NexBank · Ohio · 2025

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

NexBank took 66 mortgage applications in Ohio in 2025, ranking #371 of 1,092 lenders active in the state. It originated 69.7% of them and denied 10.6% (13.0% of the applications it decided), against a statewide denial rate of 17.7%.

66Applicationsin OH
13.0%Decision denial ratestate 21.9%
6.63%Median ratestate 6.88%
$265,000Median loanstate $155,000
$13MVolume19 counties

NexBank in Ohio vs the state

10.6%Denial rate-7.08 pts vs state
13.0%Decision denial rate-8.93 pts vs state
69.7%Origination rate+9.80 pts vs state
6.63%Median rate-0.25 pts vs state
0.25Rate spread (pts)-0.14 pts vs state
$111kMedian applicant income
46Loans originated
7Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023473012.8%7.00%#403
202491748.8%6.88%#319
2025664610.6%6.63%#371

What NexBank lends in Ohio

By loan purpose

Home purchase 46 70% · 6.5% denied
Refinance 9 14% · 11.1% denied
Cash-out refinance 8 12% · 37.5% denied
Other / HELOC 3 5% · 0.0% denied

By loan type

Conventional 64 97% · 10.9% denied
FHA 2 3% · 0.0% denied

Why it denied Ohio applicants

Collateral 4 57%
Other 2 29%
Debt-to-income ratio 1 14%

Where in Ohio

Counties with the most NexBank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cuyahoga County 1480 0.0%
Hamilton County 1072 20.0%
Franklin County 971 11.1%
Lorain County 421 25.0%
Warren County 431 25.0%
Lucas County 321 33.3%
Clermont County 310 0.0%
Butler County 220 0.0%
Delaware County 220 0.0%
Montgomery County 220 0.0%

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: 66 applications in 2025, of which 46 were originated and 7 denied.

10.6% of all applications, or 13.0% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans NexBank originated in Ohio in 2025 was 6.63%, against a statewide median of 6.88%.

About this data. Figures are NexBank'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