PlainLender
2024 data HMDA 2024 disclosure official source

Defiance County

1,256 mortgage applications, 20.0% denial rate. Verify FIPS 39039 with U.S. Census Bureau →

PlainLender home → About this data

Ohio · FIPS 39039

Local mortgage market. Defiance County, Ohio saw 1,256 HMDA-reported mortgage applications in 2024. Lenders originated 690 of those loans and denied 251, producing a denial rate of 20.0% and an approval (origination) rate of 54.9%. The average loan amount was $133,734 at an average note rate of 7.51%, with applicants self-reporting average annual income of $35K. 96 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 3.8x, meaning typical borrowers took on mortgages of about 3.8 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 39039 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,256
Applications
690
Originated
20.0%
Denial Rate
54.9%
Approval Rate
$133,734
Avg Loan Amount
7.51%
Avg Interest Rate
$35K
Avg Applicant Income
3.8x
Loan-to-Income Ratio

Nearby Lenders in Defiance County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Premier Bank 117 17.0%
2 Huntington National Bank 103 14.9%
3 The State Bank & Trust Company 81 11.7%
4 The Farmers & Merchants State Bank 55 8.0%
5 Rocket Mortgage 43 6.2%
Compare Premier Bank vs Huntington National Bank →

Frequently Asked Questions

How many mortgage applications were filed in Defiance County?
In the 2024 HMDA reporting year, 1,256 mortgage applications were filed in Defiance County, Ohio. Of these, 690 were originated (approved and funded), while 251 were denied, resulting in a denial rate of 20.0%.
What is the mortgage denial rate in Defiance County?
The mortgage denial rate in Defiance County is 20.0%. The approval (origination) rate is 54.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Defiance County?
The average mortgage loan amount in Defiance County is $133,734. The average interest rate is 7.508%. The average applicant income is $35K.
What is the loan-to-income ratio in Defiance County?
The average loan-to-income ratio in Defiance County is 3.8x, meaning borrowers took on loans averaging 3.8 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Defiance County?
The top mortgage lenders in Defiance County by origination volume are Premier Bank, Huntington National Bank, The State Bank & Trust Company. In total, 96 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.