U.S. Bank · Ohio · 2025

U.S. Bank in Ohio: approval rate, denial rate and rates (2025)

U.S. Bank took 8,623 mortgage applications in Ohio in 2025, ranking #9 of 1,092 lenders active in the state. It originated 46.0% of them and denied 38.0% (44.3% of the applications it decided), against a statewide denial rate of 17.7%.

8.6kApplicationsin OH
44.3%Decision denial ratestate 21.9%
7.60%Median ratestate 6.88%
$85,000Median loanstate $155,000
$750MVolume87 counties

U.S. Bank in Ohio vs the state

38.0%Denial rate+20.26 pts vs state
44.3%Decision denial rate+22.45 pts vs state
46.0%Origination rate-13.92 pts vs state
7.60%Median rate+0.72 pts vs state
0.95Rate spread (pts)+0.56 pts vs state
$87kMedian applicant income
3,965Loans originated
3,272Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20238,3403,70043.1%8.05%#7
20248,3893,72140.0%8.13%#8
20258,6233,96538.0%7.60%#9

What U.S. Bank lends in Ohio

By loan purpose

Home purchase 2,168 25% · 13.5% denied
Refinance 417 5% · 15.8% denied
Cash-out refinance 1,063 12% · 21.7% denied
Home improvement 2,406 28% · 51.1% denied
Other / HELOC 2,569 30% · 56.6% denied

By loan type

Conventional 8,256 96% · 38.8% denied
FHA 262 3% · 23.3% denied
VA 67 1% · 10.5% denied
USDA / RHS 38 0% · 13.2% denied

Why it denied Ohio applicants

Debt-to-income ratio 1,284 39%
Credit history 987 30%
Collateral 766 23%
Other 129 4%
Unverifiable information 66 2%
Incomplete application 21 1%
Insufficient cash 11 0%
Employment history 7 0%
Mortgage insurance denied 1 0%

Where in Ohio

Counties with the most U.S. Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Hamilton County 1,140527416 36.5%
Franklin County 971395425 43.8%
Cuyahoga County 873319406 46.5%
Butler County 564269191 33.9%
Montgomery County 452194174 38.5%
Summit County 343162140 40.8%
Warren County 28616370 24.5%
Clermont County 25412685 33.5%
Lorain County 1849273 39.7%
Miami County 1848861 33.2%

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%
Citizens BankC 7,77524.3%7.65%
Union Home MortgageB 7,1144.6%6.75%

Frequently asked questions

Ohio: 8,623 applications in 2025, of which 3,965 were originated and 3,272 denied.

38.0% of all applications, or 44.3% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans U.S. Bank originated in Ohio in 2025 was 7.60%, against a statewide median of 6.88%.

About this data. Figures are U.S. 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