Mortgage Lenders and Brokers in Watertown, New York
Brian McKay
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iEditorial Disclosure
Editorial DisclosureLender lists come from federal HMDA loan data. Average rates come from our daily monitoring network. Editorial content is independent of any advertiser relationships.
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✓Fact Checked
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Loan Rates Last Updated and Verified: October 7, 2026
Watertown, New York mortgage lenders include Northern Credit UnionNorthern Credit Union138 Factory St, Watertown, NY 13601 1958A5.0 ★Texas Ratio: 9.67%, Watertown Savings BankWatertown Savings Bank111 Clinton St, Watertown, NY 13601, Community Bank, N.A.Community Bank, N.A.1125 Arsenal St, Watertown, NY 13601A+5.0 ★Texas Ratio: 3.83%, Carthage Savings and Loan, National AssociationCarthage Savings and Loan, National Association146 Arsenal St, Watertown, NY 13601A+5.0 ★Texas Ratio: 1.46%, Keybank National AssociationKeybank National Association1308 Washington St, Watertown, NY 13601A+5.0 ★Texas Ratio: 4.81%, Americu Credit UnionAmericu Credit Union871 Arsenal St, Watertown, NY 13601 2345A-5.0 ★Texas Ratio: 14.76%, Genesee Regional BankGenesee Regional Bank1850 Winton Rd S, Rochester, NY 14618A+5.0 ★Texas Ratio: 3.91%, Gouverneur Savings & LoanGouverneur Savings & Loan15 Nys Route 12, Alexandria Bay, NY 13607A+5.0 ★Texas Ratio: 4.41%, M&T BankM&T Bank80 State St, Albany, NY 12207A+5.0 ★Texas Ratio: 4.11%, and SEFCU Services, LLCSEFCU Services, LLC180 N Main St, Alfred, NY 14802A5.0 ★Texas Ratio: 8.82%. Banks, credit unions and mortgage companies are listed together, with FHA, VA and local options flagged for quick comparison.
Lenders are ranked only by the number of home loans they closed in Watertown, New York in 2025, as reported under the federal Home Mortgage Disclosure Act. No lender pays for a higher spot. Lenders based in Watertown are listed first, then lenders elsewhere in New York, then lenders from other states that closed loans there. Banks and credit unions carry a MonitorBankRates health grade, star rating and Texas Ratio, so you can judge how financially sound they are. Mortgage companies have no deposits to rate, so compare their loan programs, median loan and borrower reviews instead. Compare at least three lenders and ask each for a written loan estimate before you choose.
Mortgage Lenders and Brokers in Watertown, New York
Market share is the lender's share of all home loans closed in Watertown, New York. Approval share is approvals divided by completed applications. Grade is the MonitorBankRates Health and Safety Grade, available for banks and credit unions only. Average loan is the lender's mean loan amount here.
| Lender | Programs | Loans closed | Market share | Approval share | Average loan | View |
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138 Factory St, Watertown, NY 13601 1958 A5.0 ★Texas Ratio: 9.67% |
Conventional, VA, HELOC | 41 +8 HELOCs |
10.1% | 78.3% | $76,707 | View |
Watertown Savings Bank
111 Clinton St, Watertown, NY 13601 |
Conventional | 30 | 7.4% | 93.9% | $165,000 | |
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2 offices in Watertown 1125 Arsenal St, Watertown, NY 13601 A+5.0 ★Texas Ratio: 3.83% |
Conventional, HELOC | 12 +2 HELOCs |
2.9% | 92.3% | $130,000 | View |
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★ 3 stars, 1 review 1 office in Watertown 146 Arsenal St, Watertown, NY 13601 A+5.0 ★Texas Ratio: 1.46% |
Conventional | 12 | 2.9% | 70.6% | $165,000 | View |
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2 offices in Watertown 1308 Washington St, Watertown, NY 13601 A+5.0 ★Texas Ratio: 4.81% |
Conventional, FHA | 8 | 2% | 100% | $136,250 | View |
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★ 1 stars, 1 review 871 Arsenal St, Watertown, NY 13601 2345 A-5.0 ★Texas Ratio: 14.76% |
Conventional, FHA, VA, HELOC | 26 +8 HELOCs |
6.4% | 57.8% | $118,076 | View |
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1850 Winton Rd S, Rochester, NY 14618 A+5.0 ★Texas Ratio: 3.91% |
Conventional, FHA, VA | 15 | 3.7% | 84.2% | $177,666 | View |
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15 Nys Route 12, Alexandria Bay, NY 13607 A+5.0 ★Texas Ratio: 4.41% |
Conventional | 6 | 1.5% | 100% | $143,333 | View |
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80 State St, Albany, NY 12207 A+5.0 ★Texas Ratio: 4.11% |
Conventional, HELOC | 2 +2 HELOCs |
0.5% | 66.7% | $65,000 | View |
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180 N Main St, Alfred, NY 14802 A5.0 ★Texas Ratio: 8.82% |
Conventional | 2 | 0.5% | 100% | $285,000 | View |
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65 state st, Auburn, NY 13021 A5.0 ★Texas Ratio: 7.78% |
Conventional | 1 | 0.2% | 100% | $45,000 | View |
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4839 State Highway 30, Amsterdam, NY 12010 A5.0 ★Texas Ratio: 6.03% |
Conventional | 1 | 0.2% | 100% | $455,000 | View |
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182 Main St, Afton, NY 13730 A+5.0 ★Texas Ratio: 3.43% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
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1440 Central Ave, Albany, NY 12205 A+5.0 ★Texas Ratio: 5.44% |
HELOC | 0 +1 HELOCs |
0% | 0% | View | |
Better Mortgage Corporation
300 Crosspoint Pkwy, Getzville, NY 14068 1606 |
HELOC | 0 +1 HELOCs |
0% | n/a | ||
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125 State St, Albany, NY 12207 A+5.0 ★Texas Ratio: 3.71% |
HELOC | 0 +1 HELOCs |
0% | n/a | View | |
Homestead Funding Corp.
