Valley National Bank · Pennsylvania · 2025

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

Valley National Bank took 57 mortgage applications in Pennsylvania in 2025, ranking #472 of 1,114 lenders active in the state. It originated 70.2% of them and denied 14.0% (15.1% of the applications it decided), against a statewide denial rate of 18.3%.

57Applicationsin PA
15.1%Decision denial ratestate 22.2%
6.50%Median ratestate 6.63%
$255,000Median loanstate $155,000
$62MVolume19 counties

Valley National Bank in Pennsylvania vs the state

14.0%Denial rate-4.25 pts vs state
15.1%Decision denial rate-7.12 pts vs state
70.2%Origination rate+9.22 pts vs state
6.50%Median rate-0.13 pts vs state
0.13Rate spread (pts)-0.11 pts vs state
$188kMedian applicant income
40Loans originated
8Denied

Trend in Pennsylvania

YearApplicationsOriginatedDenial rateMedian rateRank in state
202363436.4%6.75%#437
2024392912.8%7.00%#516
2025574014.0%6.50%#472

What Valley National Bank lends in Pennsylvania

By loan purpose

Home purchase 28 49% · 7.1% denied
Refinance 2 4% · 0.0% denied
Cash-out refinance 6 11% · 0.0% denied
Home improvement 12 21% · 41.7% denied
Other / HELOC 9 16% · 11.1% denied

By loan type

Conventional 54 95% · 13.0% denied
FHA 3 5% · 33.3% denied

Why it denied Pennsylvania applicants

Debt-to-income ratio 7 88%
Collateral 1 13%

Where in Pennsylvania

Counties with the most Valley National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pike County 752 28.6%
Philadelphia County 640 0.0%
Monroe County 540 0.0%
Bucks County 540 0.0%
Delaware County 440 0.0%
Lehigh County 421 25.0%
Montgomery County 430 0.0%
Chester County 431 25.0%
Lackawanna County 330 0.0%
Northampton 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: 57 applications in 2025, of which 40 were originated and 8 denied.

14.0% of all applications, or 15.1% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.

The median rate on loans Valley National Bank originated in Pennsylvania in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Valley National 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