Lake County, Ohio · 2025

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

312 lenders acted on 10,372 mortgage applications for properties in Lake County in 2025. 17.1% were denied (Ohio: 17.7%). Median rate on closed loans 6.88%; median loan $155,000; median property value $265,000.

10kApplications
17.1%Denial ratestate 17.7%
6.88%Median ratestate 6.88%
$155,000Median loan
$265,000Median property value

Largest lenders in Lake County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 The Huntington National Bank D 1,348800 23.4%7.64%
2 Crosscountry Mortgage B 881680 2.4%6.75%
3 Third Federal Savings and Loan Association of Cleveland C 703484 18.2%6.74%
4 Rocket Mortgage C 656480 16.0%6.75%
5 Citizens Bank C 532340 23.3%7.65%
6 Fifth Third Bank D 382219 22.5%7.25%
7 PNC Bank D 309193 19.7%7.44%
8 United Shore Financial Services B 267191 14.6%6.29%
9 Cardinal Credit Union F 22779 14.5%7.40%
10 JPMorgan Chase Bank B 196131 6.6%6.63%
11 Dollar Bank, Federal Savings Bank C 186125 22.6%6.75%
12 U.S. Bank D 16271 42.6%7.85%
13 Mortgage Research Center C 15676 23.1%6.50%
14 Synergy One Lending C 14399 5.6%6.63%
15 Union Home Mortgage B 141115 5.0%6.88%
16 Freedom Mortgage B 13656 10.3%6.25%
17 Coastal Community Bank C 13438 0.0%10.99%
18 First National Bank of Pennsylvania B 13397 21.1%6.49%
19 NVR Mortgage Finance B 12997 17.8%6.13%
20 Howard Hanna Financial Services A 127111 1.6%6.54%
21 Pennymac Loan Services C 11363 11.5%6.38%
22 KeyBank C 11163 27.0%6.63%
23 First Federal Savings and Loan Association of Lakewood B 10973 8.3%6.58%
24 Guaranteed Rate B 10768 2.8%6.55%
25 Navy Federal Credit Union D 9751 25.8%6.50%

Best approval odds in Lake County

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

What Lake County borrowers applied for

By loan purpose

Home purchase 3,967 38% · 6.6% denied
Refinance 1,755 17% · 16.2% denied
Cash-out refinance 1,689 16% · 21.2% denied
Home improvement 1,397 13% · 28.9% denied
Other / HELOC 1,564 15% · 30.1% denied

By loan type

Conventional 8,274 80% · 17.5% denied
FHA 1,411 14% · 15.8% denied
VA 669 6% · 15.7% denied
USDA / RHS 18 0% · 16.7% denied

Why applications were denied

Debt-to-income ratio 571 32%
Credit history 560 32%
Incomplete application 235 13%
Collateral 232 13%
Other 93 5%
Unverifiable information 37 2%
Insufficient cash 29 2%
Employment history 11 1%

Lake County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20238,3395,13519.7%7.13%$135,000
20249,0405,54618.6%7.12%$145,000
202510,3726,37917.1%6.88%$155,000

Frequently asked questions

17.1% of applications in Lake County were denied in 2025, against 17.7% statewide in Ohio.

The Huntington National Bank, with 1,348 applications in 2025 and a denial rate of 23.4%.

The median mortgage application in Lake County in 2025 was for $155,000; the median property value on originated loans was $265,000.