Portage Community Bank 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%
68th6.0% deniedPricingmedian rate spread over APOR, weight 30%
53rd0.24 ptsProcesswithdrawn + incomplete share, weight 15%
61st9.2%Closing coststotal loan costs ÷ loan amount, weight 10%
47th2.00% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 310 | 265 | 4.8% | 5.3% | — | $55M |
| 2024 | 272 | 215 | 8.1% | 9.0% | — | $48M |
| 2025 | 314 | 264 | 5.4% | 6.0% | 6.63% | $65M |
What Portage Community Bank 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, 6 manufactured homes, 55 investment properties.
Why Portage Community Bank denies applications
Primary reason reported for each of the 17 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Portage Community Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 34 | 25 | 16.7% |
| $50k – $100k | 106 | 87 | 9.2% |
| $100k – $150k | 68 | 56 | 3.3% |
| $150k – $250k | 47 | 39 | 2.5% |
| Over $250k | 23 | 21 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 20 | 18 | 0.0% |
| 25–34 | 83 | 73 | 2.7% |
| 35–44 | 57 | 42 | 12.2% |
| 45–54 | 48 | 39 | 11.1% |
| 55–64 | 46 | 37 | 5.0% |
| 65–74 | 21 | 17 | 10.0% |
Where Portage Community Bank lends
2 states and 22 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Portage Community Bank denied 6.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 68th percentile of small mortgage lenders.
The most common reason Portage Community Bank gave in 2025 was "debt-to-income ratio", cited on 47.1% 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 Portage Community Bank originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.24 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 81% of its applications were for home purchases, 13% for refinancing (including cash-out), and 5% for home improvement or other purposes. By loan type: 90% conventional, 9% FHA, 2% 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.