BMI Federal Credit Union · Ohio · 2025

BMI Federal Credit Union in Ohio: approval rate, denial rate and rates (2025)

BMI Federal Credit Union took 535 mortgage applications in Ohio in 2025, ranking #128 of 1,092 lenders active in the state. It originated 77.0% of them and denied 11.0% (12.5% of the applications it decided), against a statewide denial rate of 17.7%.

535Applicationsin OH
12.5%Decision denial ratestate 21.9%
7.50%Median ratestate 6.88%
$105,000Median loanstate $155,000
$72MVolume33 counties

BMI Federal Credit Union in Ohio vs the state

11.0%Denial rate-6.66 pts vs state
12.5%Decision denial rate-9.36 pts vs state
77.0%Origination rate+17.11 pts vs state
7.50%Median rate+0.63 pts vs state
0.24Rate spread (pts)-0.15 pts vs state
$122kMedian applicant income
412Loans originated
59Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235144066.0%8.25%#110
202446234111.7%8.50%#125
202553541211.0%7.50%#128

What BMI Federal Credit Union lends in Ohio

By loan purpose

Home purchase 94 18% · 3.2% denied
Refinance 62 12% · 9.7% denied
Cash-out refinance 3 1% · 0.0% denied
Home improvement 214 40% · 8.9% denied
Other / HELOC 162 30% · 19.1% denied

By loan type

Conventional 535 100% · 11.0% denied

Why it denied Ohio applicants

Debt-to-income ratio 32 54%
Credit history 10 17%
Other 9 15%
Unverifiable information 5 8%
Collateral 3 5%

Where in Ohio

Counties with the most BMI Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Franklin County 28822233 11.5%
Delaware County 88678 9.1%
Union County 32235 15.6%
Licking County 21173 14.3%
Fairfield County 20142 10.0%
Pickaway County 17141 5.9%
Madison County 15111 6.7%
Morrow County 540 0.0%
Clark County 422 50.0%
Knox County 440 0.0%

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: 535 applications in 2025, of which 412 were originated and 59 denied.

11.0% of all applications, or 12.5% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans BMI Federal Credit Union originated in Ohio in 2025 was 7.50%, against a statewide median of 6.88%.

About this data. Figures are BMI Federal Credit Union'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