FinObservatory

US mortgage lending / OH

Ohio

In 2024, lenders originated 246,113 mortgages in Ohio, $53.76B in volume, the 14th largest of 54 states and territories. The denial rate was 23.5% (25th highest), against 24.3% nationally.

414,222
Applications
2024
246,113
Originations
2024
$53.76B
Origination volume
peak $98.53B (2021)
$155K
Median originated loan
national $235K

Origination volume, 20072024

Total dollars of mortgages originated in Ohio each year. The series peak is $98.53B in 2021.

Hover for the value in each year

Source: HMDA public LAR (CFPB/FFIEC), 2007-2024 Sum of loan amounts on originated loans (action taken = 1). Legacy-era amounts converted from thousands of dollars. Methodology

Applications and originations

Applications (action codes 1-5) and the subset that closed as originated loans.

ApplicationsOriginations
Hover for the value in each year

Source: HMDA public LAR (CFPB/FFIEC), 2007-2024 Counts of loan-level records; the applications series excludes purchased loans and preapproval requests. Methodology

Denial rate, vs the national rate

Denials as a share of applications that reached a credit decision, in Ohio and nationally. In 2024: 23.5% vs 24.3% national.

OhioUnited States
Hover for the value in each year

Source: HMDA public LAR (CFPB/FFIEC), 2007-2024 Denial rate = denials / (originations + denials + approved-not-accepted), identical definition in both schema eras. Methodology

Purchase vs refinance originations

Originated loans in Ohio split by stated purpose. In 2024: 127,087 purchase loans, 61,684 refinances.

Home purchaseRefinance (incl. cash-out)Improvement + other
Hover for the value in each year

Source: HMDA public LAR (CFPB/FFIEC), 2007-2024 Loan-purpose codes: purchase = 1 (both eras); refinance = 3 (2007-2017) and 31/32 (2018+); improvement = 2; other-purpose codes exist only from 2018. Methodology

Back to the national picture or read the methodology: the public-LAR privacy modifications, the two schema eras, and the exact code mappings.