Magnolia Bank · Pennsylvania · 2025

Magnolia Bank in Pennsylvania: approval rate, denial rate and rates (2025)

Magnolia Bank took 93 mortgage applications in Pennsylvania in 2025, ranking #384 of 1,114 lenders active in the state. It originated 63.4% of them and denied 14.0% (17.8% of the applications it decided), against a statewide denial rate of 18.3%.

93Applicationsin PA
17.8%Decision denial ratestate 22.2%
6.38%Median ratestate 6.63%
$255,000Median loanstate $155,000
$17MVolume33 counties

Magnolia Bank in Pennsylvania vs the state

14.0%Denial rate-4.31 pts vs state
17.8%Decision denial rate-4.40 pts vs state
63.4%Origination rate+2.48 pts vs state
6.38%Median rate-0.25 pts vs state
0.25Rate spread (pts)+0.01 pts vs state
$82kMedian applicant income
59Loans originated
13Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023745013.5%6.56%#413
20241418714.9%6.50%#320
2025935914.0%6.38%#384

What Magnolia Bank lends in Pennsylvania

By loan purpose

Home purchase 33 35% · 12.1% denied
Refinance 6 6% · 0.0% denied
Cash-out refinance 53 57% · 17.0% denied
Home improvement 1 1% · 0.0% denied

By loan type

Conventional 25 27% · 4.0% denied
FHA 14 15% · 14.3% denied
VA 47 51% · 17.0% denied
USDA / RHS 7 8% · 28.6% denied

Why it denied Pennsylvania applicants

Debt-to-income ratio 8 62%
Collateral 3 23%
Credit history 1 8%
Other 1 8%

Where in Pennsylvania

Counties with the most Magnolia Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Berks County 18170 0.0%
Delaware County 631 16.7%
Allegheny County 622 33.3%
Franklin County 513 60.0%
Erie County 530 0.0%
Philadelphia County 530 0.0%
Monroe County 531 20.0%
Bucks County 431 25.0%
Lancaster County 430 0.0%
Adams County 310 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: 93 applications in 2025, of which 59 were originated and 13 denied.

14.0% 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 Magnolia Bank originated in Pennsylvania in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Magnolia Bank'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