M/i Financial · Ohio · 2025

M/i Financial in Ohio: approval rate, denial rate and rates (2025)

M/i Financial took 1,365 mortgage applications in Ohio in 2025, ranking #68 of 1,092 lenders active in the state. It originated 79.7% of them and denied 1.2% (1.3% of the applications it decided), against a statewide denial rate of 17.7%.

1.4kApplicationsin OH
1.3%Decision denial ratestate 21.9%
5.88%Median ratestate 6.88%
$435,000Median loanstate $155,000
$474MVolume13 counties

M/i Financial in Ohio vs the state

1.2%Denial rate-16.52 pts vs state
1.3%Decision denial rate-20.64 pts vs state
79.7%Origination rate+19.81 pts vs state
5.88%Median rate-1.00 pts vs state
-0.37Rate spread (pts)-0.75 pts vs state
$156kMedian applicant income
1,088Loans originated
16Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239706341.3%6.38%#77
20241,4071,0062.2%6.50%#60
20251,3651,0881.2%5.88%#68

What M/i Financial lends in Ohio

By loan purpose

Home purchase 1,365 100% · 1.2% denied

By loan type

Conventional 1,002 73% · 0.6% denied
FHA 237 17% · 3.4% denied
VA 126 9% · 1.6% denied

Why it denied Ohio applicants

Debt-to-income ratio 13 81%
Unverifiable information 2 13%
Credit history 1 6%

Where in Ohio

Counties with the most M/i Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Delaware County 3252592 0.6%
Franklin County 2331902 0.9%
Butler County 1701298 4.7%
Union County 1621320 0.0%
Montgomery County 118940 0.0%
Warren County 66501 1.5%
Pickaway County 62540 0.0%
Greene County 58450 0.0%
Clermont County 41320 0.0%
Hamilton County 35261 2.9%

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: 1,365 applications in 2025, of which 1,088 were originated and 16 denied.

1.2% of all applications, or 1.3% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans M/i Financial originated in Ohio in 2025 was 5.88%, against a statewide median of 6.88%.

About this data. Figures are M/i Financial'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