Lender profile · HMDA 2023–2025
PNC Bank, National Association mortgage approval rates & lending data
PNC Bank, National Association decided 180,498 mortgage applications and funded 120,407 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 83% | 29,601 / 35,804 | 98% | $285K | 29,130 |
| Home improvement loans | 61% | 47,442 / 77,781 | 96% | $95K | 45,628 |
| Cash-out refinance | 68% | 2,493 / 3,651 | 98% | $205K | 2,451 |
| Refinance | 73% | 40,768 / 56,164 | 96% | $125K | 39,291 |
| Investment property purchase | 78% | 2,405 / 3,085 | 98% | $315K | 2,364 |
| Investment cash-out refinance | 57% | 213 / 376 | 97% | $235K | 206 |
| Investment refinance | 46% | 480 / 1,035 | 95% | $205K | 458 |
| Investment home improvement | 35% | 923 / 2,602 | 95% | $155K | 879 |
PNC Bank, National Association lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Pennsylvania | 76% | $105K | 28,766 | 21,065 |
| New Jersey | 67% | $195K | 18,442 | 11,906 |
| Ohio | 73% | $105K | 17,336 | 12,281 |
| Florida | 61% | $165K | 14,993 | 8,748 |
| California | 73% | $495K | 12,410 | 8,785 |
| Texas | 53% | $205K | 11,199 | 5,722 |
| Illinois | 70% | $135K | 10,671 | 7,222 |
| Maryland | 66% | $105K | 7,615 | 4,825 |
| Michigan | 72% | $105K | 7,604 | 5,341 |
| Indiana | 73% | $105K | 6,037 | 4,264 |
| North Carolina | 72% | $175K | 5,875 | 4,093 |
| Georgia | 61% | $165K | 4,237 | 2,519 |
| Virginia | 67% | $245K | 4,194 | 2,715 |
| Alabama | 64% | $115K | 4,084 | 2,516 |
| Kentucky | 77% | $105K | 3,869 | 2,880 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.