Lenders › New Day Financial, LLC. › Pennsylvania
New Day Financial, 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.
New Day Financial, LLC.'s 2024 HMDA record for Pennsylvania covers 2,040 applications, 344 of them originated, worth $77m.
Its denial rate in the state was 56.9%, above the Pennsylvania rate of 24.2% across all lenders and compared with the lender's national rate of 58.5%.
The median rate spread on its Pennsylvania originations was 1.5 percentage points (state median 0.3).
Applications in the state were up 30% on 2023.
Compared with the state and the lender's national record
| Measure | In Pennsylvania | Pennsylvania, all lenders | New Day Financial, LLC., all states | United States |
|---|---|---|---|---|
| Denial rate | 56.9% | 24.2% | 58.5% | 24.3% |
| Median rate spread, pp | 1.5 | 0.3 | 1.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 51.2% | 14.1% | 44.5% | 15.6% |
| Average originated loan | $224k | $226k | $267k | $329k |
| Home purchase share | 6.4% | 48.7% | 6.2% | 57.0% |
| FHA-insured share | 2.9% | 9.8% | 2.4% | 13.4% |
| VA-guaranteed share | 96.8% | 4.0% | 97.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in statePennsylvania, all lenders
Loan purpose and loan type in Pennsylvania
By purpose
Home purchase 6% (22)Refinancing 12% (42)Cash-out refinancing 80% (274)Other purpose 2% (6)
By type
Conventional 0% (1)FHA 3% (10)VA 97% (333)
Denial reasons as coded
Share of 508 denials in Pennsylvania by first denial reason coded (outlined bar: all lenders in the state).
Counties in Pennsylvania
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Philadelphia County | 171 | 29 | $5.8m | 58.7% |
| Allegheny County | 173 | 22 | $4.8m | 64.7% |
| Berks County | 70 | 16 | $5.0m | 56.1% |
| Monroe County | 57 | 15 | $3.8m | 37.0% |
| York County | 92 | 14 | $3.8m | 60.5% |
| Westmoreland County | 77 | 13 | $2.9m | 57.6% |
| Dauphin County | 65 | 11 | $2.6m | 55.6% |
| Northampton County | 55 | 11 | $2.8m | — |
| Cambria County | 28 | 11 | $1.5m | — |
| Cumberland County | 50 | 10 | $2.6m | — |
| Luzerne County | 67 | 9 | $1.3m | 65.4% |
| Bucks County | 67 | 9 | $2.9m | 56.0% |
| Lancaster County | 61 | 9 | $2.0m | 62.1% |
| Erie County | 47 | 9 | $1.8m | — |
| Lebanon County | 30 | 9 | $2.6m | — |
| Pike County | 28 | 9 | $2.3m | — |
| Delaware County | 68 | 8 | $2.1m | 60.0% |
| Montgomery County | 67 | 8 | $2.0m | 71.4% |
| Lehigh County | 44 | 8 | $2.0m | — |
| Northumberland County | 26 | 8 | $1.4m | — |
| Franklin County | 43 | 7 | $1.6m | 64.0% |
| Chester County | 46 | 6 | $1.5m | — |
| Mercer County | 26 | 6 | $910k | — |
| Beaver County | 26 | 6 | $1.5m | — |
| Washington County | 32 | 5 | $915k | — |
| Lackawanna County | 26 | 5 | $885k | — |
| Blair County | 38 | 4 | $510k | — |
| Lawrence County | 28 | 4 | $870k | — |
| Fayette County | 26 | 4 | $360k | — |
| Butler County | 25 | 4 | $1.1m | — |
| Schuylkill County | 38 | 3 | $525k | — |
| Carbon County | 25 | 3 | $935k | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did New Day Financial, LLC. originate in Pennsylvania in 2024?
344 loans totalling $77m, from 2,040 applications reported for properties in Pennsylvania.
What is New Day Financial, LLC.'s denial rate in Pennsylvania?
56.9% of decided applications in Pennsylvania were denied, against 24.2% for all lenders in the state and 58.5% 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 Day Financial, LLC. lend in most?
By originations: Philadelphia County (29), Allegheny County (22), Berks County (16), Monroe County (15), York County (14).
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.