Northwest Bank · Ohio · 2025

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

Northwest Bank took 343 mortgage applications in Ohio in 2025, ranking #180 of 1,092 lenders active in the state. It originated 65.0% of them and denied 23.0% (25.7% of the applications it decided), against a statewide denial rate of 17.7%.

343Applicationsin OH
25.7%Decision denial ratestate 21.9%
6.00%Median ratestate 6.88%
$105,000Median loanstate $155,000
$31MVolume27 counties

Northwest Bank in Ohio vs the state

23.0%Denial rate+5.34 pts vs state
25.7%Decision denial rate+3.76 pts vs state
65.0%Origination rate+5.11 pts vs state
6.00%Median rate-0.88 pts vs state
-0.52Rate spread (pts)-0.91 pts vs state
$79kMedian applicant income
223Loans originated
79Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
202352933521.2%6.75%#108
202433423219.5%7.25%#157
202534322323.0%6.00%#180

What Northwest Bank lends in Ohio

By loan purpose

Home purchase 48 14% · 14.6% denied
Refinance 11 3% · 45.5% denied
Cash-out refinance 94 27% · 21.3% denied
Home improvement 109 32% · 22.9% denied
Other / HELOC 81 24% · 27.2% denied

By loan type

Conventional 338 99% · 22.2% denied
FHA 4 1% · 100.0% denied
VA 1 0% · 0.0% denied

Why it denied Ohio applicants

Debt-to-income ratio 34 43%
Credit history 23 29%
Collateral 11 14%
Unverifiable information 6 8%
Incomplete application 3 4%
Employment history 1 1%
Other 1 1%

Where in Ohio

Counties with the most Northwest Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lorain County 21313453 24.9%
Cuyahoga County 28178 28.6%
Summit County 21192 9.5%
Erie County 1392 15.4%
Lake County 1255 41.7%
Franklin County 1191 9.1%
Ashtabula County 852 25.0%
Delaware County 751 14.3%
Ottawa County 321 33.3%
Geauga County 321 33.3%

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: 343 applications in 2025, of which 223 were originated and 79 denied.

23.0% of all applications, or 25.7% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Northwest Bank originated in Ohio in 2025 was 6.00%, against a statewide median of 6.88%.

About this data. Figures are Northwest Bank'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