First Federal Savings of Lorain · Ohio · 2025

First Federal Savings of Lorain in Ohio: approval rate, denial rate and rates (2025)

First Federal Savings of Lorain took 111 mortgage applications in Ohio in 2025, ranking #314 of 1,092 lenders active in the state. It originated 79.3% of them and denied 6.3% (7.1% of the applications it decided), against a statewide denial rate of 17.7%.

111Applicationsin OH
7.1%Decision denial ratestate 21.9%
6.50%Median ratestate 6.88%
$215,000Median loanstate $155,000
$26MVolume12 counties

First Federal Savings of Lorain in Ohio vs the state

6.3%Denial rate-11.38 pts vs state
7.1%Decision denial rate-14.82 pts vs state
79.3%Origination rate+19.38 pts vs state
6.50%Median rate-0.38 pts vs state
-0.07Rate spread (pts)-0.46 pts vs state
$108kMedian applicant income
88Loans originated
7Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023148958.8%6.25%#252
2024134886.0%6.63%#270
2025111886.3%6.50%#314

What First Federal Savings of Lorain lends in Ohio

By loan purpose

Home purchase 78 70% · 3.9% denied
Refinance 8 7% · 0.0% denied
Cash-out refinance 23 21% · 17.4% denied
Home improvement 2 2% · 0.0% denied

By loan type

Conventional 111 100% · 6.3% denied

Why it denied Ohio applicants

Debt-to-income ratio 2 29%
Credit history 2 29%
Collateral 2 29%
Insufficient cash 1 14%

Where in Ohio

Counties with the most First Federal Savings of Lorain applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lorain County 51385 9.8%
Erie County 21190 0.0%
Ottawa County 1281 8.3%
Cuyahoga County 1061 10.0%
Medina County 660 0.0%
Huron County 440 0.0%
Wayne County 110 0.0%
Sandusky County 110 0.0%
Franklin County 110 0.0%
Geauga 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: 111 applications in 2025, of which 88 were originated and 7 denied.

6.3% of all applications, or 7.1% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans First Federal Savings of Lorain originated in Ohio in 2025 was 6.50%, against a statewide median of 6.88%.

About this data. Figures are First Federal Savings of Lorain'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