Newrez · Ohio · 2025

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

Newrez took 5,795 mortgage applications in Ohio in 2025, ranking #15 of 1,092 lenders active in the state. It originated 39.0% of them and denied 19.0% (32.5% of the applications it decided), against a statewide denial rate of 17.7%.

5.8kApplicationsin OH
32.5%Decision denial ratestate 21.9%
6.75%Median ratestate 6.88%
$175,000Median loanstate $155,000
$495MVolume87 counties

Newrez in Ohio vs the state

19.0%Denial rate+1.31 pts vs state
32.5%Decision denial rate+10.61 pts vs state
39.0%Origination rate-20.94 pts vs state
6.75%Median rate-0.13 pts vs state
0.52Rate spread (pts)+0.13 pts vs state
$83kMedian applicant income
2,258Loans originated
1,101Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,3011,44118.0%6.88%#25
20244,6441,97118.2%6.75%#17
20255,7952,25819.0%6.75%#15

What Newrez lends in Ohio

By loan purpose

Home purchase 1,367 24% · 7.4% denied
Refinance 1,386 24% · 14.4% denied
Cash-out refinance 3,037 52% · 26.3% denied
Home improvement 1 0% · 0.0% denied
Other / HELOC 4 0% · 0.0% denied

By loan type

Conventional 3,357 58% · 15.9% denied
FHA 1,597 28% · 29.7% denied
VA 765 13% · 11.4% denied
USDA / RHS 76 1% · 9.2% denied

Why it denied Ohio applicants

Debt-to-income ratio 651 59%
Credit history 222 20%
Collateral 79 7%
Unverifiable information 50 5%
Insufficient cash 45 4%
Other 38 3%
Employment history 14 1%
Mortgage insurance denied 2 0%

Where in Ohio

Counties with the most Newrez applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Franklin County 620228107 17.3%
Cuyahoga County 455118118 25.9%
Hamilton County 41717271 17.0%
Montgomery County 31310655 17.6%
Lucas County 26315030 11.4%
Butler County 2428350 20.7%
Stark County 2088543 20.7%
Warren County 1996934 17.1%
Summit County 1855648 25.9%
Darke County 17813013 7.3%

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: 5,795 applications in 2025, of which 2,258 were originated and 1,101 denied.

19.0% of all applications, or 32.5% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Newrez originated in Ohio in 2025 was 6.75%, against a statewide median of 6.88%.

About this data. Figures are Newrez'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