Spring Eq in Ohio vs the state
52.2%Denial rate+34.52 pts vs state
63.0%Decision denial rate+41.07 pts vs state
28.5%Origination rate-31.38 pts vs state
9.50%Median rate+2.63 pts vs state
3.54Rate spread (pts)+3.15 pts vs state
$98kMedian applicant income
845Loans originated
1,547Denied
Trend in Ohio
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,336 | 565 | 62.5% | 11.45% | #34 |
| 2024 | 2,797 | 911 | 51.8% | 10.20% | #37 |
| 2025 | 2,963 | 845 | 52.2% | 9.50% | #36 |
What Spring Eq lends in Ohio
By loan purpose
By loan type
Why it denied Ohio applicants
Where in Ohio
Counties with the most Spring Eq applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Franklin County | 327 | 92 | 161 | 49.2% |
| Cuyahoga County | 235 | 69 | 120 | 51.1% |
| Hamilton County | 162 | 48 | 86 | 53.1% |
| Summit County | 152 | 47 | 70 | 46.1% |
| Butler County | 119 | 42 | 59 | 49.6% |
| Lorain County | 111 | 35 | 60 | 54.1% |
| Delaware County | 107 | 33 | 58 | 54.2% |
| Lucas County | 99 | 25 | 58 | 58.6% |
| Stark County | 93 | 23 | 44 | 47.3% |
| Warren County | 87 | 26 | 39 | 44.8% |
Other large lenders in Ohio
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| The Huntington National Bank | D | 42,683 | 25.8% | 7.59% |
| Rocket Mortgage | C | 23,165 | 18.5% | 6.63% |
| Fifth Third Bank | D | 21,939 | 25.6% | 7.50% |
| Crosscountry Mortgage | B | 16,066 | 3.1% | 6.75% |
| United Shore Financial Services | B | 14,626 | 13.1% | 6.45% |
| Third Federal Savings and Loan Association of Cleveland | C | 12,622 | 23.0% | 6.74% |
| PNC Bank | D | 11,607 | 24.6% | 7.40% |
| Wright-Patt Credit Union | C | 8,791 | 28.1% | 7.50% |
| U.S. Bank | D | 8,623 | 38.0% | 7.60% |
| Citizens Bank | C | 7,775 | 24.3% | 7.65% |
Frequently asked questions
Ohio: 2,963 applications in 2025, of which 845 were originated and 1,547 denied.
52.2% of all applications, or 63.0% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.
The median rate on loans Spring Eq originated in Ohio in 2025 was 9.50%, against a statewide median of 6.88%.
About this data. Figures are Spring Eq'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