Figure Lending · Ohio · 2025

Figure Lending in Ohio: approval rate, denial rate and rates (2025)

Figure Lending took 3,065 mortgage applications in Ohio in 2025, ranking #34 of 1,092 lenders active in the state. It originated 50.7% of them and denied 23.4% (24.5% of the applications it decided), against a statewide denial rate of 17.7%.

3.1kApplicationsin OH
24.5%Decision denial ratestate 21.9%
8.80%Median ratestate 6.88%
$55,000Median loanstate $155,000
$102MVolume88 counties

Figure Lending in Ohio vs the state

23.4%Denial rate+5.74 pts vs state
24.5%Decision denial rate+2.64 pts vs state
50.7%Origination rate-9.23 pts vs state
8.80%Median rate+1.93 pts vs state
2.49Rate spread (pts)+2.11 pts vs state
$96kMedian applicant income
1,553Loans originated
718Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,11496333.0%11.00%#40
20242,7881,46124.0%10.55%#38
20253,0651,55323.4%8.80%#34

What Figure Lending lends in Ohio

By loan purpose

Home improvement 1,040 34% · 23.8% denied
Other / HELOC 2,025 66% · 23.3% denied

By loan type

Conventional 3,065 100% · 23.4% denied

Why it denied Ohio applicants

Incomplete application 288 40%
Debt-to-income ratio 218 30%
Other 88 12%
Credit history 70 10%
Collateral 54 8%

Where in Ohio

Counties with the most Figure Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Franklin County 26212655 21.0%
Cuyahoga County 25713859 23.0%
Hamilton County 1919753 27.7%
Montgomery County 1779334 19.2%
Summit County 1627335 21.6%
Butler County 1227521 17.2%
Lucas County 1025617 16.7%
Lorain County 914626 28.6%
Stark County 893724 27.0%
Lake County 813823 28.4%

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: 3,065 applications in 2025, of which 1,553 were originated and 718 denied.

23.4% of all applications, or 24.5% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Figure Lending originated in Ohio in 2025 was 8.80%, against a statewide median of 6.88%.

About this data. Figures are Figure Lending'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