Mechanics Bank in Ohio vs the state
3.5%Denial rate-14.19 pts vs state
3.7%Decision denial rate-18.18 pts vs state
82.3%Origination rate+22.42 pts vs state
6.19%Median rate-0.68 pts vs state
0.40Rate spread (pts)+0.01 pts vs state
$85kMedian applicant income
517Loans originated
22Denied
Trend in Ohio
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 587 | 492 | 5.1% | 6.24% | #102 |
| 2024 | 604 | 499 | 2.5% | 6.99% | #111 |
| 2025 | 628 | 517 | 3.5% | 6.19% | #118 |
What Mechanics Bank lends in Ohio
By loan purpose
By loan type
Why it denied Ohio applicants
Where in Ohio
Counties with the most Mechanics Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Richland County | 458 | 365 | 17 | 3.7% |
| Ashland County | 89 | 83 | 2 | 2.2% |
| Morrow County | 21 | 18 | 0 | 0.0% |
| Crawford County | 20 | 17 | 1 | 5.0% |
| Knox County | 17 | 15 | 0 | 0.0% |
| Huron County | 10 | 8 | 1 | 10.0% |
| Erie County | 5 | 4 | 1 | 20.0% |
| Wayne County | 3 | 3 | 0 | 0.0% |
| Wyandot County | 1 | 1 | 0 | 0.0% |
| Holmes County | 1 | 0 | 0 | 0.0% |
Other large lenders in Ohio
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| The Huntington National Bank | D | 42,683 | 25.8% | 7.59% |
| Rocket Mortgage | C | 23,165 | 18.5% | 6.63% |
| Fifth Third Bank | D | 21,939 | 25.6% | 7.50% |
| Crosscountry Mortgage | B | 16,066 | 3.1% | 6.75% |
| United Shore Financial Services | B | 14,626 | 13.1% | 6.45% |
| Third Federal Savings and Loan Association of Cleveland | C | 12,622 | 23.0% | 6.74% |
| PNC Bank | D | 11,607 | 24.6% | 7.40% |
| Wright-Patt Credit Union | C | 8,791 | 28.1% | 7.50% |
| U.S. Bank | D | 8,623 | 38.0% | 7.60% |
| Citizens Bank | C | 7,775 | 24.3% | 7.65% |
Frequently asked questions
Ohio: 628 applications in 2025, of which 517 were originated and 22 denied.
3.5% of all applications, or 3.7% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.
The median rate on loans Mechanics Bank originated in Ohio in 2025 was 6.19%, against a statewide median of 6.88%.
About this data. Figures are Mechanics 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