Erie County, Ohio · 2025

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

214 lenders acted on 2,606 mortgage applications for properties in Erie County in 2025. 19.1% were denied (Ohio: 17.7%). Median rate on closed loans 6.88%; median loan $145,000; median property value $255,000.

2.6kApplications
19.1%Denial ratestate 17.7%
6.88%Median ratestate 6.88%
$145,000Median loan
$255,000Median property value

Largest lenders in Erie County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Civista Bank B 355279 9.9%7.00%
2 The Huntington National Bank D 192104 25.5%7.74%
3 Rocket Mortgage C 172121 19.8%6.88%
4 Fifth Third Bank D 15174 31.1%7.50%
5 Union Home Mortgage B 139106 4.3%6.75%
6 PNC Bank D 9045 31.1%7.40%
7 KeyBank C 8148 27.2%6.81%
8 U.S. Bank D 6740 28.4%6.75%
9 Crosscountry Mortgage B 6144 6.6%6.69%
10 Your Home Financial C 5630 16.1%6.88%
11 United Shore Financial Services B 5537 21.8%6.13%
12 Triad Financial Services D 424 73.8%7.52%
13 Third Federal Savings and Loan Association of Cleveland C 4221 35.7%6.99%
14 Loandepot.Com D 4029 12.5%6.99%
15 Pennymac Loan Services C 3716 13.5%6.44%
16 Coastal Community Bank C 3411 5.9%9.99%
17 Mortgage Research Center C 3320 15.2%6.50%
18 AmeriSave Mortgage D 317 71.0%7.13%
19 Newrez D 316 22.6%6.69%
20 Freedom Mortgage B 3020 0.0%6.75%
21 Broker Solutions D 284 10.7%6.75%
22 Citizens Bank C 248 50.0%6.64%
23 Vacationland Federal Credit Union 2410 29.2%6.94%
24 First Federal Bank of Ohio B 2319 13.0%
25 Navy Federal Credit Union D 2212 27.3%7.25%

Best approval odds in Erie County

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

#LenderDecidedDecision denial rate
1Union Home Mortgage1135.3%
2Civista Bank32610.7%
3Rocket Mortgage16121.1%
4The Huntington National Bank15831.0%
5U.S. Bank6131.2%
6KeyBank7031.4%
7PNC Bank7537.3%
8Fifth Third Bank12537.6%

What Erie County borrowers applied for

By loan purpose

Home purchase 1,032 40% · 10.0% denied
Refinance 400 15% · 15.8% denied
Cash-out refinance 482 18% · 25.5% denied
Home improvement 335 13% · 30.8% denied
Other / HELOC 357 14% · 29.4% denied

By loan type

Conventional 2,045 78% · 19.5% denied
FHA 402 15% · 18.9% denied
VA 153 6% · 14.4% denied
USDA / RHS 6 0% · 16.7% denied

Why applications were denied

Debt-to-income ratio 152 31%
Credit history 145 30%
Collateral 87 18%
Incomplete application 46 9%
Other 30 6%
Unverifiable information 18 4%
Insufficient cash 7 1%
Employment history 6 1%

Erie County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,1771,28122.2%7.00%$125,000
20242,3651,38820.6%7.00%$135,000
20252,6061,58119.1%6.88%$145,000

Frequently asked questions

19.1% of applications in Erie County were denied in 2025, against 17.7% statewide in Ohio.

Civista Bank, with 355 applications in 2025 and a denial rate of 9.9%.

The median mortgage application in Erie County in 2025 was for $145,000; the median property value on originated loans was $255,000.