Richland County, Ohio · 2025

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

240 lenders acted on 4,457 mortgage applications for properties in Richland County in 2025. 17.5% were denied (Ohio: 17.7%). Median rate on closed loans 6.88%; median loan $125,000; median property value $225,000.

4.5kApplications
17.5%Denial ratestate 17.7%
6.88%Median ratestate 6.88%
$125,000Median loan
$225,000Median property value

Largest lenders in Richland County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Mechanics Bank B 458365 3.7%6.38%
2 The Park National Bank C 372267 18.0%7.26%
3 The Huntington National Bank D 348203 24.7%7.75%
4 Rocket Mortgage C 277191 23.1%6.88%
5 Crosscountry Mortgage B 219151 3.2%6.75%
6 Fairway Independent Mortgage B 175148 4.0%7.00%
7 Directions Credit Union B 162113 25.9%7.00%
8 Union Home Mortgage B 143101 5.6%6.88%
9 Mortgage Research Center C 12059 15.0%6.25%
10 Loandepot.Com D 11277 13.4%6.99%
11 United Shore Financial Services B 11171 8.1%6.13%
12 JPMorgan Chase Bank B 7339 15.1%6.88%
13 21st Mortgage F 6721 47.8%9.27%
14 Freedom Mortgage B 6434 3.1%6.25%
15 Coastal Community Bank C 6424 1.6%9.87%
16 AmeriSave Mortgage D 6321 55.6%7.99%
17 U.S. Bank D 5423 42.6%8.35%
18 Navy Federal Credit Union D 5426 20.4%6.94%
19 Pennymac Loan Services C 5221 17.3%6.25%
20 New Day Financial F 5113 21.6%6.75%
21 Broker Solutions D 5012 6.0%6.75%
22 Kiavi Funding D 4825 4.2%10.49%
23 PNC Bank D 4223 31.0%7.24%
24 Newrez D 3915 15.4%6.88%
25 Discover Bank F 388 47.4%8.72%

Best approval odds in Richland County

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

What Richland County borrowers applied for

By loan purpose

Home purchase 1,892 42% · 8.7% denied
Refinance 607 14% · 15.8% denied
Cash-out refinance 830 19% · 23.4% denied
Home improvement 543 12% · 28.9% denied
Other / HELOC 585 13% · 28.9% denied

By loan type

Conventional 3,271 73% · 18.4% denied
FHA 699 16% · 15.7% denied
VA 446 10% · 15.0% denied
USDA / RHS 41 1% · 4.9% denied

Why applications were denied

Credit history 261 34%
Debt-to-income ratio 177 23%
Collateral 110 14%
Incomplete application 109 14%
Other 68 9%
Unverifiable information 20 3%
Insufficient cash 19 2%
Employment history 9 1%

Richland County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20233,6132,17517.7%7.11%$105,000
20244,0052,42218.9%7.13%$115,000
20254,4572,68917.5%6.88%$125,000

Frequently asked questions

17.5% of applications in Richland County were denied in 2025, against 17.7% statewide in Ohio.

Mechanics Bank, with 458 applications in 2025 and a denial rate of 3.7%.

The median mortgage application in Richland County in 2025 was for $125,000; the median property value on originated loans was $225,000.