Pennsylvania
Mortgage Loan Application
Totals and Details
in 2020

Find mortgage statistics and mortgage data for Pennsylvania.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2020 in all of Pennsylvania.
You can organize this information by metropolitan area and by county.

Years 2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 783,719
Total Mortgage Loan Application Amount $168,577,215,000
Average Mortgage Loan Application Amount $215,000
Highest Mortgage Loan Application Amount $90,005,000
Average Applicant Income $117,000
Highest Applicant Income $9,999,000

Mortgage stats and application averages for each year are shown below, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or loan application data statistics in Pennsylvania, these numbers will give you an idea of what to expect as you begin to look for a lender.

These lists can also be organized by various details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.

Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, and the highest mortgage within that category. You can also look at information regarding the average income of the mortgage applicants and the highest income of the mortgage applicants. If you're looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

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Mortgage Loan Application Detail Totals for Pennsylvania in 2020

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 332,042 $78,768,980,000 $237,000 $90,005,000 $127,000 $9,600,000
Home Purchase 246,457 $58,092,095,000 $235,000 $71,685,000 $106,000 $9,999,000
Cash-out Refinancing 101,890 $22,258,640,000 $218,000 $39,515,000 $120,000 $9,999,000
Home Improvement 52,529 $4,249,185,000 $80,000 $21,835,000 $114,000 $8,341,000
Other Purpose 36,525 $3,331,875,000 $91,000 $7,505,000 $118,000 $9,014,000
Not Applicable 14,276 $1,876,440,000 $131,000 $16,005,000 $100,000 $2,432,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 521,824 $105,817,850,000 $202,000 $35,225,000 $119,000 $9,999,000
Not Provided 98,267 $21,503,425,000 $218,000 $22,225,000 $126,000 $9,999,000
Not applicable 67,500 $21,491,920,000 $318,000 $90,005,000 $109,000 $2,432,000
Black or African American 34,835 $5,845,505,000 $167,000 $2,425,000 $85,000 $3,992,000
Asian 28,786 $7,815,680,000 $271,000 $2,535,000 $135,000 $6,017,000
Hispanic 25,896 $4,496,370,000 $173,000 $2,205,000 $83,000 $7,916,000
American Indian or Alaskan Native 1,787 $315,305,000 $176,000 $1,615,000 $98,000 $8,400,000
Native Hawaiian or Other Pacific Islander 475 $94,725,000 $199,000 $1,115,000 $120,000 $2,750,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 628,017 $138,335,280,000 $220,000 $90,005,000 $124,000 $9,600,000
FHA-insured (Federal Housing Administration) 97,542 $17,107,105,000 $175,000 $18,235,000 $65,000 $9,999,000
VA-guaranteed (Veterans Administration) 49,186 $11,764,610,000 $239,000 $2,595,000 $81,000 $9,999,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 8,974 $1,370,220,000 $152,000 $1,305,000 $55,000 $383,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 450,351 $101,255,965,000 $224,000 $90,005,000 $120,000 $9,999,000
Application Denied By Financial Institution 99,702 $15,812,090,000 $158,000 $26,005,000 $96,000 $9,600,000
Application Withdrawn By Applicant 91,573 $20,897,375,000 $228,000 $71,685,000 $127,000 $9,999,000
Loan Purchased By The Institution 83,131 $18,866,215,000 $226,000 $2,175,000 $117,000 $9,999,000
File Closed For Incompleteness 40,659 $8,129,785,000 $199,000 $6,705,000 $119,000 $8,400,000
Application Approved But Not Accepted 18,139 $3,580,485,000 $197,000 $27,005,000 $118,000 $8,366,000
Preapproval Approved but not Accepted 107 $22,665,000 $211,000 $1,365,000 $132,000 $2,101,000
Preapproval Denied by Financial Institution 57 $12,635,000 $221,000 $1,275,000 $81,000 $1,316,000

