State College
Metropolitan Statistical Area · MSA Code 44300
According to CFPB HMDA 2024 application volume among tracked metros, State College ranks #385 of 418.
Mortgage lending activity in the State College metro area based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this geography during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Metro-area mortgage activity. The State College Metropolitan Statistical Area (MSA code 44300) financed its book at an average note rate of 7.02%. 20 major lenders are tracked for this metro - Kish Bank, Jersey Shore State Bank, PA State Employees Cu lead by origination volume. Among the 418 metros tracked, State College sits in the 75th percentile for approval-friendliness by denial rate, and shares its 5-point denial-rate band with 117 other tracked metros.
What MSA numbers tell you, and what they don't. Metro area boundaries are defined by the U.S. Office of Management and Budget and typically span multiple counties, so a single State College denial rate averages across urban core, inner suburbs, and outer commuter communities with very different borrower profiles. A 14.6% denial rate at the MSA level can coexist with widely varying individual-lender denial rates; $220,339 average loan size reflects the MSA's property values and the borrower pool that actually applied, not any single neighborhood. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in State College
In State College, lead originator Kish Bank funded only 8.1% of 2,260 originated loans, below the fleet's lower tercile (~8.7% top-1 share). The top three reporters together hold 21.9% of the book, so shopping across channels still meets many active filers.
Metros With a Similar Denial Rate
The metro areas closest to State College's 14.6% denial rate among all 418 tracked MSAs.
Metros With Similar Application Volume
Nationwide MSAs nearest to State College's 3,375 HMDA applications (deduped against the denial-rate neighbourhood).
Metros With a Similar Average Loan
Nationwide MSAs nearest to State College's $220,339 average loan (deduped against denial and volume peers).
Lenders active in the State College metro
Kish Bank funded 182 of the 2,260 loans originated here, 8.1% of the metro. 20 reporting lenders follow.
| # | Lender | Originated | Applications | Avg Loan | Market Share |
|---|---|---|---|---|---|
| 1 | Kish Bank | 182 | 207 | $339,928 | 8.1% |
| 2 | Jersey Shore State Bank | 178 | 211 | $169,218 | 7.9% |
| 3 | PA State Employees Cu | 136 | 179 | $96,676 | 6.0% |
| 4 | Rocket Mortgage | 127 | 156 | $248,077 | 5.6% |
| 5 | United Wholesale Mortgage | 123 | 148 | $287,365 | 5.4% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For the State College metropolitan area, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- Metropolitan Statistical Areas are defined by the U.S. Office of Management and Budget (OMB). Not financial advice for State College borrowers. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.