Bpl Mortgage Trust at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D grade breaks down
Each component is a percentile rank among 220 investment-property lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
16th13.8% deniedProcesswithdrawn + incomplete share, weight 15%
43rd6.6%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 5,749 | 3,978 | 4.8% | 5.3% | 8.25% | $761M |
| 2024 | 7,509 | 5,338 | 9.7% | 10.5% | 7.75% | $913M |
| 2025 | 10,284 | 7,256 | 12.9% | 13.8% | 7.50% | $1.3B |
What Bpl Mortgage Trust lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 10,281 investment properties.
Why Bpl Mortgage Trust denies applications
Primary reason reported for each of the 1,324 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Bpl Mortgage Trust
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 114 | 72 | 21.2% |
| 35–44 | 162 | 126 | 11.0% |
| 45–54 | 140 | 103 | 9.2% |
| 55–64 | 123 | 92 | 13.2% |
| 65–74 | 58 | 42 | 12.7% |
Where Bpl Mortgage Trust lends
47 states and 790 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Ohio | 2,012 | 1,513 | 11.0% | 7.50% | #50 |
| Pennsylvania | 977 | 757 | 10.5% | 7.38% | #88 |
| Illinois | 674 | 469 | 16.0% | 7.88% | #107 |
| Michigan | 627 | 431 | 11.8% | 7.63% | #109 |
| New Jersey | 478 | 321 | 13.2% | 7.50% | #122 |
| Texas | 467 | 319 | 15.2% | 7.38% | #272 |
| Missouri | 453 | 365 | 6.8% | 7.38% | #98 |
| New York | 442 | 241 | 21.0% | 7.63% | #147 |
| Alabama | 439 | 292 | 10.7% | 7.50% | #93 |
| Florida | 388 | 222 | 19.3% | 7.25% | #277 |
| Georgia | 372 | 244 | 16.9% | 7.38% | #178 |
| Tennessee | 329 | 224 | 15.5% | 7.25% | #155 |
| Maryland | 311 | 185 | 17.0% | 7.38% | #125 |
| Indiana | 298 | 208 | 14.8% | 7.50% | #159 |
| Mississippi | 249 | 164 | 14.9% | 7.38% | #74 |
| North Carolina | 236 | 182 | 8.1% | 7.38% | #216 |
| Oklahoma | 203 | 146 | 8.9% | 7.50% | #124 |
| Connecticut | 150 | 124 | 10.7% | 7.47% | #135 |
| Wisconsin | 137 | 98 | 13.9% | 7.50% | #219 |
| Kansas | 129 | 93 | 3.9% | 7.75% | #140 |
| Louisiana | 102 | 80 | 8.8% | 7.50% | #176 |
| South Carolina | 92 | 59 | 12.0% | 7.13% | #266 |
| Virginia | 89 | 64 | 12.4% | 7.25% | #301 |
| Arkansas | 75 | 52 | 18.7% | 7.15% | #178 |
| California | 74 | 38 | 25.7% | 7.03% | #481 |
| Kentucky | 59 | 52 | 6.8% | 7.13% | #250 |
| Delaware | 54 | 41 | 3.7% | 7.50% | #113 |
| Massachusetts | 45 | 32 | 15.6% | 7.13% | #340 |
| Arizona | 41 | 35 | 2.4% | 6.75% | #337 |
| Rhode Island | 39 | 34 | 0.0% | 7.47% | #109 |
| West Virginia | 37 | 25 | 13.5% | 7.74% | #156 |
| Colorado | 30 | 18 | 23.3% | 6.75% | #365 |
| District of Columbia | 28 | 14 | 17.9% | 6.44% | #102 |
| Minnesota | 27 | 17 | 25.9% | 7.69% | #356 |
| Iowa | 22 | 20 | 4.6% | 7.63% | #290 |
| Oregon | 19 | 19 | 0.0% | 6.25% | #300 |
| Nebraska | 17 | 14 | 5.9% | 6.81% | #220 |
| Utah | 12 | 12 | 0.0% | 5.94% | #273 |
| Idaho | 11 | 9 | 9.1% | 6.88% | #265 |
| New Mexico | 11 | 8 | 9.1% | 7.42% | #250 |
| Washington | 10 | 6 | 30.0% | 6.56% | #460 |
| Maine | 7 | 2 | 42.9% | 7.56% | #243 |
Frequently asked questions
Bpl Mortgage Trust denied 13.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 16th percentile of investment-property lenders.
The most common reason Bpl Mortgage Trust gave in 2025 was "other", cited on 49.8% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Bpl Mortgage Trust originated in 2025 was 7.50%, and its median rate spread over the average prime offer rate was 0.00 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 37% of its applications were for home purchases, 63% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.