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 667,690 $149,524,365,000 $223,000 $90,005,000 $121,000 $9,999,000
Debt-To-Income Ratio 42,894 $7,516,665,000 $175,000 $29,895,000 $84,000 $5,652,000
Credit History 26,376 $2,999,460,000 $113,000 $2,525,000 $92,000 $7,224,000
Collateral 16,453 $2,589,785,000 $157,000 $24,505,000 $117,000 $4,789,000
Credit Application Incomplete 13,429 $2,766,055,000 $205,000 $22,225,000 $124,000 $9,600,000
Other 9,929 $1,898,645,000 $191,000 $26,005,000 $121,000 $6,839,000
Unverifiable Information 3,548 $630,700,000 $177,000 $5,985,000 $111,000 $5,040,000
Insufficient Cash (Downpayment, Closing Cost) 1,858 $384,100,000 $206,000 $3,355,000 $107,000 $4,300,000
Employment History 1,519 $262,855,000 $173,000 $2,455,000 $74,000 $2,075,000
Mortgage Insurance Denied 23 $4,585,000 $199,000 $595,000 $80,000 $169,000
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Mortgage Loan Application Totals in 2020 by Pennsylvania Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 46,984 $ 9,803,205,000 $ 208,000 $ 111,000
ALTOONA, PA 5,486 $ 747,850,000 $ 136,000 $ 87,000
BLOOMSBURG-BERWICK, PA 3,394 $ 558,760,000 $ 164,000 $ 99,000
CHAMBERSBURG-WAYNESBORO, PA 10,137 $ 1,757,305,000 $ 173,000 $ 93,000
EAST STROUDSBURG, PA 11,995 $ 2,094,515,000 $ 174,000 $ 114,000
ERIE, PA 11,710 $ 1,634,360,000 $ 139,000 $ 92,000
GETTYSBURG, PA 7,326 $ 1,387,400,000 $ 189,000 $ 96,000
HARRISBURG-CARLISLE, PA 39,078 $ 7,564,530,000 $ 193,000 $ 107,000
JOHNSTOWN, PA 4,887 $ 543,275,000 $ 111,000 $ 84,000
LANCASTER, PA 32,043 $ 6,326,605,000 $ 197,000 $ 104,000
LEBANON, PA 8,260 $ 1,459,120,000 $ 176,000 $ 94,000
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 176,145 $ 51,324,600,000 $ 291,000 $ 148,000
PHILADELPHIA, PA 120,923 $ 29,881,130,000 $ 247,000 $ 121,000
PITTSBURGH, PA 144,097 $ 27,844,040,000 $ 193,000 $ 116,000
READING, PA 23,928 $ 4,231,010,000 $ 176,000 $ 98,000
SCRANTON--WILKES-BARRE--HAZLETON, PA 24,565 $ 3,754,825,000 $ 152,000 $ 96,000
STATE COLLEGE, PA 7,616 $ 1,725,180,000 $ 226,000 $ 125,000
WILLIAMSPORT, PA 5,683 $ 869,155,000 $ 152,000 $ 91,000
YORK-HANOVER, PA 32,732 $ 6,025,080,000 $ 184,000 $ 100,000
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Mortgage Loan Application Totals in 2020 by Pennsylvania County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Adams 7,326 $ 1,387,340,000 $ 189,000 $ 96,000
Allegheny 77,988 $ 15,973,115,000 $ 204,000 $ 123,000
Armstrong 2,624 $ 325,360,000 $ 123,000 $ 83,000
Beaver 9,409 $ 1,434,495,000 $ 152,000 $ 92,000
Bedford 2,459 $ 327,935,000 $ 133,000 $ 84,000
Berks 23,927 $ 4,230,885,000 $ 176,000 $ 98,000
Blair 5,486 $ 747,850,000 $ 136,000 $ 87,000
Bradford 2,435 $ 349,315,000 $ 143,000 $ 89,000
Bucks 55,623 $ 16,045,695,000 $ 288,000 $ 141,000
Butler 14,580 $ 3,326,130,000 $ 228,000 $ 126,000
Cambria 4,887 $ 543,275,000 $ 111,000 $ 84,000
Cameron 153 $ 10,925,000 $ 71,000 $ 73,000
Carbon 4,277 $ 637,485,000 $ 149,000 $ 99,000
Centre 7,616 $ 1,725,180,000 $ 226,000 $ 125,000
Chester 49,624 $ 15,277,840,000 $ 307,000 $ 158,000
