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Franklin County, Ohio · 2025

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

555 lenders acted on 49,594 mortgage applications for properties in Franklin County in 2025. 16.9% were denied (Ohio: 17.7%). Median rate on closed loans 6.75%; median loan $195,000; median property value $345,000.

50kApplications
16.9%Denial ratestate 17.7%
6.75%Median ratestate 6.88%
$195,000Median loan
$345,000Median property value

Largest lenders in Franklin County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 The Huntington National Bank D 4,4932,572 26.5%7.38%
2 Fifth Third Bank D 2,4901,339 26.6%7.50%
3 Rocket Mortgage C 1,9761,415 18.4%6.63%
4 Kemba Financial Credit Union C 1,9001,026 31.8%7.00%
5 United Shore Financial Services B 1,7981,320 11.7%6.42%
6 NFM A 1,7881,360 0.8%6.63%
7 Crosscountry Mortgage B 1,509971 2.7%6.75%
8 JPMorgan Chase Bank B 1,256804 8.0%6.49%
9 PNC Bank D 1,204701 23.6%7.13%
10 Third Federal Savings and Loan Association of Cleveland C 1,168677 26.7%6.99%
11 First Financial Bank D 1,028711 17.8%6.38%
12 Guaranteed Rate B 1,016536 3.2%6.38%
13 Union Savings Bank A 974771 4.9%6.75%
14 U.S. Bank D 971395 43.8%8.10%
15 Wright-Patt Credit Union C 944496 30.9%7.25%
16 Lower C 877548 5.4%6.63%
17 Union Home Mortgage B 828589 3.9%6.75%
18 Pennymac Loan Services C 725442 11.2%6.50%
19 Telhio F 662338 20.7%7.75%
20 Freedom Mortgage B 639274 8.1%6.25%
21 Newrez D 620228 17.3%6.63%
22 Kiavi Funding D 567311 5.3%10.49%
23 The Park National Bank C 551395 12.7%6.63%
24 Coastal Community Bank C 448138 0.9%10.62%
25 Mortgage Research Center C 433190 19.2%6.25%

Best approval odds in Franklin County

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

#LenderDecidedDecision denial rate
1Howard Hanna Financial Services650.0%
2Mm Lending960.0%
3Rf Renovo Management Company1340.0%
4Go Mortgage1660.6%
5Rapid Mortgage1660.6%
6The Equitable Mortgage2790.7%
7M/i Financial2220.9%
8NFM1,3831.0%
9Coastal Community Bank3371.2%
10First Ohio Home Finance1231.6%

What Franklin County borrowers applied for

By loan purpose

Home purchase 20,422 41% · 6.7% denied
Refinance 8,958 18% · 16.4% denied
Cash-out refinance 7,941 16% · 21.0% denied
Home improvement 6,096 12% · 32.2% denied
Other / HELOC 6,177 12% · 30.8% denied

By loan type

Conventional 40,832 82% · 17.2% denied
FHA 6,245 13% · 16.8% denied
VA 2,511 5% · 12.4% denied
USDA / RHS 6 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 2,805 34%
Credit history 2,195 26%
Incomplete application 1,286 15%
Collateral 1,096 13%
Other 514 6%
Unverifiable information 218 3%
Insufficient cash 158 2%
Employment history 83 1%
Mortgage insurance denied 2 0%

Franklin County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202342,87725,37718.9%7.13%$175,000
202446,47127,51818.8%7.00%$185,000
202549,59429,51416.9%6.75%$195,000

Frequently asked questions

16.9% of applications in Franklin County were denied in 2025, against 17.7% statewide in Ohio.

The Huntington National Bank, with 4,493 applications in 2025 and a denial rate of 26.5%.

The median mortgage application in Franklin County in 2025 was for $195,000; the median property value on originated loans was $345,000.