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2024 data HMDA 2024 disclosure official source

Allegheny County

42,481 mortgage applications, 16.9% denial rate. Verify FIPS 42003 with U.S. Census Bureau →

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Pennsylvania · FIPS 42003

Local mortgage market. Allegheny County, Pennsylvania saw 42,481 HMDA-reported mortgage applications in 2024. Lenders originated 23,451 of those loans and denied 7,163, producing a denial rate of 16.9% and an approval (origination) rate of 55.2%. The average loan amount was $212,133 at an average note rate of 7.34%, with applicants self-reporting average annual income of $36K. 483 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.9x, meaning typical borrowers took on mortgages of about 5.9 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 42003 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

42,481
Applications
23,451
Originated
16.9%
Denial Rate
55.2%
Approval Rate
$212,133
Avg Loan Amount
7.34%
Avg Interest Rate
$36K
Avg Applicant Income
5.9x
Loan-to-Income Ratio

Nearby Lenders in Allegheny County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Pnc Bank N.A. 2,401 10.2%
2 CBNA Year to Date 1,656 7.1%
3 Dollar Bank, FSB 1,607 6.9%
4 Rocket Mortgage 1,355 5.8%
5 United Wholesale Mortgage 974 4.2%
Compare Pnc Bank N.A. vs CBNA Year to Date →

Frequently Asked Questions

How many mortgage applications were filed in Allegheny County?
In the 2024 HMDA reporting year, 42,481 mortgage applications were filed in Allegheny County, Pennsylvania. Of these, 23,451 were originated (approved and funded), while 7,163 were denied, resulting in a denial rate of 16.9%.
What is the mortgage denial rate in Allegheny County?
The mortgage denial rate in Allegheny County is 16.9%. The approval (origination) rate is 55.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Allegheny County?
The average mortgage loan amount in Allegheny County is $212,133. The average interest rate is 7.345%. The average applicant income is $36K.
What is the loan-to-income ratio in Allegheny County?
The average loan-to-income ratio in Allegheny County is 5.9x, meaning borrowers took on loans averaging 5.9 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Allegheny County?
The top mortgage lenders in Allegheny County by origination volume are Pnc Bank N.A., CBNA Year to Date, Dollar Bank, FSB. In total, 483 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.