Mortgage by CountyWhat home buyers actually paid, county by county

Independent analysis of official mortgage recordsHMDA 2025 · 7,155,718 applications

State report · HMDA 2025

Pennsylvania mortgages and home buyers, 2025

Incomes, down payments, rates, loan costs, denials and lenders across Pennsylvania's 67 counties, from official HMDA records.

HMDA 2025 data released June 23, 2026

In 2025, lenders reported 98,782 home-purchase mortgages for owner-occupied, single-family homes in Pennsylvania. The median buyer borrowed $275,000 on a home valued at $325,000 and reported a household income of $104,000.

Buyers financed a median 90% of the home's value (roughly 10% down), paid a median 6.625% on 30-year fixed conventional loans and faced median conventional loan costs of $5,880.

Lenders denied 6.7% of completed home-purchase applications.

Purchase loans
98,782
804 lenders active
Buyer income
$104,000
U.S. $116,000
Down payment
10%
U.S. 10%
30-yr fixed rate
6.625%
U.S. 6.625%
Loan costs
$5,880
Conventional · U.S. $5,570
FHA limit 2026
$541K–$630K
1-unit home, by county

Key facts

  • Home buyers' median income ($104,000) is 10% lower than the U.S. median ($116,000).
  • Median conventional loan costs ($5,880) were 6% higher than the U.S. median ($5,570).
  • The most common age bracket among borrowers was 25–34 (37.3% of purchase loans).
  • 55.5% of purchase mortgages had a single borrower with no co-applicant.
  • The most-cited reason for denial was debt-to-income ratio (32.7% of denials with a stated reason).

Conforming limits in Pennsylvania range from $832,750 to $1,209,750 for a one-unit home in 2026. See every Pennsylvania county's 2026 FHA and conforming loan limits.

Pennsylvania counties compared

Click a column to sort. Medians shown with at least 30 loans.

CountyPurchase loansMedian loanBuyer incomeDown payment30-yr rateLoan costsDenial rateFHA limit
Adams County1,040$295,000$110,0007.0%6.625%$5,8606.0%$541,287
Allegheny County9,908$245,000$106,00010.0%6.625%$5,5506.2%$541,287
Armstrong County389$165,000$76,0005.0%6.625%$4,9407.7%$541,287
Beaver County1,518$205,000$83,0005.0%6.500%$5,1106.5%$541,287
Bedford County270$195,000$82,0005.0%6.500%$4,7709.2%$541,287
Berks County3,266$265,000$94,0005.0%6.625%$6,0306.7%$541,287
Blair County817$165,000$75,0005.0%6.625%$4,4909.3%$541,287
Bradford County360$185,000$89,0005.0%6.500%$4,9008.8%$541,287
Bucks County4,886$405,000$142,00020.0%6.625%$6,9104.5%$630,200
Butler County2,066$315,000$127,00015.0%6.625%$6,0503.9%$541,287
Cambria County852$135,000$72,0005.0%6.625%$4,34010.3%$541,287
Cameron County14——————$541,287
Carbon County620$225,000$85,0005.0%6.750%$5,3108.0%$541,287
Centre County925$305,000$121,00016.6%6.500%$5,5006.0%$541,287
Chester County4,885$445,000$166,00020.0%6.625%$7,2304.2%$630,200
Clarion County205$155,000$77,0005.0%6.625%$4,6807.2%$541,287
Clearfield County499$155,000$78,0005.0%6.625%$4,3209.0%$541,287
Clinton County255$205,000$84,0005.0%6.750%$4,7809.3%$541,287
Columbia County428$215,000$90,00010.0%6.750%$4,8808.7%$541,287
Crawford County452$165,000$77,0005.6%6.625%$4,5508.4%$541,287
Cumberland County2,492$285,000$110,00011.9%6.625%$6,0204.7%$541,287
Dauphin County2,382$245,000$90,0008.0%6.625%$5,4807.1%$541,287
Delaware County4,375$315,000$120,00010.3%6.625%$6,6406.6%$630,200
Elk County184$145,000$71,0005.0%6.500%$4,35012.2%$541,287
Erie County1,849$195,000$83,0007.8%6.625%$5,0206.1%$541,287
Fayette County735$165,000$74,0005.0%6.375%$4,53011.0%$541,287
Forest County20——————$541,287
Franklin County1,520$265,000$90,0005.0%6.625%$5,2905.3%$541,287
Fulton County86$215,000$86,00010.0%6.625%$4,9109.1%$541,287
Greene County185$165,000$87,0005.4%6.375%$4,4109.3%$541,287
Huntingdon County212$205,000$90,0008.5%6.625%$4,52017.1%$541,287
Indiana County462$155,000$78,0005.0%6.625%$4,35012.4%$541,287
Jefferson County255$135,000$68,0005.0%6.625%$4,0608.7%$541,287
Juniata County113$205,000$84,0005.0%6.624%$4,6507.6%$541,287
Lackawanna County1,446$235,000$91,0005.0%6.625%$5,7808.8%$541,287
Lancaster County3,987$295,000$108,00013.8%6.625%$6,0404.6%$541,287
Lawrence County643$165,000$75,0005.0%6.625%$4,8108.6%$541,287
Lebanon County1,183$265,000$97,0009.4%6.625%$5,8203.8%$541,287
Lehigh County2,914$305,000$107,00010.0%6.625%$5,9807.0%$541,287
Luzerne County2,350$215,000$78,0005.0%6.625%$5,3508.7%$541,287
Lycoming County767$195,000$77,0005.0%6.500%$4,6907.3%$541,287
McKean County157$135,000$71,0005.0%6.625%$4,26012.1%$541,287
Mercer County759$175,000$75,0005.0%6.625%$5,0308.2%$541,287
Mifflin County258$175,000$81,0005.0%6.625%$4,4007.0%$541,287
Monroe County1,396$285,000$103,0006.0%6.740%$5,96011.2%$541,287
Montgomery County7,088$395,000$147,00020.0%6.625%$7,0104.5%$630,200
Montour County152$265,000$100,00010.0%6.625%$5,0504.3%$541,287
Northampton County2,591$305,000$114,00010.0%6.625%$6,1305.7%$541,287
Northumberland County487$175,000$73,0003.7%6.750%$4,53010.5%$541,287
Perry County346$245,000$98,0005.0%6.625%$5,6206.9%$541,287
Philadelphia County9,782$275,000$92,0005.0%6.500%$5,9608.5%$630,200
Pike County745$265,000$100,00010.0%6.625%$6,1007.4%$541,287
Potter County79$155,000$72,00015.0%6.750%$4,41018.8%$541,287
Schuylkill County1,045$185,000$73,0003.5%6.750%$4,9309.2%$541,287
Snyder County173$215,000$83,0005.0%6.800%$4,8505.9%$541,287
Somerset County420$165,000$83,0005.0%6.500%$4,6307.9%$541,287
Sullivan County27—————6.7%$541,287
Susquehanna County240$205,000$84,00010.0%6.500%$5,07010.3%$541,287
Tioga County212$195,000$85,0005.0%6.500%$4,4309.8%$541,287
Union County224$275,000$121,0006.2%6.750%$5,2305.4%$541,287
Venango County274$165,000$74,0005.0%6.625%$4,8407.7%$541,287
Warren County237$135,000$69,0008.0%6.625%$4,24012.4%$541,287
Washington County1,855$255,000$102,00010.0%6.500%$5,7405.7%$541,287
Wayne County389$255,000$102,00014.9%6.750%$5,93010.1%$541,287
Westmoreland County3,002$215,000$92,0005.0%6.500%$5,2607.0%$541,287
Wyoming County147$215,000$90,00010.0%6.750%$5,0809.7%$541,287
York County4,712$265,000$98,0005.0%6.625%$5,6805.5%$541,287

