First Equity Mortgage · Ohio · 2025

First Equity Mortgage in Ohio: approval rate, denial rate and rates (2025)

First Equity Mortgage took 518 mortgage applications in Ohio in 2025, ranking #131 of 1,092 lenders active in the state. It originated 55.6% of them and denied 10.0% (15.3% of the applications it decided), against a statewide denial rate of 17.7%.

518Applicationsin OH
15.3%Decision denial ratestate 21.9%
6.38%Median ratestate 6.88%
$475,000Median loanstate $155,000
$126MVolume12 counties

First Equity Mortgage in Ohio vs the state

10.0%Denial rate-7.65 pts vs state
15.3%Decision denial rate-6.60 pts vs state
55.6%Origination rate-4.30 pts vs state
6.38%Median rate-0.50 pts vs state
-0.02Rate spread (pts)-0.41 pts vs state
$168kMedian applicant income
288Loans originated
52Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
202343623111.7%6.25%#126
20244462849.0%6.38%#130
202551828810.0%6.38%#131

What First Equity Mortgage lends in Ohio

By loan purpose

Home purchase 514 99% · 10.1% denied
Refinance 2 0% · 0.0% denied
Home improvement 2 0% · 0.0% denied

By loan type

Conventional 468 90% · 7.9% denied
FHA 16 3% · 68.8% denied
VA 34 7% · 11.8% denied

Why it denied Ohio applicants

Debt-to-income ratio 37 71%
Credit history 14 27%
Unverifiable information 1 2%

Where in Ohio

Counties with the most First Equity Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Warren County 1024217 16.7%
Lorain County 95684 4.2%
Hamilton County 803811 13.8%
Medina County 78524 5.1%
Butler County 552210 18.2%
Cuyahoga County 43292 4.7%
Clermont County 38232 5.3%
Summit County 20121 5.0%
Lake County 411 25.0%
Ottawa County 110 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: 518 applications in 2025, of which 288 were originated and 52 denied.

10.0% of all applications, or 15.3% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans First Equity Mortgage originated in Ohio in 2025 was 6.38%, against a statewide median of 6.88%.

About this data. Figures are First Equity Mortgage'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