Wayne County, Ohio · 2025

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

212 lenders acted on 3,550 mortgage applications for properties in Wayne County in 2025. 15.8% were denied (Ohio: 17.7%). Median rate on closed loans 6.88%; median loan $155,000; median property value $275,000.

3.6kApplications
15.8%Denial ratestate 17.7%
6.88%Median ratestate 6.88%
$155,000Median loan
$275,000Median property value

Largest lenders in Wayne County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 The Huntington National Bank D 501309 23.8%7.79%
2 The Farmers National Bank of Canfield B 267211 13.9%6.50%
3 Crosscountry Mortgage B 256192 3.9%6.75%
4 PNC Bank D 233149 18.5%7.31%
5 Rocket Mortgage C 232176 15.1%6.63%
6 Main Street Bank C 11791 6.0%
7 United Shore Financial Services B 9156 8.8%6.00%
8 Union Home Mortgage B 7669 4.0%6.75%
9 Mortgage Research Center C 7036 17.1%6.25%
10 Triad Financial Services D 6428 21.9%6.75%
11 Third Federal Savings and Loan Association of Cleveland C 5942 11.9%6.74%
12 The Apple Creek Banking 5945 8.5%
13 The Commercial and Savings Bank of Millersburg, Ohio B 5650 5.4%
14 Pennymac Loan Services C 5430 13.0%6.19%
15 U.S. Bank D 5424 40.7%7.61%
16 JPMorgan Chase Bank B 4227 19.1%7.00%
17 United Trust Bank C 4138 4.9%6.81%
18 Coastal Community Bank C 3918 0.0%8.87%
19 Freedom Mortgage B 3711 13.5%6.63%
20 The Park National Bank C 3624 19.4%7.13%
21 Figure Lending C 3620 22.2%8.00%
22 Directions Credit Union B 3425 23.5%7.00%
23 Fifth Third Bank D 3320 18.2%7.63%
24 Alcova Mortgage A 3330 0.0%6.75%
25 Fairway Independent Mortgage B 3127 3.2%6.49%

Best approval odds in Wayne County

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

What Wayne County borrowers applied for

By loan purpose

Home purchase 1,352 38% · 7.8% denied
Refinance 633 18% · 14.5% denied
Cash-out refinance 605 17% · 18.7% denied
Home improvement 486 14% · 27.4% denied
Other / HELOC 474 13% · 24.5% denied

By loan type

Conventional 2,798 79% · 16.3% denied
FHA 475 13% · 14.3% denied
VA 249 7% · 12.5% denied
USDA / RHS 28 1% · 10.7% denied

Why applications were denied

Debt-to-income ratio 164 30%
Credit history 153 28%
Collateral 83 15%
Incomplete application 78 14%
Other 44 8%
Unverifiable information 12 2%
Insufficient cash 8 1%
Employment history 7 1%

Wayne County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20233,1121,87019.7%7.08%$125,000
20243,2252,02219.2%7.00%$145,000
20253,5502,30315.8%6.88%$155,000

Frequently asked questions

15.8% of applications in Wayne County were denied in 2025, against 17.7% statewide in Ohio.

The Huntington National Bank, with 501 applications in 2025 and a denial rate of 23.8%.

The median mortgage application in Wayne County in 2025 was for $155,000; the median property value on originated loans was $275,000.