The Andover Bank · Pennsylvania · 2025

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

The Andover Bank took 86 mortgage applications in Pennsylvania in 2025, ranking #397 of 1,114 lenders active in the state. It originated 69.8% of them and denied 16.3% (18.2% of the applications it decided), against a statewide denial rate of 18.3%.

86Applicationsin PA
18.2%Decision denial ratestate 22.2%
Median ratestate 6.63%
$105,000Median loanstate $155,000
$10MVolume6 counties

The Andover Bank in Pennsylvania vs the state

16.3%Denial rate-2.01 pts vs state
18.2%Decision denial rate-4.03 pts vs state
69.8%Origination rate+8.81 pts vs state
Median rate
Rate spread (pts)
$98kMedian applicant income
60Loans originated
14Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023755320.0%#411
2024624516.1%#442
2025866016.3%#397

What The Andover Bank lends in Pennsylvania

By loan purpose

Home purchase 21 24% · 9.5% denied
Refinance 4 5% · 25.0% denied
Cash-out refinance 25 29% · 20.0% denied
Home improvement 16 19% · 12.5% denied
Other / HELOC 20 23% · 20.0% denied

By loan type

Conventional 86 100% · 16.3% denied

Where in Pennsylvania

Counties with the most The Andover Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Erie County 57398 14.0%
Crawford County 18116 33.3%
Allegheny County 760 0.0%
Westmoreland County 220 0.0%
Beaver County 110 0.0%
Mercer County 110 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: 86 applications in 2025, of which 60 were originated and 14 denied.

16.3% of all applications, or 18.2% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are The Andover 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