Guaranteed Rate · Ohio · 2025

Guaranteed Rate in Ohio: approval rate, denial rate and rates (2025)

Guaranteed Rate took 4,955 mortgage applications in Ohio in 2025, ranking #19 of 1,092 lenders active in the state. It originated 56.4% of them and denied 3.9% (6.3% of the applications it decided), against a statewide denial rate of 17.7%.

5.0kApplicationsin OH
6.3%Decision denial ratestate 21.9%
6.58%Median ratestate 6.88%
$235,000Median loanstate $155,000
$766MVolume88 counties

Guaranteed Rate in Ohio vs the state

3.9%Denial rate-13.84 pts vs state
6.3%Decision denial rate-15.62 pts vs state
56.4%Origination rate-3.49 pts vs state
6.58%Median rate-0.30 pts vs state
0.22Rate spread (pts)-0.16 pts vs state
$103kMedian applicant income
2,795Loans originated
191Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,9742,4713.0%6.63%#19
20244,5113,0433.4%6.63%#19
20254,9552,7953.9%6.58%#19

What Guaranteed Rate lends in Ohio

By loan purpose

Home purchase 3,653 74% · 1.8% denied
Refinance 561 11% · 3.6% denied
Cash-out refinance 518 10% · 9.9% denied
Home improvement 85 2% · 22.4% denied
Other / HELOC 138 3% · 24.6% denied

By loan type

Conventional 3,705 75% · 3.3% denied
FHA 832 17% · 6.9% denied
VA 362 7% · 2.8% denied
USDA / RHS 56 1% · 1.8% denied

Why it denied Ohio applicants

Debt-to-income ratio 50 26%
Credit history 47 25%
Other 30 16%
Incomplete application 27 14%
Collateral 16 8%
Insufficient cash 9 5%
Unverifiable information 7 4%
Employment history 5 3%

Where in Ohio

Counties with the most Guaranteed Rate applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Franklin County 1,01653632 3.1%
Cuyahoga County 44624114 3.1%
Hamilton County 42325416 3.8%
Montgomery County 26515513 4.9%
Ross County 2371883 1.3%
Summit County 2131255 2.3%
Stark County 1681109 5.4%
Delaware County 160825 3.1%
Warren County 108555 4.6%
Lucas County 1085611 10.2%

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: 4,955 applications in 2025, of which 2,795 were originated and 191 denied.

3.9% of all applications, or 6.3% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Guaranteed Rate originated in Ohio in 2025 was 6.58%, against a statewide median of 6.88%.

About this data. Figures are Guaranteed Rate'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