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Conventional, FHA, VA | 10 | 2.5% | 100% | $237,000 | |
1St Priority Mortgage, Inc.
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FHA, VA | 4 | 1% | 100% | $215,000 | |
Contour Mortgage Corporation
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VA | 1 | 0.2% | 100% | $225,000 | |
Hunt Mortgage Corporation
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VA | 1 | 0.2% | 100% | $205,000 | |
Movement Mortgage, LLC
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Conventional, FHA, VA | 73 | 17.9% | 100% | $183,493 | |
Mortgage Research Center
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VA | 32 | 7.9% | 86.5% | $234,375 | |
Rocket Mortgage
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Conventional, FHA, VA | 20 | 4.9% | 62.5% | $137,500 | |
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A5.0 ★Texas Ratio: 8.14% |
Conventional, VA, HELOC | 15 +1 HELOCs |
3.7% | 83.3% | $194,333 | |
United Wholesale Mortgage
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Conventional, FHA, VA | 11 | 2.7% | 100% | $189,545 | |
CrossCountry Mortgage, LLC
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FHA, VA | 11 | 2.7% | 100% | $235,000 | |
loanDepot.com LLC
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Conventional, FHA, VA | 11 | 2.7% | 84.6% | $182,272 | |
Pennymac Loan Services LLC
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Conventional, FHA, VA | 9 | 2.2% | 90% | $247,222 | |
Plaza Home Mortgage, Inc
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FHA, VA | 9 | 2.2% | 100% | $207,222 | |
Freedom Mortgage Corporation
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FHA, VA | 6 | 1.5% | 100% | $220,000 | |
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B-3.5 ★Texas Ratio: 6.80% |
Conventional, VA | 5 | 1.2% | 83.3% | $225,000 | View |
Planet Home Lending, LLC
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VA | 5 | 1.2% | 83.3% | $217,000 | |
Newrez LLC
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VA | 4 | 1% | 80% | $230,000 | |
Nationstar Mortgage
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Conventional, FHA, VA | 4 | 1% | 100% | $155,000 | |
Equity Prime Mortgage LLC
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FHA, VA | 3 | 0.7% | 100% | $168,333 | |
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A+5.0 ★Texas Ratio: 4.81% |
VA | 3 | 0.7% | 100% | $225,000 | View |
American Financial Network, Inc.
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FHA | 2 | 0.5% | 100% | $170,000 | |
Alliant Credit Union
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Conventional | 1 | 0.2% | 100% | $395,000 | |
Guaranteed Rate Affinity, LLC
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Conventional | 1 | 0.2% | 100% | $295,000 | |
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D3.5 ★Texas Ratio: 32.93% |
Conventional | 1 | 0.2% | 100% | $295,000 | View |
PHH Mortgage Corporation
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VA | 1 | 0.2% | 100% | $205,000 | |
Cmg Mortgage Inc
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Conventional | 1 | 0.2% | 100% | $145,000 | |
Embrace Home Loans, Inc.
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VA | 1 | 0.2% | 100% | $185,000 | |
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A+5.0 ★Texas Ratio: 2.20% |
Conventional | 1 | 0.2% | 100% | $155,000 | View |
Pentagon Federal Credit Union
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VA | 1 | 0.2% | 100% | $455,000 | |
New American Funding, LLC.
