PlainLender

PS BANK

WYALUSING, PA

PS BANK processed 318 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 244 loans with a 9.4% denial rate. Home Purchase was the primary loan purpose. Based in WYALUSING, PA. The approval rate of 76.7% 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. PS BANK processed 318 HMDA-reported mortgage applications in 2024, originating 244 loans and denying 30 for a denial rate of 9.4% (applicants themselves withdrew 31 files before a decision). The average loan amount was $173,711. The lender reports under LEI 549300RXD00V454J4078 from WYALUSING, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. PS BANK's 76.7% origination rate tells you how often an application turned into funded money; the 9.4% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (318 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.

318
Applications
244
Originated
9.4%
Denial Rate
$173,711
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 318 244 30 $173,711

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for PS BANK (LEI: 549300RXD00V454J4078) · 2023 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 161 131 $255,435
Other 63 43 $85,476
Home Improvement 55 41 $60,091
Refinancing 20 16 $163,500
Cash-out Refinancing 19 13 $113,421

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 263 75.7% 10.3%
Asian 9 55.6% 11.1%
Black or African American 5 80.0% 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 264 76.1% 10.2%
Hispanic or Latino 4 75.0% 0.0%
Joint 2 100.0% 0.0%

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 PS 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

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Frequently Asked Questions

How many mortgage applications did PS BANK process?
PS BANK processed 318 mortgage applications in the 2023 HMDA reporting year. Of these, 244 were originated (approved and funded), 31 were withdrawn by the applicant, and 30 were denied.
What is PS BANK's mortgage approval rate?
PS BANK has an approval (origination) rate of 76.7%, meaning 76.7% of all applications resulted in a funded mortgage. The denial rate is 9.4%.
What is the average loan amount at PS BANK?
The average mortgage loan amount at PS BANK is $173,711.
What types of mortgage loans does PS BANK offer?
PS BANK processes Conventional loans. The most common type is Conventional with 318 applications and an average loan amount of $173,711.
What loan purposes does PS BANK serve?
PS BANK serves the following loan purposes: Home Purchase (161 applications), Other (63 applications), Home Improvement (55 applications), Refinancing (20 applications), Cash-out Refinancing (19 applications). Home Purchase is the most common purpose.
Where is PS BANK located?
PS BANK is headquartered in WYALUSING, PA. The lender is identified by LEI 549300RXD00V454J4078 in HMDA data.
How does PS BANK compare in lending across racial demographics?
PS BANK reports demographic lending data under HMDA requirements. White applicants have an approval rate of 75.7% and denial rate of 10.3%; Asian applicants have an approval rate of 55.6% and denial rate of 11.1%; Black or African American applicants have an approval rate of 80.0% and denial rate of 0.0%. 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.