NFM · Pennsylvania · 2025

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

NFM took 482 mortgage applications in Pennsylvania in 2025, ranking #161 of 1,114 lenders active in the state. It originated 76.6% of them and denied 3.5% (4.3% of the applications it decided), against a statewide denial rate of 18.3%.

482Applicationsin PA
4.3%Decision denial ratestate 22.2%
6.75%Median ratestate 6.63%
$275,000Median loanstate $155,000
$114MVolume38 counties

NFM in Pennsylvania vs the state

3.5%Denial rate-14.76 pts vs state
4.3%Decision denial rate-17.87 pts vs state
76.6%Origination rate+15.60 pts vs state
6.75%Median rate+0.13 pts vs state
0.42Rate spread (pts)+0.19 pts vs state
$119kMedian applicant income
369Loans originated
17Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235804631.7%6.63%#122
20245924543.4%6.88%#126
20254823693.5%6.75%#161

What NFM lends in Pennsylvania

By loan purpose

Home purchase 397 82% · 3.8% denied
Refinance 31 6% · 0.0% denied
Cash-out refinance 32 7% · 6.3% denied
Other / HELOC 22 5% · 0.0% denied

By loan type

Conventional 362 75% · 2.5% denied
FHA 105 22% · 6.7% denied
VA 15 3% · 6.7% denied

Why it denied Pennsylvania applicants

Debt-to-income ratio 6 35%
Credit history 5 29%
Collateral 5 29%
Other 1 6%

Where in Pennsylvania

Counties with the most NFM applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Philadelphia County 116866 5.2%
Montgomery County 48382 4.2%
Chester County 48422 4.2%
York County 47380 0.0%
Delaware County 35270 0.0%
Berks County 25211 4.0%
Adams County 21180 0.0%
Bucks County 19130 0.0%
Cumberland County 1181 9.1%
Franklin County 1170 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: 482 applications in 2025, of which 369 were originated and 17 denied.

3.5% of all applications, or 4.3% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

The median rate on loans NFM originated in Pennsylvania in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are NFM'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