Clarion 919 $ 112,915,000 $ 122,000 $ 81,000
Clearfield 2,943 $ 343,485,000 $ 116,000 $ 85,000
Clinton 1,838 $ 236,540,000 $ 128,000 $ 83,000
Columbia 2,646 $ 413,260,000 $ 156,000 $ 90,000
Crawford 3,241 $ 371,075,000 $ 114,000 $ 81,000
Cumberland 19,353 $ 4,027,555,000 $ 208,000 $ 112,000
Dauphin 17,034 $ 3,122,520,000 $ 183,000 $ 105,000
Delaware 39,018 $ 10,022,060,000 $ 256,000 $ 139,000
Elk 1,122 $ 112,540,000 $ 100,000 $ 82,000
Erie 11,709 $ 1,634,035,000 $ 139,000 $ 92,000
Fayette 4,745 $ 610,115,000 $ 128,000 $ 86,000
Forest 160 $ 14,000,000 $ 87,000 $ 80,000
Franklin 10,137 $ 1,757,305,000 $ 173,000 $ 93,000
Fulton 734 $ 116,710,000 $ 159,000 $ 93,000
Greene 1,084 $ 141,180,000 $ 130,000 $ 89,000
Huntingdon 1,755 $ 247,185,000 $ 140,000 $ 90,000
Indiana 3,180 $ 375,830,000 $ 118,000 $ 83,000
Jefferson 1,625 $ 174,655,000 $ 107,000 $ 77,000
Juniata 806 $ 105,980,000 $ 131,000 $ 81,000
Lackawanna 9,674 $ 1,551,940,000 $ 160,000 $ 102,000
Lancaster 32,044 $ 6,326,670,000 $ 197,000 $ 104,000
Lawrence 4,026 $ 520,300,000 $ 129,000 $ 83,000
Lebanon 8,260 $ 1,459,120,000 $ 176,000 $ 94,000
Lehigh 22,445 $ 4,811,740,000 $ 214,000 $ 111,000
Luzerne 13,612 $ 1,998,100,000 $ 146,000 $ 93,000
Lycoming 5,683 $ 869,155,000 $ 152,000 $ 91,000
McKean 921 $ 92,045,000 $ 99,000 $ 82,000
Mercer 4,714 $ 636,410,000 $ 135,000 $ 89,000
Mifflin 1,539 $ 183,705,000 $ 119,000 $ 79,000
Monroe 11,996 $ 2,094,720,000 $ 174,000 $ 114,000
Montgomery 70,898 $ 20,002,005,000 $ 282,000 $ 147,000
Montour 747 $ 145,475,000 $ 194,000 $ 130,000
Northampton 20,262 $ 4,353,980,000 $ 214,000 $ 113,000
Northumberland 2,817 $ 359,195,000 $ 127,000 $ 78,000
Perry 2,690 $ 414,240,000 $ 153,000 $ 86,000
Philadelphia 81,905 $ 19,858,130,000 $ 242,000 $ 112,000
Pike 5,633 $ 1,004,105,000 $ 178,000 $ 122,000
Potter 647 $ 75,115,000 $ 116,000 $ 84,000
Schuylkill 5,341 $ 703,025,000 $ 131,000 $ 83,000
Snyder 1,164 $ 172,700,000 $ 148,000 $ 97,000
Somerset 3,324 $ 423,520,000 $ 127,000 $ 105,000
Sullivan 356 $ 51,900,000 $ 145,000 $ 130,000
Susquehanna 1,765 $ 266,275,000 $ 150,000 $ 95,000
Tioga 1,905 $ 261,145,000 $ 137,000 $ 85,000
Union 1,533 $ 296,995,000 $ 193,000 $ 117,000
Venango 1,549 $ 167,165,000 $ 107,000 $ 80,000
Warren 1,354 $ 139,360,000 $ 102,000 $ 80,000
Washington 13,834 $ 2,836,190,000 $ 205,000 $ 119,000
Wayne 3,689 $ 652,345,000 $ 176,000 $ 123,000
Westmoreland 20,917 $ 3,338,635,000 $ 159,000 $ 101,000
Wyoming 1,280 $ 204,810,000 $ 160,000 $ 91,000
York 32,732 $ 6,025,230,000 $ 184,000 $ 100,000

We hope these mortgage application details and statistics will give you a better idea of what to expect when applying for a mortgage.
Whether you are looking for a home loan, for home financing or refinancing, or for home improvement loan statistics, we have the information you need.
These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender in Pennsylvania.

If you prefer, you can download a copy of the entire list of mortgage lenders in Pennsylvania and search similar information back through 2003.

Download the Pennsylvania Lender List