Summit Funding · Ohio · 2025

Summit Funding in Ohio: approval rate, denial rate and rates (2025)

Summit Funding took 9 mortgage applications in Ohio in 2025, ranking #636 of 1,092 lenders active in the state. It originated 22.2% of them and denied 11.1% (33.3% of the applications it decided), against a statewide denial rate of 17.7%.

9Applicationsin OH
33.3%Decision denial ratestate 21.9%
7.69%Median ratestate 6.88%
$175,000Median loanstate $155,000
$460kVolume7 counties

Summit Funding in Ohio vs the state

11.1%Denial rate-6.58 pts vs state
33.3%Decision denial rate+11.44 pts vs state
22.2%Origination rate-37.68 pts vs state
7.69%Median rate+0.81 pts vs state
1.56Rate spread (pts)+1.17 pts vs state
$179kMedian applicant income
2Loans originated
1Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
202328016511.1%7.13%#171
202431209.7%7.38%#462
20259211.1%7.69%#636

What Summit Funding lends in Ohio

By loan purpose

Home purchase 6 67% · 0.0% denied
Refinance 2 22% · 0.0% denied
Cash-out refinance 1 11% · 100.0% denied

By loan type

Conventional 7 78% · 0.0% denied
FHA 2 22% · 50.0% denied

Why it denied Ohio applicants

Collateral 1 100%

Where in Ohio

Counties with the most Summit Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cuyahoga County 310 0.0%
Butler County 100 0.0%
Erie County 100 0.0%
Ashland County 110 0.0%
Scioto County 101 100.0%
Richland County 100 0.0%
Trumbull County 100 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: 9 applications in 2025, of which 2 were originated and 1 denied.

11.1% of all applications, or 33.3% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Summit Funding originated in Ohio in 2025 was 7.69%, against a statewide median of 6.88%.

About this data. Figures are Summit Funding'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