Mortgage Research Center · Ohio · 2025

Mortgage Research Center in Ohio: approval rate, denial rate and rates (2025)

Mortgage Research Center took 6,947 mortgage applications in Ohio in 2025, ranking #13 of 1,092 lenders active in the state. It originated 47.5% of them and denied 18.3% (27.6% of the applications it decided), against a statewide denial rate of 17.7%.

6.9kApplicationsin OH
27.6%Decision denial ratestate 21.9%
6.25%Median ratestate 6.88%
$235,000Median loanstate $155,000
$861MVolume88 counties

Mortgage Research Center in Ohio vs the state

18.3%Denial rate+0.65 pts vs state
27.6%Decision denial rate+5.67 pts vs state
47.5%Origination rate-12.37 pts vs state
6.25%Median rate-0.63 pts vs state
-0.17Rate spread (pts)-0.55 pts vs state
$84kMedian applicant income
3,302Loans originated
1,274Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234,7172,46615.8%6.75%#14
20246,0533,19815.1%6.63%#13
20256,9473,30218.3%6.25%#13

What Mortgage Research Center lends in Ohio

By loan purpose

Home purchase 4,069 59% · 7.8% denied
Refinance 1,352 19% · 24.8% denied
Cash-out refinance 1,526 22% · 40.8% denied

By loan type

Conventional 638 9% · 29.9% denied
FHA 312 4% · 22.1% denied
VA 5,978 86% · 16.9% denied
USDA / RHS 19 0% · 15.8% denied

Why it denied Ohio applicants

Credit history 733 58%
Other 254 20%
Incomplete application 134 11%
Debt-to-income ratio 80 6%
Collateral 36 3%
Insufficient cash 22 2%
Employment history 15 1%

Where in Ohio

Counties with the most Mortgage Research Center applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 59731384 14.1%
Cuyahoga County 527254109 20.7%
Franklin County 43319083 19.2%
Hamilton County 30614445 14.7%
Stark County 28816744 15.3%
Summit County 26811360 22.4%
Greene County 22510334 15.1%
Lucas County 22110145 20.4%
Butler County 20910729 13.9%
Lorain County 1949631 16.0%

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: 6,947 applications in 2025, of which 3,302 were originated and 1,274 denied.

18.3% of all applications, or 27.6% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Mortgage Research Center originated in Ohio in 2025 was 6.25%, against a statewide median of 6.88%.

About this data. Figures are Mortgage Research Center'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