Lenders › New American Funding, LLC. › Pennsylvania
New American Funding, LLC. in Pennsylvania
HMDA record for properties in Pennsylvania, calendar year 2024. National record · Pennsylvania overview
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, New American Funding, LLC. reported 4,162 applications and 1,704 originations for 2024, $420m in all.
Its denial rate in the state was 21.5%, below the Pennsylvania rate of 24.2% across all lenders and compared with the lender's national rate of 20.9%.
The median rate spread on its Pennsylvania originations was 0.6 percentage points (state median 0.3).
Applications in the state were up 59% on 2023.
Compared with the state and the lender's national record
| Measure | In Pennsylvania | Pennsylvania, all lenders | New American Funding, LLC., all states | United States |
|---|---|---|---|---|
| Denial rate | 21.5% | 24.2% | 20.9% | 24.3% |
| Median rate spread, pp | 0.6 | 0.3 | 0.7 | 0.3 |
| Originations with spread of 1.5 pp or more | 18.5% | 14.1% | 20.0% | 15.6% |
| Average originated loan | $247k | $226k | $282k | $329k |
| Home purchase share | 78.1% | 48.7% | 70.9% | 57.0% |
| FHA-insured share | 30.9% | 9.8% | 30.6% | 13.4% |
| VA-guaranteed share | 4.0% | 4.0% | 8.3% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in statePennsylvania, all lenders
Loan purpose and loan type in Pennsylvania
By purpose
Home purchase 78% (1,330)Home improvement 3% (51)Refinancing 2% (35)Cash-out refinancing 14% (243)Other purpose 3% (45)
By type
Conventional 64% (1,093)FHA 31% (526)VA 4% (69)USDA 1% (16)
Denial reasons as coded
Share of 474 denials in Pennsylvania by first denial reason coded (outlined bar: all lenders in the state).
Counties in Pennsylvania
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Lancaster County | 280 | 179 | $44m | 5.8% |
| Delaware County | 268 | 131 | $41m | 13.5% |
| Cumberland County | 189 | 131 | $35m | 5.8% |
| Montgomery County | 264 | 123 | $41m | 15.4% |
| York County | 196 | 111 | $27m | 10.4% |
| Philadelphia County | 440 | 97 | $20m | 43.2% |
| Berks County | 180 | 95 | $21m | 17.8% |
| Dauphin County | 157 | 92 | $21m | 11.5% |
| Chester County | 174 | 86 | $35m | 12.9% |
| Lehigh County | 122 | 53 | $13m | 16.7% |
| Allegheny County | 228 | 52 | $8.3m | 38.1% |
| Bucks County | 142 | 52 | $18m | 28.4% |
| Franklin County | 75 | 52 | $12m | 11.9% |
| Monroe County | 173 | 48 | $11m | 32.9% |
| Lebanon County | 63 | 39 | $9.5m | 4.9% |
| Luzerne County | 110 | 28 | $4.7m | 34.8% |
| Schuylkill County | 65 | 28 | $4.1m | 20.0% |
| Northampton County | 84 | 27 | $7.7m | 25.0% |
| Perry County | 38 | 21 | $5.4m | — |
| Lackawanna County | 71 | 20 | $4.3m | 37.5% |
| Westmoreland County | 79 | 17 | $3.3m | 46.9% |
| Carbon County | 42 | 15 | $2.6m | — |
| Beaver County | 67 | 14 | $2.5m | — |
| Pike County | 33 | 13 | $2.4m | — |
| Cambria County | 31 | 10 | $870k | — |
| Wayne County | 29 | 8 | $1.4m | — |
| Washington County | 46 | 7 | $1.5m | — |
| Erie County | 38 | 7 | $1.3m | — |
| Lawrence County | 27 | 7 | $885k | — |
| Fayette County | 33 | 6 | $930k | — |
| Mercer County | 25 | 5 | $715k | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did New American Funding, LLC. originate in Pennsylvania in 2024?
1,704 loans totalling $420m, from 4,162 applications reported for properties in Pennsylvania.
What is New American Funding, LLC.'s denial rate in Pennsylvania?
21.5% of decided applications in Pennsylvania were denied, against 24.2% for all lenders in the state and 20.9% 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 New American Funding, LLC. lend in most?
By originations: Lancaster County (179), Delaware County (131), Cumberland County (131), Montgomery County (123), York County (111).
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.