The Farmers National Bank of Canfield · Pennsylvania · 2025

The Farmers National Bank of Canfield in Pennsylvania: approval rate, denial rate and rates (2025)

The Farmers National Bank of Canfield took 301 mortgage applications in Pennsylvania in 2025, ranking #223 of 1,114 lenders active in the state. It originated 66.5% of them and denied 16.9% (19.2% of the applications it decided), against a statewide denial rate of 18.3%.

301Applicationsin PA
19.2%Decision denial ratestate 22.2%
6.50%Median ratestate 6.63%
$115,000Median loanstate $155,000
$54MVolume21 counties

The Farmers National Bank of Canfield in Pennsylvania vs the state

16.9%Denial rate-1.35 pts vs state
19.2%Decision denial rate-3.04 pts vs state
66.5%Origination rate+5.49 pts vs state
6.50%Median rate-0.13 pts vs state
0.11Rate spread (pts)-0.13 pts vs state
$104kMedian applicant income
200Loans originated
51Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
202326315427.8%6.88%#234
202425915125.1%6.88%#237
202530120016.9%6.50%#223

What The Farmers National Bank of Canfield lends in Pennsylvania

By loan purpose

Home purchase 119 40% · 3.4% denied
Refinance 60 20% · 20.0% denied
Cash-out refinance 15 5% · 0.0% denied
Home improvement 66 22% · 34.9% denied
Other / HELOC 41 14% · 29.3% denied

By loan type

Conventional 299 99% · 17.1% denied
VA 2 1% · 0.0% denied

Why it denied Pennsylvania applicants

Debt-to-income ratio 20 39%
Credit history 19 37%
Collateral 8 16%
Incomplete application 2 4%
Unverifiable information 2 4%

Where in Pennsylvania

Counties with the most The Farmers National Bank of Canfield applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Allegheny County 49377 14.3%
Clarion County 46329 19.6%
Butler County 35194 11.4%
Jefferson County 28157 25.0%
Elk County 28177 25.0%
Venango County 27165 18.5%
Mercer County 1292 16.7%
Clearfield County 12101 8.3%
Beaver County 1191 9.1%
Westmoreland County 980 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: 301 applications in 2025, of which 200 were originated and 51 denied.

16.9% of all applications, or 19.2% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

The median rate on loans The Farmers National Bank of Canfield originated in Pennsylvania in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are The Farmers National Bank of Canfield'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