American Financing · Pennsylvania · 2025

American Financing in Pennsylvania: approval rate, denial rate and rates (2025)

American Financing took 684 mortgage applications in Pennsylvania in 2025, ranking #128 of 1,114 lenders active in the state. It originated 21.5% of them and denied 43.9% (59.1% of the applications it decided), against a statewide denial rate of 18.3%.

684Applicationsin PA
59.1%Decision denial ratestate 22.2%
6.13%Median ratestate 6.63%
$165,000Median loanstate $155,000
$28MVolume61 counties

American Financing in Pennsylvania vs the state

43.9%Denial rate+25.57 pts vs state
59.1%Decision denial rate+36.85 pts vs state
21.5%Origination rate-39.47 pts vs state
6.13%Median rate-0.50 pts vs state
0.25Rate spread (pts)+0.01 pts vs state
$82kMedian applicant income
147Loans originated
300Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233705942.7%6.25%#172
202459011057.3%5.99%#128
202568414743.9%6.13%#128

What American Financing lends in Pennsylvania

By loan purpose

Home purchase 34 5% · 2.9% denied
Refinance 139 20% · 65.5% denied
Cash-out refinance 463 68% · 42.6% denied
Other / HELOC 48 7% · 22.9% denied

By loan type

Conventional 263 38% · 31.2% denied
FHA 384 56% · 52.9% denied
VA 37 5% · 40.5% denied

Why it denied Pennsylvania applicants

Other 98 33%
Credit history 91 30%
Debt-to-income ratio 52 17%
Collateral 29 10%
Incomplete application 16 5%
Unverifiable information 8 3%
Employment history 6 2%

Where in Pennsylvania

Counties with the most American Financing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Allegheny County 581028 48.3%
Philadelphia County 45627 60.0%
York County 36721 58.3%
Westmoreland County 301014 46.7%
Lancaster County 30105 16.7%
Chester County 2357 30.4%
Montgomery County 22410 45.5%
Erie County 2276 27.3%
Monroe County 2259 40.9%
Lehigh County 21113 61.9%

Other large lenders in Pennsylvania

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 22,41118.6%6.75%
Citizens BankC 18,25628.1%7.65%
PNC BankD 18,03120.6%6.88%
United Shore Financial ServicesB 13,17813.4%6.47%
Crosscountry MortgageB 11,6153.3%6.63%
Members 1stB 10,86330.9%1.99%
First National Bank of PennsylvaniaB 9,54227.8%6.49%
Police & FireC 8,46034.6%6.25%
PENNSYLVANIA STATE EMPLOYEES Credit UnionC 8,30813.7%6.64%
Pennymac Loan ServicesC 7,90012.6%6.50%

Frequently asked questions

Pennsylvania: 684 applications in 2025, of which 147 were originated and 300 denied.

43.9% of all applications, or 59.1% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

The median rate on loans American Financing originated in Pennsylvania in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are American Financing's own HMDA filing for properties located in Pennsylvania, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology