Morgan Stanley Private Bank · Pennsylvania · 2025

Morgan Stanley Private Bank in Pennsylvania: approval rate, denial rate and rates (2025)

Morgan Stanley Private Bank took 294 mortgage applications in Pennsylvania in 2025, ranking #225 of 1,114 lenders active in the state. It originated 77.9% of them and denied 3.1% (3.6% of the applications it decided), against a statewide denial rate of 18.3%.

294Applicationsin PA
3.6%Decision denial ratestate 22.2%
6.00%Median ratestate 6.63%
$540,000Median loanstate $155,000
$156MVolume31 counties

Morgan Stanley Private Bank in Pennsylvania vs the state

3.1%Denial rate-15.23 pts vs state
3.6%Decision denial rate-18.62 pts vs state
77.9%Origination rate+16.93 pts vs state
6.00%Median rate-0.63 pts vs state
-0.18Rate spread (pts)-0.42 pts vs state
$280kMedian applicant income
229Loans originated
9Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233102512.3%5.85%#204
20243382652.7%6.23%#191
20252942293.1%6.00%#225

What Morgan Stanley Private Bank lends in Pennsylvania

By loan purpose

Home purchase 211 72% · 0.5% denied
Refinance 10 3% · 0.0% denied
Cash-out refinance 13 4% · 30.8% denied
Home improvement 7 2% · 0.0% denied
Other / HELOC 53 18% · 7.6% denied

By loan type

Conventional 294 100% · 3.1% denied

Why it denied Pennsylvania applicants

Debt-to-income ratio 7 78%
Collateral 1 11%
Unverifiable information 1 11%

Where in Pennsylvania

Counties with the most Morgan Stanley Private Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 49400 0.0%
Philadelphia County 41272 4.9%
Allegheny County 35290 0.0%
Chester County 28200 0.0%
Bucks County 22181 4.5%
Delaware County 22181 4.5%
Lehigh County 970 0.0%
Northampton County 990 0.0%
Lancaster County 870 0.0%
Monroe County 850 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: 294 applications in 2025, of which 229 were originated and 9 denied.

3.1% of all applications, or 3.6% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

The median rate on loans Morgan Stanley Private Bank originated in Pennsylvania in 2025 was 6.00%, against a statewide median of 6.63%.

About this data. Figures are Morgan Stanley Private 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