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Mortgage Research Center in Pennsylvania

HMDA record for properties in Pennsylvania, calendar year 2024. National record · Pennsylvania overview

LEI 549300DD5QQUHO6PCH70
Reporting agency Department of Housing and Urban Development
State Pennsylvania

HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.

In Pennsylvania, Mortgage Research Center reported 4,533 applications and 2,308 originations for 2024, $603m in all.

Its denial rate in the state was 25.1%, close to the Pennsylvania rate of 24.2% across all lenders and compared with the lender's national rate of 24.0%.

The median rate spread on its Pennsylvania originations was 0.0 percentage points (state median 0.3).

Applications in the state were up 23% on 2023.

4,533applications in PA, 20243.1% of the lender's total
2,308loans originated$603m
25.1%denial ratePA all lenders 24.2%
0.0 ppmedian rate spreadPA 0.3 pp

Compared with the state and the lender's national record

MeasureIn PennsylvaniaPennsylvania, all lendersMortgage Research Center, all statesUnited States
Denial rate25.1%24.2%24.0%24.3%
Median rate spread, pp0.00.3-0.10.3
Originations with spread of 1.5 pp or more1.8%14.1%0.8%15.6%
Average originated loan$261k$226k$315k$329k
Home purchase share81.0%48.7%81.8%57.0%
FHA-insured share4.2%9.8%2.9%13.4%
VA-guaranteed share88.6%4.0%92.4%7.9%

Trend by year

ApplicationsOriginations

02314.54,6292022: 4,629 Applications2023: 3,690 Applications2024: 4,533 Applications2022: 2,384 Originations2023: 1,857 Originations2024: 2,308 Originations202220232024
Mortgage Research Center in Pennsylvania: applications and originations, 2022–2024

This lender in statePennsylvania, all lenders

0%13.7%27.3%2022: 23.8% This lender in state2023: 27.3% This lender in state2024: 25.1% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Pennsylvania

By purpose

Home purchase 81% (1,869)Refinancing 15% (351)Cash-out refinancing 4% (88)

By type

Conventional 7% (161)FHA 4% (97)VA 89% (2,046)USDA 0% (4)

Denial reasons as coded

Credit history55.9%
Other18.1%
Credit application incomplete9.2%
Debt-to-income ratio8%
Collateral4.2%
Employment history2.9%
Insufficient cash (downpayment, closing costs)1.7%
Unverifiable information0%
Mortgage insurance denied0%

Share of 785 denials in Pennsylvania by first denial reason coded (outlined bar: all lenders in the state).

Counties in Pennsylvania

CountyApplicationsOriginationsAmountDenial rate
Allegheny County427217$51m25.1%
York County263143$45m21.5%
Philadelphia County267104$30m40.9%
Westmoreland County18197$21m22.2%
Luzerne County15693$21m19.1%
Dauphin County13574$20m21.1%
Delaware County15373$21m31.8%
Montgomery County13465$25m22.1%
Monroe County12965$20m22.4%
Cumberland County12263$18m19.8%
Erie County10762$12m23.5%
Franklin County9561$18m18.7%
Berks County11858$20m25.6%
Beaver County9654$13m19.4%
Lancaster County11550$17m28.6%
Washington County9746$12m33.8%
Northampton County8844$13m27.9%
Lackawanna County8644$10m25.4%
Blair County7442$8.3m24.6%
Bucks County10438$16m37.7%
Schuylkill County8738$9.1m34.5%
Pike County6937$11m14.0%
Lawrence County5236$6.5m12.2%
Lehigh County7535$11m29.4%
Cambria County7834$5.2m24.4%
Chester County6832$14m17.9%
Clearfield County5331$5.8m13.9%
Lebanon County5929$7.5m26.8%
Northumberland County4628$7.1m20.0%
Fayette County5627$5.5m21.6%
Carbon County4327$7.4m10.0%
Indiana County4624$4.0m25.0%
Lycoming County3524$5.2m14.3%
Butler County5623$5.1m28.1%
Mercer County5323$4.3m31.4%
Tioga County4823$4.8m28.1%
Columbia County3522$5.5m—
Wayne County3322$6.6m26.7%
Bedford County3921$4.9m25.0%
Adams County4120$7.4m25.9%

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Mortgage Research Center originate in Pennsylvania in 2024?

2,308 loans totalling $603m, from 4,533 applications reported for properties in Pennsylvania.

What is Mortgage Research Center's denial rate in Pennsylvania?

25.1% of decided applications in Pennsylvania were denied, against 24.2% for all lenders in the state and 24.0% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

Which Pennsylvania counties does Mortgage Research Center lend in most?

By originations: Allegheny County (217), York County (143), Philadelphia County (104), Westmoreland County (97), Luzerne County (93).

Where does this data come from?

From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Pennsylvania. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.