Navy Federal Credit Union · Ohio · 2025

Navy Federal Credit Union in Ohio: approval rate, denial rate and rates (2025)

Navy Federal Credit Union took 3,865 mortgage applications in Ohio in 2025, ranking #28 of 1,092 lenders active in the state. It originated 47.4% of them and denied 19.6% (28.9% of the applications it decided), against a statewide denial rate of 17.7%.

3.9kApplicationsin OH
28.9%Decision denial ratestate 21.9%
7.00%Median ratestate 6.88%
$145,000Median loanstate $155,000
$351MVolume87 counties

Navy Federal Credit Union in Ohio vs the state

19.6%Denial rate+1.92 pts vs state
28.9%Decision denial rate+7.03 pts vs state
47.4%Origination rate-12.55 pts vs state
7.00%Median rate+0.13 pts vs state
0.34Rate spread (pts)-0.05 pts vs state
$106kMedian applicant income
1,830Loans originated
758Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,1701,37727.5%7.25%#27
20243,5631,64422.5%7.25%#25
20253,8651,83019.6%7.00%#28

What Navy Federal Credit Union lends in Ohio

By loan purpose

Home purchase 1,483 38% · 8.3% denied
Refinance 258 7% · 12.0% denied
Cash-out refinance 442 11% · 17.2% denied
Home improvement 856 22% · 28.5% denied
Other / HELOC 826 21% · 34.4% denied

By loan type

Conventional 2,848 74% · 23.5% denied
VA 1,017 26% · 8.8% denied

Why it denied Ohio applicants

Debt-to-income ratio 248 33%
Credit history 178 23%
Other 175 23%
Collateral 82 11%
Incomplete application 31 4%
Unverifiable information 25 3%
Employment history 14 2%
Insufficient cash 5 1%

Where in Ohio

Counties with the most Navy Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cuyahoga County 602236163 27.1%
Franklin County 36018064 17.8%
Montgomery County 24313838 15.6%
Hamilton County 1939039 20.2%
Summit County 1918143 22.5%
Lucas County 1415829 20.6%
Lorain County 1286921 16.4%
Warren County 1145312 10.5%
Stark County 1034721 20.4%
Lake County 975125 25.8%

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: 3,865 applications in 2025, of which 1,830 were originated and 758 denied.

19.6% of all applications, or 28.9% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Navy Federal Credit Union originated in Ohio in 2025 was 7.00%, against a statewide median of 6.88%.

About this data. Figures are Navy Federal Credit Union'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