Pennsylvania Mortgage Lending
1,019 lenders reporting under HMDA
Statewide mortgage activity. Lenders filed 446,527 HMDA-reported mortgage applications in Pennsylvania in 2024, originating 245,926 loans and denying 82,231. That puts the statewide denial rate at 18.4% and the approval (origination) rate at 55.1%. The average loan amount across Pennsylvania was $214,851 at an average note rate of 7.12%. 1,019 distinct institutions, banks, credit unions, and independent mortgage companies, filed HMDA data covering activity in the state. Applications span 67 counties and 19 metropolitan areas.
What drives state-level differences. State mortgage denial rates reflect applicant mix more than lender stance. Credit profiles, loan-to-value ratios, debt-to-income, property type, and rural-versus-urban composition all move the number before any lender policy does. Demographic lending data reported under HMDA shows variation across applicant groups, for example, White applicants had an approval rate of 63.1% and denial rate of 18.5%; while Black or African American applicants had an approval rate of 46.1% and denial rate of 30.6%. These are derived race categories as reported by applicants and do not by themselves prove causation; credit score, income, and loan-to-value are not reported in HMDA and drive much of the underlying variation. Top counties by volume include Philadelphia County, Allegheny County, Montgomery County.
How to read this page. These are aggregate 2024 HMDA disclosures published by the Consumer Financial Protection Bureau, a federal transparency dataset, not a real-time market feed. A state-level number is useful for context but cannot tell you what rate, fees, or underwriting any individual lender will offer a specific borrower. This page is informational data reporting, not financial, legal, or mortgage advice. Shop at least three lenders, compare Loan Estimates line-by-line, and consult a licensed mortgage professional before applying. Data reflects the CFPB HMDA 2024 Snapshot National Loan-Level Dataset; demographic fields reflect derived categories as reported by applicants.
Nearby Lenders in Pennsylvania
Top HMDA-reporting lenders active in Pennsylvania. Compare any two side-by-side for rates, denial rates, and loan mix.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Rocket Mortgage | 13,900 | 5.7% |
| 2 | CBNA Year to Date | 9,085 | 3.7% |
| 3 | Pnc Bank N.A. | 8,902 | 3.6% |
| 4 | United Wholesale Mortgage | 7,776 | 3.2% |
| 5 | Crosscountry Mortgage, LLC | 7,065 | 2.9% |
Lending by Race in Pennsylvania
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 282,579 | 63.1% | 18.5% |
| Black or African American | 31,861 | 46.1% | 30.6% |
| Asian | 18,760 | 59.1% | 17.4% |
| Joint | 5,820 | 64.1% | 16.7% |
| American Indian or Alaska Native | 1,442 | 41.5% | 32.3% |
| 2 or more minority races | 734 | 42.6% | 33.9% |
| Native Hawaiian or Other Pacific Islander | 702 | 41.9% | 36.0% |
Counties in Pennsylvania
| County | Applications | Originated | Denial Rate | Avg Loan |
|---|---|---|---|---|
| Philadelphia County | 48,314 | 22,965 | 22.2% | $246,428 |
| Allegheny County | 42,481 | 23,451 | 16.9% | $212,133 |
| Montgomery County | 31,529 | 17,499 | 15.6% | $298,951 |
| Bucks County | 23,032 | 12,569 | 17.1% | $299,518 |
| Delaware County | 21,004 | 11,057 | 18.5% | $245,924 |
| York County | 20,551 | 11,548 | 18.7% | $189,014 |
| Chester County | 20,413 | 11,446 | 15.3% | $342,266 |
| Lancaster County | 17,696 | 10,201 | 19.6% | $202,617 |