Who bought homes in Pennsylvania

Home-purchase mortgages for owner-occupied, single-family (1–4 unit) site-built homes, first liens, originated in 2025.

Purchase loans
98,782
of 108,143 applications
Buyer income
$104,000
Middle half $70,000–$160,000
Home value
$325,000
Middle half $225,000–$475,000
Loan amount
$275,000
Middle half $195,000–$385,000
Down payment
10%
38.4% put 20%+ down
Single borrower
55.5%
No co-applicant

Values are medians; "middle half" is the 25th to 75th percentile.

Loan type

Conventional 76.3% 75,390
FHA 16.4% 16,168
VA 6.3% 6,232
USDA 1.0% 992

What the homes were for

Primary residence 94.7% 101,311
Second home 1.9% 1,988
Investment property 3.4% 3,638

All first-lien, closed-end purchase mortgages, including second homes and investors.

Borrower age

Under 25 7.1%
25–34 37.3%
35–44 27.0%
45–54 13.5%
55–64 9.2%
65–74 4.8%
75 and over 1.2%

Debt-to-income ratio

Under 20% 4.4%
20–29% 16.9%
30–35% 17.5%
36–42% 26.5%
43–49% 28.7%
50–60% 5.8%
Over 60% 0.2%

Monthly debts (including the new payment) as a share of income, as used in underwriting.

What borrowing cost in Pennsylvania

Medians for 2025 home-purchase loans. Total loan costs are section D of the Loan Estimate/Closing Disclosure (lender and third-party loan charges, excluding taxes, prepaids and escrow). FHA and VA costs include the upfront mortgage insurance premium or VA funding fee, so compare like with like.

MeasurePennsylvaniaU.S.
30-year fixed rate · conventional6.625%6.625%
30-year fixed rate · FHA6.490%6.250%
30-year fixed rate · VA6.250%6.125%
15-year fixed rate · conventional5.875%5.875%
Rate spread vs. APOR · conventional+0.17 pts+0.13 pts
Total loan costs · conventional$5,880$5,570
Total loan costs · FHA$10,140$11,310
Total loan costs · VA$6,700$6,490
Origination charges (all loan types)$1,780$1,860
Borrowers paying discount points48.1%51.3%
Points paid, when paid (% of loan)0.74%0.87%
Borrowers receiving lender credits34.3%33.1%
Adjustable-rate mortgages5.0%7.4%
Jumbo loans (above conforming limit)2.2%3.8%

Medians are shown only when at least 30 loans report the field. Rates are those reported at closing; market rates changed during 2025, which the rate spread (APR minus the average prime offer rate on the lock date) adjusts for.

