The Ephrata National Bank

Ephrata, PA

The Ephrata National Bank processed 1,331 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 905 loans with a 19.2% denial rate. Home Purchase was the primary loan purpose. Based in Ephrata, PA. The approval rate of 68.0% 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. The Ephrata National Bank processed 1,331 HMDA-reported mortgage applications in 2024, originating 905 loans and denying 255 for a denial rate of 19.2% (applicants themselves withdrew 55 files before a decision). The average loan amount was $233,227 at a 6.490% average note rate, and applicants self-reported an average income of $35,000. The lender reports under LEI 549300T560RY8NY4EY89 from Ephrata, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. The Ephrata National Bank's 68.0% origination rate tells you how often an application turned into funded money; the 19.2% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Collateral, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,309 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.

1,331
Applications
905
Originated
19.2%
Denial Rate
$233,227
Avg Loan Amount
Avg Interest Rate: 6.490% Avg Applicant Income: $35,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,309 896 249 $231,547
FHA 15 7 5 $231,667
VA 6 2 0 $595,000
USDA 1 0 1 $285,000

Top loan types — The Ephrata National Bank

Top loan types — The Ephrata National Bank Horizontal bar chart of the top 4 items by value (applications). Top loan types — The Ephrata National Bank Top 4 1. Conventional 1,309 2. FHA 15 3. VA 6 4. USDA 1 Top 5 loan types by application volume at The Ephrata National 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 The Ephrata National Bank (LEI: 549300T560RY8NY4EY89) · 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
128
Collateral
77
Credit history
69
Other
52
Employment history
13
Unverifiable information
5
Insufficient cash
3
Credit application incomplete
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 624 473 $333,029
Home Improvement 306 192 $132,157
Other 202 118 $121,287
Refinancing 172 104 $177,209
Cash-out Refinancing 27 18 $266,481

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 1,091 67.5% 20.5%
Asian 31 48.4% 16.1%
Black or African American 25 48.0% 28.0%
Joint 18 72.2% 22.2%
American Indian or Alaska Native 5 80.0% 20.0%

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 1,113 66.8% 20.8%
Joint 18 66.7% 16.7%
Hispanic or Latino 10 40.0% 50.0%

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 The Ephrata National Bank process?
The Ephrata National Bank processed 1,331 mortgage applications in the 2023 HMDA reporting year. Of these, 905 were originated (approved and funded), 55 were withdrawn by the applicant, and 255 were denied.
What is The Ephrata National Bank's mortgage approval rate?
The Ephrata National Bank has an approval (origination) rate of 68.0%, meaning 68.0% of all applications resulted in a funded mortgage. The denial rate is 19.2%.
What is the average loan amount at The Ephrata National Bank?
The average mortgage loan amount at The Ephrata National Bank is $233,227. The average interest rate is 6.490%. The average applicant income is $35,000.
What are the most common reasons for mortgage denial at The Ephrata National Bank?
The most common reasons for mortgage denial at The Ephrata National Bank are: Debt-to-income ratio, Collateral, Credit history. In total, 255 applications were denied out of 1,331 total applications.
What types of mortgage loans does The Ephrata National Bank offer?
The Ephrata National Bank processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 1,309 applications and an average loan amount of $231,547.
What loan purposes does The Ephrata National Bank serve?
The Ephrata National Bank serves the following loan purposes: Home Purchase (624 applications), Home Improvement (306 applications), Other (202 applications), Refinancing (172 applications), Cash-out Refinancing (27 applications). Home Purchase is the most common purpose.
Where is The Ephrata National Bank located?
The Ephrata National Bank is headquartered in Ephrata, PA. The lender is identified by LEI 549300T560RY8NY4EY89 in HMDA data.
How does The Ephrata National Bank compare in lending across racial demographics?
The Ephrata National Bank reports demographic lending data under HMDA requirements. White applicants have an approval rate of 67.5% and denial rate of 20.5%; Asian applicants have an approval rate of 48.4% and denial rate of 16.1%; Black or African American applicants have an approval rate of 48.0% and denial rate of 28.0%. 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.