Mortgage lender · Hilliard, OH · LEI 549300WYRD3CZ6KH1N11

Credit Union of Ohio review: approval odds, rates and grade (2025)

Credit Union of Ohio earns an F, in the bottom tier of small mortgage lenders. It turned down 46.6% of the applications it decided on in 2025, which ranks in the 2nd percentile for approval odds. Its median loan was priced 0.48 points above the average prime offer rate, ranking in the 30th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

142Applications2025
37.3%Originatedof applications
46.6%Decision denial ratenational 22.6%
7.75%Median ratenational 6.63%
$4.7MLoan volume3 states

Credit Union of Ohio at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

33.8%Denial rate (all applications)+15.82 pts vs national
46.6%Denial rate (decided applications)+24.01 pts vs national
37.3%Origination rate-20.71 pts vs national
12.7%Withdrawn by applicant
14.8%Closed for incompleteness
7.75%Median interest rate+1.13 pts vs national
0.48Median rate spread (pts over APOR)+0.23 pts vs national
$55,000Median loan amount
$6,593Median total loan costs
$88kMedian applicant income
66%Median loan-to-value
0High-cost (HOEPA) loans

How the F grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

2nd46.6% denied

Pricingmedian rate spread over APOR, weight 30%

30th0.48 pts

Processwithdrawn + incomplete share, weight 15%

8th27.5%

Closing coststotal loan costs ÷ loan amount, weight 10%

0th11.99% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231003140.0%54.8%8.50%$2.1M
20241696237.3%47.4%8.75%$4.4M
20251425333.8%46.6%7.75%$4.7M

What Credit Union of Ohio lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 28 20% · 21.4% denied
Refinance 7 5% · 42.9% denied
Cash-out refinance 8 6% · 37.5% denied
Home improvement 49 35% · 34.7% denied
Other / HELOC 50 35% · 38.0% denied

By loan type

Conventional 142 100% · 33.8% denied

Also: 0 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 4 investment properties.

Why Credit Union of Ohio denies applications

Primary reason reported for each of the 48 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Credit history 26 54%
Debt-to-income ratio 10 21%
Unverifiable information 4 8%
Collateral 4 8%
Other 4 8%

How these reasons compare nationally →

Who gets approved at Credit Union of Ohio

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k492341.0%
$100k – $150k301728.0%
Applicant ageApplicationsOriginatedDecision denial rate
25–3421471.4%
35–44341444.0%
45–5432950.0%
55–64301337.5%

Where Credit Union of Ohio lends

3 states and 37 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Ohio1405333.6%7.75%#283

Frequently asked questions

Credit Union of Ohio denied 46.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 2nd percentile of small mortgage lenders.

The most common reason Credit Union of Ohio gave in 2025 was "credit history", cited on 54.2% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans Credit Union of Ohio originated in 2025 was 7.75%, and its median rate spread over the average prime offer rate was 0.48 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 20% of its applications were for home purchases, 11% for refinancing (including cash-out), and 70% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Credit Union of Ohio. Data sources · Methodology