BoxCar Mortgage · Pennsylvania · 2025

BoxCar Mortgage in Pennsylvania: approval rate, denial rate and rates (2025)

BoxCar Mortgage took 59 mortgage applications in Pennsylvania in 2025, ranking #465 of 1,114 lenders active in the state. It originated 71.2% of them and denied 8.5% (10.4% of the applications it decided), against a statewide denial rate of 18.3%.

59Applicationsin PA
10.4%Decision denial ratestate 22.2%
6.99%Median ratestate 6.63%
$185,000Median loanstate $155,000
$11MVolume30 counties

BoxCar Mortgage in Pennsylvania vs the state

8.5%Denial rate-9.82 pts vs state
10.4%Decision denial rate-11.79 pts vs state
71.2%Origination rate+10.23 pts vs state
6.99%Median rate+0.37 pts vs state
0.99Rate spread (pts)+0.75 pts vs state
$5,172kMedian applicant income
42Loans originated
5Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
202435265.7%7.13%#528
202559428.5%6.99%#465

What BoxCar Mortgage lends in Pennsylvania

By loan purpose

Home purchase 55 93% · 9.1% denied
Refinance 1 2% · 0.0% denied
Cash-out refinance 3 5% · 0.0% denied

By loan type

Conventional 26 44% · 3.9% denied
FHA 28 47% · 14.3% denied
VA 5 8% · 0.0% denied

Why it denied Pennsylvania applicants

Collateral 2 40%
Credit history 2 40%
Debt-to-income ratio 1 20%

Where in Pennsylvania

Counties with the most BoxCar Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cambria County 751 14.3%
Allegheny County 540 0.0%
Philadelphia County 420 0.0%
Monroe County 440 0.0%
Erie County 330 0.0%
Montgomery County 210 0.0%
Westmoreland County 201 50.0%
York County 220 0.0%
Butler County 210 0.0%
Franklin County 211 50.0%

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: 59 applications in 2025, of which 42 were originated and 5 denied.

8.5% of all applications, or 10.4% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

The median rate on loans BoxCar Mortgage originated in Pennsylvania in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are BoxCar Mortgage'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