Trustco Bank
Albany, NY · What the federal mortgage record shows about how Trustco Bank treated New Jersey applicants, 2018–2025 — 277 reported decisions. This is historical behavior, not a prediction about your loan.
Share of 277 New Jersey applications Trustco Bank approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.
Approval rate by loan type
“NJ” = the statewide average approval rate for that loan type, for comparison.
Approval rate over time
Pricing
Adjusting for its loan-type mix, Trustco Bank’s rates ran -0.25 pp lower than the typical New Jersey lender (average rate spread -0.03 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.
Who Trustco Bank approves
Why Trustco Bank denied applications
Where Trustco Bank lends in NJ
| County | Decisions | Approval |
|---|---|---|
| Bergen County | 210 | 60.0% |
| Essex County | 30 | 70.0% |
Fees & closing costs
Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Trustco Bank’s home-purchase originations — 0.87 points lower than the 1.93% New Jersey median. Typical lender credit toward costs: $250. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →
Compare Trustco Bank to other lenders for your profile
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Open the approval tool →Source: CFPB HMDA loan-level data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in New Jersey reported by Trustco Bank (LEI 549300GCEP3NM7A1X491). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →