Applications / Mortgage Analytics / Lenders / Ohio / Bellwether Enterprise Real Estate Capital
Cleveland, OH · Independent non-bank lender · CFPB · 249 loans in 2025
Bellwether Enterprise Real Estate Capital's data, $215Buy the data, $2,110Get Jenner, the SAS-compatible software
249
loans originated, 2025
272
applications, 2025
39
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Bellwether Enterprise Real Estate Capital lends on large properties, not single homes: its typical loan in 2025 was $10.1 million, against $325,000 at similar lenders.
It made 249 loans in 2025. Refinances were 92.0% of them and the rest had no home-purchase or refinance purpose. It reports no borrower incomes, interest rates or prices, which fits loans to businesses rather than households. Comparisons with similar lenders (independent non-bank lenders making between half and twice as many loans) therefore say more about the kind of lending than about how it is done.
Its loans rose 43%, from 174 to 249, while similar lenders' were flat and the whole market grew 10%. It made 323 loans in 2021, then fewer each year until 2025.
Because each loan is so large, a few deals lift it high in dollar rankings: sixth of 621 lenders in Cincinnati and seventh in Dayton, both of which it has served since 2015. Those ranks reflect a handful of large properties, not a share of home buyers or owners. It lends in 39 states, with Ohio its base.
Of its loans, 37.5% financed property in low- and moderate-income (LMI) tracts, against 18.2% at similar lenders, higher than more than nine in ten of them. Some of its lending carries government backing: 5.6% insured by the Federal Housing Administration and 3.2% guaranteed by the Department of Agriculture's Rural Housing Service.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2018–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Bellwether Enterprise Real Estate Capital took 272 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Refinance 92.0% · Not applicable 8.0%
Conventional 91.2% · FHA 5.6% · USDA (RHS or FSA) 3.2% · of 249 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| Ohio | 48 | 19.3% |
| Kentucky | 18 | 7.2% |
| North Carolina | 17 | 6.8% |
| Georgia | 15 | 6.0% |
| California | 14 | 5.6% |
| Michigan | 14 | 5.6% |
| Minnesota | 14 | 5.6% |
| Indiana | 12 | 4.8% |
| Texas | 10 | 4.0% |
| Alabama | 8 | 3.2% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Cincinnati | 24 |
| Columbus | 13 |
| Dayton-Kettering-Beavercreek | 8 |
| Minneapolis-St. Paul-Bloomington | 8 |
| Louisville/Jefferson County | 7 |
| Charlotte-Concord-Gastonia | 6 |
| Atlanta-Sandy Springs-Roswell | 5 |
| Cleveland | 5 |
| Warren-Troy-Farmington Hills | 5 |
| Columbus | 4 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 549300RFPLMCMJL7BS81 | 2018–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 5082663 | 2016–2023 |
| Respondent ID (the HMDA filer code before 2018) | 7262916887 |
Established 23 June 2008. Reported under HMDA 2015-2025.
Mergers, name changes, data editions and corrections: Bellwether Enterprise Real Estate Capital's data.
Bellwether Enterprise Real Estate Capital's data
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Bellwether Enterprise Real Estate Capital and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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Every mortgage application reported under HMDA from 1990 to 2025, cleaned and corrected, every lender followed across name changes and mergers, with the market-share and fair-lending tables behind these pages and the Jenner programs that built them: the warehouse and the datamart, as Parquet files.
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