PlainLender

S&T Bank

Indiana, PA

S&T Bank processed 3,994 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 2,501 loans with a 23.6% denial rate. Home Purchase was the primary loan purpose. Based in Indiana, PA. The approval rate of 62.6% 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. S&T Bank processed 3,994 HMDA-reported mortgage applications in 2024, originating 2,501 loans and denying 942 for a denial rate of 23.6% (applicants themselves withdrew 230 files before a decision). The average loan amount was $259,354 at a 6.644% average note rate, and applicants self-reported an average income of $35,000. The lender reports under LEI MCXHCL35UUWDZK7NCQ61 from Indiana, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. S&T Bank's 62.6% origination rate tells you how often an application turned into funded money; the 23.6% 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 (3,994 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.

3,994
Applications
2,501
Originated
23.6%
Denial Rate
$259,354
Avg Loan Amount
Avg Interest Rate: 6.644% Avg Applicant Income: $35,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 3,994 2,501 942 $259,354

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for S&T Bank (LEI: MCXHCL35UUWDZK7NCQ61) · 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
443
Credit history
376
Collateral
256
Unverifiable information
57
Other
34
Insufficient cash
12
Employment history
4
Credit application incomplete
3

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 1,217 827 $459,979
Refinancing 1,076 694 $248,671
Home Improvement 999 590 $119,625
Other 562 287 $109,253
Cash-out Refinancing 140 103 $197,071

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 3,143 64.1% 23.8%
Black or African American 206 43.2% 21.4%
Asian 120 50.8% 28.3%
Joint 41 58.5% 26.8%
2 or more minority races 3 33.3% 66.7%
American Indian or Alaska Native 2 0.0% 50.0%
Native Hawaiian or Other Pacific Islander 1 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 3,444 62.4% 23.7%
Hispanic or Latino 49 53.1% 30.6%
Joint 27 63.0% 29.6%

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 S&T 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 S&T Bank process?
S&T Bank processed 3,994 mortgage applications in the 2023 HMDA reporting year. Of these, 2,501 were originated (approved and funded), 230 were withdrawn by the applicant, and 942 were denied.
What is S&T Bank's mortgage approval rate?
S&T Bank has an approval (origination) rate of 62.6%, meaning 62.6% of all applications resulted in a funded mortgage. The denial rate is 23.6%.
What is the average loan amount at S&T Bank?
The average mortgage loan amount at S&T Bank is $259,354. The average interest rate is 6.644%. The average applicant income is $35,000.
What are the most common reasons for mortgage denial at S&T Bank?
The most common reasons for mortgage denial at S&T Bank are: Debt-to-income ratio, Credit history, Collateral. In total, 942 applications were denied out of 3,994 total applications.
What types of mortgage loans does S&T Bank offer?
S&T Bank processes Conventional loans. The most common type is Conventional with 3,994 applications and an average loan amount of $259,354.
What loan purposes does S&T Bank serve?
S&T Bank serves the following loan purposes: Home Purchase (1,217 applications), Refinancing (1,076 applications), Home Improvement (999 applications), Other (562 applications), Cash-out Refinancing (140 applications). Home Purchase is the most common purpose.
Where is S&T Bank located?
S&T Bank is headquartered in Indiana, PA. The lender is identified by LEI MCXHCL35UUWDZK7NCQ61 in HMDA data.
How does S&T Bank compare in lending across racial demographics?
S&T Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 64.1% and denial rate of 23.8%; Black or African American applicants have an approval rate of 43.2% and denial rate of 21.4%; Asian applicants have an approval rate of 50.8% and denial rate of 28.3%. 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.