Bank of England · Pennsylvania · 2025

Bank of England in Pennsylvania: approval rate, denial rate and rates (2025)

Bank of England took 27 mortgage applications in Pennsylvania in 2025, ranking #568 of 1,114 lenders active in the state. It originated 77.8% of them and denied 7.4% (8.7% of the applications it decided), against a statewide denial rate of 18.3%.

27Applicationsin PA
8.7%Decision denial ratestate 22.2%
6.63%Median ratestate 6.63%
$215,000Median loanstate $155,000
$5.2MVolume10 counties

Bank of England in Pennsylvania vs the state

7.4%Denial rate-10.88 pts vs state
8.7%Decision denial rate-13.51 pts vs state
77.8%Origination rate+16.82 pts vs state
6.63%Median rate0.00 pts vs state
0.60Rate spread (pts)+0.36 pts vs state
$108kMedian applicant income
21Loans originated
2Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231399111.5%6.75%#326
202442297.1%6.63%#505
202527217.4%6.63%#568

What Bank of England lends in Pennsylvania

By loan purpose

Home purchase 25 93% · 4.0% denied
Refinance 1 4% · 0.0% denied
Cash-out refinance 1 4% · 100.0% denied

By loan type

Conventional 18 67% · 11.1% denied
FHA 9 33% · 0.0% denied

Why it denied Pennsylvania applicants

Debt-to-income ratio 1 50%
Credit history 1 50%

Where in Pennsylvania

Counties with the most Bank of England applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Allegheny County 14111 7.1%
Butler County 320 0.0%
Delaware County 210 0.0%
Pike County 220 0.0%
Carbon County 110 0.0%
Bucks County 101 100.0%
Armstrong County 110 0.0%
Clarion County 110 0.0%
Beaver County 110 0.0%
Lawrence County 110 0.0%

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: 27 applications in 2025, of which 21 were originated and 2 denied.

7.4% of all applications, or 8.7% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

The median rate on loans Bank of England originated in Pennsylvania in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Bank of England'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