Bank of America in Pennsylvania vs the state
32.5%Denial rate+14.21 pts vs state
43.6%Decision denial rate+21.41 pts vs state
41.2%Origination rate-19.76 pts vs state
5.99%Median rate-0.63 pts vs state
0.43Rate spread (pts)+0.19 pts vs state
$120kMedian applicant income
1,841Loans originated
1,452Denied
Trend in Pennsylvania
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 4,875 | 1,841 | 46.4% | 6.75% | #12 |
| 2024 | 4,075 | 1,545 | 37.1% | 6.99% | #21 |
| 2025 | 4,468 | 1,841 | 32.5% | 5.99% | #21 |
What Bank of America lends in Pennsylvania
By loan purpose
By loan type
Why it denied Pennsylvania applicants
Where in Pennsylvania
Counties with the most Bank of America applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Philadelphia County | 586 | 196 | 257 | 43.9% |
| Montgomery County | 570 | 278 | 144 | 25.3% |
| Bucks County | 544 | 275 | 130 | 23.9% |
| Chester County | 390 | 221 | 78 | 20.0% |
| Allegheny County | 388 | 184 | 110 | 28.4% |
| Delaware County | 314 | 126 | 90 | 28.7% |
| Lehigh County | 243 | 89 | 98 | 40.3% |
| Northampton County | 221 | 67 | 88 | 39.8% |
| York County | 107 | 38 | 36 | 33.6% |
| Monroe County | 104 | 34 | 35 | 33.7% |
Other large lenders in Pennsylvania
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 22,411 | 18.6% | 6.75% |
| Citizens Bank | C | 18,256 | 28.1% | 7.65% |
| PNC Bank | D | 18,031 | 20.6% | 6.88% |
| United Shore Financial Services | B | 13,178 | 13.4% | 6.47% |
| Crosscountry Mortgage | B | 11,615 | 3.3% | 6.63% |
| Members 1st | B | 10,863 | 30.9% | 1.99% |
| First National Bank of Pennsylvania | B | 9,542 | 27.8% | 6.49% |
| Police & Fire | C | 8,460 | 34.6% | 6.25% |
| PENNSYLVANIA STATE EMPLOYEES Credit Union | C | 8,308 | 13.7% | 6.64% |
| Pennymac Loan Services | C | 7,900 | 12.6% | 6.50% |
Frequently asked questions
Pennsylvania: 4,468 applications in 2025, of which 1,841 were originated and 1,452 denied.
32.5% of all applications, or 43.6% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.
The median rate on loans Bank of America originated in Pennsylvania in 2025 was 5.99%, against a statewide median of 6.63%.
About this data. Figures are Bank of America'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