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2024 data HMDA 2024 disclosure official source

Summit County

22,290 mortgage applications, 16.6% denial rate. Verify FIPS 39153 with U.S. Census Bureau →

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Ohio · FIPS 39153

Local mortgage market. Summit County, Ohio saw 22,290 HMDA-reported mortgage applications in 2024. Lenders originated 12,112 of those loans and denied 3,698, producing a denial rate of 16.6% and an approval (origination) rate of 54.3%. The average loan amount was $193,396 at an average note rate of 7.57%, with applicants self-reporting average annual income of $37K. 359 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.2x, meaning typical borrowers took on mortgages of about 5.2 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 39153 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

22,290
Applications
12,112
Originated
16.6%
Denial Rate
54.3%
Approval Rate
$193,396
Avg Loan Amount
7.57%
Avg Interest Rate
$37K
Avg Applicant Income
5.2x
Loan-to-Income Ratio

Nearby Lenders in Summit 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 1,838 15.2%
2 Crosscountry Mortgage, LLC 927 7.7%
3 Rocket Mortgage 761 6.3%
4 Third Federal Savings and Loan 616 5.1%
5 CBNA Year to Date 485 4.0%
Compare Huntington National Bank vs Crosscountry Mortgage, LLC →

Frequently Asked Questions

How many mortgage applications were filed in Summit County?
In the 2024 HMDA reporting year, 22,290 mortgage applications were filed in Summit County, Ohio. Of these, 12,112 were originated (approved and funded), while 3,698 were denied, resulting in a denial rate of 16.6%.
What is the mortgage denial rate in Summit County?
The mortgage denial rate in Summit County is 16.6%. The approval (origination) rate is 54.3%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Summit County?
The average mortgage loan amount in Summit County is $193,396. The average interest rate is 7.568%. The average applicant income is $37K.
What is the loan-to-income ratio in Summit County?
The average loan-to-income ratio in Summit County is 5.2x, meaning borrowers took on loans averaging 5.2 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Summit County?
The top mortgage lenders in Summit County by origination volume are Huntington National Bank, Crosscountry Mortgage, LLC, Rocket Mortgage. In total, 359 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.