Lenders › The Andover Bank › Ohio
The Andover Bank in Ohio
HMDA record for properties in Ohio, calendar year 2024. National record · Ohio overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
The Andover Bank's 2024 HMDA record for Ohio covers 198 applications, 119 of them originated, worth $16m.
Its denial rate in the state was 24.8%, close to the Ohio rate of 23.5% across all lenders and compared with the lender's national rate of 23.0%.
Applications in the state were down 22% on 2023.
Compared with the state and the lender's national record
| Measure | In Ohio | Ohio, all lenders | The Andover Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 24.8% | 23.5% | 23.0% | 24.3% |
| Median rate spread, pp | — | 0.5 | — | 0.3 |
| Originations with spread of 1.5 pp or more | — | 17.7% | — | 15.6% |
| Average originated loan | $138k | $218k | $127k | $329k |
| Home purchase share | 29.4% | 51.7% | 29.9% | 57.0% |
| FHA-insured share | 0.0% | 12.3% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 5.9% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateOhio, all lenders
Loan purpose and loan type in Ohio
By purpose
Home purchase 29% (35)Home improvement 29% (34)Refinancing 4% (5)Cash-out refinancing 17% (20)Other purpose 21% (25)
By type
Conventional 100% (119)
Denial reasons as coded
Share of 40 denials in Ohio by first denial reason coded (outlined bar: all lenders in the state).
Counties in Ohio
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Ashtabula County | 153 | 95 | $8.3m | 23.8% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did The Andover Bank originate in Ohio in 2024?
119 loans totalling $16m, from 198 applications reported for properties in Ohio.
What is The Andover Bank's denial rate in Ohio?
24.8% of decided applications in Ohio were denied, against 23.5% for all lenders in the state and 23.0% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Ohio counties does The Andover Bank lend in most?
By originations: Ashtabula County (95).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Ohio. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.