Planet Home Lending · Ohio · 2025

Planet Home Lending in Ohio: approval rate, denial rate and rates (2025)

Planet Home Lending took 545 mortgage applications in Ohio in 2025, ranking #125 of 1,092 lenders active in the state. It originated 76.5% of them and denied 19.1% (19.9% of the applications it decided), against a statewide denial rate of 17.7%.

545Applicationsin OH
19.9%Decision denial ratestate 21.9%
6.13%Median ratestate 6.88%
$225,000Median loanstate $155,000
$104MVolume72 counties

Planet Home Lending in Ohio vs the state

19.1%Denial rate+1.39 pts vs state
19.9%Decision denial rate-2.04 pts vs state
76.5%Origination rate+16.61 pts vs state
6.13%Median rate-0.75 pts vs state
0.08Rate spread (pts)-0.30 pts vs state
$92kMedian applicant income
417Loans originated
104Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
202323717120.7%6.50%#195
202439627927.5%6.25%#142
202554541719.1%6.13%#125

What Planet Home Lending lends in Ohio

By loan purpose

Home purchase 172 32% · 20.4% denied
Refinance 266 49% · 11.3% denied
Cash-out refinance 74 14% · 41.9% denied
Home improvement 8 1% · 25.0% denied
Other / HELOC 25 5% · 24.0% denied

By loan type

Conventional 158 29% · 21.5% denied
FHA 227 42% · 19.8% denied
VA 157 29% · 15.3% denied
USDA / RHS 3 1% · 33.3% denied

Why it denied Ohio applicants

Incomplete application 61 59%
Credit history 14 13%
Other 13 13%
Collateral 8 8%
Debt-to-income ratio 7 7%
Unverifiable information 1 1%

Where in Ohio

Counties with the most Planet Home Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Franklin County 694820 29.0%
Hamilton County 44338 18.2%
Cuyahoga County 34303 8.8%
Butler County 24175 20.8%
Summit County 21191 4.8%
Warren County 20155 25.0%
Lorain County 19118 42.1%
Montgomery County 17123 17.6%
Delaware County 16151 6.3%
Stark County 16142 12.5%

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: 545 applications in 2025, of which 417 were originated and 104 denied.

19.1% of all applications, or 19.9% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Planet Home Lending originated in Ohio in 2025 was 6.13%, against a statewide median of 6.88%.

About this data. Figures are Planet Home Lending'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