Federated Mortgage Corp

Pittsburgh, PA

Federated Mortgage Corp processed 394 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 394 loans with a 0.0% denial rate. Home Purchase was the primary loan purpose. Based in Pittsburgh, PA. The approval rate of 100.0% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Federated Mortgage Corp's 100.0% origination rate tells you how often an application turned into funded money; the 0.0% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (352 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

394
Applications
394
Originated
0.0%
Denial Rate
$371,574
Avg Loan Amount
Avg Interest Rate: 6.553% Avg Applicant Income: $35,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 352 352 0 $383,182
FHA 28 28 0 $259,286
VA 12 12 0 $325,833
USDA 2 2 0 $175,000

Top loan types - Federated Mortgage Corp

Top loan types - Federated Mortgage Corp Horizontal bar chart of the top 4 items by value (applications). Top loan types - Federated Mortgage Corp Top 4 1. Conventional 352 2. FHA 28 3. VA 12 4. USDA 2 Top 5 loan types by application volume at Federated Mortgage Corp (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Federated Mortgage Corp (LEI: 5493009RSCJ6Y7LUWJ31) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 295 295 $332,356
Refinancing 95 95 $490,158
Cash-out Refinancing 4 4 $447,500

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 210 100.0% 0.0%
Asian 149 100.0% 0.0%
Black or African American * 9 100.0% 0.0%
Joint * 9 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 349 100.0% 0.0%
Hispanic or Latino * 12 100.0% 0.0%
Joint * 5 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in PA

Other HMDA-reporting lenders in PA with similar activity. Compare any two side-by-side.

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Federated Mortgage Corp process?
Federated Mortgage Corp processed 394 mortgage applications in the 2024 HMDA reporting year. Of these, 394 were originated (approved and funded), and 0 were denied.
What is Federated Mortgage Corp's mortgage approval rate?
Federated Mortgage Corp has an approval (origination) rate of 100.0%, meaning 100.0% of all applications resulted in a funded mortgage. The denial rate is 0.0%.
What is the average loan amount at Federated Mortgage Corp?
The average mortgage loan amount at Federated Mortgage Corp is $371,574. The average interest rate is 6.553%. The average applicant income is $35,000.
What types of mortgage loans does Federated Mortgage Corp offer?
Federated Mortgage Corp processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 352 applications and an average loan amount of $383,182.
What loan purposes does Federated Mortgage Corp serve?
Federated Mortgage Corp serves the following loan purposes: Home Purchase (295 applications), Refinancing (95 applications), Cash-out Refinancing (4 applications). Home Purchase is the most common purpose.
Where is Federated Mortgage Corp located?
Federated Mortgage Corp is headquartered in Pittsburgh, PA. The lender is identified by LEI 5493009RSCJ6Y7LUWJ31 in HMDA data.
How does Federated Mortgage Corp compare in lending across racial demographics?
Federated Mortgage Corp reports demographic lending data under HMDA requirements. White applicants have an approval rate of 100.0% and denial rate of 0.0%; Asian applicants have an approval rate of 100.0% and denial rate of 0.0%; Black or African American applicants have an approval rate of 100.0% and denial rate of 0.0%. This data reflects derived race categories as reported by applicants.

Data Sources

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.