American Financing · Ohio · 2025

American Financing in Ohio: approval rate, denial rate and rates (2025)

American Financing took 845 mortgage applications in Ohio in 2025, ranking #98 of 1,092 lenders active in the state. It originated 22.4% of them and denied 44.0% (57.5% of the applications it decided), against a statewide denial rate of 17.7%.

845Applicationsin OH
57.5%Decision denial ratestate 21.9%
6.38%Median ratestate 6.88%
$165,000Median loanstate $155,000
$33MVolume83 counties

American Financing in Ohio vs the state

44.0%Denial rate+26.33 pts vs state
57.5%Decision denial rate+35.61 pts vs state
22.4%Origination rate-37.53 pts vs state
6.38%Median rate-0.50 pts vs state
0.29Rate spread (pts)-0.09 pts vs state
$80kMedian applicant income
189Loans originated
372Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234309733.3%6.38%#128
202472216950.4%6.13%#102
202584518944.0%6.38%#98

What American Financing lends in Ohio

By loan purpose

Home purchase 48 6% · 0.0% denied
Refinance 177 21% · 62.2% denied
Cash-out refinance 569 67% · 43.9% denied
Other / HELOC 51 6% · 23.5% denied

By loan type

Conventional 290 34% · 32.1% denied
FHA 513 61% · 51.7% denied
VA 42 5% · 33.3% denied

Why it denied Ohio applicants

Credit history 137 37%
Other 131 35%
Debt-to-income ratio 41 11%
Collateral 37 10%
Incomplete application 12 3%
Unverifiable information 8 2%
Employment history 5 1%
Insufficient cash 1 0%

Where in Ohio

Counties with the most American Financing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Franklin County 651228 43.1%
Cuyahoga County 491025 51.0%
Lucas County 431116 37.2%
Montgomery County 391411 28.2%
Hamilton County 34913 38.2%
Summit County 31715 48.4%
Butler County 28416 57.1%
Lake County 2459 37.5%
Fairfield County 23610 43.5%
Medina County 22213 59.1%

Other large lenders in Ohio

LenderGradeApplicationsDenial rateMedian rate
The Huntington National BankD 42,68325.8%7.59%
Rocket MortgageC 23,16518.5%6.63%
Fifth Third BankD 21,93925.6%7.50%
Crosscountry MortgageB 16,0663.1%6.75%
United Shore Financial ServicesB 14,62613.1%6.45%
Third Federal Savings and Loan Association of ClevelandC 12,62223.0%6.74%
PNC BankD 11,60724.6%7.40%
Wright-Patt Credit UnionC 8,79128.1%7.50%
U.S. BankD 8,62338.0%7.60%
Citizens BankC 7,77524.3%7.65%

Frequently asked questions

Ohio: 845 applications in 2025, of which 189 were originated and 372 denied.

44.0% of all applications, or 57.5% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans American Financing originated in Ohio in 2025 was 6.38%, against a statewide median of 6.88%.

About this data. Figures are American Financing's own HMDA filing for properties located in Ohio, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology