Manufacturers and Traders Trust · Ohio · 2025

Manufacturers and Traders Trust in Ohio: approval rate, denial rate and rates (2025)

Manufacturers and Traders Trust took 137 mortgage applications in Ohio in 2025, ranking #286 of 1,092 lenders active in the state. It originated 45.3% of them and denied 19.0% (29.2% of the applications it decided), against a statewide denial rate of 17.7%.

137Applicationsin OH
29.2%Decision denial ratestate 21.9%
6.25%Median ratestate 6.88%
$155,000Median loanstate $155,000
$12MVolume43 counties

Manufacturers and Traders Trust in Ohio vs the state

19.0%Denial rate+1.29 pts vs state
29.2%Decision denial rate+7.32 pts vs state
45.3%Origination rate-14.64 pts vs state
6.25%Median rate-0.63 pts vs state
0.41Rate spread (pts)+0.03 pts vs state
$88kMedian applicant income
62Loans originated
26Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231316122.9%6.38%#269
20241096218.4%6.25%#296
20251376219.0%6.25%#286

What Manufacturers and Traders Trust lends in Ohio

By loan purpose

Home purchase 23 17% · 17.4% denied
Refinance 10 7% · 20.0% denied
Cash-out refinance 72 53% · 19.4% denied
Home improvement 4 3% · 75.0% denied
Other / HELOC 28 20% · 10.7% denied

By loan type

Conventional 49 36% · 28.6% denied
FHA 74 54% · 14.9% denied
VA 12 9% · 8.3% denied
USDA / RHS 2 1% · 0.0% denied

Why it denied Ohio applicants

Other 12 46%
Credit history 7 27%
Collateral 3 12%
Insufficient cash 2 8%
Debt-to-income ratio 1 4%
Incomplete application 1 4%

Where in Ohio

Counties with the most Manufacturers and Traders Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cuyahoga County 1892 11.1%
Franklin County 1334 30.8%
Hamilton County 950 0.0%
Mahoning County 850 0.0%
Montgomery County 862 25.0%
Summit County 722 28.6%
Butler County 630 0.0%
Stark County 613 50.0%
Lucas County 522 40.0%
Clermont County 440 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: 137 applications in 2025, of which 62 were originated and 26 denied.

19.0% of all applications, or 29.2% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Manufacturers and Traders Trust originated in Ohio in 2025 was 6.25%, against a statewide median of 6.88%.

About this data. Figures are Manufacturers and Traders Trust'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