Mortgage lender · Fremont, OH · LEI 5493004F1BOBD3SG7P54

The Croghan Colonial Bank review: approval odds, rates and grade (2025)

The Croghan Colonial Bank earns a C, in line with the typical performance of small mortgage lenders. It turned down 10.3% of the applications it decided on in 2025, which ranks in the 47th percentile for approval odds. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

233Applications2025
69.5%Originatedof applications
10.3%Decision denial ratenational 22.6%
Median ratenational 6.63%
$47MLoan volume7 states

The Croghan Colonial Bank at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

8.2%Denial rate (all applications)-9.83 pts vs national
10.3%Denial rate (decided applications)-12.32 pts vs national
69.5%Origination rate+11.50 pts vs national
18.9%Withdrawn by applicant
1.7%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$155,000Median loan amount
Median total loan costs
$79kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the C grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

47th10.3% denied

Processwithdrawn + incomplete share, weight 15%

18th20.6%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20232461709.8%12.4%6.38%$36M
20242191548.2%10.2%$36M
20252331628.2%10.3%$47M

What The Croghan Colonial Bank lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 155 67% · 5.8% denied
Refinance 21 9% · 0.0% denied
Cash-out refinance 36 15% · 22.2% denied
Home improvement 8 3% · 12.5% denied
Other / HELOC 13 6% · 7.7% denied

By loan type

Conventional 230 99% · 7.4% denied
FHA 2 1% · 100.0% denied
VA 1 0% · 0.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 10 manufactured homes, 66 investment properties.

Who gets approved at The Croghan Colonial Bank

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k382223.3%
$50k – $100k755511.3%
$100k – $150k34228.3%
$150k – $250k25175.3%
Applicant ageApplicationsOriginatedDecision denial rate
Under 2528199.1%
25–3433257.4%
35–4424160.0%
45–54362320.0%
55–64291917.4%
65–74221115.4%

Where The Croghan Colonial Bank lends

7 states and 24 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Ohio2241598.0%#219

Frequently asked questions

The Croghan Colonial Bank denied 10.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 47th percentile of small mortgage lenders.

In 2025, 67% of its applications were for home purchases, 24% for refinancing (including cash-out), and 9% for home improvement or other purposes. By loan type: 99% conventional, 1% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with The Croghan Colonial Bank. Data sources · Methodology