Velocity Commercial Capital in Pennsylvania vs the state
0.6%Denial rate-17.71 pts vs state
1.0%Decision denial rate-21.23 pts vs state
57.7%Origination rate-3.25 pts vs state
10.12%Median rate+3.49 pts vs state
—Rate spread (pts)
—Median applicant income
494Loans originated
5Denied
Trend in Pennsylvania
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 448 | 231 | 0.5% | 11.24% | #154 |
| 2024 | 599 | 327 | 1.0% | 10.99% | #123 |
| 2025 | 856 | 494 | 0.6% | 10.12% | #106 |
What Velocity Commercial Capital lends in Pennsylvania
By loan purpose
By loan type
Why it denied Pennsylvania applicants
Where in Pennsylvania
Counties with the most Velocity Commercial Capital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Philadelphia County | 402 | 225 | 1 | 0.2% |
| Allegheny County | 123 | 89 | 1 | 0.8% |
| Delaware County | 57 | 38 | 0 | 0.0% |
| Luzerne County | 31 | 13 | 0 | 0.0% |
| Montgomery County | 30 | 18 | 1 | 3.3% |
| Berks County | 29 | 14 | 0 | 0.0% |
| Dauphin County | 17 | 7 | 0 | 0.0% |
| Lehigh County | 15 | 10 | 0 | 0.0% |
| Washington County | 14 | 10 | 0 | 0.0% |
| Monroe County | 13 | 4 | 0 | 0.0% |
Other large lenders in Pennsylvania
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 22,411 | 18.6% | 6.75% |
| Citizens Bank | C | 18,256 | 28.1% | 7.65% |
| PNC Bank | D | 18,031 | 20.6% | 6.88% |
| United Shore Financial Services | B | 13,178 | 13.4% | 6.47% |
| Crosscountry Mortgage | B | 11,615 | 3.3% | 6.63% |
| Members 1st | B | 10,863 | 30.9% | 1.99% |
| First National Bank of Pennsylvania | B | 9,542 | 27.8% | 6.49% |
| Police & Fire | C | 8,460 | 34.6% | 6.25% |
| PENNSYLVANIA STATE EMPLOYEES Credit Union | C | 8,308 | 13.7% | 6.64% |
| Pennymac Loan Services | C | 7,900 | 12.6% | 6.50% |
Frequently asked questions
Pennsylvania: 856 applications in 2025, of which 494 were originated and 5 denied.
0.6% of all applications, or 1.0% of the applications it actually decided on. The Pennsylvania statewide average across all lenders was 18.3%.
The median rate on loans Velocity Commercial Capital originated in Pennsylvania in 2025 was 10.12%, against a statewide median of 6.63%.
About this data. Figures are Velocity Commercial Capital'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