Morgan County, Ohio · 2025

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

92 lenders acted on 375 mortgage applications for properties in Morgan County in 2025. 13.6% were denied (Ohio: 17.7%). Median rate on closed loans 7.00%; median loan $135,000; median property value $235,000.

375Applications
13.6%Denial ratestate 17.7%
7.00%Median ratestate 6.88%
$135,000Median loan
$235,000Median property value

Largest lenders in Morgan County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Peoples Bank C 6450 10.9%7.50%
2 The First National Bank of McConnelsville 2826 0.0%
3 Rocket Mortgage C 1912 31.6%6.50%
4 North Valley Bank C 1511 6.7%
5 Vanderbilt Mortgage and Finance F 131 23.1%8.75%
6 The Huntington National Bank D 124 25.0%6.81%
7 The Waterford Commercial and Savings Bank 108 10.0%
8 Mortgage Research Center C 104 40.0%6.63%
9 United Shore Financial Services B 86 25.0%6.68%
10 Broker Solutions D 86 0.0%6.56%
11 Pennymac Loan Services C 62 0.0%6.94%
12 PNC Bank D 64 16.7%7.35%
13 NFM A 62 0.0%6.75%
14 Freedom Mortgage B 62 33.3%6.19%
15 The Park National Bank C 66 0.0%7.44%
16 Click n' Close C 62 0.0%6.56%
17 Southwest Stage Funding F 62 16.7%6.98%
18 Coastal Community Bank C 62 0.0%14.24%
19 Crosscountry Mortgage B 53 0.0%6.08%
20 Newrez D 52 20.0%6.31%
21 Figure Lending C 52 0.0%9.85%

Best approval odds in Morgan County

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

#LenderDecidedDecision denial rate
1Peoples Bank5812.1%

What Morgan County borrowers applied for

By loan purpose

Home purchase 165 44% · 7.9% denied
Refinance 47 13% · 12.8% denied
Cash-out refinance 87 23% · 21.8% denied
Home improvement 36 10% · 22.2% denied
Other / HELOC 40 11% · 12.5% denied

By loan type

Conventional 269 72% · 13.8% denied
FHA 60 16% · 11.7% denied
VA 41 11% · 17.1% denied
USDA / RHS 5 1% · 0.0% denied

Why applications were denied

Collateral 15 31%
Credit history 14 29%
Debt-to-income ratio 10 20%
Incomplete application 5 10%
Other 3 6%
Unverifiable information 2 4%

Morgan County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202336424013.2%7.13%$125,000
202434720118.2%7.13%$135,000
202537522913.6%7.00%$135,000

Frequently asked questions

13.6% of applications in Morgan County were denied in 2025, against 17.7% statewide in Ohio.

Peoples Bank, with 64 applications in 2025 and a denial rate of 10.9%.

The median mortgage application in Morgan County in 2025 was for $135,000; the median property value on originated loans was $235,000.