Lender Register

Lenders › Rocket Mortgage › Pennsylvania

Rocket Mortgage in Pennsylvania

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

LEI 549300FGXN1K3HLB1R50
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, Rocket Mortgage reported 18,803 applications and 13,900 originations for 2024, $2.8bn in all.

Its denial rate in the state was 18.6%, below the Pennsylvania rate of 24.2% across all lenders and compared with the lender's national rate of 18.2%.

The median rate spread on its Pennsylvania originations was 0.5 percentage points (state median 0.3).

Applications in the state were up 21% on 2023.

18,803applications in PA, 20243.8% of the lender's total
13,900loans originated$2.8bn
18.6%denial ratePA all lenders 24.2%
0.5 ppmedian rate spreadPA 0.3 pp

Compared with the state and the lender's national record

MeasureIn PennsylvaniaPennsylvania, all lendersRocket Mortgage, all statesUnited States
Denial rate18.6%24.2%18.2%24.3%
Median rate spread, pp0.50.30.50.3
Originations with spread of 1.5 pp or more14.7%14.1%17.8%15.6%
Average originated loan$204k$226k$270k$329k
Home purchase share43.1%48.7%38.0%57.0%
FHA-insured share24.0%9.8%18.5%13.4%
VA-guaranteed share5.0%4.0%7.8%7.9%

Trend by year

ApplicationsOriginations

012069.524,1392022: 24,139 Applications2023: 15,540 Applications2024: 18,803 Applications2022: 16,785 Originations2023: 11,008 Originations2024: 13,900 Originations202220232024
Rocket Mortgage in Pennsylvania: applications and originations, 2022–2024

This lender in statePennsylvania, all lenders

0%12.4%24.9%2022: 22.1% This lender in state2023: 21% This lender in state2024: 18.6% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Pennsylvania

By purpose

Home purchase 43% (5,991)Home improvement 1% (120)Refinancing 8% (1,075)Cash-out refinancing 44% (6,080)Other purpose 5% (634)

By type

Conventional 71% (9,872)FHA 24% (3,339)VA 5% (689)

Denial reasons as coded

Collateral45.7%
Credit application incomplete18.8%
Debt-to-income ratio15.8%
Credit history6.4%
Other4.8%
Insufficient cash (downpayment, closing costs)4.1%
Unverifiable information2.3%
Employment history2%
Mortgage insurance denied0%

Share of 3,229 denials in Pennsylvania by first denial reason coded (outlined bar: all lenders in the state).

Counties in Pennsylvania

CountyApplicationsOriginationsAmountDenial rate
Allegheny County1,8591,355$270m18.6%
Philadelphia County1,6751,131$232m24.3%
Montgomery County1,015790$221m14.2%
Bucks County832658$184m12.7%
Delaware County764565$134m18.5%
Luzerne County713545$96m15.6%
Chester County630503$151m11.9%
York County669485$98m19.2%
Lancaster County610471$108m13.8%
Berks County604468$93m16.9%
Monroe County628454$96m19.4%
Northampton County561425$85m18.0%
Westmoreland County555411$71m17.4%
Lehigh County478364$79m16.2%
Dauphin County464343$65m18.4%
Lackawanna County393303$52m17.4%
Beaver County402288$50m18.5%
Cumberland County360286$64m12.9%
Erie County345240$37m24.5%
Butler County299222$55m18.8%
Washington County286209$41m19.2%
Schuylkill County269205$30m20.1%
Franklin County231178$36m18.9%
Pike County244171$32m21.2%
Carbon County220154$28m20.7%
Lebanon County200154$30m17.1%
Centre County152127$30m9.3%
Lawrence County172126$19m17.3%
Mercer County174125$19m22.7%
Lycoming County154118$21m14.9%
Fayette County180117$18m27.4%
Adams County164116$26m22.2%
Cambria County152111$13m22.8%
Warren County132109$14m10.5%
Blair County146107$15m18.9%
Clearfield County13795$13m27.5%
Northumberland County13695$13m26.9%
Crawford County11986$13m20.9%
Wayne County10176$14m17.2%
Armstrong County10472$9.9m24.5%

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Rocket Mortgage originate in Pennsylvania in 2024?

13,900 loans totalling $2.8bn, from 18,803 applications reported for properties in Pennsylvania.

What is Rocket Mortgage's denial rate in Pennsylvania?

18.6% of decided applications in Pennsylvania were denied, against 24.2% for all lenders in the state and 18.2% 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 Rocket Mortgage lend in most?

By originations: Allegheny County (1,355), Philadelphia County (1,131), Montgomery County (790), Bucks County (658), Delaware County (565).

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.