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2024 data HMDA 2024 disclosure official source

Centre County

3,375 mortgage applications, 14.6% denial rate. Verify FIPS 42027 with U.S. Census Bureau →

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Pennsylvania · FIPS 42027

Local mortgage market. Centre County, Pennsylvania saw 3,375 HMDA-reported mortgage applications in 2024. Lenders originated 2,260 of those loans and denied 493, producing a denial rate of 14.6% and an approval (origination) rate of 67.0%. The average loan amount was $220,339 at an average note rate of 7.02%, with applicants self-reporting average annual income of $35K. 192 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.3x, meaning typical borrowers took on mortgages of about 6.3 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 42027 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

3,375
Applications
2,260
Originated
14.6%
Denial Rate
67.0%
Approval Rate
$220,339
Avg Loan Amount
7.02%
Avg Interest Rate
$35K
Avg Applicant Income
6.3x
Loan-to-Income Ratio

Nearby Lenders in Centre 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 Kish Bank 182 8.1%
2 Jersey Shore State Bank 178 7.9%
3 PA State Employees Cu 136 6.0%
4 Rocket Mortgage 127 5.6%
5 United Wholesale Mortgage 123 5.4%
Compare Kish Bank vs Jersey Shore State Bank →

Frequently Asked Questions

How many mortgage applications were filed in Centre County?
In the 2024 HMDA reporting year, 3,375 mortgage applications were filed in Centre County, Pennsylvania. Of these, 2,260 were originated (approved and funded), while 493 were denied, resulting in a denial rate of 14.6%.
What is the mortgage denial rate in Centre County?
The mortgage denial rate in Centre County is 14.6%. The approval (origination) rate is 67.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Centre County?
The average mortgage loan amount in Centre County is $220,339. The average interest rate is 7.020%. The average applicant income is $35K.
What is the loan-to-income ratio in Centre County?
The average loan-to-income ratio in Centre County is 6.3x, meaning borrowers took on loans averaging 6.3 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Centre County?
The top mortgage lenders in Centre County by origination volume are Kish Bank, Jersey Shore State Bank, PA State Employees Cu. In total, 192 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.