Mortgage Research Center · Pennsylvania · 2025

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

Mortgage Research Center took 5,544 mortgage applications in Pennsylvania in 2025, ranking #12 of 1,114 lenders active in the state. It originated 47.7% of them and denied 19.8% (29.0% of the applications it decided), against a statewide denial rate of 18.3%.

5.5kApplicationsin PA
29.0%Decision denial ratestate 22.2%
6.25%Median ratestate 6.63%
$255,000Median loanstate $155,000
$724MVolume67 counties

Mortgage Research Center in Pennsylvania vs the state

19.8%Denial rate+1.53 pts vs state
29.0%Decision denial rate+6.83 pts vs state
47.7%Origination rate-13.29 pts vs state
6.25%Median rate-0.38 pts vs state
-0.11Rate spread (pts)-0.35 pts vs state
$89kMedian applicant income
2,643Loans originated
1,099Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,6901,85719.1%6.75%#26
20244,5332,30817.3%6.63%#15
20255,5442,64319.8%6.25%#12

What Mortgage Research Center lends in Pennsylvania

By loan purpose

Home purchase 3,201 58% · 7.9% denied
Refinance 966 17% · 30.4% denied
Cash-out refinance 1,377 25% · 40.0% denied

By loan type

Conventional 600 11% · 25.5% denied
FHA 307 6% · 23.8% denied
VA 4,626 83% · 18.8% denied
USDA / RHS 11 0% · 27.3% denied

Why it denied Pennsylvania applicants

Credit history 641 58%
Other 209 19%
Incomplete application 122 11%
Debt-to-income ratio 70 6%
Collateral 28 3%
Insufficient cash 18 2%
Employment history 11 1%

Where in Pennsylvania

Counties with the most Mortgage Research Center applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Allegheny County 495235102 20.6%
Philadelphia County 32614283 25.5%
York County 28812258 20.1%
Montgomery County 2178556 25.8%
Westmoreland County 20210634 16.8%
Delaware County 1737338 22.0%
Monroe County 1717439 22.8%
Luzerne County 1689030 17.9%
Dauphin County 1587930 19.0%
Franklin County 1517328 18.5%

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: 5,544 applications in 2025, of which 2,643 were originated and 1,099 denied.

19.8% of all applications, or 29.0% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

The median rate on loans Mortgage Research Center originated in Pennsylvania in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Mortgage Research Center'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