Somerset County, Pennsylvania · 2025

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

179 lenders acted on 2,282 mortgage applications for properties in Somerset County in 2025. 19.7% were denied (Pennsylvania: 18.3%). Median rate on closed loans 6.49%; median loan $95,000; median property value $195,000.

2.3kApplications
19.7%Denial ratestate 18.3%
6.49%Median ratestate 6.63%
$95,000Median loan
$195,000Median property value

Largest lenders in Somerset County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Somerset Trust A 393321 10.7%5.75%
2 First National Bank of Pennsylvania B 362171 29.8%6.63%
3 First Commonwealth Bank C 239149 25.1%6.45%
4 Rocket Mortgage C 10970 25.7%6.99%
5 Primelending, a Plainscapital A 8066 1.3%6.63%
6 First Peoples Community Federal Credit Union B 6647 7.6%6.13%
7 1st Summit Bank C 6237 29.0%6.49%
8 PENNSYLVANIA STATE EMPLOYEES Credit Union C 5232 17.3%7.06%
9 Mortgage Research Center C 5128 21.6%6.56%
10 PNC Bank D 5034 14.0%7.24%
11 AmeriServ Financial Bank D 4326 27.9%
12 United Shore Financial Services B 3925 10.3%6.51%
13 Slovenian Savings & Loan Association of Franklin-Conemaugh 2621 7.7%
14 Pennymac Loan Services C 2512 8.0%6.49%
15 AmeriSave Mortgage D 226 63.6%6.69%
16 Broker Solutions D 2210 9.1%7.25%
17 Navy Federal Credit Union D 2211 22.7%6.25%
18 Newrez D 195 15.8%5.75%
19 Crosscountry Mortgage B 173 0.0%6.49%
20 Figure Lending C 176 29.4%10.65%
21 USSCO Johnstown Federal Credit Union 1712 29.4%
22 Citizens Bank C 1610 25.0%8.03%
23 Triad Financial Services D 158 33.3%8.96%
24 Coastal Community Bank C 153 0.0%9.24%
25 InFirst Bank C 1413 0.0%6.63%

Best approval odds in Somerset County

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

What Somerset County borrowers applied for

By loan purpose

Home purchase 787 34% · 8.6% denied
Refinance 458 20% · 21.2% denied
Cash-out refinance 248 11% · 29.4% denied
Home improvement 446 20% · 22.2% denied
Other / HELOC 343 15% · 32.7% denied

By loan type

Conventional 1,892 83% · 20.2% denied
FHA 201 9% · 23.9% denied
VA 139 6% · 10.1% denied
USDA / RHS 50 2% · 10.0% denied

Why applications were denied

Credit history 148 34%
Debt-to-income ratio 113 26%
Collateral 106 25%
Incomplete application 28 6%
Other 16 4%
Unverifiable information 12 3%
Insufficient cash 6 1%
Employment history 3 1%

Somerset County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,8731,20120.0%6.50%$85,000
20242,0911,25923.2%6.75%$95,000
20252,2821,39319.7%6.49%$95,000

Frequently asked questions

19.7% of applications in Somerset County were denied in 2025, against 18.3% statewide in Pennsylvania.

Somerset Trust, with 393 applications in 2025 and a denial rate of 10.7%.

The median mortgage application in Somerset County in 2025 was for $95,000; the median property value on originated loans was $195,000.