Peoples Bank · Ohio · 2025

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

Peoples Bank took 1,751 mortgage applications in Ohio in 2025, ranking #55 of 1,092 lenders active in the state. It originated 71.1% of them and denied 17.5% (19.0% of the applications it decided), against a statewide denial rate of 17.7%.

1.8kApplicationsin OH
19.0%Decision denial ratestate 21.9%
7.24%Median ratestate 6.88%
$95,000Median loanstate $155,000
$166MVolume60 counties

Peoples Bank in Ohio vs the state

17.5%Denial rate-0.16 pts vs state
19.0%Decision denial rate-2.90 pts vs state
71.1%Origination rate+11.15 pts vs state
7.24%Median rate+0.37 pts vs state
0.30Rate spread (pts)-0.09 pts vs state
$79kMedian applicant income
1,244Loans originated
307Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,7291,14524.6%7.50%#48
20241,5271,06319.7%8.50%#55
20251,7511,24417.5%7.24%#55

What Peoples Bank lends in Ohio

By loan purpose

Home purchase 537 31% · 10.1% denied
Refinance 64 4% · 12.5% denied
Cash-out refinance 414 24% · 12.3% denied
Home improvement 536 31% · 26.5% denied
Other / HELOC 200 11% · 26.0% denied

By loan type

Conventional 1,673 96% · 17.5% denied
FHA 63 4% · 17.5% denied
VA 2 0% · 50.0% denied
USDA / RHS 13 1% · 23.1% denied

Why it denied Ohio applicants

Debt-to-income ratio 113 37%
Credit history 100 33%
Collateral 45 15%
Incomplete application 31 10%
Other 11 4%
Unverifiable information 3 1%
Insufficient cash 3 1%
Employment history 1 0%

Where in Ohio

Counties with the most Peoples Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Washington County 22516735 15.6%
Scioto County 1118119 17.1%
Guernsey County 1088813 12.0%
Clinton County 947513 13.8%
Brown County 926122 23.9%
Warren County 896216 18.0%
Hamilton County 714611 15.5%
Lawrence County 684215 22.1%
Morgan County 64507 10.9%
Athens County 634512 19.0%

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: 1,751 applications in 2025, of which 1,244 were originated and 307 denied.

17.5% of all applications, or 19.0% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Peoples Bank originated in Ohio in 2025 was 7.24%, against a statewide median of 6.88%.

About this data. Figures are Peoples 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