Table of Contents
At this time we’ll check out the highest mortgage lenders in Ohio.
Final yr, almost 1,000 mortgage corporations originated about $113 billion in house loans there.
However one firm dominated the remainder by a reasonably large margin.
Surprisingly, it wasn’t the nation’s high mortgage lender, however relatively a depository financial institution.
Learn on to see who took the highest spot and what different corporations did a variety of enterprise in The Buckeye State.
High Mortgage Lenders in Ohio (Total)
| Rating | Firm Identify | 2021 Mortgage Quantity |
| 1. | Huntington Financial institution | $7.8 billion |
| 2. | Rocket Mortgage | $6.4 billion |
| 3. | Union Financial savings Financial institution | $4.1 billion |
| 4. | Fifth Third Financial institution | $3.9 billion |
| 5. | Chase | $3.2 billion |
| 6. | U.S. Financial institution | $3.0 billion |
| 7. | Wells Fargo | $2.4 billion |
| 8. | Third Federal | $2.3 billion |
| 9. | Freedom Mortgage | $2.1 billion |
| 10. | Union Dwelling Mortgage | $2.1 billion |
The highest mortgage lender in Ohio final yr was Huntington Financial institution, an organization based all the best way again in 1866.
In 2021, the Columbus, Ohio-based firm funded $7.8 billion in house loans, per HMDA information from Richey Could.
That was greater than sufficient to carry off Rocket Mortgage’s $6.4 billion, the nation’s high general mortgage lender.
In third was Cincinnati, Ohio-based Union Financial savings Financial institution with $4.1 billion funded, adopted by fellow Cincinnati-based financial institution Fifth Third with $3.9 billion in mortgage quantity.
Rounding out the highest 5 was JPMorgan Chase with $3.2 billion funded. Chase was the one entry not situated within the Midwest.
The remainder of the highest 10 consisted of U.S. Financial institution, Wells Fargo, Third Federal Mortgage (Cleveland, OH), Freedom Mortgage, and Union Dwelling Mortgage (Strongsville, OH).
So it appears Ohioans wish to maintain it native when acquiring a house mortgage.
High Ohio Mortgage Lenders (for Dwelling Consumers)
| Rating | Firm Identify | 2021 Mortgage Quantity |
| 1. | Huntington Financial institution | $2.8 billion |
| 2. | U.S. Financial institution | $1.6 billion |
| 3. | CrossCountry Mortgage | $1.5 billion |
| 4. | Rocket Mortgage | $1.3 billion |
| 5. | Union Dwelling Mortgage | $1.3 billion |
| 6. | Chase | $1.2 billion |
| 7. | Fairway Unbiased | $1.2 billion |
| 8. | Fifth Third | $1.1 billion |
| 9. | Wells Fargo | $1.1 billion |
| 10. | Pennymac | $979 million |
When it got here to house buy lending, Huntington Financial institution as soon as once more led the cost with $2.8 billion funded.
They have been adopted by Minneapolis, Minnesota-based U.S. Financial institution with $1.6 billion and CrossCountry Mortgage (Brecksville, OH) with $1.5 billion funded.
The nation’s high lender, Rocket Mortgage, took fourth with $1.3 billion in buy mortgage origination quantity, trailed by Union Dwelling Mortgage with the same $1.3 billion.
Locations six by way of 10 went to Chase, Fairway Unbiased Mortgage, Fifth Third Financial institution, Wells Fargo, and Pennymac.
No huge surprises right here, with extra native corporations and massive family names making the listing.
High Refinance Lenders in Ohio (for Present Householders)
| Rating | Firm Identify | 2021 Mortgage Quantity |
| 1. | Rocket Mortgage | $4.9 billion |
| 2. | Huntington Financial institution | $4.6 billion |
| 3. | Union Financial savings Financial institution | $3.1 billion |
| 4. | Fifth Third Financial institution | $2.6 billion |
| 5. | Chase | $1.9 billion |
| 6. | Freedom Mortgage | $1.8 billion |
| 7. | PNC Financial institution | $1.4 billion |
| 8. | Wells Fargo | $1.2 billion |
| 9. | U.S. Financial institution | $1.2 billion |
| 10. | Third Federal | $1.2 billion |
Once we shift focus to mortgage refinance loans, Rocket Mortgage is king with $4.9 billion funded.
