Bpl Mortgage Trust in Michigan vs the state
11.8%Denial rate-6.72 pts vs state
13.2%Decision denial rate-9.34 pts vs state
68.7%Origination rate+8.85 pts vs state
7.63%Median rate+0.88 pts vs state
—Rate spread (pts)
—Median applicant income
431Loans originated
74Denied
Trend in Michigan
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 243 | 158 | 5.8% | 8.38% | #162 |
| 2024 | 424 | 271 | 12.7% | 7.88% | #132 |
| 2025 | 627 | 431 | 11.8% | 7.63% | #109 |
What Bpl Mortgage Trust lends in Michigan
By loan purpose
By loan type
Why it denied Michigan applicants
Where in Michigan
Counties with the most Bpl Mortgage Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Wayne County | 479 | 331 | 56 | 11.7% |
| Oakland County | 27 | 21 | 3 | 11.1% |
| Genesee County | 23 | 13 | 6 | 26.1% |
| Macomb County | 19 | 15 | 1 | 5.3% |
| Ingham County | 19 | 15 | 1 | 5.3% |
| Jackson County | 7 | 5 | 1 | 14.3% |
| Kent County | 6 | 5 | 1 | 16.7% |
| Calhoun County | 5 | 4 | 0 | 0.0% |
| St. Clair County | 4 | 3 | 1 | 25.0% |
| Muskegon County | 4 | 4 | 0 | 0.0% |
Other large lenders in Michigan
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 30,644 | 16.3% | 6.75% |
| United Shore Financial Services | B | 29,330 | 11.7% | 6.60% |
| The Huntington National Bank | D | 20,047 | 30.0% | 7.49% |
| Lake Michigan Credit Union | A | 16,662 | 5.6% | 6.75% |
| Fifth Third Bank | D | 11,176 | 26.4% | 7.50% |
| 21st Mortgage | F | 7,424 | 53.4% | 11.04% |
| Citizens Bank | C | 6,592 | 29.0% | 7.65% |
| Triad Financial Services | D | 6,426 | 56.1% | 8.49% |
| Union Home Mortgage | B | 5,303 | 4.3% | 6.75% |
| PNC Bank | D | 5,161 | 26.3% | 7.36% |
Frequently asked questions
Michigan: 627 applications in 2025, of which 431 were originated and 74 denied.
11.8% of all applications, or 13.2% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.
The median rate on loans Bpl Mortgage Trust originated in Michigan in 2025 was 7.63%, against a statewide median of 6.75%.
About this data. Figures are Bpl Mortgage Trust's own HMDA filing for properties located in Michigan, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology