PlainLender

THE UNION BANK CO

COLUMBUS GROVE, OH

THE UNION BANK CO processed 1,022 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 742 loans with a 11.9% denial rate. Home Purchase was the primary loan purpose. Based in COLUMBUS GROVE, OH. The approval rate of 72.6% 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. THE UNION BANK CO processed 1,022 HMDA-reported mortgage applications in 2024, originating 742 loans and denying 122 for a denial rate of 11.9% (applicants themselves withdrew 126 files before a decision). The average loan amount was $224,100 at a 7.018% average note rate, and applicants self-reported an average income of $33,000. The lender reports under LEI 254900BDGU9FU91PQA51 from COLUMBUS GROVE, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. THE UNION BANK CO's 72.6% origination rate tells you how often an application turned into funded money; the 11.9% 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, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (867 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.

1,022
Applications
742
Originated
11.9%
Denial Rate
$224,100
Avg Loan Amount
Avg Interest Rate: 7.018% Avg Applicant Income: $33,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 867 659 92 $207,826
FHA 120 59 29 $309,250
VA 28 19 1 $367,143
USDA 7 5 0 $207,857

Top loan types — THE UNION BANK CO

Top loan types — THE UNION BANK CO Horizontal bar chart of the top 4 items by value (applications). Top loan types — THE UNION BANK CO Top 4 1. Conventional 867 2. FHA 120 3. VA 28 4. USDA 7 Top 5 loan types by application volume at THE UNION BANK CO (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 THE UNION BANK CO (LEI: 254900BDGU9FU91PQA51) · 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
62
Credit history
62
Collateral
13
Credit application incomplete
6
Unverifiable information
5
Insufficient cash
4
Employment history
3
Other
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 457 361 $277,035
Refinancing 161 128 $174,503
Cash-out Refinancing 158 73 $309,873
Home Improvement 139 107 $109,173
Other 107 73 $95,280

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 776 73.2% 12.0%
Black or African American 27 55.6% 11.1%
Asian 21 81.0% 9.5%
Joint 10 70.0% 0.0%
American Indian or Alaska Native 4 0.0% 75.0%

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 756 73.2% 12.2%
Hispanic or Latino 26 73.1% 15.4%
Joint 14 71.4% 7.1%

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 THE UNION BANK CO 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

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Frequently Asked Questions

How many mortgage applications did THE UNION BANK CO process?
THE UNION BANK CO processed 1,022 mortgage applications in the 2023 HMDA reporting year. Of these, 742 were originated (approved and funded), 126 were withdrawn by the applicant, and 122 were denied.
What is THE UNION BANK CO's mortgage approval rate?
THE UNION BANK CO has an approval (origination) rate of 72.6%, meaning 72.6% of all applications resulted in a funded mortgage. The denial rate is 11.9%.
What is the average loan amount at THE UNION BANK CO?
The average mortgage loan amount at THE UNION BANK CO is $224,100. The average interest rate is 7.018%. The average applicant income is $33,000.
What are the most common reasons for mortgage denial at THE UNION BANK CO?
The most common reasons for mortgage denial at THE UNION BANK CO are: Debt-to-income ratio, Credit history, Collateral. In total, 122 applications were denied out of 1,022 total applications.
What types of mortgage loans does THE UNION BANK CO offer?
THE UNION BANK CO processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 867 applications and an average loan amount of $207,826.
What loan purposes does THE UNION BANK CO serve?
THE UNION BANK CO serves the following loan purposes: Home Purchase (457 applications), Refinancing (161 applications), Cash-out Refinancing (158 applications), Home Improvement (139 applications), Other (107 applications). Home Purchase is the most common purpose.
Where is THE UNION BANK CO located?
THE UNION BANK CO is headquartered in COLUMBUS GROVE, OH. The lender is identified by LEI 254900BDGU9FU91PQA51 in HMDA data.
How does THE UNION BANK CO compare in lending across racial demographics?
THE UNION BANK CO reports demographic lending data under HMDA requirements. White applicants have an approval rate of 73.2% and denial rate of 12.0%; Black or African American applicants have an approval rate of 55.6% and denial rate of 11.1%; Asian applicants have an approval rate of 81.0% and denial rate of 9.5%. 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.