We’ve updated our list of the top mortgage companies in Cincinnati.
Mortgage lenders originated 13 million loans in the U.S. in 2020. We’ve gone a little deeper and analyzed the data for Cincinnati.
The Full List – Top Mortgage Companies in Cincinnati
Here is our list of the largest mortgage companies in Cincinnati.
| $ Rank | # Rank | Mortgage Company | Units | Volume ($Millions) |
|---|---|---|---|---|
| 1 | 1 | UNION SAVINGS BANK | 9,373 | $2,059 |
| 2 | 3 | GUARDIAN SAVINGS BANK | 5,006 | $960 |
| 3 | 4 | QUICKEN LOANS INC. | 4,870 | $959 |
| 4 | 2 | FIFTH THIRD BANK, NATIONAL ASSOCIATION | 5,252 | $956 |
| 5 | 5 | THE HUNTINGTON NATIONAL BANK | 3,631 | $858 |
| 6 | 6 | GUARANTEED RATE, INC. | 3,208 | $768 |
| 7 | 7 | US BANK NATIONAL ASSOCIATION | 3,149 | $612 |
| 8 | 8 | FREEDOM MORTGAGE CORPORATION | 2,443 | $458 |
| 9 | 9 | CALIBER HOME LOANS, INC. | 1,914 | $381 |
| 10 | 12 | PRIMELENDING, A PLAINSCAPITAL COMPANY | 1,734 | $374 |
| 11 | 22 | GENERAL ELECTRIC CREDIT UNION | 1,081 | $372 |
| 12 | 16 | 1ST NATIONAL BANK | 1,371 | $352 |
| 13 | 10 | AMERICAN MORTGAGE SERVICE COMPANY | 1,745 | $348 |
| 14 | 13 | THIRD FEDERAL SAVINGS AND LOAN ASSOCIATION OF CLEVELAND | 1,658 | $341 |
| 15 | 11 | FIRST FINANCIAL BANK | 1740 | $310 |
| 16 | 15 | PNC BANK, NATIONAL ASSOCIATION | 1,419 | $293 |
| 17 | 17 | RUOFF MORTGAGE COMPANY, INC. | 1,334 | $292 |
| 18 | 14 | NATIONS RELIABLE LENDING, LLC | 1,493 | $290 |
| 19 | 18 | CINCINNATI FEDERAL | 1,287 | $279 |
| 20 | 20 | UNITED SHORE FINANCIAL SERVICES, LLC | 1,177 | $276 |
| 21 | 24 | VICTORY MORTGAGE, L.L.C. | 1,015 | $269 |
| 22 | 21 | JPMORGAN CHASE BANK, NATIONAL ASSOCIATION | 1,168 | $265 |
| 23 | 19 | UNION HOME MORTGAGE CORP. | 1218 | $248 |
| 24 | 23 | SIBCY CLINE MORTGAGE SERVICES, INC. | 1,033 | $245 |
| 25 | 28 | TCF NATIONAL BANK | 828 | $234 |
Our list is based on the 2020 HMDA loan level database. We exclude subordinate liens and commercial properties.
The Cincinnati MSA is based on the counties identified by the OMB. Therefore, the following counties are included:
- Dearborn County
- Franklin County
- Ohio County
- Union County
- Boone County
- Bracken County
- Campbell County
- Gallatin County
- Grant County
- Kenton County
- Pendleton County
- Brown County
- Butler County
- Clermont County
- Hamilton County
- Warren County
How Should I Compare the Top Mortgage Companies in Cincinnati?
Banks are required to send you a loan estimate after you apply for a mortgage. You’ll find a comparisons section on the 3rd page of the loan estimate.
Annual percentage rate, or APR, combines up-front charges with monthly charges going forward and presents them as a rate. Some people find this difficult to understand, because we don’t buy things in percentages in our daily lives. The cashier at the grocery store doesn’t give you a percentage when you check out. They give you a dollar amount.
That’s why, if you’re going to focus on one comparison, “in five years” is a good choice. This shows you the total amount you’ll pay over a five-year period, along with the amount of the mortgage balance you’ll have paid off.
When you receive mortgage quotes from loan officers on Bundle, you’ll be able to compare both the APR and the “in 5 years” numbers side-by-side of each bid.
What are Custom Mortgage Rates?
When you search for mortgage rates online, you are looking at advertised mortgage rates. These advertised rates often assume a nearly perfect credit score and a large down payment.
It’s important to request personalized quotes so you can compare mortgage costs based on your individual situation.
If you don’t have a 20% down payment, you’ll need mortgage insurance. You may also have additional interest rate adjustments based on your down payment, credit profile, or other factors.
How Do I Find the Best Mortgage Rates?
First, as we just discussed, it’s important to compare the total cost of your mortgage and not just the interest rate. A bank might send you a quote for a low interest rate, but charge you high fees and points that completely offset the benefit of the lower interest rate.
Unless you talk with every bank, it’s impossible to guarantee you are receiving the absolute best mortgage rate. We recommend you compare at least 3 mortgage banks when you are ready to apply for a mortgage. Make sure you tell the banks that you are shopping around so they give you the best quote.
When you use Bundle, we automatically connect you with 3 loan officers licensed in your area.