The Loan Store · Ohio · 2025

The Loan Store in Ohio: approval rate, denial rate and rates (2025)

The Loan Store took 842 mortgage applications in Ohio in 2025, ranking #99 of 1,092 lenders active in the state. It originated 69.6% of them and denied 8.2% (9.3% of the applications it decided), against a statewide denial rate of 17.7%.

842Applicationsin OH
9.3%Decision denial ratestate 21.9%
6.88%Median ratestate 6.88%
$195,000Median loanstate $155,000
$136MVolume72 counties

The Loan Store in Ohio vs the state

8.2%Denial rate-9.50 pts vs state
9.3%Decision denial rate-12.63 pts vs state
69.6%Origination rate+9.70 pts vs state
6.88%Median rate0.00 pts vs state
0.49Rate spread (pts)+0.10 pts vs state
$123kMedian applicant income
586Loans originated
69Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231921328.9%6.88%#227
20244462929.2%6.81%#129
20258425868.2%6.88%#99

What The Loan Store lends in Ohio

By loan purpose

Home purchase 527 63% · 4.9% denied
Refinance 42 5% · 4.8% denied
Cash-out refinance 99 12% · 5.1% denied
Home improvement 50 6% · 24.0% denied
Other / HELOC 124 15% · 19.4% denied

By loan type

Conventional 768 91% · 8.3% denied
FHA 53 6% · 5.7% denied
VA 16 2% · 0.0% denied
USDA / RHS 5 1% · 40.0% denied

Why it denied Ohio applicants

Debt-to-income ratio 34 49%
Collateral 13 19%
Incomplete application 8 12%
Other 7 10%
Credit history 6 9%
Insufficient cash 1 1%

Where in Ohio

Counties with the most The Loan Store applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hamilton County 125996 4.8%
Franklin County 116809 7.8%
Cuyahoga County 87648 9.2%
Montgomery County 52357 13.5%
Lucas County 45332 4.4%
Summit County 35246 17.1%
Butler County 26201 3.8%
Fairfield County 25211 4.0%
Stark County 25184 16.0%
Delaware County 20150 0.0%

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: 842 applications in 2025, of which 586 were originated and 69 denied.

8.2% of all applications, or 9.3% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

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

About this data. Figures are The Loan Store'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