Per traditional, householders are glad to have a look at non-local choices as they go for the bottom price, versus a well-known face.
In second was Huntington Financial institution with an in depth $4.6 billion funded, adopted by Union Financial savings Financial institution with $3.1 billion.
Fifth Third took fourth (complicated) with $2.6 billion in refinance quantity, adopted by Chase with $1.9 billion.
The remaining corporations within the high 10 included Freedom Mortgage, PNC Financial institution, Wells Fargo, U.S. Financial institution, and Third Federal.
All in all, extra of the identical, Ohio-based mortgage corporations and massive nationwide manufacturers/banks.
High Mortgage Lenders in Cincinnati
| Rating | Firm Identify | 2021 Mortgage Quantity |
| 1. | Union Financial savings Financial institution | $2.0 billion |
| 2. | Huntington Financial institution | $1.4 billion |
| 3. | Fifth Third Financial institution | $1.4 billion |
| 4. | Rocket Mortgage | $1.2 billion |
| 5. | Guardian Financial savings Financial institution | $1.1 billion |
| 6. | U.S. Financial institution | $1.1 billion |
| 7. | Assured Charge | $645 million |
| 8. | Wells Fargo | $639 million |
| 9. | Freedom Mortgage | $597 million |
| 10. | PNC Financial institution | $539 million |
High Mortgage Lenders in Cleveland
| Rating | Firm Identify | 2021 Mortgage Quantity |
| 1. | Rocket Mortgage | $1.6 billion |
| 2. | Huntington Financial institution | $1.5 billion |
| 3. | Third Federal | $1.1 billion |
| 4. | CrossCountry Mortgage | $1.0 billion |
| 5. | Fifth Third Financial institution | $780 million |
| 6. | KeyBank | $714 million |
| 7. | First Federal Financial savings | $569 million |
| 8. | Chase | $566 million |
| 9. | Wells Fargo | $550 million |
| 10. | Residents Financial institution | $518 million |
High Mortgage Lenders in Columbus (OH)
| Rating | Firm Identify | 2021 Mortgage Quantity |
| 1. | Huntington Financial institution | $2.4 billion |
| 2. | Chase | $1.4 billion |
| 3. | Union Financial savings Financial institution | $1.4 billion |
| 4. | Rocket Mortgage | $1.3 billion |
| 5. | Fifth Third Financial institution | $945 million |
| 6. | U.S. Financial institution | $898 million |
| 7. | Union Dwelling Mortgage | $722 million |
| 8. | Wells Fargo | $637 million |
| 9. | Mr. Cooper | $535 million |
| 10. | Freedom Mortgage | $535 million |
Who Are the Finest Ohio Mortgage Lenders?
Whereas the Huntington Financial institution was Ohio’s largest mortgage lender, its critiques are fairly combined, with a variety of 3-star rankings throughout totally different evaluate web sites.
It’s troublesome to find out if that’s attributable to mortgage lending or different financial institution providers provided by the corporate.
Regardless, there are different mortgage corporations in Ohio with far superior rankings, even when they aren’t as massive.
For instance, CrossCountry Mortgage has a superb 4.97-star score on Zillow from a staggering 18,000 buyer critiques.
In the meantime, Revolution Mortgage has a 4.96 score, Decrease.com has a 4.92-rating, Union Dwelling Mortgage has a 4.89-rating, and Nations Lending has a 4.81 rating.
The very best rated Ohio-based mortgage firm on Zillow is a tie between American Mortgage Service Firm and Fairness Sources, Inc., each with a 4.98 rating.
So it’s clear there are many highly-rated Ohio mortgage corporations that aren’t essentially the most important of the bunch.
On the identical time, you may additionally discover that working with a mortgage dealer or native credit score union is the best way to go.
No matter what possibility you select, do your analysis and take your time to make sure you get hold of high quality service at a aggressive value.
