Michigan Mutual · Ohio · 2025

Michigan Mutual in Ohio: approval rate, denial rate and rates (2025)

Michigan Mutual took 127 mortgage applications in Ohio in 2025, ranking #296 of 1,092 lenders active in the state. It originated 53.5% of them and denied 8.7% (10.9% of the applications it decided), against a statewide denial rate of 17.7%.

127Applicationsin OH
10.9%Decision denial ratestate 21.9%
7.25%Median ratestate 6.88%
$175,000Median loanstate $155,000
$14MVolume31 counties

Michigan Mutual in Ohio vs the state

8.7%Denial rate-9.03 pts vs state
10.9%Decision denial rate-11.00 pts vs state
53.5%Origination rate-6.36 pts vs state
7.25%Median rate+0.38 pts vs state
0.97Rate spread (pts)+0.58 pts vs state
$73kMedian applicant income
68Loans originated
11Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231458410.3%7.13%#255
202417611013.1%6.93%#235
2025127688.7%7.25%#296

What Michigan Mutual lends in Ohio

By loan purpose

Home purchase 124 98% · 8.9% denied
Refinance 1 1% · 0.0% denied
Cash-out refinance 2 2% · 0.0% denied

By loan type

Conventional 58 46% · 6.9% denied
FHA 55 43% · 12.7% denied
VA 12 9% · 0.0% denied
USDA / RHS 2 2% · 0.0% denied

Why it denied Ohio applicants

Debt-to-income ratio 8 73%
Collateral 2 18%
Employment history 1 9%

Where in Ohio

Counties with the most Michigan Mutual applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lucas County 34155 14.7%
Cuyahoga County 1472 14.3%
Mahoning County 1040 0.0%
Trumbull County 730 0.0%
Lorain County 640 0.0%
Seneca County 530 0.0%
Medina County 540 0.0%
Hamilton County 430 0.0%
Franklin County 420 0.0%
Ottawa County 421 25.0%

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: 127 applications in 2025, of which 68 were originated and 11 denied.

8.7% of all applications, or 10.9% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Michigan Mutual originated in Ohio in 2025 was 7.25%, against a statewide median of 6.88%.

About this data. Figures are Michigan Mutual'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