Mercer County, Ohio · 2025

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

115 lenders acted on 743 mortgage applications for properties in Mercer County in 2025. 18.7% were denied (Ohio: 17.7%). Median rate on closed loans 6.63%; median loan $145,000; median property value $255,000.

743Applications
18.7%Denial ratestate 17.7%
6.63%Median ratestate 6.88%
$145,000Median loan
$255,000Median property value

Largest lenders in Mercer County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Superior Credit Union D 139114 6.5%6.50%
2 First Financial Bank D 10065 27.0%5.99%
3 Rocket Mortgage C 3927 25.6%6.63%
4 The Park National Bank C 2216 22.7%7.38%
5 Newrez D 2010 20.0%6.75%
6 Coastal Community Bank C 182 0.0%13.12%
7 Mortgage Research Center C 176 23.5%6.44%
8 Three Rivers Federal Credit Union C 1612 18.8%7.50%
9 United Shore Financial Services B 1612 6.3%6.19%
10 U.S. Bank D 1511 13.3%6.99%
11 The Citizens National Bank of Bluffton C 159 13.3%7.13%
12 JPMorgan Chase Bank B 149 0.0%6.88%
13 First Bank of Berne B 1413 7.1%
14 Fifth Third Bank D 126 25.0%6.50%
15 Freedom Mortgage B 104 30.0%6.44%
16 Discover Bank F 91 55.6%11.23%
17 AmeriSave Mortgage D 93 66.7%6.75%
18 HONDA Federal Credit Union F 94 22.2%7.63%
19 Triad Financial Services D 91 66.7%11.08%
20 Minster Bank A 86 25.0%6.00%
21 Loandepot.Com D 86 25.0%6.37%
22 The Huntington National Bank D 86 12.5%7.33%
23 21st Mortgage F 71 57.1%10.36%
24 Crosscountry Mortgage B 74 0.0%6.94%
25 New Day Financial F 71 71.4%5.99%

Best approval odds in Mercer County

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

#LenderDecidedDecision denial rate
1Superior Credit Union1247.3%
2First Financial Bank9329.0%

What Mercer County borrowers applied for

By loan purpose

Home purchase 265 36% · 10.6% denied
Refinance 99 13% · 12.1% denied
Cash-out refinance 173 23% · 28.3% denied
Home improvement 108 15% · 20.4% denied
Other / HELOC 98 13% · 28.6% denied

By loan type

Conventional 589 79% · 18.3% denied
FHA 90 12% · 23.3% denied
VA 60 8% · 16.7% denied
USDA / RHS 4 1% · 0.0% denied

Why applications were denied

Credit history 39 28%
Debt-to-income ratio 32 23%
Incomplete application 28 20%
Collateral 23 17%
Other 9 7%
Insufficient cash 4 3%
Unverifiable information 2 1%
Mortgage insurance denied 1 1%

Mercer County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202363639819.3%6.99%$135,000
202462640818.2%6.99%$135,000
202574345518.7%6.63%$145,000

Frequently asked questions

18.7% of applications in Mercer County were denied in 2025, against 17.7% statewide in Ohio.

Superior Credit Union, with 139 applications in 2025 and a denial rate of 6.5%.

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