Plains Commerce Bank · Michigan · 2025

Plains Commerce Bank in Michigan: approval rate, denial rate and rates (2025)

Plains Commerce Bank took 293 mortgage applications in Michigan in 2025, ranking #174 of 973 lenders active in the state. It originated 57.0% of them and denied 5.8% (9.2% of the applications it decided), against a statewide denial rate of 18.5%.

293Applicationsin MI
9.2%Decision denial ratestate 22.6%
6.63%Median ratestate 6.75%
$285,000Median loanstate $155,000
$52MVolume39 counties

Plains Commerce Bank in Michigan vs the state

5.8%Denial rate-12.72 pts vs state
9.2%Decision denial rate-13.39 pts vs state
57.0%Origination rate-2.89 pts vs state
6.63%Median rate-0.13 pts vs state
0.35Rate spread (pts)-0.05 pts vs state
$125kMedian applicant income
167Loans originated
17Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234352421.2%6.88%#119
20245143081.4%6.88%#113
20252931675.8%6.63%#174

What Plains Commerce Bank lends in Michigan

By loan purpose

Home purchase 257 88% · 5.5% denied
Refinance 17 6% · 5.9% denied
Cash-out refinance 17 6% · 11.8% denied
Other / HELOC 2 1% · 0.0% denied

By loan type

Conventional 250 85% · 6.0% denied
FHA 27 9% · 7.4% denied
VA 15 5% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Michigan applicants

Debt-to-income ratio 9 53%
Unverifiable information 3 18%
Other 2 12%
Collateral 2 12%
Credit history 1 6%

Where in Michigan

Counties with the most Plains Commerce Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oakland County 87503 3.4%
Wayne County 48283 6.3%
Macomb County 45283 6.7%
Kent County 15101 6.7%
Genesee County 1370 0.0%
Livingston County 1271 8.3%
Saginaw County 860 0.0%
Monroe County 820 0.0%
Washtenaw County 530 0.0%
Kalamazoo County 502 40.0%

Other large lenders in Michigan

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 30,64416.3%6.75%
United Shore Financial ServicesB 29,33011.7%6.60%
The Huntington National BankD 20,04730.0%7.49%
Lake Michigan Credit UnionA 16,6625.6%6.75%
Fifth Third BankD 11,17626.4%7.50%
21st MortgageF 7,42453.4%11.04%
Citizens BankC 6,59229.0%7.65%
Triad Financial ServicesD 6,42656.1%8.49%
Union Home MortgageB 5,3034.3%6.75%
PNC BankD 5,16126.3%7.36%

Frequently asked questions

Michigan: 293 applications in 2025, of which 167 were originated and 17 denied.

5.8% of all applications, or 9.2% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

The median rate on loans Plains Commerce Bank originated in Michigan in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are Plains Commerce Bank'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