Metro area · PA
Lenders in Pittsburgh, PA
68 lenders made 463 multifamily loans in the Pittsburgh, PA metro area in 2024 and 2025, $1.5B in all. S&T Bank made the most, with 50. The typical loan was about $560K.
- Evidence
- Multifamily loans placed in the metro area, HMDA
- Data as of
- HMDA 2025
- Page last changed
- November 11, 2026
- Lenders on record
- 68
- HMDA,
- Multifamily loans, 2024-25
- 463
- HMDA,
- Manufactured-home parks excluded
- Dollars
- $1.52B
- HMDA,
- Typical loan
- $560K
- HMDA,
Cite this
Source: The Lender Report, Lenders in Pittsburgh, PA, https://lender.report/lenders-in/pittsburgh-pa/, data as of December 31, 2025.
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This page lists who has made multifamily loans here. Loan Comps shows who has made a loan like yours, with the loans to prove it.
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| Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans |
|---|---|---|---|---|---|---|
| S&T Bank multifamily record | Bank | Indiana, PA | 50 | $89.0M | 28 | 22 |
| Dollar Bank, Federal Savings Bank multifamily record | Savings | Pittsburgh, PA | 42 | $239M | 25 | 17 |
| InFirst Bank multifamily record | Savings | Indiana, PA | 34 | $16.0M | 18 | 16 |
| RF Renovo Management Company, LLC multifamily record | Non-bank | Chicago, IL | 31 | $19.9M | 24 | 7 |
| Nextier Bank, National Association multifamily record | Bank | Kittanning, PA | 27 | $14.9M | 12 | 15 |
| Somerset Trust Company multifamily record | Bank | Somerset, PA | 26 | $12.2M | 14 | 12 |
| Brentwood Bank multifamily record | Savings | Bethel Park, PA | 22 | $14.4M | 11 | 11 |
| 1st Summit Bank multifamily record | Bank | Johnstown, PA | 19 | $23.0M | 14 | 5 |
| First National Bank of Pennsylvania multifamily record | Bank | Greenville, PA | 16 | $9.47M | 8 | 8 |
| Velocity Commercial Capital LLC multifamily record | Non-bank | Westlake Village, CA | 13 | $4.12M | 8 | 5 |
| First Commonwealth Bank multifamily record | Bank | Indiana, PA | 12 | $7.60M | 9 | 3 |
| WesBanco Bank, Inc. multifamily record | Bank | Wheeling, WV | 11 | $10.0M | 8 | 3 |
| Univest Bank and Trust Co. multifamily record | Bank | Souderton, PA | 8 | $9.12M | 6 | 2 |
| Ameriserv Financial Bank multifamily record | Bank | Johnstown, PA | 8 | $3.44M | 1 | 7 |
| Lument Real Estate Capital multifamily record | Non-bank | Columbus, OH | 7 | $57.8M | 5 | 2 |
| County | Loans | Dollars | Lenders |
|---|---|---|---|
| Allegheny County, PA | 285 | $1.25B | 57 |
| Westmoreland County, PA | 50 | $45.4M | 22 |
| Washington County, PA | 28 | $29.5M | 13 |
| Beaver County, PA | 27 | $53.4M | 14 |
| Butler County, PA | 24 | $45.5M | 12 |
| Lawrence County, PA | 20 | $18.6M | 9 |
| Fayette County, PA | 16 | $5.96M | 7 |
| Armstrong County, PA | 4 | $1.82M | 3 |
A county is listed for a year only when the public file holds 5 or more multifamily loans there that year.
| Loan size | Loans |
|---|---|
| Under $1M | 316 |
| $1M to $2.5M | 68 |
| $2.5M to $5M | 22 |
| $5M to $10M | 21 |
| $10M or more | 36 |
- Lenders made 463 multifamily loans totaling $1.5B in Pittsburgh, PA in 2024 and 2025. HMDA,
- 1 of these loans was made by lenders that have since merged or closed. They are counted in the totals here and appear in no lender's row. HMDA,
- 283 of the loans were made in 2025 and 180 in 2024. HMDA,
- The typical loan in Pittsburgh, PA was about $560K, with the middle half between $300K and $1.2M. HMDA,
- 316 of the loans were under $1M, and 57 were $5M or more. HMDA,
- Lenders reported a median rate of 7.01% on 393 loans in Pittsburgh, PA, with the middle half between 6.50% and 7.50%. HMDA,
- The median term was 20 years. HMDA,
- The median loan to value was 70%. HMDA,
- 42% of the loans were refinancings and 49% were purchases. HMDA,
- Banks and savings institutions made 360 of the loans, credit unions 3, and non-banks 99. HMDA,
- The five most active lenders made 39.7% of the loans. HMDA,
- The three most active lenders were S&T Bank with 50, Dollar Bank, Federal Savings Bank with 42, and InFirst Bank with 34. HMDA,
- 27 of the 68 lenders are based in Pennsylvania. The rest are based elsewhere, most often in Ohio, California and Illinois. HMDA,
- The most common property size was 5 to 24 units, with 353 loans. HMDA,
- 8 counties in the metro area have loans on record, and Allegheny County, PA has the most, with 285. HMDA,
How this list is defined
- Measure
- Multifamily loans made in the Pittsburgh, PA metro area
- Period
- 2024 and 2025
- Formula
- Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in the metro area, manufactured-home parks excluded, for each year in which the public file holds 5 or more such loans there.
- Order
- Largest first by loans recorded in the place, then dollars, then name. Payment is not part of the order.
- As of
- 2025
- Source
- HMDA
- Changelog
- : First published, with the data built on this date.
What we don't know
- Whether any of these lenders is taking new loans today.
- What they charge or require beyond the rate and term that HMDA reports.
- Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.
A metro area or county is named for a year only when the public file holds 5 or more multifamily loans there that year, so a small place is never exposed by a count.
HMDA covers dwelling-secured loans. Amounts are the midpoints of $10,000 bands, and each loan has a year, never a date.
Lenders that merged or stopped filing are left out.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.