Heritage Valley at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
28th16.1% deniedPricingmedian rate spread over APOR, weight 30%
29th0.49 ptsProcesswithdrawn + incomplete share, weight 15%
71st7.1%Closing coststotal loan costs ÷ loan amount, weight 10%
97th0.32% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 182 | 143 | 13.7% | 14.9% | 6.74% | $7.9M |
| 2024 | 199 | 159 | 10.6% | 11.7% | 6.74% | $8.9M |
| 2025 | 227 | 177 | 15.0% | 16.1% | 6.49% | $13M |
What Heritage Valley lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 32 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 2 investment properties.
Why Heritage Valley denies applications
Primary reason reported for each of the 34 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Heritage Valley
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 32 | 21 | 27.6% |
| $50k – $100k | 83 | 65 | 16.7% |
| $100k – $150k | 63 | 52 | 16.1% |
| $150k – $250k | 42 | 33 | 8.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 20 | 17 | 15.0% |
| 35–44 | 36 | 27 | 22.9% |
| 45–54 | 63 | 49 | 14.0% |
| 55–64 | 51 | 39 | 13.3% |
| 65–74 | 44 | 34 | 19.1% |
Where Heritage Valley lends
1 states and 4 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Pennsylvania | 227 | 177 | 15.0% | 6.49% | #253 |
Frequently asked questions
Heritage Valley denied 16.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 28th percentile of small mortgage lenders.
The most common reason Heritage Valley gave in 2025 was "credit history", cited on 32.4% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Heritage Valley originated in 2025 was 6.49%, and its median rate spread over the average prime offer rate was 0.49 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 2% of its applications were for home purchases, 8% for refinancing (including cash-out), and 90% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.