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First Ohio Home Finance

Westerville, OH

First Ohio Home Finance processed 963 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 665 loans with a 0.4% denial rate. Home Purchase was the primary loan purpose. Based in Westerville, OH. The approval rate of 69.1% 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 Ohio Home Finance processed 963 HMDA-reported mortgage applications in 2024, originating 665 loans and denying 4 for a denial rate of 0.4% (applicants themselves withdrew 294 files before a decision). The average loan amount was $185,395 at a 6.973% average note rate, and applicants self-reported an average income of $37,000. The lender reports under LEI 5493004NMXQUYEFD1Y98 from Westerville, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness.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 Ohio Home Finance's 69.1% origination rate tells you how often an application turned into funded money; the 0.4% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (744 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.

963
Applications
665
Originated
0.4%
Denial Rate
$185,395
Avg Loan Amount
Avg Interest Rate: 6.973% Avg Applicant Income: $37,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 744 505 2 $176,841
FHA 177 128 2 $203,531
VA 27 18 0 $299,444
USDA 15 14 0 $190,333

Top loan types — First Ohio Home Finance

Top loan types — First Ohio Home Finance Horizontal bar chart of the top 4 items by value (applications). Top loan types — First Ohio Home Finance Top 4 1. Conventional 744 2. FHA 177 3. VA 27 4. USDA 15 Top 5 loan types by application volume at First Ohio Home Finance (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for First Ohio Home Finance (LEI: 5493004NMXQUYEFD1Y98) · 2023 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
2
Collateral
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 859 592 $185,047
Cash-out Refinancing 69 46 $178,043
Refinancing 35 27 $208,429

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 599 74.1% 0.3%
Asian 87 64.4% 1.1%
Black or African American 59 54.2% 0.0%
Joint 13 61.5% 0.0%
American Indian or Alaska Native 4 25.0% 0.0%
Native Hawaiian or Other Pacific Islander 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 900 69.2% 0.4%
Hispanic or Latino 46 71.7% 0.0%
Joint 17 52.9% 0.0%

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 First Ohio Home Finance vs US BANK, N.A. →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did First Ohio Home Finance process?
First Ohio Home Finance processed 963 mortgage applications in the 2023 HMDA reporting year. Of these, 665 were originated (approved and funded), 294 were withdrawn by the applicant, and 4 were denied.
What is First Ohio Home Finance's mortgage approval rate?
First Ohio Home Finance has an approval (origination) rate of 69.1%, meaning 69.1% of all applications resulted in a funded mortgage. The denial rate is 0.4%.
What is the average loan amount at First Ohio Home Finance?
The average mortgage loan amount at First Ohio Home Finance is $185,395. The average interest rate is 6.973%. The average applicant income is $37,000.
What are the most common reasons for mortgage denial at First Ohio Home Finance?
The most common reasons for mortgage denial at First Ohio Home Finance are: Debt-to-income ratio, Collateral. In total, 4 applications were denied out of 963 total applications.
What types of mortgage loans does First Ohio Home Finance offer?
First Ohio Home Finance processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 744 applications and an average loan amount of $176,841.
What loan purposes does First Ohio Home Finance serve?
First Ohio Home Finance serves the following loan purposes: Home Purchase (859 applications), Cash-out Refinancing (69 applications), Refinancing (35 applications). Home Purchase is the most common purpose.
Where is First Ohio Home Finance located?
First Ohio Home Finance is headquartered in Westerville, OH. The lender is identified by LEI 5493004NMXQUYEFD1Y98 in HMDA data.
How does First Ohio Home Finance compare in lending across racial demographics?
First Ohio Home Finance reports demographic lending data under HMDA requirements. White applicants have an approval rate of 74.1% and denial rate of 0.3%; Asian applicants have an approval rate of 64.4% and denial rate of 1.1%; Black or African American applicants have an approval rate of 54.2% 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.