Telhio · Ohio · 2025

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

Telhio took 1,286 mortgage applications in Ohio in 2025, ranking #70 of 1,092 lenders active in the state. It originated 55.4% of them and denied 19.1% (23.7% of the applications it decided), against a statewide denial rate of 17.7%.

1.3kApplicationsin OH
23.7%Decision denial ratestate 21.9%
7.95%Median ratestate 6.88%
$95,000Median loanstate $155,000
$110MVolume50 counties

Telhio in Ohio vs the state

19.1%Denial rate+1.36 pts vs state
23.7%Decision denial rate+1.78 pts vs state
55.4%Origination rate-4.53 pts vs state
7.95%Median rate+1.08 pts vs state
0.93Rate spread (pts)+0.54 pts vs state
$105kMedian applicant income
712Loans originated
245Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,24477818.2%8.50%#61
20241,17169217.8%8.75%#73
20251,28671219.1%7.95%#70

What Telhio lends in Ohio

By loan purpose

Home purchase 206 16% · 1.5% denied
Refinance 52 4% · 11.5% denied
Cash-out refinance 269 21% · 17.1% denied
Home improvement 322 25% · 20.5% denied
Other / HELOC 437 34% · 28.4% denied

By loan type

Conventional 1,286 100% · 19.1% denied

Why it denied Ohio applicants

Debt-to-income ratio 105 43%
Credit history 51 21%
Collateral 43 18%
Incomplete application 41 17%
Employment history 2 1%
Insufficient cash 2 1%
Unverifiable information 1 0%

Where in Ohio

Counties with the most Telhio applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Franklin County 662338137 20.7%
Butler County 19111931 16.2%
Delaware County 753915 20.0%
Licking County 724711 15.3%
Fairfield County 623014 22.6%
Pickaway County 46315 10.9%
Hamilton County 29214 13.8%
Union County 1696 37.5%
Morrow County 1494 28.6%
Madison County 1254 33.3%

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: 1,286 applications in 2025, of which 712 were originated and 245 denied.

19.1% of all applications, or 23.7% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Telhio originated in Ohio in 2025 was 7.95%, against a statewide median of 6.88%.

About this data. Figures are Telhio'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