Loandepot.Com · Ohio · 2025

Loandepot.Com in Ohio: approval rate, denial rate and rates (2025)

Loandepot.Com took 5,699 mortgage applications in Ohio in 2025, ranking #17 of 1,092 lenders active in the state. It originated 61.5% of them and denied 20.7% (24.9% of the applications it decided), against a statewide denial rate of 17.7%.

5.7kApplicationsin OH
24.9%Decision denial ratestate 21.9%
6.75%Median ratestate 6.88%
$135,000Median loanstate $155,000
$573MVolume88 counties

Loandepot.Com in Ohio vs the state

20.7%Denial rate+3.05 pts vs state
24.9%Decision denial rate+3.00 pts vs state
61.5%Origination rate+1.60 pts vs state
6.75%Median rate-0.13 pts vs state
0.73Rate spread (pts)+0.35 pts vs state
$69kMedian applicant income
3,505Loans originated
1,182Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,3592,00822.0%6.99%#23
20244,5882,59523.4%6.75%#18
20255,6993,50520.7%6.75%#17

What Loandepot.Com lends in Ohio

By loan purpose

Home purchase 2,063 36% · 3.8% denied
Refinance 366 6% · 14.5% denied
Cash-out refinance 1,659 29% · 32.3% denied
Home improvement 167 3% · 25.8% denied
Other / HELOC 1,444 25% · 32.8% denied

By loan type

Conventional 3,386 59% · 18.0% denied
FHA 1,853 33% · 27.2% denied
VA 404 7% · 16.6% denied
USDA / RHS 56 1% · 3.6% denied

Why it denied Ohio applicants

Collateral 406 34%
Unverifiable information 220 19%
Debt-to-income ratio 207 18%
Credit history 148 13%
Incomplete application 120 10%
Other 57 5%
Insufficient cash 14 1%
Employment history 10 1%

Where in Ohio

Counties with the most Loandepot.Com applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hancock County 44634916 3.6%
Franklin County 33717997 28.8%
Cuyahoga County 333164111 33.3%
Montgomery County 27518447 17.1%
Lucas County 24512263 25.7%
Seneca County 24319810 4.1%
Hamilton County 22910463 27.5%
Summit County 1729349 28.5%
Butler County 1619148 29.8%
Miami County 15811115 9.5%

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: 5,699 applications in 2025, of which 3,505 were originated and 1,182 denied.

20.7% of all applications, or 24.9% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Loandepot.Com originated in Ohio in 2025 was 6.75%, against a statewide median of 6.88%.

About this data. Figures are Loandepot.Com'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