Lenders › New American Funding, LLC. › Ohio
New American Funding, LLC. 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.
In Ohio, New American Funding, LLC. reported 3,501 applications and 988 originations for 2024, $170m in all.
Its denial rate in the state was 31.5%, above the Ohio rate of 23.5% across all lenders and compared with the lender's national rate of 20.9%.
The median rate spread on its Ohio originations was 1.2 percentage points (state median 0.5).
Applications in the state were up 54% on 2023.
Compared with the state and the lender's national record
| Measure | In Ohio | Ohio, all lenders | New American Funding, LLC., all states | United States |
|---|---|---|---|---|
| Denial rate | 31.5% | 23.5% | 20.9% | 24.3% |
| Median rate spread, pp | 1.2 | 0.5 | 0.7 | 0.3 |
| Originations with spread of 1.5 pp or more | 35.7% | 17.7% | 20.0% | 15.6% |
| Average originated loan | $172k | $218k | $282k | $329k |
| Home purchase share | 55.9% | 51.7% | 70.9% | 57.0% |
| FHA-insured share | 48.6% | 12.3% | 30.6% | 13.4% |
| VA-guaranteed share | 5.9% | 5.9% | 8.3% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateOhio, all lenders
Loan purpose and loan type in Ohio
By purpose
Home purchase 56% (552)Home improvement 4% (41)Refinancing 5% (50)Cash-out refinancing 29% (286)Other purpose 6% (59)
By type
Conventional 45% (449)FHA 49% (480)VA 6% (58)USDA 0% (1)
Denial reasons as coded
Share of 462 denials in Ohio by first denial reason coded (outlined bar: all lenders in the state).
Counties in Ohio
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Montgomery County | 261 | 124 | $20m | 16.0% |
| Cuyahoga County | 393 | 107 | $17m | 33.3% |
| Franklin County | 272 | 63 | $13m | 30.8% |
| Hamilton County | 219 | 56 | $11m | 34.1% |
| Butler County | 166 | 50 | $9.5m | 29.6% |
| Summit County | 140 | 39 | $6.8m | 32.8% |
| Lucas County | 130 | 37 | $5.3m | 37.3% |
| Greene County | 78 | 37 | $6.6m | 14.0% |
| Warren County | 75 | 29 | $6.4m | 19.4% |
| Stark County | 107 | 22 | $3.6m | 40.5% |
| Clermont County | 67 | 22 | $4.5m | 31.3% |
| Mahoning County | 89 | 21 | $2.8m | 47.5% |
| Trumbull County | 65 | 20 | $2.4m | 28.6% |
| Miami County | 43 | 18 | $4.4m | — |
| Delaware County | 65 | 17 | $4.9m | — |
| Clark County | 38 | 15 | $1.9m | — |
| Lorain County | 92 | 14 | $2.5m | 48.1% |
| Richland County | 48 | 14 | $2.7m | — |
| Licking County | 48 | 13 | $2.6m | — |
| Lake County | 67 | 12 | $1.5m | — |
| Portage County | 38 | 11 | $1.5m | — |
| Fairfield County | 53 | 10 | $1.4m | — |
| Medina County | 37 | 9 | $2.0m | — |
| Allen County | 36 | 9 | $1.8m | — |
| Ashtabula County | 31 | 9 | $1.8m | — |
| Muskingum County | 35 | 8 | $1.6m | — |
| Marion County | 31 | 7 | $695k | — |
| Columbiana County | 45 | 6 | $670k | — |
| Wood County | 31 | 6 | $1.1m | — |
| Jefferson County | 25 | 6 | $890k | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did New American Funding, LLC. originate in Ohio in 2024?
988 loans totalling $170m, from 3,501 applications reported for properties in Ohio.
What is New American Funding, LLC.'s denial rate in Ohio?
31.5% of decided applications in Ohio were denied, against 23.5% for all lenders in the state and 20.9% 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 New American Funding, LLC. lend in most?
By originations: Montgomery County (124), Cuyahoga County (107), Franklin County (63), Hamilton County (56), Butler County (50).
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.