Pennian Bank

Mifflintown, PA

Pennian Bank processed 124 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 93 loans with a 9.7% denial rate. Home Purchase was the primary loan purpose. Based in Mifflintown, PA. The approval rate of 75.0% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Pennian Bank's 75.0% origination rate tells you how often an application turned into funded money; the 9.7% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (124 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.

124
Applications
93
Originated
9.7%
Denial Rate
$215,403
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 124 93 12 $215,403

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Pennian Bank (LEI: 254900XY9IETIM2DL872) · 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 Approval rates exclude withdrawn / incomplete applications.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 91 70 $209,286
Refinancing 14 11 $413,571
Other 8 3 $81,250
Home Improvement 7 6 $55,000
Cash-out Refinancing 4 3 $210,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 73 67.1% 11.0%
Asian * 4 100.0% 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 74 68.9% 12.2%
Hispanic or Latino * 2 50.0% 0.0%
Joint * 1 0.0% 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 Pennian Bank process?
Pennian Bank processed 124 mortgage applications in the 2024 HMDA reporting year. Of these, 93 were originated (approved and funded), 7 were withdrawn by the applicant, and 12 were denied.
What is Pennian Bank's mortgage approval rate?
Pennian Bank has an approval (origination) rate of 75.0%, meaning 75.0% of all applications resulted in a funded mortgage. The denial rate is 9.7%.
What is the average loan amount at Pennian Bank?
The average mortgage loan amount at Pennian Bank is $215,403.
What types of mortgage loans does Pennian Bank offer?
Pennian Bank processes Conventional loans. The most common type is Conventional with 124 applications and an average loan amount of $215,403.
What loan purposes does Pennian Bank serve?
Pennian Bank serves the following loan purposes: Home Purchase (91 applications), Refinancing (14 applications), Other (8 applications), Home Improvement (7 applications), Cash-out Refinancing (4 applications). Home Purchase is the most common purpose.
Where is Pennian Bank located?
Pennian Bank is headquartered in Mifflintown, PA. The lender is identified by LEI 254900XY9IETIM2DL872 in HMDA data.
How does Pennian Bank compare in lending across racial demographics?
Pennian Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 67.1% and denial rate of 11.0%; Asian 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.