The Luzerne Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A grade breaks down
Each component is a percentile rank among 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
82nd14.3% deniedPricingmedian rate spread over APOR, weight 30%
92nd-1.76 ptsProcesswithdrawn + incomplete share, weight 15%
72nd8.7%Closing coststotal loan costs ÷ loan amount, weight 10%
9th5.80% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 616 | 503 | 8.0% | 8.6% | 6.50% | $69M |
| 2024 | 517 | 403 | 11.6% | 12.6% | 6.35% | $63M |
| 2025 | 276 | 208 | 13.0% | 14.3% | 5.49% | $33M |
What The Luzerne Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 218 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 52 investment properties.
Why The Luzerne Bank denies applications
Primary reason reported for each of the 36 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at The Luzerne Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 40 | 18 | 44.4% |
| $50k – $100k | 82 | 59 | 16.7% |
| $100k – $150k | 59 | 50 | 5.6% |
| $150k – $250k | 35 | 33 | 2.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 26 | 16 | 15.8% |
| 35–44 | 47 | 34 | 16.7% |
| 45–54 | 61 | 45 | 18.2% |
| 55–64 | 46 | 36 | 13.3% |
| 65–74 | 43 | 35 | 7.7% |
Where The Luzerne Bank lends
1 states and 9 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Pennsylvania | 276 | 208 | 13.0% | 5.49% | #234 |
Frequently asked questions
The Luzerne Bank denied 14.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 82nd percentile of home-equity (HELOC) lenders.
The most common reason The Luzerne Bank gave in 2025 was "debt-to-income ratio", cited on 61.1% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans The Luzerne Bank originated in 2025 was 5.49%, and its median rate spread over the average prime offer rate was -1.76 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 26% of its applications were for home purchases, 33% for refinancing (including cash-out), and 41% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.