TD Bank · Pennsylvania · 2025

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

TD Bank took 3,422 mortgage applications in Pennsylvania in 2025, ranking #32 of 1,114 lenders active in the state. It originated 52.7% of them and denied 25.3% (31.9% of the applications it decided), against a statewide denial rate of 18.3%.

3.4kApplicationsin PA
31.9%Decision denial ratestate 22.2%
7.44%Median ratestate 6.63%
$155,000Median loanstate $155,000
$637MVolume45 counties

TD Bank in Pennsylvania vs the state

25.3%Denial rate+6.99 pts vs state
31.9%Decision denial rate+9.66 pts vs state
52.7%Origination rate-8.27 pts vs state
7.44%Median rate+0.82 pts vs state
0.28Rate spread (pts)+0.04 pts vs state
$133kMedian applicant income
1,803Loans originated
865Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,7342,03529.4%7.84%#25
20243,4531,82528.1%8.34%#31
20253,4221,80325.3%7.44%#32

What TD Bank lends in Pennsylvania

By loan purpose

Home purchase 889 26% · 14.6% denied
Refinance 723 21% · 18.4% denied
Cash-out refinance 45 1% · 28.9% denied
Home improvement 1,168 34% · 31.0% denied
Other / HELOC 597 17% · 38.0% denied

By loan type

Conventional 3,406 100% · 25.3% denied
FHA 15 0% · 26.7% denied
VA 1 0% · 0.0% denied

Why it denied Pennsylvania applicants

Debt-to-income ratio 383 44%
Credit history 307 35%
Collateral 135 16%
Other 26 3%
Insufficient cash 6 1%
Incomplete application 5 1%
Employment history 3 0%

Where in Pennsylvania

Counties with the most TD Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Philadelphia County 771332273 35.4%
Montgomery County 655379120 18.3%
Bucks County 498276108 21.7%
Delaware County 475250121 25.5%
Chester County 42328259 13.9%
Lehigh County 1145036 31.6%
Northampton County 1014537 36.6%
Monroe County 713718 25.4%
Allegheny County 582615 25.9%
Berks County 391913 33.3%

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: 3,422 applications in 2025, of which 1,803 were originated and 865 denied.

25.3% of all applications, or 31.9% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

The median rate on loans TD Bank originated in Pennsylvania in 2025 was 7.44%, against a statewide median of 6.63%.

About this data. Figures are TD Bank'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