BMO Bank · Pennsylvania · 2025

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

BMO Bank took 18 mortgage applications in Pennsylvania in 2025, ranking #618 of 1,114 lenders active in the state. It originated 38.9% of them and denied 38.9% (50.0% of the applications it decided), against a statewide denial rate of 18.3%.

18Applicationsin PA
50.0%Decision denial ratestate 22.2%
6.88%Median ratestate 6.63%
$365,000Median loanstate $155,000
$4.0MVolume10 counties

BMO Bank in Pennsylvania vs the state

38.9%Denial rate+20.60 pts vs state
50.0%Decision denial rate+27.79 pts vs state
38.9%Origination rate-22.07 pts vs state
6.88%Median rate+0.25 pts vs state
0.59Rate spread (pts)+0.35 pts vs state
$345kMedian applicant income
7Loans originated
7Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023603211.7%6.31%#449
2024653320.0%7.00%#435
202518738.9%6.88%#618

What BMO Bank lends in Pennsylvania

By loan purpose

Home purchase 9 50% · 11.1% denied
Refinance 1 6% · 100.0% denied
Home improvement 4 22% · 75.0% denied
Other / HELOC 4 22% · 50.0% denied

By loan type

Conventional 18 100% · 38.9% denied

Why it denied Pennsylvania applicants

Other 4 57%
Collateral 2 29%
Incomplete application 1 14%

Where in Pennsylvania

Counties with the most BMO Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 411 25.0%
Chester County 302 66.7%
Allegheny County 321 33.3%
Westmoreland County 210 0.0%
Dauphin County 110 0.0%
Luzerne County 101 100.0%
Delaware County 110 0.0%
Butler County 110 0.0%
Bucks County 101 100.0%
Fayette County 101 100.0%

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: 18 applications in 2025, of which 7 were originated and 7 denied.

38.9% of all applications, or 50.0% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

The median rate on loans BMO Bank originated in Pennsylvania in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are BMO Bank'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