PlainLender

MARQUETTE SAVINGS BANK

ERIE, PA

MARQUETTE SAVINGS BANK processed 971 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 784 loans with a 7.6% denial rate. Home Purchase was the primary loan purpose. Based in ERIE, PA. The approval rate of 80.7% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. MARQUETTE SAVINGS BANK processed 971 HMDA-reported mortgage applications in 2024, originating 784 loans and denying 74 for a denial rate of 7.6% (applicants themselves withdrew 77 files before a decision). The average loan amount was $162,992 at a 6.632% average note rate, and applicants self-reported an average income of $32,000. The lender reports under LEI 549300IL0IHBRVBZKO13 from ERIE, PA.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. MARQUETTE SAVINGS BANK's 80.7% origination rate tells you how often an application turned into funded money; the 7.6% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (971 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.

971
Applications
784
Originated
7.6%
Denial Rate
$162,992
Avg Loan Amount
Avg Interest Rate: 6.632% Avg Applicant Income: $32,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 971 784 74 $162,992

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for MARQUETTE SAVINGS BANK (LEI: 549300IL0IHBRVBZKO13) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
35
Credit history
29
Collateral
13
Mortgage insurance denied
3

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 588 485 $212,109
Other 146 109 $66,301
Home Improvement 141 112 $69,539
Refinancing 89 71 $142,753
Cash-out Refinancing 7 7 $193,571

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 847 81.2% 7.1%
Black or African American 25 68.0% 24.0%
Joint 22 77.3% 9.1%
Asian 15 80.0% 6.7%
American Indian or Alaska Native 7 85.7% 0.0%
Native Hawaiian or Other Pacific Islander 1 100.0% 0.0%

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 869 81.5% 7.6%
Hispanic or Latino 20 75.0% 0.0%
Joint 7 71.4% 14.3%

Nearby Lenders in PA

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

NEWREZ LLC

FORT WASHINGTON, PA

248,242 apps 52,121 originated 11.5% denied

PNC BANK N.A.

Pittsburgh, PA

127,108 apps 56,830 originated 25.4% denied

SPRING EQ, LLC

RADNOR, PA

104,263 apps 31,186 originated 54.8% denied

NVR MORTGAGE FINANCE, INC.

PITTSBURGH, PA

23,698 apps 17,311 originated 17.1% denied

FIRST NATIONAL BANK OF PA

PITTSBURGH, PA

22,946 apps 13,057 originated 25.0% denied
Compare MARQUETTE SAVINGS BANK vs NEWREZ LLC →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did MARQUETTE SAVINGS BANK process?
MARQUETTE SAVINGS BANK processed 971 mortgage applications in the 2023 HMDA reporting year. Of these, 784 were originated (approved and funded), 77 were withdrawn by the applicant, and 74 were denied.
What is MARQUETTE SAVINGS BANK's mortgage approval rate?
MARQUETTE SAVINGS BANK has an approval (origination) rate of 80.7%, meaning 80.7% of all applications resulted in a funded mortgage. The denial rate is 7.6%.
What is the average loan amount at MARQUETTE SAVINGS BANK?
The average mortgage loan amount at MARQUETTE SAVINGS BANK is $162,992. The average interest rate is 6.632%. The average applicant income is $32,000.
What are the most common reasons for mortgage denial at MARQUETTE SAVINGS BANK?
The most common reasons for mortgage denial at MARQUETTE SAVINGS BANK are: Debt-to-income ratio, Credit history, Collateral. In total, 74 applications were denied out of 971 total applications.
What types of mortgage loans does MARQUETTE SAVINGS BANK offer?
MARQUETTE SAVINGS BANK processes Conventional loans. The most common type is Conventional with 971 applications and an average loan amount of $162,992.
What loan purposes does MARQUETTE SAVINGS BANK serve?
MARQUETTE SAVINGS BANK serves the following loan purposes: Home Purchase (588 applications), Other (146 applications), Home Improvement (141 applications), Refinancing (89 applications), Cash-out Refinancing (7 applications). Home Purchase is the most common purpose.
Where is MARQUETTE SAVINGS BANK located?
MARQUETTE SAVINGS BANK is headquartered in ERIE, PA. The lender is identified by LEI 549300IL0IHBRVBZKO13 in HMDA data.
How does MARQUETTE SAVINGS BANK compare in lending across racial demographics?
MARQUETTE SAVINGS BANK reports demographic lending data under HMDA requirements. White applicants have an approval rate of 81.2% and denial rate of 7.1%; Black or African American applicants have an approval rate of 68.0% and denial rate of 24.0%; Joint applicants have an approval rate of 77.3% and denial rate of 9.1%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

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