Toll Brothers Mortgage Company

Fort Washington, PA

Toll Brothers Mortgage Company processed 7,974 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 4,115 loans with a 7.2% denial rate. Home Purchase was the primary loan purpose. Based in Fort Washington, PA. The approval rate of 51.6% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Toll Brothers Mortgage Company's 51.6% origination rate tells you how often an application turned into funded money; the 7.2% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Insufficient cash, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (7,281 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.

7,974
Applications
4,115
Originated
7.2%
Denial Rate
$591,590
Avg Loan Amount
Avg Interest Rate: 6.441% Avg Applicant Income: $37,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 7,281 3,722 501 $591,995
VA 460 264 32 $644,370
FHA 233 129 44 $474,742

Top loan types - Toll Brothers Mortgage Company

Top loan types - Toll Brothers Mortgage Company Horizontal bar chart of the top 3 items by value (applications). Top loan types - Toll Brothers Mortgage Company Top 3 1. Conventional 7,281 2. VA 460 3. FHA 233 Top 5 loan types by application volume at Toll Brothers Mortgage Company (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Toll Brothers Mortgage Company (LEI: 5493009BD405QQTMXO12) · 2024 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
479
Insufficient cash
83
Credit history
42
Other
42
Employment history
12
Unverifiable information
9
Collateral
3
Credit application incomplete
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 7,968 4,111 $591,432
Refinancing 6 4 $801,667

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 3,559 57.5% 5.7%
Asian 2,388 45.4% 8.3%
Black or African American 319 48.6% 10.7%
Joint 273 52.4% 6.6%
American Indian or Alaska Native * 17 70.6% 5.9%
2 or more minority races * 8 50.0% 12.5%
Native Hawaiian or Other Pacific Islander * 7 57.1% 28.6%

* 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 5,777 52.5% 6.7%
Hispanic or Latino 475 48.6% 10.9%
Joint 295 52.5% 7.8%

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 Toll Brothers Mortgage Company process?
Toll Brothers Mortgage Company processed 7,974 mortgage applications in the 2024 HMDA reporting year. Of these, 4,115 were originated (approved and funded), 828 were withdrawn by the applicant, and 577 were denied.
What is Toll Brothers Mortgage Company's mortgage approval rate?
Toll Brothers Mortgage Company has an approval (origination) rate of 51.6%, meaning 51.6% of all applications resulted in a funded mortgage. The denial rate is 7.2%.
What is the average loan amount at Toll Brothers Mortgage Company?
The average mortgage loan amount at Toll Brothers Mortgage Company is $591,590. The average interest rate is 6.441%. The average applicant income is $37,000.
What are the most common reasons for mortgage denial at Toll Brothers Mortgage Company?
The most common reasons for mortgage denial at Toll Brothers Mortgage Company are: Debt-to-income ratio, Insufficient cash, Credit history. In total, 577 applications were denied out of 7,974 total applications.
What types of mortgage loans does Toll Brothers Mortgage Company offer?
Toll Brothers Mortgage Company processes Conventional, VA, FHA loans. The most common type is Conventional with 7,281 applications and an average loan amount of $591,995.
What loan purposes does Toll Brothers Mortgage Company serve?
Toll Brothers Mortgage Company serves the following loan purposes: Home Purchase (7,968 applications), Refinancing (6 applications). Home Purchase is the most common purpose.
Where is Toll Brothers Mortgage Company located?
Toll Brothers Mortgage Company is headquartered in Fort Washington, PA. The lender is identified by LEI 5493009BD405QQTMXO12 in HMDA data.
How does Toll Brothers Mortgage Company compare in lending across racial demographics?
Toll Brothers Mortgage Company reports demographic lending data under HMDA requirements. White applicants have an approval rate of 57.5% and denial rate of 5.7%; Asian applicants have an approval rate of 45.4% and denial rate of 8.3%; Black or African American applicants have an approval rate of 48.6% and denial rate of 10.7%. 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.