First Federal Bank of Ohio

Galion, OH

First Federal Bank of Ohio processed 131 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 97 loans with a 16.0% denial rate. Home Purchase was the primary loan purpose. Based in Galion, OH. The approval rate of 74.0% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. First Federal Bank of Ohio processed 131 HMDA-reported mortgage applications in 2024, originating 97 loans and denying 21 for a denial rate of 16.0%. The average loan amount was $131,870. The lender reports under LEI 2549007S3Y4859VJ1444 from Galion, OH.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. First Federal Bank of Ohio's 74.0% origination rate tells you how often an application turned into funded money; the 16.0% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (131 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.

131
Applications
97
Originated
16.0%
Denial Rate
$131,870
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 131 97 21 $131,870

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for First Federal Bank of Ohio (LEI: 2549007S3Y4859VJ1444) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 74 60 $171,757
Home Improvement 23 18 $46,304
Cash-out Refinancing 18 9 $120,000
Other 12 7 $56,667
Refinancing 4 3 $165,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 127 74.8% 15.8%
Black or African American 2 50.0% 50.0%
Joint 1 100.0% 0.0%

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 127 75.6% 15.0%
Hispanic or Latino 2 0.0% 100.0%
Joint 1 100.0% 0.0%

Nearby Lenders in OH

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

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did First Federal Bank of Ohio process?
First Federal Bank of Ohio processed 131 mortgage applications in the 2023 HMDA reporting year. Of these, 97 were originated (approved and funded), and 21 were denied.
What is First Federal Bank of Ohio's mortgage approval rate?
First Federal Bank of Ohio has an approval (origination) rate of 74.0%, meaning 74.0% of all applications resulted in a funded mortgage. The denial rate is 16.0%.
What is the average loan amount at First Federal Bank of Ohio?
The average mortgage loan amount at First Federal Bank of Ohio is $131,870.
What types of mortgage loans does First Federal Bank of Ohio offer?
First Federal Bank of Ohio processes Conventional loans. The most common type is Conventional with 131 applications and an average loan amount of $131,870.
What loan purposes does First Federal Bank of Ohio serve?
First Federal Bank of Ohio serves the following loan purposes: Home Purchase (74 applications), Home Improvement (23 applications), Cash-out Refinancing (18 applications), Other (12 applications), Refinancing (4 applications). Home Purchase is the most common purpose.
Where is First Federal Bank of Ohio located?
First Federal Bank of Ohio is headquartered in Galion, OH. The lender is identified by LEI 2549007S3Y4859VJ1444 in HMDA data.
How does First Federal Bank of Ohio compare in lending across racial demographics?
First Federal Bank of Ohio reports demographic lending data under HMDA requirements. White applicants have an approval rate of 74.8% and denial rate of 15.8%; Black or African American applicants have an approval rate of 50.0% and denial rate of 50.0%; 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.