Towne Bank · Pennsylvania · 2025

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

Towne Bank took 76 mortgage applications in Pennsylvania in 2025, ranking #418 of 1,114 lenders active in the state. It originated 79.0% of them and denied 2.6% (3.1% of the applications it decided), against a statewide denial rate of 18.3%.

76Applicationsin PA
3.1%Decision denial ratestate 22.2%
6.49%Median ratestate 6.63%
$275,000Median loanstate $155,000
$19MVolume19 counties

Towne Bank in Pennsylvania vs the state

2.6%Denial rate-15.66 pts vs state
3.1%Decision denial rate-19.08 pts vs state
79.0%Origination rate+17.99 pts vs state
6.49%Median rate-0.13 pts vs state
0.13Rate spread (pts)-0.11 pts vs state
$121kMedian applicant income
60Loans originated
2Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
202368561.5%6.63%#430
202463493.2%6.63%#441
202576602.6%6.49%#418

What Towne Bank lends in Pennsylvania

By loan purpose

Home purchase 65 86% · 1.5% denied
Refinance 8 11% · 12.5% denied
Cash-out refinance 2 3% · 0.0% denied
Home improvement 1 1% · 0.0% denied

By loan type

Conventional 57 75% · 3.5% denied
FHA 14 18% · 0.0% denied
VA 5 7% · 0.0% denied

Why it denied Pennsylvania applicants

Incomplete application 1 50%
Collateral 1 50%

Where in Pennsylvania

Counties with the most Towne Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
York County 23181 4.3%
Adams County 18140 0.0%
Franklin County 10100 0.0%
Chester County 320 0.0%
Allegheny County 310 0.0%
Westmoreland County 220 0.0%
Philadelphia County 210 0.0%
Perry County 220 0.0%
Cumberland County 220 0.0%
Montgomery County 220 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: 76 applications in 2025, of which 60 were originated and 2 denied.

2.6% of all applications, or 3.1% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

The median rate on loans Towne Bank originated in Pennsylvania in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are Towne 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