Putnam County, Ohio · 2025

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

92 lenders acted on 1,099 mortgage applications for properties in Putnam County in 2025. 14.0% were denied (Ohio: 17.7%). Median rate on closed loans 6.63%; median loan $135,000; median property value $255,000.

1.1kApplications
14.0%Denial ratestate 17.7%
6.63%Median ratestate 6.88%
$135,000Median loan
$255,000Median property value

Largest lenders in Putnam County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Superior Credit Union D 314240 10.2%6.50%
2 The Union Bank C 169146 8.3%
3 The Huntington National Bank D 13070 19.2%7.37%
4 Loandepot.Com D 5134 7.8%6.63%
5 WesBanco Bank B 3726 16.2%6.56%
6 Bankers' Bank C 3728 13.5%6.38%
7 Ag Credit Agricultural Credit Association B 3029 3.3%6.80%
8 Rocket Mortgage C 2717 25.9%6.88%
9 The First National Bank of Pandora A 2016 15.0%
10 The State Bank and Trust B 1610 12.5%5.99%
11 Fifth Third Bank D 138 30.8%7.56%
12 PARTNERS 1ST Federal Credit Union C 129 8.3%6.00%
13 Crosscountry Mortgage B 116 0.0%6.88%
14 United Shore Financial Services B 118 9.1%6.35%
15 Coastal Community Bank C 114 0.0%11.62%
16 Guaranteed Rate B 95 0.0%6.50%
17 Union Home Mortgage B 83 25.0%6.63%
18 Carrington Mortgage Services D 83 25.0%6.88%
19 Newrez D 83 25.0%6.99%
20 Mortgage Research Center C 85 25.0%6.25%
21 Figure Lending C 85 12.5%9.05%
22 AmeriSave Mortgage D 71 85.7%8.00%
23 21st Mortgage F 70 57.1%
24 Schumacher Mortgage A 77 0.0%5.49%
25 The Citizens National Bank of Bluffton C 74 14.3%6.00%

Best approval odds in Putnam County

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

#LenderDecidedDecision denial rate
1The Union Bank1628.6%
2Superior Credit Union27711.6%
3The Huntington National Bank9925.3%

What Putnam County borrowers applied for

By loan purpose

Home purchase 412 37% · 6.6% denied
Refinance 218 20% · 13.3% denied
Cash-out refinance 134 12% · 22.4% denied
Home improvement 178 16% · 19.7% denied
Other / HELOC 157 14% · 21.0% denied

By loan type

Conventional 965 88% · 13.6% denied
FHA 89 8% · 18.0% denied
VA 37 3% · 10.8% denied
USDA / RHS 8 1% · 37.5% denied

Why applications were denied

Debt-to-income ratio 45 32%
Credit history 38 27%
Collateral 23 16%
Incomplete application 17 12%
Other 11 8%
Insufficient cash 4 3%
Employment history 1 1%
Unverifiable information 1 1%

Putnam County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202387760416.5%7.25%$105,000
202487459214.0%7.13%$115,000
20251,09975214.0%6.63%$135,000

Frequently asked questions

14.0% of applications in Putnam County were denied in 2025, against 17.7% statewide in Ohio.

Superior Credit Union, with 314 applications in 2025 and a denial rate of 10.2%.

The median mortgage application in Putnam County in 2025 was for $135,000; the median property value on originated loans was $255,000.