Foundation Mortgage · Pennsylvania · 2025

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

Foundation Mortgage took 49 mortgage applications in Pennsylvania in 2025, ranking #494 of 1,114 lenders active in the state. It originated 46.9% of them and denied 20.4% (21.3% of the applications it decided), against a statewide denial rate of 18.3%.

49Applicationsin PA
21.3%Decision denial ratestate 22.2%
7.88%Median ratestate 6.63%
$265,000Median loanstate $155,000
$7.7MVolume19 counties

Foundation Mortgage in Pennsylvania vs the state

20.4%Denial rate+2.12 pts vs state
21.3%Decision denial rate-0.93 pts vs state
46.9%Origination rate-14.02 pts vs state
7.88%Median rate+1.25 pts vs state
1.89Rate spread (pts)+1.65 pts vs state
$175kMedian applicant income
23Loans originated
10Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
202353291.9%8.88%#467
2024432320.9%8.00%#500
2025492320.4%7.88%#494

What Foundation Mortgage lends in Pennsylvania

By loan purpose

Home purchase 20 41% · 25.0% denied
Refinance 29 59% · 17.2% denied

By loan type

Conventional 49 100% · 20.4% denied

Why it denied Pennsylvania applicants

Unverifiable information 3 30%
Insufficient cash 2 20%
Collateral 2 20%
Other 1 10%
Debt-to-income ratio 1 10%
Credit history 1 10%

Where in Pennsylvania

Counties with the most Foundation Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Philadelphia County 1686 37.5%
Allegheny County 650 0.0%
Carbon County 411 25.0%
Delaware County 430 0.0%
Monroe County 430 0.0%
Cumberland County 202 100.0%
Lehigh County 100 0.0%
Wayne County 100 0.0%
Berks County 100 0.0%
Washington County 100 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: 49 applications in 2025, of which 23 were originated and 10 denied.

20.4% of all applications, or 21.3% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

The median rate on loans Foundation Mortgage originated in Pennsylvania in 2025 was 7.88%, against a statewide median of 6.63%.

About this data. Figures are Foundation 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