Commerce Home Mortgage · Pennsylvania · 2025

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

Commerce Home Mortgage took 157 mortgage applications in Pennsylvania in 2025, ranking #312 of 1,114 lenders active in the state. It originated 55.4% of them and denied 12.1% (17.8% of the applications it decided), against a statewide denial rate of 18.3%.

157Applicationsin PA
17.8%Decision denial ratestate 22.2%
7.25%Median ratestate 6.63%
$245,000Median loanstate $155,000
$27MVolume28 counties

Commerce Home Mortgage in Pennsylvania vs the state

12.1%Denial rate-6.19 pts vs state
17.8%Decision denial rate-4.45 pts vs state
55.4%Origination rate-5.55 pts vs state
7.25%Median rate+0.63 pts vs state
1.22Rate spread (pts)+0.98 pts vs state
$141kMedian applicant income
87Loans originated
19Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023481627.1%8.75%#491
202477369.1%7.88%#411
20251578712.1%7.25%#312

What Commerce Home Mortgage lends in Pennsylvania

By loan purpose

Home purchase 97 62% · 6.2% denied
Refinance 11 7% · 18.2% denied
Cash-out refinance 49 31% · 22.5% denied

By loan type

Conventional 156 99% · 12.2% denied
VA 1 1% · 0.0% denied

Why it denied Pennsylvania applicants

Collateral 5 26%
Credit history 5 26%
Unverifiable information 3 16%
Insufficient cash 2 11%
Other 2 11%
Debt-to-income ratio 1 5%
Incomplete application 1 5%

Where in Pennsylvania

Counties with the most Commerce Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Philadelphia County 41204 9.8%
Allegheny County 1482 14.3%
Bucks County 1281 8.3%
Montgomery County 1051 10.0%
Lackawanna County 850 0.0%
Luzerne County 623 50.0%
Monroe County 632 33.3%
Dauphin County 630 0.0%
York County 650 0.0%
Chester County 512 40.0%

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: 157 applications in 2025, of which 87 were originated and 19 denied.

12.1% of all applications, or 17.8% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

The median rate on loans Commerce Home Mortgage originated in Pennsylvania in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Commerce Home 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