Truist Bank · Pennsylvania · 2025

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

Truist Bank took 4,195 mortgage applications in Pennsylvania in 2025, ranking #24 of 1,114 lenders active in the state. It originated 51.3% of them and denied 35.5% (39.7% of the applications it decided), against a statewide denial rate of 18.3%.

4.2kApplicationsin PA
39.7%Decision denial ratestate 22.2%
6.49%Median ratestate 6.63%
$105,000Median loanstate $155,000
$520MVolume58 counties

Truist Bank in Pennsylvania vs the state

35.5%Denial rate+17.20 pts vs state
39.7%Decision denial rate+17.52 pts vs state
51.3%Origination rate-9.66 pts vs state
6.49%Median rate-0.13 pts vs state
-0.16Rate spread (pts)-0.40 pts vs state
$98kMedian applicant income
2,152Loans originated
1,489Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234,5052,15940.1%7.85%#14
20244,1541,89741.7%7.59%#20
20254,1952,15235.5%6.49%#24

What Truist Bank lends in Pennsylvania

By loan purpose

Home purchase 718 17% · 11.1% denied
Refinance 1,222 29% · 33.6% denied
Cash-out refinance 194 5% · 16.0% denied
Home improvement 848 20% · 48.5% denied
Other / HELOC 1,213 29% · 45.8% denied

By loan type

Conventional 4,126 98% · 35.7% denied
FHA 52 1% · 30.8% denied
VA 13 0% · 7.7% denied
USDA / RHS 4 0% · 25.0% denied

Why it denied Pennsylvania applicants

Incomplete application 507 34%
Debt-to-income ratio 489 33%
Credit history 317 21%
Collateral 94 6%
Other 59 4%
Unverifiable information 11 1%
Insufficient cash 8 1%
Employment history 4 0%

Where in Pennsylvania

Counties with the most Truist Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lancaster County 607355198 32.6%
Chester County 380191138 36.3%
Berks County 369202122 33.1%
York County 355187130 36.6%
Montgomery County 27915093 33.3%
Northampton County 26514387 32.8%
Lehigh County 25913893 35.9%
Philadelphia County 1817471 39.2%
Bucks County 1736584 48.6%
Luzerne County 1606275 46.9%

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: 4,195 applications in 2025, of which 2,152 were originated and 1,489 denied.

35.5% of all applications, or 39.7% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

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

About this data. Figures are Truist 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