Luminate Bank · Ohio · 2025

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

Luminate Bank took 133 mortgage applications in Ohio in 2025, ranking #287 of 1,092 lenders active in the state. It originated 72.2% of them and denied 2.3% (3.0% of the applications it decided), against a statewide denial rate of 17.7%.

133Applicationsin OH
3.0%Decision denial ratestate 21.9%
6.88%Median ratestate 6.88%
$195,000Median loanstate $155,000
$22MVolume30 counties

Luminate Bank in Ohio vs the state

2.3%Denial rate-15.43 pts vs state
3.0%Decision denial rate-18.89 pts vs state
72.2%Origination rate+12.28 pts vs state
6.88%Median rate0.00 pts vs state
0.76Rate spread (pts)+0.37 pts vs state
$84kMedian applicant income
96Loans originated
3Denied

What Luminate Bank lends in Ohio

By loan purpose

Home purchase 115 86% · 1.7% denied
Refinance 7 5% · 14.3% denied
Cash-out refinance 10 8% · 0.0% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 80 60% · 1.3% denied
FHA 46 35% · 2.2% denied
VA 7 5% · 14.3% denied

Why it denied Ohio applicants

Credit history 1 33%
Debt-to-income ratio 1 33%
Collateral 1 33%

Where in Ohio

Counties with the most Luminate Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hamilton County 46361 2.2%
Mahoning County 22150 0.0%
Butler County 870 0.0%
Columbiana County 640 0.0%
Trumbull County 631 16.7%
Clermont County 540 0.0%
Clark County 440 0.0%
Montgomery County 430 0.0%
Delaware County 320 0.0%
Lucas County 310 0.0%

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: 133 applications in 2025, of which 96 were originated and 3 denied.

2.3% of all applications, or 3.0% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

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

About this data. Figures are Luminate Bank'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