PlainLender

Patriot FCU

CHAMBERSBURG, PA

Patriot FCU processed 1,165 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 721 loans with a 25.7% denial rate. Home Improvement was the primary loan purpose. Based in CHAMBERSBURG, PA. The approval rate of 61.9% 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. Patriot FCU processed 1,165 HMDA-reported mortgage applications in 2024, originating 721 loans and denying 299 for a denial rate of 25.7% (applicants themselves withdrew 89 files before a decision). The average loan amount was $99,464 at a 6.089% average note rate, and applicants self-reported an average income of $32,000. The lender reports under LEI 549300IWSSP83SNIPE63 from CHAMBERSBURG, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Patriot FCU's 61.9% origination rate tells you how often an application turned into funded money; the 25.7% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Other, Debt-to-income ratio, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,156 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.

1,165
Applications
721
Originated
25.7%
Denial Rate
$99,464
Avg Loan Amount
Avg Interest Rate: 6.089% Avg Applicant Income: $32,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,156 713 299 $98,218
FHA 5 5 0 $239,000
VA 3 2 0 $325,000
USDA 1 1 0 $165,000

Top loan types — Patriot FCU

Top loan types — Patriot FCU Horizontal bar chart of the top 4 items by value (applications). Top loan types — Patriot FCU Top 4 1. Conventional 1,156 2. FHA 5 3. VA 3 4. USDA 1 Top 5 loan types by application volume at Patriot FCU (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 Patriot FCU (LEI: 549300IWSSP83SNIPE63) · 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

Other
181
Debt-to-income ratio
170
Credit history
167
Collateral
67
Employment history
15
Credit application incomplete
3
Unverifiable information
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Improvement 457 292 $58,370
Other 303 164 $57,079
Refinancing 203 129 $121,059
Home Purchase 195 132 $235,154
Cash-out Refinancing 7 4 $210,714

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 974 64.4% 24.3%
Black or African American 42 21.4% 57.1%
Asian 22 40.9% 40.9%
Joint 21 42.9% 33.3%
American Indian or Alaska Native 3 33.3% 33.3%
Native Hawaiian or Other Pacific Islander 2 0.0% 100.0%

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 984 63.7% 24.6%
Hispanic or Latino 44 25.0% 56.8%
Joint 13 61.5% 30.8%

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 Patriot FCU 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

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Frequently Asked Questions

How many mortgage applications did Patriot FCU process?
Patriot FCU processed 1,165 mortgage applications in the 2023 HMDA reporting year. Of these, 721 were originated (approved and funded), 89 were withdrawn by the applicant, and 299 were denied.
What is Patriot FCU's mortgage approval rate?
Patriot FCU has an approval (origination) rate of 61.9%, meaning 61.9% of all applications resulted in a funded mortgage. The denial rate is 25.7%.
What is the average loan amount at Patriot FCU?
The average mortgage loan amount at Patriot FCU is $99,464. The average interest rate is 6.089%. The average applicant income is $32,000.
What are the most common reasons for mortgage denial at Patriot FCU?
The most common reasons for mortgage denial at Patriot FCU are: Other, Debt-to-income ratio, Credit history. In total, 299 applications were denied out of 1,165 total applications.
What types of mortgage loans does Patriot FCU offer?
Patriot FCU processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 1,156 applications and an average loan amount of $98,218.
What loan purposes does Patriot FCU serve?
Patriot FCU serves the following loan purposes: Home Improvement (457 applications), Other (303 applications), Refinancing (203 applications), Home Purchase (195 applications), Cash-out Refinancing (7 applications). Home Improvement is the most common purpose.
Where is Patriot FCU located?
Patriot FCU is headquartered in CHAMBERSBURG, PA. The lender is identified by LEI 549300IWSSP83SNIPE63 in HMDA data.
How does Patriot FCU compare in lending across racial demographics?
Patriot FCU reports demographic lending data under HMDA requirements. White applicants have an approval rate of 64.4% and denial rate of 24.3%; Black or African American applicants have an approval rate of 21.4% and denial rate of 57.1%; Asian applicants have an approval rate of 40.9% and denial rate of 40.9%. 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.