Approvals and denials

Pennsylvania: 7,190 of 108,143 completed home-purchase applications were denied (6.7%).

Denial rate

ApplicationPennsylvaniaU.S.
Home purchase6.7%8.5%
Conventional5.3%7.1%
FHA11.7%12.5%
VA8.2%8.0%
USDA13.4%12.5%
Refinance20.3%17.9%
Cash-out refinance36.1%33.6%

Main reason for purchase denials

Debt-to-income ratio 32.7%
Collateral (appraisal/property) 18.2%
Credit history 13.0%
Other 10.3%
Credit application incomplete 9.6%
Insufficient cash (down payment/closing costs) 6.9%
Unverifiable information 6.0%
Employment history 3.2%
Mortgage insurance denied 0.1%

First reason the lender reported.

Denial rate = denied ÷ (originated + approved but not accepted + denied). Withdrawn and incomplete applications are excluded. Differences between places reflect who applies, not only lender behavior.

Refinancing in Pennsylvania

Refinances
17,866
Median loan $275,000
Refi rate
6.25%
30-yr fixed, conv.
Refi loan costs
$4,930
Conventional
Cash-out refis
17,729
Median loan $205,000
Cash-out rate
6.875%
30-yr fixed, conv.
Cash-out income
$87,000
Median borrower

Top mortgage lenders in Pennsylvania

#LenderLoansShareDenial rate30-yr rate*Spread*Costs*
1 Rocket Mortgage, LLC 11,412 8.5% 11.9% 6.625% +0.23 $5,870
2 United Wholesale Mortgage (UWM) 7,820 5.8% 8.0% 6.624% +0.25 $6,860
3 CrossCountry Mortgage, Inc. 7,279 5.4% 2.1% 6.750% +0.33 $6,880
4 Pennymac Loan Services, LLC 3,330 2.5% 9.6% 6.624% +0.21 $7,220
5 Movement Mortgage, LLC 3,190 2.4% 2.0% 6.625% +0.23 $6,070
6 Guild Mortgage Company 2,777 2.1% 1.6% 6.625% +0.17 $6,010
7 Rate 2,663 2.0% 3.3% 6.575% +0.07 $6,950
8 Veterans United Home Loans 2,534 1.9% 9.3% 6.750% +0.38 $4,520
9 CMG Mortgage, Inc. 2,135 1.6% 2.7% 6.625% +0.22 $6,750
10 PNC Bank, N.A. 2,124 1.6% 8.8% 6.375% +0.00 $4,900
11 First National Bank of Pennsylvania 2,081 1.6% 10.4% 6.500% +0.13 $5,650
12 Prosperity Home Mortgage, LLC 2,041 1.5% 4.7% 6.625% +0.19 $6,970
13 New American Funding 1,687 1.3% 4.7% 6.625% +0.37 $6,050
14 Union Home Mortgage Corp. 1,680 1.3% 3.3% 6.625% +0.27 $7,360
15 Freedom Mortgage Corporation 1,638 1.2% 16.2% 6.625% +0.27 $8,280
16 NVR Mortgage Finance, Inc. 1,464 1.1% 8.6% 6.625% +0.13 $6,070
17 loanDepot.com, LLC 1,443 1.1% 8.3% 6.625% +0.18 $6,060
18 Newrez LLC 1,442 1.1% 10.7% 6.750% +0.28 $6,120
19 JPMorgan Chase Bank, N.A. 1,372 1.0% 12.1% 6.500% −0.01 $5,090
20 Wells Fargo Bank, N.A. 1,355 1.0% 17.0% 6.375% −0.07 $5,370
21 Mortgage America, Inc. 1,303 1.0% 1.9% 6.625% +0.17 $5,570
22 Fulton Bank, N.A. 1,257 0.9% 7.6% 6.750% +0.25 $6,030
23 Howard Hanna Financial Services, Inc. 1,243 0.9% 1.4% 6.625% +0.26 $5,690
24 Guaranteed Rate Affinity, LLC 1,213 0.9% 2.5% 6.575% +0.20 $6,830
25 Pennsylvania State Employees Credit Union 1,160 0.9% 4.1% 6.500% +0.05 $3,400

Largest lenders in Pennsylvania by 2025 originations. Loans = home-purchase, refinance and cash-out originations (2025); share = share of those loans here; denial rate = home-purchase applications. *Medians for conventional home-purchase loans, shown with at least 20 loans; spread = APR minus the average prime offer rate at rate lock (percentage points); costs = total loan costs (section D).

Metro areas in Pennsylvania

Source: FFIEC/CFPB HMDA 2025 public LAR; FHFA and HUD 2026 loan limits. Methodology