Mortgage lender · Plymouth Meeting, PA · LEI 254900VXX8ZL7L9EX282

Philadelphia Mortgage Advisors review: approval odds, rates and grade (2025)

Philadelphia Mortgage Advisors earns an A, placing it in the top fifth of small mortgage lenders. It turned down 1.3% of the applications it decided on in 2025, which ranks in the 93rd percentile for approval odds. Its median loan was priced 0.05 points below the average prime offer rate, ranking in the 85th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

438Applications2025
87.4%Originatedof applications
1.3%Decision denial ratenational 22.6%
6.50%Median ratenational 6.63%
$144MLoan volume5 states

Philadelphia Mortgage Advisors at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

1.1%Denial rate (all applications)-16.84 pts vs national
1.3%Denial rate (decided applications)-21.30 pts vs national
87.4%Origination rate+29.41 pts vs national
11.2%Withdrawn by applicant
0.2%Closed for incompleteness
6.50%Median interest rate-0.13 pts vs national
-0.05Median rate spread (pts over APOR)-0.30 pts vs national
$335,000Median loan amount
$6,535Median total loan costs
$139kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

How the A 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%

93rd1.3% denied

Pricingmedian rate spread over APOR, weight 30%

85th-0.05 pts

Processwithdrawn + incomplete share, weight 15%

51st11.4%

Closing coststotal loan costs ÷ loan amount, weight 10%

49th1.95% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20235344471.9%2.2%6.50%$131M
20244704141.5%1.7%6.50%$127M
20254383831.1%1.3%6.50%$144M

What Philadelphia Mortgage Advisors 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

Home purchase 411 94% · 0.7% denied
Refinance 12 3% · 8.3% denied
Cash-out refinance 15 3% · 6.7% denied

By loan type

Conventional 406 93% · 1.0% denied
FHA 24 5% · 4.2% denied
VA 7 2% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Also: 3 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 17 investment properties.

Why Philadelphia Mortgage Advisors denies applications

Primary reason reported for each of the 5 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Collateral 4 80%
Debt-to-income ratio 1 20%

How these reasons compare nationally →

Who gets approved at Philadelphia Mortgage Advisors

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k1221080.0%
$100k – $150k105852.3%
$150k – $250k1301171.7%
Over $250k75691.4%
Applicant ageApplicationsOriginatedDecision denial rate
25–341891671.2%
35–441421250.8%
45–5444400.0%
55–6433286.7%

Where Philadelphia Mortgage Advisors lends

5 states and 29 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Pennsylvania4063571.0%6.50%#184
New Jersey20165.0%6.56%#450
Maryland650.0%6.38%#520

Frequently asked questions

Philadelphia Mortgage Advisors denied 1.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 93rd percentile of small mortgage lenders.

The most common reason Philadelphia Mortgage Advisors gave in 2025 was "collateral", cited on 80.0% 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 Philadelphia Mortgage Advisors originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was -0.05 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 94% of its applications were for home purchases, 6% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 93% conventional, 5% FHA, 2% 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.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Philadelphia Mortgage Advisors. Data sources · Methodology