Somerset Trust · Pennsylvania · 2025

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

Somerset Trust took 1,246 mortgage applications in Pennsylvania in 2025, ranking #73 of 1,114 lenders active in the state. It originated 83.5% of them and denied 9.3% (9.9% of the applications it decided), against a statewide denial rate of 18.3%.

1.2kApplicationsin PA
9.9%Decision denial ratestate 22.2%
5.99%Median ratestate 6.63%
$75,000Median loanstate $155,000
$127MVolume21 counties

Somerset Trust in Pennsylvania vs the state

9.3%Denial rate-8.98 pts vs state
9.9%Decision denial rate-12.35 pts vs state
83.5%Origination rate+22.51 pts vs state
5.99%Median rate-0.63 pts vs state
-0.18Rate spread (pts)-0.42 pts vs state
$88kMedian applicant income
1,040Loans originated
116Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,05086610.9%6.49%#73
20241,07187111.7%6.24%#76
20251,2461,0409.3%5.99%#73

What Somerset Trust lends in Pennsylvania

By loan purpose

Home purchase 449 36% · 5.1% denied
Refinance 299 24% · 11.4% denied
Cash-out refinance 1 0% · 0.0% denied
Home improvement 291 23% · 9.3% denied
Other / HELOC 206 17% · 15.5% denied

By loan type

Conventional 1,210 97% · 9.4% denied
FHA 7 1% · 28.6% denied
USDA / RHS 29 2% · 0.0% denied

Why it denied Pennsylvania applicants

Debt-to-income ratio 58 50%
Credit history 35 30%
Collateral 16 14%
Unverifiable information 4 3%
Incomplete application 2 2%
Insufficient cash 1 1%

Where in Pennsylvania

Counties with the most Somerset Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Somerset County 39332142 10.7%
Westmoreland County 29925027 9.0%
Fayette County 28723928 9.8%
Bedford County 917310 11.0%
Cambria County 82744 4.9%
Allegheny County 44411 2.3%
Indiana County 17141 5.9%
Washington County 972 22.2%
Beaver County 440 0.0%
Butler County 440 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: 1,246 applications in 2025, of which 1,040 were originated and 116 denied.

9.3% of all applications, or 9.9% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

The median rate on loans Somerset Trust originated in Pennsylvania in 2025 was 5.99%, against a statewide median of 6.63%.

About this data. Figures are Somerset Trust'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