Freedom Mortgage · Ohio · 2025

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

Freedom Mortgage took 5,665 mortgage applications in Ohio in 2025, ranking #18 of 1,092 lenders active in the state. It originated 43.7% of them and denied 8.8% (14.6% of the applications it decided), against a statewide denial rate of 17.7%.

5.7kApplicationsin OH
14.6%Decision denial ratestate 21.9%
6.25%Median ratestate 6.88%
$225,000Median loanstate $155,000
$626MVolume88 counties

Freedom Mortgage in Ohio vs the state

8.8%Denial rate-8.85 pts vs state
14.6%Decision denial rate-7.32 pts vs state
43.7%Origination rate-16.18 pts vs state
6.25%Median rate-0.63 pts vs state
0.29Rate spread (pts)-0.10 pts vs state
$86kMedian applicant income
2,477Loans originated
501Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,02784616.3%6.75%#42
20244,1821,84711.1%6.25%#20
20255,6652,4778.8%6.25%#18

What Freedom Mortgage lends in Ohio

By loan purpose

Home purchase 303 5% · 9.2% denied
Refinance 2,766 49% · 2.2% denied
Cash-out refinance 2,580 46% · 15.9% denied
Other / HELOC 16 0% · 6.3% denied

By loan type

Conventional 604 11% · 8.4% denied
FHA 2,902 51% · 11.2% denied
VA 2,157 38% · 5.7% denied
USDA / RHS 2 0% · 50.0% denied

Why it denied Ohio applicants

Collateral 261 52%
Credit history 86 17%
Debt-to-income ratio 65 13%
Other 53 11%
Insufficient cash 12 2%
Unverifiable information 11 2%
Incomplete application 9 2%
Employment history 4 1%

Where in Ohio

Counties with the most Freedom Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Franklin County 63927452 8.1%
Cuyahoga County 39812849 12.3%
Montgomery County 36818721 5.7%
Hamilton County 34114730 8.8%
Butler County 26511414 5.3%
Summit County 1898218 9.5%
Lorain County 1728115 8.7%
Clermont County 1725715 8.7%
Warren County 1718111 6.4%
Stark County 1677026 15.6%

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: 5,665 applications in 2025, of which 2,477 were originated and 501 denied.

8.8% of all applications, or 14.6% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Freedom Mortgage originated in Ohio in 2025 was 6.25%, against a statewide median of 6.88%.

About this data. Figures are Freedom 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