PNC Bank · District of Columbia · 2025

PNC Bank in District of Columbia: approval rate, denial rate and rates (2025)

PNC Bank took 467 mortgage applications in District of Columbia in 2025, ranking #6 of 473 lenders active in the state. It originated 45.2% of them and denied 31.5% (39.4% of the applications it decided), against a statewide denial rate of 18.1%.

467Applicationsin DC
39.4%Decision denial ratestate 23.7%
6.25%Median ratestate 6.50%
$155,000Median loanstate $405,000
$256MVolume1 counties

PNC Bank in District of Columbia vs the state

31.5%Denial rate+13.42 pts vs state
39.4%Decision denial rate+15.67 pts vs state
45.2%Origination rate-10.33 pts vs state
6.25%Median rate-0.25 pts vs state
-0.06Rate spread (pts)-0.11 pts vs state
$148kMedian applicant income
211Loans originated
147Denied

Trend in District of Columbia

YearApplicationsOriginatedDenial rateMedian rateRank in state
202358128926.0%7.62%#4
202444920430.5%8.93%#7
202546721131.5%6.25%#6

What PNC Bank lends in District of Columbia

By loan purpose

Home purchase 66 14% · 13.6% denied
Refinance 119 25% · 32.8% denied
Cash-out refinance 7 1% · 14.3% denied
Home improvement 156 33% · 39.1% denied
Other / HELOC 119 25% · 31.1% denied

By loan type

Conventional 465 100% · 31.6% denied
FHA 1 0% · 0.0% denied
VA 1 0% · 0.0% denied

Why it denied District of Columbia applicants

Debt-to-income ratio 54 37%
Credit history 46 31%
Collateral 23 16%
Incomplete application 21 14%
Other 2 1%
Unverifiable information 1 1%

Where in District of Columbia

Counties with the most PNC Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
District of Columbia 467211147 31.5%

Other large lenders in District of Columbia

LenderGradeApplicationsDenial rateMedian rate
Navy Federal Credit UnionD 78628.5%7.75%
Rocket MortgageC 67120.7%6.63%
Bank of AmericaF 54633.2%5.99%
First Savings MortgageA 5440.9%6.50%
Truist BankC 52941.2%6.25%
JPMorgan Chase BankB 4597.6%6.38%
CitibankB 4179.6%6.00%
First Home MortgageB 3592.5%6.63%
NewrezD 35323.5%6.63%
United Shore Financial ServicesB 32717.4%6.37%

Frequently asked questions

District of Columbia: 467 applications in 2025, of which 211 were originated and 147 denied.

31.5% of all applications, or 39.4% of the applications it actually decided on. The District of Columbia statewide average across all lenders was 18.1%.

The median rate on loans PNC Bank originated in District of Columbia in 2025 was 6.25%, against a statewide median of 6.50%.

About this data. Figures are PNC Bank's own HMDA filing for properties located in District of Columbia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology