Lenders › Newrez LLC › Pennsylvania
Newrez 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, Newrez LLC reported 4,958 applications and 1,921 originations for 2024, $491m in all.
Its denial rate in the state was 32.8%, above the Pennsylvania rate of 24.2% across all lenders and compared with the lender's national rate of 35.0%.
The median rate spread on its Pennsylvania originations was 0.5 percentage points (state median 0.3).
Applications in the state were up 44% on 2023.
Compared with the state and the lender's national record
| Measure | In Pennsylvania | Pennsylvania, all lenders | Newrez LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 32.8% | 24.2% | 35.0% | 24.3% |
| Median rate spread, pp | 0.5 | 0.3 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 14.4% | 14.1% | 20.7% | 15.6% |
| Average originated loan | $256k | $226k | $307k | $329k |
| Home purchase share | 59.6% | 48.7% | 51.0% | 57.0% |
| FHA-insured share | 18.8% | 9.8% | 18.4% | 13.4% |
| VA-guaranteed share | 8.3% | 4.0% | 16.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in statePennsylvania, all lenders
Loan purpose and loan type in Pennsylvania
By purpose
Home purchase 60% (1,145)Home improvement 0% (2)Refinancing 8% (161)Cash-out refinancing 32% (613)
By type
Conventional 72% (1,388)FHA 19% (361)VA 8% (159)USDA 1% (13)
Denial reasons as coded
Share of 951 denials in Pennsylvania by first denial reason coded (outlined bar: all lenders in the state).
Counties in Pennsylvania
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Lehigh County | 320 | 189 | $59m | 13.6% |
| Philadelphia County | 554 | 173 | $39m | 43.6% |
| Lancaster County | 306 | 161 | $44m | 19.0% |
| Montgomery County | 390 | 139 | $46m | 34.7% |
| Northampton County | 299 | 133 | $36m | 25.1% |
| Bucks County | 307 | 125 | $38m | 30.8% |
| Allegheny County | 294 | 73 | $18m | 47.6% |
| York County | 203 | 72 | $17m | 35.4% |
| Chester County | 199 | 69 | $23m | 30.3% |
| Monroe County | 199 | 63 | $15m | 41.8% |
| Delaware County | 239 | 61 | $14m | 50.8% |
| Berks County | 168 | 60 | $13m | 38.8% |
| Luzerne County | 132 | 50 | $12m | 32.9% |
| Lebanon County | 74 | 48 | $11m | 15.8% |
| Dauphin County | 96 | 45 | $9.8m | 22.4% |
| Schuylkill County | 72 | 40 | $7.4m | 21.6% |
| Lackawanna County | 85 | 32 | $6.7m | 34.7% |
| Centre County | 47 | 30 | $8.0m | 9.1% |
| Cumberland County | 78 | 29 | $6.8m | 29.3% |
| Carbon County | 54 | 26 | $5.2m | 27.0% |
| Clearfield County | 32 | 24 | $3.9m | 7.7% |
| Adams County | 50 | 21 | $5.8m | 19.2% |
| Franklin County | 49 | 20 | $4.5m | 25.9% |
| Westmoreland County | 66 | 19 | $3.9m | 47.5% |
| Blair County | 42 | 18 | $4.3m | — |
| Fayette County | 42 | 17 | $2.7m | — |
| Pike County | 55 | 16 | $3.6m | 48.4% |
| Lycoming County | 25 | 16 | $3.2m | — |
| Washington County | 57 | 15 | $3.6m | 53.1% |
| Wayne County | 32 | 14 | $3.1m | — |
| Beaver County | 26 | 14 | $2.8m | — |
| Butler County | 56 | 13 | $3.3m | — |
| Erie County | 51 | 10 | $1.6m | 63.6% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Newrez LLC originate in Pennsylvania in 2024?
1,921 loans totalling $491m, from 4,958 applications reported for properties in Pennsylvania.
What is Newrez LLC's denial rate in Pennsylvania?
32.8% of decided applications in Pennsylvania were denied, against 24.2% for all lenders in the state and 35.0% 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 Newrez LLC lend in most?
By originations: Lehigh County (189), Philadelphia County (173), Lancaster County (161), Montgomery County (139), Northampton County (133).
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.