Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Lorain County, Ohio
Every institution that decided a 1–4 unit mortgage application in Lorain County between 2023 and 2025: 26,760 applications, 20,554 loans actually funded, across 8 kinds of borrowing.
Lorain County at a glance
26,760Applications decided
2023–2025
20,554Loans funded
77% of decisions
79Census tracts
15 ZIP codes
314,588People
ACS 2023
What the data shows
The typical purchase mortgage here is $205K.
Investment home improvement is the hardest money to get here: lenders approved 43% of 133 applications.
Lending by loan type in Lorain County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 89.7% | 12,630 | $205K | 98% | 327 |
| Home improvement loans | 61.6% | 4,516 | $75K | 94% | 100 |
| Cash-out refinance | 71.2% | 4,268 | $125K | 95% | 168 |
| Refinance | 77.7% | 3,683 | $105K | 94% | 170 |
| Investment property purchase | 87.5% | 958 | $105K | 95% | 156 |
| Investment cash-out refinance | 81.8% | 373 | $105K | 91% | 76 |
| Investment refinance | 80.4% | 199 | $95K | 92% | 49 |
| Investment home improvement | 42.9% | 133 | $75K | 91% | 31 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.