U.S. Bank · Pennsylvania · 2025

U.S. Bank in Pennsylvania: approval rate, denial rate and rates (2025)

U.S. Bank took 1,250 mortgage applications in Pennsylvania in 2025, ranking #72 of 1,114 lenders active in the state. It originated 43.4% of them and denied 39.6% (47.1% of the applications it decided), against a statewide denial rate of 18.3%.

1.3kApplicationsin PA
47.1%Decision denial ratestate 22.2%
6.99%Median ratestate 6.63%
$115,000Median loanstate $155,000
$160MVolume62 counties

U.S. Bank in Pennsylvania vs the state

39.6%Denial rate+21.31 pts vs state
47.1%Decision denial rate+24.89 pts vs state
43.4%Origination rate-17.60 pts vs state
6.99%Median rate+0.37 pts vs state
0.44Rate spread (pts)+0.20 pts vs state
$133kMedian applicant income
542Loans originated
495Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,53367140.8%6.88%#56
20241,42760641.8%6.99%#63
20251,25054239.6%6.99%#72

What U.S. Bank lends in Pennsylvania

By loan purpose

Home purchase 397 32% · 13.9% denied
Refinance 74 6% · 13.5% denied
Cash-out refinance 93 7% · 19.4% denied
Home improvement 330 26% · 58.2% denied
Other / HELOC 356 28% · 61.8% denied

By loan type

Conventional 1,213 97% · 40.4% denied
FHA 15 1% · 13.3% denied
VA 19 2% · 15.8% denied
USDA / RHS 3 0% · 0.0% denied

Why it denied Pennsylvania applicants

Credit history 188 38%
Debt-to-income ratio 160 32%
Collateral 119 24%
Other 17 3%
Unverifiable information 7 1%
Insufficient cash 3 1%
Employment history 1 0%

Where in Pennsylvania

Counties with the most U.S. Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Allegheny County 1445958 40.3%
Philadelphia County 1154354 47.0%
Montgomery County 974732 33.0%
Bucks County 954920 21.1%
Chester County 804424 30.0%
York County 502019 38.0%
Lehigh County 481326 54.2%
Delaware County 422314 33.3%
Monroe County 381816 42.1%
Berks County 351615 42.9%

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: 1,250 applications in 2025, of which 542 were originated and 495 denied.

39.6% of all applications, or 47.1% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

The median rate on loans U.S. Bank originated in Pennsylvania in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are U.S. 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