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Network Capital Funding Corporation in Pennsylvania

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

LEI 549300GQDT484LGI9C04
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.

Network Capital Funding Corporation's 2024 HMDA record for Pennsylvania covers 227 applications, 18 of them originated, worth $6.1m.

Its denial rate in the state was 72.5%, above the Pennsylvania rate of 24.2% across all lenders and compared with the lender's national rate of 60.4%.

Applications in the state were down 47% on 2023.

227applications in PA, 20241.8% of the lender's total
18loans originated$6.1m
72.5%denial ratePA all lenders 24.2%
—median rate spreadPA 0.3 pp

Compared with the state and the lender's national record

MeasureIn PennsylvaniaPennsylvania, all lendersNetwork Capital Funding Corporation, all statesUnited States
Denial rate72.5%24.2%60.4%24.3%
Median rate spread, pp—0.30.20.3
Originations with spread of 1.5 pp or more—14.1%5.3%15.6%
Average originated loan—$226k$345k$329k
Home purchase share5.6%48.7%5.5%57.0%
FHA-insured share11.1%9.8%22.3%13.4%
VA-guaranteed share27.8%4.0%19.4%7.9%

Trend by year

ApplicationsOriginations

0966.51,9332022: 1,933 Applications2023: 426 Applications2024: 227 Applications2022: 66 Originations2023: 25 Originations2024: 18 Originations202220232024
Network Capital Funding Corporation in Pennsylvania: applications and originations, 2022–2024

This lender in statePennsylvania, all lenders

0%45.2%90.4%2022: 90.4% This lender in state2023: 84.6% This lender in state2024: 72.5% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Pennsylvania

By purpose

Home purchase 6% (1)Refinancing 28% (5)Cash-out refinancing 67% (12)

By type

Conventional 61% (11)FHA 11% (2)VA 28% (5)

Denial reasons as coded

Credit history74.1%
Debt-to-income ratio12.1%
Unverifiable information10.3%
Collateral1.7%
Other1.7%
Employment history0%
Insufficient cash (downpayment, closing costs)0%
Credit application incomplete0%
Mortgage insurance denied0%

Share of 58 denials in Pennsylvania by first denial reason coded (outlined bar: all lenders in the state).

Counties in Pennsylvania

No county in the state reaches 25 applications.

Questions and answers

How many mortgages did Network Capital Funding Corporation originate in Pennsylvania in 2024?

18 loans totalling $6.1m, from 227 applications reported for properties in Pennsylvania.

What is Network Capital Funding Corporation's denial rate in Pennsylvania?

72.5% of decided applications in Pennsylvania were denied, against 24.2% for all lenders in the state and 60.4% 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 Network Capital Funding Corporation lend in most?

No county in the state reaches 25 applications.

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.