T2 Financial · Ohio · 2025

T2 Financial in Ohio: approval rate, denial rate and rates (2025)

T2 Financial took 795 mortgage applications in Ohio in 2025, ranking #101 of 1,092 lenders active in the state. It originated 76.7% of them and denied 5.3% (5.9% of the applications it decided), against a statewide denial rate of 17.7%.

795Applicationsin OH
5.9%Decision denial ratestate 21.9%
6.75%Median ratestate 6.88%
$255,000Median loanstate $155,000
$174MVolume64 counties

T2 Financial in Ohio vs the state

5.3%Denial rate-12.41 pts vs state
5.9%Decision denial rate-15.97 pts vs state
76.7%Origination rate+16.83 pts vs state
6.75%Median rate-0.13 pts vs state
0.48Rate spread (pts)+0.09 pts vs state
$95kMedian applicant income
610Loans originated
42Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,0247597.9%6.88%#68
20247695936.2%6.99%#96
20257956105.3%6.75%#101

What T2 Financial lends in Ohio

By loan purpose

Home purchase 637 80% · 3.9% denied
Refinance 58 7% · 6.9% denied
Cash-out refinance 84 11% · 13.1% denied
Home improvement 3 0% · 0.0% denied
Other / HELOC 13 2% · 15.4% denied

By loan type

Conventional 593 75% · 4.6% denied
FHA 151 19% · 9.9% denied
VA 39 5% · 0.0% denied
USDA / RHS 12 2% · 0.0% denied

Why it denied Ohio applicants

Debt-to-income ratio 12 29%
Collateral 11 26%
Incomplete application 6 14%
Credit history 5 12%
Unverifiable information 3 7%
Other 3 7%
Insufficient cash 2 5%

Where in Ohio

Counties with the most T2 Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Franklin County 29122818 6.2%
Delaware County 50362 4.0%
Fairfield County 45370 0.0%
Hamilton County 42301 2.4%
Licking County 36302 5.6%
Warren County 34281 2.9%
Butler County 31242 6.5%
Montgomery County 30222 6.7%
Cuyahoga County 27163 11.1%
Athens County 21171 4.8%

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: 795 applications in 2025, of which 610 were originated and 42 denied.

5.3% of all applications, or 5.9% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans T2 Financial originated in Ohio in 2025 was 6.75%, against a statewide median of 6.88%.

About this data. Figures are T2 Financial'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