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Ag Credit, ACA

Fostoria, OH

Ag Credit, ACA processed 253 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 219 loans with a 7.5% denial rate. Home Purchase was the primary loan purpose. Based in Fostoria, OH. The approval rate of 86.6% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Ag Credit, ACA's 86.6% origination rate tells you how often an application turned into funded money; the 7.5% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Insufficient cash, which together explain the majority of rejections. Most activity concentrated in Conventional loans (250 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

253
Applications
219
Originated
7.5%
Denial Rate
$233,735
Avg Loan Amount
Avg Interest Rate: 6.784% Avg Applicant Income: $32,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 250 219 16 $234,960
FHA 3 0 3 $131,667

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Ag Credit, ACA (LEI: 254900BRCCRMIPW8R563) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
10
Credit history
7
Insufficient cash
1
Employment history
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 166 148 $266,747
Cash-out Refinancing 45 41 $161,222
Refinancing 42 30 $180,952

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 251 86.5% 7.6%
Black or African American * 1 100.0% 0.0%
Joint * 1 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 252 86.5% 7.5%
Joint * 1 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in OH

Other HMDA-reporting lenders in OH with similar activity. Compare any two side-by-side.

Us Bank, N.A.

CINCINNATI, OH

202,480 apps 74,512 originated 26.8% denied

Crosscountry Mortgage, LLC

Cleveland, OH

157,258 apps 101,894 originated 2.4% denied

JPMorgan Chase Bank, NA

Columbus, OH

150,113 apps 80,744 originated 8.1% denied

Huntington National Bank

Columbus, OH

99,675 apps 52,025 originated 28.8% denied

Fifth Third Bank, National Association

Cincinnati, OH

64,220 apps 30,494 originated 23.9% denied
Compare Ag Credit, ACA vs Us Bank, N.A. →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Ag Credit, ACA process?
Ag Credit, ACA processed 253 mortgage applications in the 2024 HMDA reporting year. Of these, 219 were originated (approved and funded), 15 were withdrawn by the applicant, and 19 were denied.
What is Ag Credit, ACA's mortgage approval rate?
Ag Credit, ACA has an approval (origination) rate of 86.6%, meaning 86.6% of all applications resulted in a funded mortgage. The denial rate is 7.5%.
What is the average loan amount at Ag Credit, ACA?
The average mortgage loan amount at Ag Credit, ACA is $233,735. The average interest rate is 6.784%. The average applicant income is $32,000.
What are the most common reasons for mortgage denial at Ag Credit, ACA?
The most common reasons for mortgage denial at Ag Credit, ACA are: Debt-to-income ratio, Credit history, Insufficient cash. In total, 19 applications were denied out of 253 total applications.
What types of mortgage loans does Ag Credit, ACA offer?
Ag Credit, ACA processes Conventional, FHA loans. The most common type is Conventional with 250 applications and an average loan amount of $234,960.
What loan purposes does Ag Credit, ACA serve?
Ag Credit, ACA serves the following loan purposes: Home Purchase (166 applications), Cash-out Refinancing (45 applications), Refinancing (42 applications). Home Purchase is the most common purpose.
Where is Ag Credit, ACA located?
Ag Credit, ACA is headquartered in Fostoria, OH. The lender is identified by LEI 254900BRCCRMIPW8R563 in HMDA data.
How does Ag Credit, ACA compare in lending across racial demographics?
Ag Credit, ACA reports demographic lending data under HMDA requirements. White applicants have an approval rate of 86.5% and denial rate of 7.6%; Black or African American applicants have an approval rate of 100.0% and denial rate of 0.0%; Joint applicants have an approval rate of 100.0% and denial rate of 0.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is 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.