, Paul Smiths, NY, Willsboro, NY, Parc, NY, Star Lake, NY, Norfolk, NY, Hammond, NY, St. Regis Falls, NY, and Plattsburgh West, NY. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

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