Lenders › Lower, LLC › Ohio
Lower, 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.
Lower, LLC's 2024 HMDA record for Ohio covers 2,845 applications, 1,912 of them originated, worth $490m.
Its denial rate in the state was 10.8%, below the Ohio rate of 23.5% across all lenders and compared with the lender's national rate of 12.7%.
The median rate spread on its Ohio originations was 0.7 percentage points (state median 0.5).
Applications in the state were up 190% on 2023.
Compared with the state and the lender's national record
| Measure | In Ohio | Ohio, all lenders | Lower, LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 10.8% | 23.5% | 12.7% | 24.3% |
| Median rate spread, pp | 0.7 | 0.5 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 10.2% | 17.7% | 7.3% | 15.6% |
| Average originated loan | $256k | $218k | $310k | $329k |
| Home purchase share | 88.1% | 51.7% | 81.3% | 57.0% |
| FHA-insured share | 26.7% | 12.3% | 26.1% | 13.4% |
| VA-guaranteed share | 6.6% | 5.9% | 8.2% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateOhio, all lenders
Loan purpose and loan type in Ohio
By purpose
Home purchase 88% (1,685)Refinancing 4% (74)Cash-out refinancing 8% (153)
By type
Conventional 66% (1,257)FHA 27% (511)VA 7% (126)USDA 1% (18)
Denial reasons as coded
Share of 242 denials in Ohio by first denial reason coded (outlined bar: all lenders in the state).
Counties in Ohio
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Franklin County | 686 | 463 | $136m | 9.8% |
| Montgomery County | 418 | 320 | $62m | 6.0% |
| Hamilton County | 150 | 104 | $25m | 10.0% |
| Delaware County | 144 | 101 | $44m | 9.6% |
| Miami County | 108 | 87 | $21m | 5.3% |
| Greene County | 106 | 79 | $20m | 8.5% |
| Butler County | 84 | 66 | $16m | 8.3% |
| Fairfield County | 100 | 64 | $19m | 13.0% |
| Cuyahoga County | 113 | 61 | $12m | 15.8% |
| Licking County | 95 | 54 | $16m | 14.1% |
| Warren County | 59 | 44 | $14m | 8.0% |
| Clark County | 44 | 36 | $6.6m | 5.1% |
| Lucas County | 54 | 30 | $5.8m | 11.8% |
| Pickaway County | 39 | 26 | $7.1m | 10.3% |
| Clermont County | 40 | 22 | $5.3m | 12.9% |
| Marion County | 29 | 21 | $4.1m | — |
| Union County | 36 | 20 | $6.9m | — |
| Summit County | 37 | 17 | $4.1m | — |
| Allen County | 31 | 17 | $3.0m | — |
| Stark County | 28 | 17 | $3.0m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Lower, LLC originate in Ohio in 2024?
1,912 loans totalling $490m, from 2,845 applications reported for properties in Ohio.
What is Lower, LLC's denial rate in Ohio?
10.8% of decided applications in Ohio were denied, against 23.5% for all lenders in the state and 12.7% 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 Lower, LLC lend in most?
By originations: Franklin County (463), Montgomery County (320), Hamilton County (104), Delaware County (101), Miami County (87).
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.