Towne Mortgage · Pennsylvania · 2025

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

Towne Mortgage took 225 mortgage applications in Pennsylvania in 2025, ranking #255 of 1,114 lenders active in the state. It originated 80.0% of them and denied 5.3% (5.6% of the applications it decided), against a statewide denial rate of 18.3%.

225Applicationsin PA
5.6%Decision denial ratestate 22.2%
6.38%Median ratestate 6.63%
$225,000Median loanstate $155,000
$50MVolume35 counties

Towne Mortgage in Pennsylvania vs the state

5.3%Denial rate-12.96 pts vs state
5.6%Decision denial rate-16.63 pts vs state
80.0%Origination rate+19.04 pts vs state
6.38%Median rate-0.25 pts vs state
0.29Rate spread (pts)+0.05 pts vs state
$90kMedian applicant income
180Loans originated
12Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231281056.3%6.63%#343
20242442113.3%6.63%#243
20252251805.3%6.38%#255

What Towne Mortgage lends in Pennsylvania

By loan purpose

Home purchase 181 80% · 5.0% denied
Refinance 26 12% · 3.9% denied
Cash-out refinance 16 7% · 12.5% denied
Home improvement 2 1% · 0.0% denied

By loan type

Conventional 123 55% · 1.6% denied
FHA 69 31% · 8.7% denied
VA 12 5% · 16.7% denied
USDA / RHS 21 9% · 9.5% denied

Why it denied Pennsylvania applicants

Debt-to-income ratio 5 42%
Credit history 2 17%
Collateral 1 8%
Unverifiable information 1 8%
Incomplete application 1 8%
Other 1 8%
Employment history 1 8%

Where in Pennsylvania

Counties with the most Towne Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Allegheny County 41342 4.9%
Berks County 18140 0.0%
Butler County 15140 0.0%
Chester County 12101 8.3%
Philadelphia County 1262 16.7%
Montgomery County 1191 9.1%
Fayette County 1090 0.0%
Cumberland County 1090 0.0%
Westmoreland County 1090 0.0%
Dauphin County 1070 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: 225 applications in 2025, of which 180 were originated and 12 denied.

5.3% of all applications, or 5.6% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

The median rate on loans Towne Mortgage originated in Pennsylvania in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Towne Mortgage'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