The Andover Bank · Ohio · 2025

The Andover Bank in Ohio: approval rate, denial rate and rates (2025)

The Andover Bank took 257 mortgage applications in Ohio in 2025, ranking #203 of 1,092 lenders active in the state. It originated 71.2% of them and denied 17.1% (19.2% of the applications it decided), against a statewide denial rate of 17.7%.

257Applicationsin OH
19.2%Decision denial ratestate 21.9%
Median ratestate 6.88%
$105,000Median loanstate $155,000
$27MVolume10 counties

The Andover Bank in Ohio vs the state

17.1%Denial rate-0.57 pts vs state
19.2%Decision denial rate-2.68 pts vs state
71.2%Origination rate+11.31 pts vs state
Median rate
Rate spread (pts)
$91kMedian applicant income
183Loans originated
44Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
202325316222.1%#181
202419811920.2%#221
202525718317.1%#203

What The Andover Bank lends in Ohio

By loan purpose

Home purchase 71 28% · 12.7% denied
Refinance 16 6% · 31.3% denied
Cash-out refinance 76 30% · 18.4% denied
Home improvement 65 25% · 15.4% denied
Other / HELOC 29 11% · 20.7% denied

By loan type

Conventional 257 100% · 17.1% denied

Where in Ohio

Counties with the most The Andover Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ashtabula County 18713239 20.9%
Lake County 31193 9.7%
Geauga County 1290 0.0%
Trumbull County 10100 0.0%
Cuyahoga County 641 16.7%
Summit County 550 0.0%
Portage County 330 0.0%
Medina County 100 0.0%
Stark County 110 0.0%
Crawford County 101 100.0%

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: 257 applications in 2025, of which 183 were originated and 44 denied.

17.1% of all applications, or 19.2% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are The Andover Bank'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