Investor Mortgage Finance · Ohio · 2025

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

Investor Mortgage Finance took 76 mortgage applications in Ohio in 2025, ranking #357 of 1,092 lenders active in the state. It originated 56.6% of them and denied 17.1% (23.2% of the applications it decided), against a statewide denial rate of 17.7%.

76Applicationsin OH
23.2%Decision denial ratestate 21.9%
7.93%Median ratestate 6.88%
$190,000Median loanstate $155,000
$9.9MVolume0 counties

Investor Mortgage Finance in Ohio vs the state

17.1%Denial rate-0.58 pts vs state
23.2%Decision denial rate+1.32 pts vs state
56.6%Origination rate-3.32 pts vs state
7.93%Median rate+1.05 pts vs state
Rate spread (pts)
Median applicant income
43Loans originated
13Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20241486521.6%7.93%#260
2025764317.1%7.93%#357

What Investor Mortgage Finance lends in Ohio

By loan purpose

Home purchase 16 21% · 6.3% denied
Refinance 14 18% · 14.3% denied
Cash-out refinance 46 61% · 21.7% denied

By loan type

Conventional 76 100% · 17.1% denied

Why it denied Ohio applicants

Credit history 5 38%
Collateral 3 23%
Unverifiable information 2 15%
Incomplete application 2 15%
Insufficient cash 1 8%

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: 76 applications in 2025, of which 43 were originated and 13 denied.

17.1% of all applications, or 23.2% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Investor Mortgage Finance originated in Ohio in 2025 was 7.93%, against a statewide median of 6.88%.

About this data. Figures are Investor Mortgage Finance'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