The Farmers National Bank of Canfield · Ohio · 2025

The Farmers National Bank of Canfield in Ohio: approval rate, denial rate and rates (2025)

The Farmers National Bank of Canfield took 1,746 mortgage applications in Ohio in 2025, ranking #56 of 1,092 lenders active in the state. It originated 75.0% of them and denied 14.3% (15.3% of the applications it decided), against a statewide denial rate of 17.7%.

1.7kApplicationsin OH
15.3%Decision denial ratestate 21.9%
6.50%Median ratestate 6.88%
$125,000Median loanstate $155,000
$256MVolume30 counties

The Farmers National Bank of Canfield in Ohio vs the state

14.3%Denial rate-3.43 pts vs state
15.3%Decision denial rate-6.56 pts vs state
75.0%Origination rate+15.07 pts vs state
6.50%Median rate-0.38 pts vs state
-0.07Rate spread (pts)-0.46 pts vs state
$84kMedian applicant income
1,309Loans originated
249Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,5921,11320.0%6.50%#52
20241,6121,14918.6%6.75%#53
20251,7461,30914.3%6.50%#56

What The Farmers National Bank of Canfield lends in Ohio

By loan purpose

Home purchase 629 36% · 1.9% denied
Refinance 382 22% · 15.7% denied
Cash-out refinance 73 4% · 16.4% denied
Home improvement 478 27% · 25.9% denied
Other / HELOC 184 11% · 22.3% denied

By loan type

Conventional 1,685 97% · 14.4% denied
FHA 51 3% · 11.8% denied
VA 10 1% · 0.0% denied

Why it denied Ohio applicants

Debt-to-income ratio 148 59%
Credit history 53 21%
Collateral 32 13%
Other 7 3%
Incomplete application 5 2%
Employment history 3 1%
Unverifiable information 1 0%

Where in Ohio

Counties with the most The Farmers National Bank of Canfield applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mahoning County 42232253 12.6%
Trumbull County 31123034 10.9%
Wayne County 26721137 13.9%
Stark County 20015329 14.5%
Columbiana County 1619841 25.5%
Summit County 86737 8.1%
Cuyahoga County 54425 9.3%
Portage County 51398 15.7%
Geauga County 31226 19.4%
Medina County 29226 20.7%

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: 1,746 applications in 2025, of which 1,309 were originated and 249 denied.

14.3% of all applications, or 15.3% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans The Farmers National Bank of Canfield originated in Ohio in 2025 was 6.50%, against a statewide median of 6.88%.

About this data. Figures are The Farmers National Bank of Canfield'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