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Montgomery County, Pennsylvania · 2025

Mortgage lenders in Montgomery County, PA: denial rates and top lenders (2025)

551 lenders acted on 30,841 mortgage applications for properties in Montgomery County in 2025. 15.8% were denied (Pennsylvania: 18.3%). Median rate on closed loans 6.63%; median loan $245,000; median property value $515,000.

31kApplications
15.8%Denial ratestate 18.3%
6.63%Median ratestate 6.63%
$245,000Median loan
$515,000Median property value

Largest lenders in Montgomery County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Citizens Bank C 2,1971,342 24.5%7.40%
2 Police & Fire C 1,481841 24.7%6.24%
3 Rocket Mortgage C 1,3291,004 14.5%6.75%
4 Crosscountry Mortgage B 1,211944 2.3%6.63%
5 Trumark Financial Credit Union C 1,021652 21.9%6.74%
6 PNC Bank D 1,018727 16.3%6.75%
7 United Shore Financial Services B 890670 11.1%6.45%
8 American Heritage FCU D 889513 30.8%6.74%
9 Guaranteed Rate B 751481 2.8%6.55%
10 Citadel Federal Credit Union C 721388 24.0%3.99%
11 TD Bank D 655379 18.3%7.44%
12 Pennymac Loan Services C 603378 9.3%6.50%
13 Bank of America F 570278 25.3%6.06%
14 Newrez D 475153 16.2%6.63%
15 Prosperity Home Mortgage A 475376 3.4%6.63%
16 Wilmington Savings Fund Society B 398301 10.8%6.88%
17 Movement Mortgage A 389307 1.8%6.56%
18 Navy Federal Credit Union D 376187 22.9%7.75%
19 Univest Bank and Trust C 341229 12.9%7.50%
20 Coastal Community Bank C 33665 2.4%9.74%
21 Merck Sharp & Dohme Federal Credit Union A 309297 1.3%6.50%
22 Broker Solutions D 288141 6.6%6.75%
23 Spring Eq D 28396 46.6%9.25%
24 Truist Bank C 280150 33.2%6.25%
25 JPMorgan Chase Bank B 270167 10.7%6.25%

Best approval odds in Montgomery County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Pulte Mortgage750.0%
2Filo Mortgage820.0%
3MortgageCountry1030.0%
4Lennar Mortgage1850.5%
5Nations Direct Mortgage1110.9%
6Guild Mortgage981.0%
7Success Mortgage Partners951.1%
8Emm Loans931.1%
9Philadelphia Mortgage Advisors771.3%
10Merck Sharp & Dohme Federal Credit Union3031.3%

What Montgomery County borrowers applied for

By loan purpose

Home purchase 10,970 36% · 5.8% denied
Refinance 5,489 18% · 15.3% denied
Cash-out refinance 5,009 16% · 21.4% denied
Home improvement 4,884 16% · 22.7% denied
Other / HELOC 4,489 15% · 27.3% denied

By loan type

Conventional 27,687 90% · 15.8% denied
FHA 2,182 7% · 16.0% denied
VA 945 3% · 16.0% denied
USDA / RHS 27 0% · 7.4% denied

Why applications were denied

Debt-to-income ratio 1,879 39%
Credit history 1,116 23%
Collateral 594 12%
Incomplete application 593 12%
Other 389 8%
Unverifiable information 121 3%
Insufficient cash 71 1%
Employment history 45 1%

Montgomery County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202327,04816,66918.5%6.99%$205,000
202428,38517,51117.3%6.99%$225,000
202530,84119,32615.8%6.63%$245,000

Frequently asked questions

15.8% of applications in Montgomery County were denied in 2025, against 18.3% statewide in Pennsylvania.

Citizens Bank, with 2,197 applications in 2025 and a denial rate of 24.5%.

The median mortgage application in Montgomery County in 2025 was for $245,000; the median property value on originated loans was $515,000.