Waterstone Mortgage · Ohio · 2025

Waterstone Mortgage in Ohio: approval rate, denial rate and rates (2025)

Waterstone Mortgage took 55 mortgage applications in Ohio in 2025, ranking #396 of 1,092 lenders active in the state. It originated 67.3% of them and denied 7.3% (9.5% of the applications it decided), against a statewide denial rate of 17.7%.

55Applicationsin OH
9.5%Decision denial ratestate 21.9%
6.88%Median ratestate 6.88%
$165,000Median loanstate $155,000
$7.2MVolume18 counties

Waterstone Mortgage in Ohio vs the state

7.3%Denial rate-10.42 pts vs state
9.5%Decision denial rate-12.37 pts vs state
67.3%Origination rate+7.37 pts vs state
6.88%Median rate0.00 pts vs state
0.75Rate spread (pts)+0.36 pts vs state
$72kMedian applicant income
37Loans originated
4Denied

Trend in Ohio

YearApplicationsOriginatedDenial rateMedian rateRank in state
202360465.0%7.13%#370
202475436.7%7.13%#349
202555377.3%6.88%#396

What Waterstone Mortgage lends in Ohio

By loan purpose

Home purchase 40 73% · 2.5% denied
Refinance 11 20% · 18.2% denied
Cash-out refinance 4 7% · 25.0% denied

By loan type

Conventional 31 56% · 0.0% denied
FHA 17 31% · 23.5% denied
VA 4 7% · 0.0% denied
USDA / RHS 3 5% · 0.0% denied

Why it denied Ohio applicants

Credit history 2 50%
Collateral 1 25%
Debt-to-income ratio 1 25%

Where in Ohio

Counties with the most Waterstone Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 26181 3.8%
Belmont County 430 0.0%
Trumbull County 311 33.3%
Hamilton County 320 0.0%
Cuyahoga County 320 0.0%
Columbiana County 211 50.0%
Harrison County 210 0.0%
Franklin County 220 0.0%
Fulton County 101 100.0%
Washington 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: 55 applications in 2025, of which 37 were originated and 4 denied.

7.3% of all applications, or 9.5% of the applications it actually decided on. The Ohio statewide average across all lenders was 17.7%.

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

About this data. Figures are Waterstone Mortgage'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