HomePromise · Ohio · 2025

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

HomePromise took 97 mortgage applications in Ohio in 2025, ranking #328 of 1,092 lenders active in the state. It originated 6.2% of them and denied 50.5% (89.1% of the applications it decided), against a statewide denial rate of 17.7%.

97Applicationsin OH
89.1%Decision denial ratestate 21.9%
7.25%Median ratestate 6.88%
$245,000Median loanstate $155,000
$1.7MVolume32 counties

HomePromise in Ohio vs the state

50.5%Denial rate+32.83 pts vs state
89.1%Decision denial rate+67.20 pts vs state
6.2%Origination rate-53.71 pts vs state
7.25%Median rate+0.38 pts vs state
0.64Rate spread (pts)+0.25 pts vs state
$71kMedian applicant income
6Loans originated
49Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023159557.2%7.50%#245
20241291056.6%7.31%#274
202597650.5%7.25%#328

What HomePromise lends in Ohio

By loan purpose

Home purchase 96 99% · 50.0% denied
Home improvement 1 1% · 100.0% denied

By loan type

FHA 3 3% · 66.7% denied
VA 94 97% · 50.0% denied

Why it denied Ohio applicants

Debt-to-income ratio 36 73%
Credit history 13 27%

Where in Ohio

Counties with the most HomePromise applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mahoning County 1005 50.0%
Cuyahoga County 814 50.0%
Lucas County 611 16.7%
Franklin County 502 40.0%
Hamilton County 504 80.0%
Montgomery County 504 80.0%
Lake County 502 40.0%
Knox County 512 40.0%
Stark County 403 75.0%
Ashland County 404 100.0%

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: 97 applications in 2025, of which 6 were originated and 49 denied.

50.5% of all applications, or 89.1% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans HomePromise originated in Ohio in 2025 was 7.25%, against a statewide median of 6.88%.

About this data. Figures are HomePromise'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