First Colony Mortgage · Pennsylvania · 2025

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

First Colony Mortgage took 543 mortgage applications in Pennsylvania in 2025, ranking #146 of 1,114 lenders active in the state. It originated 68.9% of them and denied 2.6% (3.2% of the applications it decided), against a statewide denial rate of 18.3%.

543Applicationsin PA
3.2%Decision denial ratestate 22.2%
6.63%Median ratestate 6.63%
$305,000Median loanstate $155,000
$126MVolume45 counties

First Colony Mortgage in Pennsylvania vs the state

2.6%Denial rate-15.71 pts vs state
3.2%Decision denial rate-19.01 pts vs state
68.9%Origination rate+7.92 pts vs state
6.63%Median rate0.00 pts vs state
0.21Rate spread (pts)-0.03 pts vs state
$112kMedian applicant income
374Loans originated
14Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
202326183.9%7.25%#561
20243302504.2%6.50%#196
20255433742.6%6.63%#146

What First Colony Mortgage lends in Pennsylvania

By loan purpose

Home purchase 374 69% · 2.7% denied
Refinance 71 13% · 1.4% denied
Cash-out refinance 98 18% · 3.1% denied

By loan type

Conventional 450 83% · 2.2% denied
FHA 71 13% · 5.6% denied
VA 15 3% · 0.0% denied
USDA / RHS 7 1% · 0.0% denied

Why it denied Pennsylvania applicants

Debt-to-income ratio 7 50%
Collateral 6 43%
Incomplete application 1 7%

Where in Pennsylvania

Counties with the most First Colony Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 101712 2.0%
Chester County 59432 3.4%
Philadelphia County 54422 3.7%
Bucks County 34240 0.0%
Allegheny County 33231 3.0%
Cumberland County 30150 0.0%
Berks County 23171 4.3%
Delaware County 23140 0.0%
Dauphin County 17101 5.9%
Lehigh County 15120 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: 543 applications in 2025, of which 374 were originated and 14 denied.

2.6% of all applications, or 3.2% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

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

About this data. Figures are First Colony 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