Metro area · PA
Lenders in State College, PA
13 lenders made 36 multifamily loans in the State College, PA metro area in 2024 and 2025, $284M in all. Kish Bank made the most, with 11. The typical loan was about $720K.
- Evidence
- Multifamily loans placed in the metro area, HMDA
- Data as of
- HMDA 2025
- Page last changed
- November 11, 2026
- Lenders on record
- 13
- HMDA,
- Multifamily loans, 2024-25
- 36
- HMDA,
- Manufactured-home parks excluded
- Dollars
- $284M
- HMDA,
- Typical loan
- $720K
- HMDA,
Cite this
Source: The Lender Report, Lenders in State College, PA, https://lender.report/lenders-in/state-college-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 |
|---|---|---|---|---|---|---|
| Kish Bank multifamily record | Bank | Belleville, PA | 11 | $12.9M | 6 | 5 |
| PNC Bank, National Association multifamily record | Bank | Wilmington, DE | 2 | $175M | 2 | 0 |
| First Citizens Community Bank multifamily record | Bank | Mansfield, PA | 2 | $5.30M | 2 | 0 |
| Reliance Savings Bank multifamily record | Savings | Altoona, PA | 2 | $3.30M | 0 | 2 |
| Penn State Credit Union multifamily record | Credit union | Bellefonte, PA | 2 | $1.72M | 1 | 1 |
| The Juniata Valley Bank multifamily record | Bank | Mifflintown, PA | 2 | $660K | 1 | 1 |
| CNB Bank multifamily record | Bank | Clearfield, PA | 1 | $33.0M | 1 | 0 |
| Carter Bank & Trust multifamily record | Bank | Martinsville, VA | 1 | $25.0M | 1 | 0 |
| JPMorgan Chase Bank, National Association multifamily record | Bank | Columbus, OH | 1 | $22.0M | 0 | 1 |
| Arbor Realty Trust, Inc. multifamily record | Non-bank | Uniondale, NY | 1 | $1.40M | 0 | 1 |
| Ameriserv Financial Bank multifamily record | Bank | Johnstown, PA | 1 | $620K | 0 | 1 |
| Horizon Farm Credit, ACA multifamily record | Non-bank | Mechanicsburg, PA | 1 | $480K | 1 | 0 |
| Univest Bank and Trust Co. multifamily record | Bank | Souderton, PA | 1 | $360K | 1 | 0 |
| County | Loans | Dollars | Lenders |
|---|---|---|---|
| Centre County, PA | 36 | $286M | 13 |
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 | 23 |
| $1M to $2.5M | 5 |
| $2.5M to $5M | 3 |
| $5M to $10M | 0 |
| $10M or more | 5 |
- Lenders made 36 multifamily loans totaling $284M in State College, PA in 2024 and 2025. HMDA,
- 8 of these loans were made by lenders that have since merged or closed. They are counted in the totals here and appear in no lender's row. HMDA,
- 21 of the loans were made in 2025 and 15 in 2024. HMDA,
- The typical loan in State College, PA was about $720K, with the middle half between $420K and $2.2M. HMDA,
- 23 of the loans were under $1M, and 5 were $5M or more. HMDA,
- Lenders reported a median rate of 6.95% on 29 loans in State College, PA, with the middle half between 6.50% and 7.25%. HMDA,
- The median term was 10 years. HMDA,
- The median loan to value was 77%. HMDA,
- 25% of the loans were refinancings and 69% were purchases. HMDA,
- Banks and savings institutions made 24 of the loans, credit unions 2, and non-banks 2. HMDA,
- The five most active lenders made 52.8% of the loans. HMDA,
- The three most active lenders were Kish Bank with 11, PNC Bank, National Association with 2, and First Citizens Community Bank with 2. HMDA,
- 9 of the 13 lenders are based in Pennsylvania. The rest are based elsewhere, most often in Delaware, New York and Ohio. HMDA,
- The most common property size was 5 to 24 units, with 24 loans. HMDA,
- 1 county in the metro area has loans on record, and Centre County, PA has the most, with 36. HMDA,
How this list is defined
- Measure
- Multifamily loans made in the State College, 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.