Velocity Commercial Capital · Ohio · 2025

Velocity Commercial Capital in Ohio: approval rate, denial rate and rates (2025)

Velocity Commercial Capital took 463 mortgage applications in Ohio in 2025, ranking #149 of 1,092 lenders active in the state. It originated 59.8% of them and denied 0.7% (1.0% of the applications it decided), against a statewide denial rate of 17.7%.

463Applicationsin OH
1.0%Decision denial ratestate 21.9%
10.12%Median ratestate 6.88%
$115,000Median loanstate $155,000
$52MVolume36 counties

Velocity Commercial Capital in Ohio vs the state

0.7%Denial rate-17.04 pts vs state
1.0%Decision denial rate-20.85 pts vs state
59.8%Origination rate-0.07 pts vs state
10.12%Median rate+3.24 pts vs state
Rate spread (pts)
Median applicant income
277Loans originated
3Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232371081.3%10.99%#194
20243192040.9%10.87%#164
20254632770.7%10.12%#149

What Velocity Commercial Capital lends in Ohio

By loan purpose

Home purchase 107 23% · 1.9% denied
Refinance 31 7% · 0.0% denied
Cash-out refinance 325 70% · 0.3% denied

By loan type

Conventional 463 100% · 0.7% denied

Why it denied Ohio applicants

Collateral 2 67%
Other 1 33%

Where in Ohio

Counties with the most Velocity Commercial Capital applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cuyahoga County 1921120 0.0%
Summit County 43280 0.0%
Hamilton County 36231 2.8%
Franklin County 28160 0.0%
Lucas County 26161 3.8%
Montgomery County 25170 0.0%
Mahoning County 20121 5.0%
Stark County 1450 0.0%
Lorain County 1170 0.0%
Trumbull County 770 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: 463 applications in 2025, of which 277 were originated and 3 denied.

0.7% of all applications, or 1.0% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

The median rate on loans Velocity Commercial Capital originated in Ohio in 2025 was 10.12%, against a statewide median of 6.88%.

About this data. Figures are Velocity Commercial Capital'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