State Guides

Pennsylvania loan processing.

What brokers and loan officers should know about closings and property rules in Pennsylvania, and how Hancock Processing works your files there.

Loan officer and borrower discussing loan processing in Pennsylvania

Is Pennsylvania a Title State or an Attorney State?

Pennsylvania is a title state. Settlement is typically handled by a title or settlement agent, and state law does not require an attorney at closing, though buyers and sellers can choose to hire one.

Is Pennsylvania a Community Property State for Mortgages?

No. Pennsylvania is not a community property state, and state law has replaced dower and curtesy with a surviving spouse's statutory share.

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Pennsylvania

Hancock Processing services in Pennsylvania

What Loan Types Does Hancock Processing Handle in Pennsylvania?

All of them. We process every loan type we offer in Pennsylvania, including conventional, FHA, VA, USDA, jumbo, Non-QM and DSCR loans, from the Philadelphia and Pittsburgh metros to smaller markets statewide.

Can Hancock Processing work files anywhere in Pennsylvania, not just Philadelphia or Pittsburgh?

Yes. We process loans statewide in Pennsylvania and coordinate with the title or settlement company handling each closing.

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