Plus Relocation Mortgage at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
97th0.0% deniedPricingmedian rate spread over APOR, weight 30%
51st0.27 ptsProcesswithdrawn + incomplete share, weight 15%
11th25.0%Closing coststotal loan costs ÷ loan amount, weight 10%
75th1.28% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 165 | 131 | 0.6% | 0.8% | 6.88% | $58M |
| 2024 | 192 | 159 | 1.0% | 1.2% | 6.88% | $71M |
| 2025 | 160 | 119 | 0.0% | 0.0% | 6.88% | $56M |
What Plus Relocation Mortgage 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, 3 investment properties.
Who gets approved at Plus Relocation Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $100k – $150k | 26 | 20 | 0.0% |
| $150k – $250k | 72 | 56 | 0.0% |
| Over $250k | 36 | 26 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 21 | 14 | 0.0% |
| 35–44 | 64 | 47 | 0.0% |
| 45–54 | 44 | 37 | 0.0% |
| 55–64 | 27 | 21 | 0.0% |
Where Plus Relocation Mortgage lends
25 states and 103 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Michigan | 24 | 15 | 0.0% | 6.88% | #411 |
| Virginia | 20 | 13 | 0.0% | 6.88% | #491 |
| Minnesota | 18 | 14 | 0.0% | 6.75% | #401 |
| Florida | 10 | 9 | 0.0% | 6.88% | #928 |
| Illinois | 10 | 8 | 0.0% | 6.93% | #681 |
| Texas | 9 | 8 | 0.0% | 6.56% | #975 |
| California | 8 | 6 | 0.0% | 7.06% | #762 |
| North Carolina | 8 | 3 | 0.0% | 7.13% | #663 |
| Georgia | 6 | 3 | 0.0% | 6.38% | #734 |
| Idaho | 6 | 5 | 0.0% | 6.99% | #322 |
| Indiana | 5 | 4 | 0.0% | 6.81% | #647 |
Frequently asked questions
Plus Relocation Mortgage denied 0.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 97th percentile of small mortgage lenders.
The median interest rate on loans Plus Relocation Mortgage originated in 2025 was 6.88%, and its median rate spread over the average prime offer rate was 0.27 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 82% of its applications were for home purchases, 18% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 89% conventional, 3% FHA, 8% 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.