Hometown Equity Mortgage · Ohio · 2025

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

Hometown Equity Mortgage took 201 mortgage applications in Ohio in 2025, ranking #237 of 1,092 lenders active in the state. It originated 48.8% of them and denied 48.3% (49.5% of the applications it decided), against a statewide denial rate of 17.7%.

201Applicationsin OH
49.5%Decision denial ratestate 21.9%
7.38%Median ratestate 6.88%
$165,000Median loanstate $155,000
$19MVolume47 counties

Hometown Equity Mortgage in Ohio vs the state

48.3%Denial rate+30.57 pts vs state
49.5%Decision denial rate+27.60 pts vs state
48.8%Origination rate-11.14 pts vs state
7.38%Median rate+0.50 pts vs state
0.66Rate spread (pts)+0.27 pts vs state
$72kMedian applicant income
98Loans originated
97Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023874633.3%6.75%#320
2024975241.2%6.69%#312
20252019848.3%7.38%#237

What Hometown Equity Mortgage lends in Ohio

By loan purpose

Home purchase 85 42% · 37.7% denied
Refinance 43 21% · 72.1% denied
Cash-out refinance 73 36% · 46.6% denied

By loan type

Conventional 166 83% · 52.4% denied
FHA 14 7% · 35.7% denied
VA 2 1% · 50.0% denied
USDA / RHS 19 9% · 21.1% denied

Why it denied Ohio applicants

Incomplete application 73 75%
Collateral 11 11%
Credit history 9 9%
Unverifiable information 4 4%

Where in Ohio

Counties with the most Hometown Equity Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cuyahoga County 542231 57.4%
Franklin County 301613 43.3%
Lucas County 1275 41.7%
Hamilton County 1136 54.5%
Montgomery County 1037 70.0%
Miami County 734 57.1%
Summit County 624 66.7%
Richland County 523 60.0%
Lorain County 421 25.0%
Knox County 431 25.0%

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: 201 applications in 2025, of which 98 were originated and 97 denied.

48.3% of all applications, or 49.5% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Hometown Equity Mortgage originated in Ohio in 2025 was 7.38%, against a statewide median of 6.88%.

About this data. Figures are Hometown 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