The Sherwood State Bank · Ohio · 2025

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

The Sherwood State Bank took 52 mortgage applications in Ohio in 2025, ranking #403 of 1,092 lenders active in the state. It originated 84.6% of them and denied 3.9% (4.4% of the applications it decided), against a statewide denial rate of 17.7%.

52Applicationsin OH
4.4%Decision denial ratestate 21.9%
Median ratestate 6.88%
$135,000Median loanstate $155,000
$6.9MVolume9 counties

The Sherwood State Bank in Ohio vs the state

3.9%Denial rate-13.84 pts vs state
4.4%Decision denial rate-17.54 pts vs state
84.6%Origination rate+24.72 pts vs state
Median rate
Rate spread (pts)
$81kMedian applicant income
44Loans originated
2Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
202345396.7%#409
2024534313.2%#386
202552443.9%#403

What The Sherwood State Bank lends in Ohio

By loan purpose

Home purchase 45 87% · 4.4% denied
Refinance 6 12% · 0.0% denied
Cash-out refinance 1 2% · 0.0% denied

By loan type

Conventional 52 100% · 3.9% denied

Where in Ohio

Counties with the most The Sherwood State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Defiance County 21161 4.8%
Williams County 1081 10.0%
Fulton County 1090 0.0%
Henry County 330 0.0%
Paulding County 220 0.0%
Putnam County 220 0.0%
Wood County 220 0.0%
Ottawa County 110 0.0%
Mercer County 110 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: 52 applications in 2025, of which 44 were originated and 2 denied.

3.9% of all applications, or 4.4% 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 Sherwood State 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