Madison County, Ohio · 2025

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

191 lenders acted on 2,102 mortgage applications for properties in Madison County in 2025. 16.3% were denied (Ohio: 17.7%). Median rate on closed loans 6.63%; median loan $205,000; median property value $355,000.

2.1kApplications
16.3%Denial ratestate 17.7%
6.63%Median ratestate 6.88%
$205,000Median loan
$355,000Median property value

Largest lenders in Madison County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 The Huntington National Bank D 201119 26.9%7.74%
2 Dhi Mortgage Company B 145105 6.2%4.75%
3 Vanderbilt Mortgage and Finance F 12776 3.2%5.75%
4 Rocket Mortgage C 7450 24.3%6.50%
5 Crosscountry Mortgage B 7051 1.4%6.63%
6 Fifth Third Bank D 6435 28.1%7.63%
7 21st Mortgage F 6319 39.7%9.59%
8 NFM A 5743 1.8%6.63%
9 PNC Bank D 5533 25.5%7.75%
10 United Shore Financial Services B 5543 9.1%6.13%
11 Kemba Financial Credit Union C 5335 20.8%7.25%
12 Union Home Mortgage B 4736 4.3%6.69%
13 Wright-Patt Credit Union C 4418 40.9%7.50%
14 Guaranteed Rate B 4226 0.0%6.33%
15 Third Federal Savings and Loan Association of Cleveland C 3823 29.0%6.99%
16 Freedom Mortgage B 3718 2.7%6.69%
17 Union Savings Bank A 3425 2.9%6.88%
18 M/i Financial A 3025 0.0%6.38%
19 Pennymac Loan Services C 2918 13.8%6.50%
20 Newrez D 2916 6.9%6.63%
21 Mortgage Research Center C 2817 14.3%6.50%
22 Lower C 2418 12.5%6.75%
23 Coastal Community Bank C 214 4.8%8.87%
24 Figure Lending C 218 33.3%8.63%
25 JPMorgan Chase Bank B 199 5.3%6.88%

Best approval odds in Madison County

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

#LenderDecidedDecision denial rate
1Crosscountry Mortgage521.9%
2Vanderbilt Mortgage and Finance805.0%
3Dhi Mortgage Company1147.9%
4Rocket Mortgage6926.1%
5The Huntington National Bank17830.3%
6Fifth Third Bank5532.7%

What Madison County borrowers applied for

By loan purpose

Home purchase 994 47% · 7.9% denied
Refinance 339 16% · 15.6% denied
Cash-out refinance 293 14% · 23.6% denied
Home improvement 241 11% · 34.0% denied
Other / HELOC 235 11% · 26.0% denied

By loan type

Conventional 1,523 72% · 18.3% denied
FHA 395 19% · 11.9% denied
VA 145 7% · 11.7% denied
USDA / RHS 39 2% · 0.0% denied

Why applications were denied

Credit history 117 34%
Debt-to-income ratio 102 30%
Incomplete application 54 16%
Collateral 40 12%
Other 15 4%
Unverifiable information 8 2%
Insufficient cash 6 2%
Employment history 1 0%

Madison County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,63994418.9%7.13%$155,000
20241,9071,13018.7%7.00%$175,000
20252,1021,27616.3%6.63%$205,000

Frequently asked questions

16.3% of applications in Madison County were denied in 2025, against 17.7% statewide in Ohio.

The Huntington National Bank, with 201 applications in 2025 and a denial rate of 26.9%.

The median mortgage application in Madison County in 2025 was for $205,000; the median property value on originated loans was $355,000.