Spectra Credit Union · Ohio · 2025

Spectra Credit Union in Ohio: approval rate, denial rate and rates (2025)

Spectra Credit Union took 5 mortgage applications in Ohio in 2025, ranking #701 of 1,092 lenders active in the state. It originated 60.0% of them and denied 20.0% (20.0% of the applications it decided), against a statewide denial rate of 17.7%.

5Applicationsin OH
20.0%Decision denial ratestate 21.9%
9.00%Median ratestate 6.88%
$75,000Median loanstate $155,000
$235kVolume4 counties

Spectra Credit Union in Ohio vs the state

20.0%Denial rate+2.31 pts vs state
20.0%Decision denial rate-1.89 pts vs state
60.0%Origination rate+0.10 pts vs state
9.00%Median rate+2.13 pts vs state
1.72Rate spread (pts)+1.33 pts vs state
$171kMedian applicant income
3Loans originated
1Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023191221.1%9.88%#537
202419135.3%9.50%#523
20255320.0%9.00%#701

What Spectra Credit Union lends in Ohio

By loan purpose

Home purchase 1 20% · 0.0% denied
Home improvement 2 40% · 50.0% denied
Other / HELOC 2 40% · 0.0% denied

By loan type

Conventional 5 100% · 20.0% denied

Why it denied Ohio applicants

Collateral 1 100%

Where in Ohio

Counties with the most Spectra Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Montgomery County 211 50.0%
Butler County 110 0.0%
Hamilton County 100 0.0%
Warren County 110 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: 5 applications in 2025, of which 3 were originated and 1 denied.

20.0% of all applications, or 20.0% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Spectra Credit Union originated in Ohio in 2025 was 9.00%, against a statewide median of 6.88%.

About this data. Figures are Spectra Credit Union'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