Fayette County
Pennsylvania · FIPS 42051
According to CFPB HMDA 2024 application volume among U.S. counties, Fayette County ranks #649 of 3,210, and #28 of 67 in Pennsylvania.
Mortgage lending activity in Fayette County, Pennsylvania based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Fayette County, Pennsylvania saw 3,528 HMDA-reported mortgage applications in 2024. Lenders originated 1,902 of those loans and denied 761, producing a denial rate of 21.6% and an approval (origination) rate of 53.9%. The average loan amount was $120,672 at an average note rate of 7.35%, with applicants self-reporting average annual income of $34K. 167 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 3.5x, meaning typical borrowers took on mortgages of about 3.5 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. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Fayette County
In Fayette County, lead originator Pnc Bank N.A. funded 16.4% of 1,902 originated loans, in the middle tercile of U.S. counties (~10.9-16.7% top-1). The top three reporters together hold 34.2% of the book; a local credit union or regional bank still sits beside the national wholesalers.
Counties With Similar Application Volume
Nationwide counties nearest to Fayette County's 3,528 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Fayette County's $120,672 average loan (deduped against volume peers).
Lenders active in Fayette County
Pnc Bank N.A. funded 311 of the 1,902 loans originated in Fayette County, 16.4% of the county. 167 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Pnc Bank N.A. | 311 | 16.4% |
| 2 | Somerset Trust Company | 182 | 9.6% |
| 3 | First Federal Savings and Loan | 157 | 8.3% |
| 4 | First National Bank of PA | 124 | 6.5% |
| 5 | Rocket Mortgage | 117 | 6.2% |
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; does not constitute financial advice for Fayette County borrowers.
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 Fayette County 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. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.