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VA | 1 | 0.2% | 100% | $225,000 | |
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B+4.8 ★Texas Ratio: 16.98% |
VA | 1 | 0.2% | 100% | $305,000 | View |
Carrington Mortgage Services LLC
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VA | 1 | 0.2% | 50% | $195,000 | |
Texana Bank
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VA | 1 | 0.2% | 100% | $215,000 |
Watertown Mortgage Rate Trends
Daily average mortgage rates for New York compared with the national average, updated every evening.
Mortgage Lenders and Mortgage Brokers Near Me in Watertown, New York
Looking for mortgage lenders near me or mortgage brokers near me in Watertown? The list below shows the banks, credit unions and mortgage brokers that closed home loans in Watertown in 2025, with lenders based there listed first.
Types of Mortgage Lenders in Watertown, NY
Use these to narrow the list above. Each category shows how many Watertown, NY lenders fit and what that kind of lender is usually best for.
Who Lends in Watertown, NY
Independent mortgage companies closed 54.8 percent of home loans in Watertown, New York in 2025, banks 23.6 percent and credit unions 21.6 percent. Better Mortgage Corporation was the largest mortgage company, Watertown Savings Bank the largest bank and Northern Credit Union the largest credit union. Among lenders headquartered in New York, Northern Credit Union led with 41 loans.
How to Read This List
A high approval share with a small median loan usually points to a lender comfortable with first time and FHA borrowers. A large median loan with conventional and jumbo programs points to a move up and jumbo specialist. The health grade says whether a bank or credit union is financially sound; it says nothing about service, which is what the reviews below are for.
Attorneys customarily handle closings in New York. State mortgage recording tax of 0.5 percent plus a 0.25 percent special additional tax (paid by the lender on one to six family homes) and 0.25 percent more in the MCTD counties; in New York City the combined rate is 2.05 percent under $500,000 and 2.175 percent at or above, of which the borrower effectively pays 1.8 or 1.925 percent. State transfer tax is $2 per $500 plus a 1 percent mansion tax on homes of $1 million or more; NYC adds its own 1 to 1.425 percent RPTT. A CEMA (consolidation, extension and modification agreement) assigns the old mortgage to the new lender so recording tax is paid only on new money, and is standard practice for refinances and many purchases.
More New York Mortgage Lender Pages
Frequently Asked Questions About Mortgage Lenders in Watertown, NY
By home loans closed in 2025, Northern Credit Union was the largest mortgage lender in Watertown, New York with 41 loans, about 10.1 percent of the market. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Among lenders with meaningful volume in Watertown, New York, Movement Mortgage, LLC approved the highest share of completed applications in 2025 at 100 percent, against a 85.7 percent average for all lenders. Approval share reflects the applicants a lender attracts as much as its underwriting, so compare it alongside loan programs and median loan size. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
16 lenders closed FHA loans in Watertown, New York in 2025, led by Movement Mortgage, LLC with 9. 30 lenders closed VA loans, led by Movement Mortgage, LLC. Use the FHA and VA filters above the table to see only those lenders; FHA loans allow 3.5 percent down and lower credit scores, VA loans need no down payment for eligible veterans. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Yes. 15 banks and 8 credit unions closed home loans in Watertown, New York in 2025, alongside 26 independent mortgage companies and brokers. Banks and credit unions carry a MonitorBankRates health grade. Mortgage companies are not deposit institutions, so they have no health grade; their HMDA figures and borrower reviews stand in. Source: Home Mortgage Disclosure Act data for 2025, published by the FFIEC and CFPB.
Lenders are ranked only by the number of home loans they closed in Watertown, New York during 2025 as reported under the federal Home Mortgage Disclosure Act. No lender pays to be listed or to rank higher, and reviews do not change the order. Counts cover first and second lien loans on one to four unit homes for purchase, refinance and home improvement; home equity lines are counted separately.
Methodology and Sources
Lender rankings use the loan level records that lenders file under the Home Mortgage Disclosure Act, published by the FFIEC and the Consumer Financial Protection Bureau for the 2025 reporting year. Counts include originated first and subordinate lien loans on one to four unit homes in Watertown, New York for purchase, refinance and other purposes; home equity lines of credit are counted separately and reverse mortgages and business purpose loans are excluded. Approval share is originations plus approved but not accepted applications divided by all completed applications (withdrawn and incomplete files are excluded). Lender type comes from the lender's federal regulator and the FFIEC National Information Center. City figures use the Census tracts that make up Watertown. Health grades are MonitorBankRates data and are current as of the date shown. Lenders below the HMDA reporting thresholds do not appear. MonitorBankRates receives no payment for placement on this page. Last updated October 8, 2026.
