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2024 data HMDA 2024 disclosure official source

Ottawa County

1,656 mortgage applications, 15.2% denial rate. Verify FIPS 39123 with U.S. Census Bureau →

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Ohio · FIPS 39123

Local mortgage market. Ottawa County, Ohio saw 1,656 HMDA-reported mortgage applications in 2024. Lenders originated 994 of those loans and denied 252, producing a denial rate of 15.2% and an approval (origination) rate of 60.0%. The average loan amount was $215,175 at an average note rate of 7.56%, with applicants self-reporting average annual income of $36K. 160 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.0x, meaning typical borrowers took on mortgages of about 6.0 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 39123 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,656
Applications
994
Originated
15.2%
Denial Rate
60.0%
Approval Rate
$215,175
Avg Loan Amount
7.56%
Avg Interest Rate
$36K
Avg Applicant Income
6.0x
Loan-to-Income Ratio

Nearby Lenders in Ottawa 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 Huntington National Bank 187 18.8%
2 The Genoa Banking Company 103 10.4%
3 Rocket Mortgage 65 6.5%
4 Croghan Colonial Bank 37 3.7%
5 Civista Bank 33 3.3%
Compare Huntington National Bank vs The Genoa Banking Company →

Frequently Asked Questions

How many mortgage applications were filed in Ottawa County?
In the 2024 HMDA reporting year, 1,656 mortgage applications were filed in Ottawa County, Ohio. Of these, 994 were originated (approved and funded), while 252 were denied, resulting in a denial rate of 15.2%.
What is the mortgage denial rate in Ottawa County?
The mortgage denial rate in Ottawa County is 15.2%. The approval (origination) rate is 60.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Ottawa County?
The average mortgage loan amount in Ottawa County is $215,175. The average interest rate is 7.564%. The average applicant income is $36K.
What is the loan-to-income ratio in Ottawa County?
The average loan-to-income ratio in Ottawa County is 6.0x, meaning borrowers took on loans averaging 6.0 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Ottawa County?
The top mortgage lenders in Ottawa County by origination volume are Huntington National Bank, The Genoa Banking Company, Rocket Mortgage. In total, 160 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.