Ashtabula County, Ohio · 2025

Mortgage lenders in Ashtabula County, OH: denial rates and top lenders (2025)

225 lenders acted on 3,688 mortgage applications for properties in Ashtabula County in 2025. 22.4% were denied (Ohio: 17.7%). Median rate on closed loans 6.99%; median loan $115,000; median property value $215,000.

3.7kApplications
22.4%Denial ratestate 17.7%
6.99%Median ratestate 6.88%
$115,000Median loan
$215,000Median property value

Largest lenders in Ashtabula County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 The Huntington National Bank D 754413 29.8%7.74%
2 Rocket Mortgage C 232155 22.8%6.75%
3 Crosscountry Mortgage B 223162 2.2%6.75%
4 The Andover Bank C 187132 20.9%
5 The Middlefield Banking C 158112 20.3%
6 United Shore Financial Services B 11274 14.3%6.50%
7 Union Home Mortgage B 9675 6.3%6.88%
8 Mortgage Research Center C 8039 21.3%6.25%
9 U.S. Bank D 7339 35.6%7.50%
10 Ixonia Bank C 7256 2.8%6.88%
11 Triad Financial Services D 688 66.2%9.97%
12 KeyBank C 5425 25.9%6.63%
13 Pennymac Loan Services C 5319 17.0%6.00%
14 Freedom Mortgage B 5027 8.0%6.25%
15 21st Mortgage F 474 61.7%10.42%
16 Broker Solutions D 4011 15.0%7.13%
17 Coastal Community Bank C 3812 2.6%12.99%
18 AmeriSave Mortgage D 3710 67.6%7.50%
19 Loandepot.Com D 3619 30.6%6.63%
20 First Commonwealth Bank C 3220 31.3%5.99%
21 Cardinal Credit Union F 3215 9.4%7.85%
22 New Day Financial F 314 16.1%6.99%
23 Farm Credit Mid-America D 3019 16.7%7.13%
24 Navy Federal Credit Union D 2916 13.8%7.38%
25 Fifth Third Bank D 2817 21.4%7.50%

Best approval odds in Ashtabula County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

What Ashtabula County borrowers applied for

By loan purpose

Home purchase 1,361 37% · 15.1% denied
Refinance 516 14% · 22.3% denied
Cash-out refinance 791 21% · 21.6% denied
Home improvement 510 14% · 34.3% denied
Other / HELOC 510 14% · 31.0% denied

By loan type

Conventional 2,725 74% · 24.8% denied
FHA 585 16% · 18.1% denied
VA 306 8% · 11.8% denied
USDA / RHS 72 2% · 11.1% denied

Why applications were denied

Credit history 284 36%
Debt-to-income ratio 201 26%
Collateral 130 17%
Incomplete application 87 11%
Other 46 6%
Insufficient cash 13 2%
Unverifiable information 11 1%
Employment history 9 1%

Ashtabula County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,8611,55323.4%7.25%$105,000
20243,1791,74923.7%7.13%$105,000
20253,6882,09722.4%6.99%$115,000

Frequently asked questions

22.4% of applications in Ashtabula County were denied in 2025, against 17.7% statewide in Ohio.

The Huntington National Bank, with 754 applications in 2025 and a denial rate of 29.8%.

The median mortgage application in Ashtabula County in 2025 was for $115,000; the median property value on originated loans was $215,000.