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2024 data HMDA 2024 disclosure official source

Lancaster County

17,696 mortgage applications, 19.6% denial rate. Verify FIPS 42071 with U.S. Census Bureau →

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Pennsylvania · FIPS 42071

Local mortgage market. Lancaster County, Pennsylvania saw 17,696 HMDA-reported mortgage applications in 2024. Lenders originated 10,201 of those loans and denied 3,473, producing a denial rate of 19.6% and an approval (origination) rate of 57.6%. The average loan amount was $202,617 at an average note rate of 6.75%, with applicants self-reporting average annual income of $36K. 356 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.6x, meaning typical borrowers took on mortgages of about 5.6 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 42071 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

17,696
Applications
10,201
Originated
19.6%
Denial Rate
57.6%
Approval Rate
$202,617
Avg Loan Amount
6.75%
Avg Interest Rate
$36K
Avg Applicant Income
5.6x
Loan-to-Income Ratio

Nearby Lenders in Lancaster 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 Members 1st 1,145 11.2%
2 Fulton Bank, National Association 820 8.0%
3 Guild Mortgage Company 602 5.9%
4 The Ephrata National Bank 497 4.9%
5 Rocket Mortgage 471 4.6%
Compare Members 1st vs Fulton Bank, National Association →

Frequently Asked Questions

How many mortgage applications were filed in Lancaster County?
In the 2024 HMDA reporting year, 17,696 mortgage applications were filed in Lancaster County, Pennsylvania. Of these, 10,201 were originated (approved and funded), while 3,473 were denied, resulting in a denial rate of 19.6%.
What is the mortgage denial rate in Lancaster County?
The mortgage denial rate in Lancaster County is 19.6%. The approval (origination) rate is 57.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Lancaster County?
The average mortgage loan amount in Lancaster County is $202,617. The average interest rate is 6.753%. The average applicant income is $36K.
What is the loan-to-income ratio in Lancaster County?
The average loan-to-income ratio in Lancaster County is 5.6x, meaning borrowers took on loans averaging 5.6 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Lancaster County?
The top mortgage lenders in Lancaster County by origination volume are Members 1st, Fulton Bank, National Association, Guild Mortgage Company. In total, 356 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.