| Berks County | 15,463 | 8,750 | 18.9% | $184,110 |
| Lehigh County | 13,465 | 7,342 | 18.1% | $227,043 |
| Westmoreland County | 11,895 | 6,825 | 18.2% | $154,586 |
| Northampton County | 11,529 | 6,160 | 18.4% | $227,102 |
| Dauphin County | 11,007 | 6,155 | 20.1% | $177,710 |
| Luzerne County | 10,885 | 6,122 | 18.2% | $162,985 |
| Cumberland County | 10,369 | 6,029 | 17.8% | $216,028 |
| Monroe County | 9,149 | 4,322 | 20.4% | $215,046 |
| Washington County | 7,541 | 4,215 | 17.1% | $190,312 |
| Erie County | 7,360 | 4,326 | 20.1% | $138,490 |
| Butler County | 7,147 | 4,280 | 13.5% | $236,595 |
| Lackawanna County | 7,124 | 4,096 | 16.9% | $170,476 |
| Beaver County | 6,233 | 3,457 | 18.0% | $155,804 |
| Franklin County | 6,155 | 3,558 | 17.0% | $184,974 |
| Lebanon County | 4,984 | 2,970 | 16.8% | $186,276 |
| Schuylkill County | 4,687 | 2,463 | 20.0% | $140,931 |
| Adams County | 4,223 | 2,367 | 19.1% | $195,826 |
| Pike County | 3,635 | 1,845 | 17.9% | $201,520 |
| Lycoming County | 3,611 | 2,460 | 13.5% | $143,003 |
| Fayette County | 3,528 | 1,902 | 21.6% | $120,672 |
| Cambria County | 3,500 | 2,035 | 22.3% | $102,029 |
| Centre County | 3,375 | 2,260 | 14.6% | $220,339 |
| Carbon County | 3,277 | 1,761 | 17.6% | $183,608 |
| Blair County | 3,255 | 1,972 | 18.2% | $135,836 |
| Mercer County | 3,252 | 1,805 | 19.6% | $130,839 |
| Lawrence County | 2,978 | 1,600 | 20.9% | $129,258 |
| Northumberland County | 2,308 | 1,409 | 17.7% | $127,929 |
| Crawford County | 2,221 | 1,295 | 19.4% | $125,446 |
| Wayne County | 2,220 | 1,258 | 16.5% | $205,032 |
| Somerset County | 2,203 | 1,260 | 22.1% | $127,601 |
| Indiana County | 2,198 | 1,264 | 20.6% | $131,438 |
| Clearfield County | 2,193 | 1,320 | 20.0% | $115,264 |
| Columbia County | 1,877 | 1,151 | 16.3% | $150,088 |
| Armstrong County | 1,820 | 1,051 | 18.7% | $121,769 |
| Perry County | 1,762 | 1,023 | 20.4% | $154,557 |
| Bradford County | 1,640 | 955 | 18.0% | $145,738 |
| Bedford County | 1,369 | 809 | 21.8% | $132,714 |
| Clinton County | 1,262 | 771 | 16.3% | $147,084 |
| Mifflin County | 1,243 | 775 | 18.5% | $120,736 |
| Huntingdon County | 1,191 | 728 | 19.5% | $127,754 |
| Susquehanna County | 1,168 | 630 | 20.6% | $166,002 |
| Tioga County | 1,159 | 696 | 17.7% | $134,733 |
| Venango County | 1,155 | 630 | 18.8% | $119,658 |
| Jefferson County | 1,073 | 636 | 21.3% | $112,801 |
| Warren County | 949 | 559 | 18.6% | $114,431 |
| Union County | 865 | 584 | 15.1% | $176,792 |
| Wyoming County | 775 | 436 | 19.7% | $165,206 |
| Elk County | 756 | 425 | 23.5% | $104,577 |
| Snyder County | 737 | 454 | 18.6% | $155,977 |
| Greene County | 707 | 402 | 18.8% | $123,642 |
| McKean County | 675 | 369 | 23.0% | $106,852 |
| Clarion County | 669 | 399 | 17.8% | $134,178 |
| Juniata County | 557 | 331 | 20.1% | $126,257 |
| Montour County | 539 | 377 | 11.3% | $188,395 |
| Potter County | 442 | 249 | 22.4% | $132,896 |
| Fulton County | 424 | 219 | 26.4% | $132,335 |
| Sullivan County | 218 | 130 | 17.4% | $178,716 |
| Forest County | 144 | 72 | 26.4% | $103,681 |
| Cameron County | 82 | 40 | 25.6% | $72,683 |
Metro Areas in Pennsylvania
Frequently Asked Questions
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Mortgage Lending Guides
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. State geography per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. Provided for informational purposes only.
Read our methodology - how this data is sourced, computed, and verified.
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.