PlainLender

Northwest Bank

Warren, PA

Northwest Bank processed 4,862 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 3,226 loans with a 20.5% denial rate. Home Improvement was the primary loan purpose. Based in Warren, PA. The approval rate of 66.4% 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. Northwest Bank processed 4,862 HMDA-reported mortgage applications in 2024, originating 3,226 loans and denying 997 for a denial rate of 20.5% (applicants themselves withdrew 527 files before a decision). The average loan amount was $150,274 at a 7.464% average note rate, and applicants self-reported an average income of $36,000. The lender reports under LEI LVR1UQE8OOCO93IHEB52 from Warren, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Northwest Bank's 66.4% origination rate tells you how often an application turned into funded money; the 20.5% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (4,780 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.

4,862
Applications
3,226
Originated
20.5%
Denial Rate
$150,274
Avg Loan Amount
Avg Interest Rate: 7.464% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 4,780 3,169 988 $149,695
FHA 35 21 5 $215,286
VA 28 23 0 $202,143
USDA 19 13 4 $99,737

Top loan types — Northwest Bank

Top loan types — Northwest Bank Horizontal bar chart of the top 4 items by value (applications). Top loan types — Northwest Bank Top 4 1. Conventional 4,780 2. FHA 35 3. VA 28 4. USDA 19 Top 5 loan types by application volume at Northwest Bank (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Northwest Bank (LEI: LVR1UQE8OOCO93IHEB52) · 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

Credit history
443
Debt-to-income ratio
427
Collateral
179
Other
34
Employment history
32
Unverifiable information
31
Credit application incomplete
23
Insufficient cash
4

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Improvement 1,279 783 $78,542
Other 1,219 781 $96,493
Home Purchase 1,183 876 $295,676
Cash-out Refinancing 1,032 704 $133,023
Refinancing 149 82 $171,040

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 4,071 68.3% 19.4%
Black or African American 100 45.0% 42.0%
Asian 83 50.6% 28.9%
Joint 38 73.7% 13.2%
American Indian or Alaska Native 7 28.6% 71.4%
2 or more minority races 1 0.0% 100.0%
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 4,206 67.6% 19.9%
Hispanic or Latino 88 51.1% 37.5%
Joint 34 67.7% 17.6%

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 Northwest 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 Northwest Bank process?
Northwest Bank processed 4,862 mortgage applications in the 2023 HMDA reporting year. Of these, 3,226 were originated (approved and funded), 527 were withdrawn by the applicant, and 997 were denied.
What is Northwest Bank's mortgage approval rate?
Northwest Bank has an approval (origination) rate of 66.4%, meaning 66.4% of all applications resulted in a funded mortgage. The denial rate is 20.5%.
What is the average loan amount at Northwest Bank?
The average mortgage loan amount at Northwest Bank is $150,274. The average interest rate is 7.464%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at Northwest Bank?
The most common reasons for mortgage denial at Northwest Bank are: Credit history, Debt-to-income ratio, Collateral. In total, 997 applications were denied out of 4,862 total applications.
What types of mortgage loans does Northwest Bank offer?
Northwest Bank processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 4,780 applications and an average loan amount of $149,695.
What loan purposes does Northwest Bank serve?
Northwest Bank serves the following loan purposes: Home Improvement (1,279 applications), Other (1,219 applications), Home Purchase (1,183 applications), Cash-out Refinancing (1,032 applications), Refinancing (149 applications). Home Improvement is the most common purpose.
Where is Northwest Bank located?
Northwest Bank is headquartered in Warren, PA. The lender is identified by LEI LVR1UQE8OOCO93IHEB52 in HMDA data.
How does Northwest Bank compare in lending across racial demographics?
Northwest Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 68.3% and denial rate of 19.4%; Black or African American applicants have an approval rate of 45.0% and denial rate of 42.0%; Asian applicants have an approval rate of 50.6% and denial rate of 28.9%. 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.