Primelending, a Plainscapital at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the A grade breaks down
Each component is a percentile rank among 101 large mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
86th6.4% deniedPricingmedian rate spread over APOR, weight 30%
72nd0.18 ptsProcesswithdrawn + incomplete share, weight 15%
76th13.4%Closing coststotal loan costs ÷ loan amount, weight 10%
62nd2.39% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 35,590 | 25,964 | 5.8% | 6.8% | 6.75% | $7.8B |
| 2024 | 34,113 | 25,147 | 5.6% | 6.5% | 6.75% | $8.0B |
| 2025 | 33,320 | 24,706 | 5.5% | 6.4% | 6.50% | $8.2B |
What Primelending, a Plainscapital 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, 778 manufactured homes, 1,304 investment properties.
Why Primelending, a Plainscapital denies applications
Primary reason reported for each of the 1,836 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Primelending, a Plainscapital
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 1,998 | 1,288 | 17.5% |
| $50k – $100k | 11,447 | 8,711 | 6.6% |
| $100k – $150k | 8,420 | 6,404 | 5.3% |
| $150k – $250k | 7,266 | 5,427 | 4.7% |
| Over $250k | 3,788 | 2,672 | 4.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 2,317 | 1,850 | 5.2% |
| 25–34 | 9,759 | 7,613 | 5.1% |
| 35–44 | 8,636 | 6,343 | 6.7% |
| 45–54 | 5,946 | 4,246 | 7.5% |
| 55–64 | 4,005 | 2,801 | 7.8% |
| 65–74 | 1,967 | 1,378 | 6.4% |
| Over 74 | 690 | 475 | 7.5% |
Where Primelending, a Plainscapital lends
51 states and 1,694 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 8,656 | 6,358 | 6.0% | 6.25% | #23 |
| South Carolina | 2,046 | 1,561 | 4.0% | 6.38% | #27 |
| Missouri | 1,896 | 1,496 | 2.4% | 6.50% | #30 |
| California | 1,810 | 1,208 | 7.6% | 6.50% | #112 |
| New York | 1,653 | 1,278 | 5.1% | 6.75% | #52 |
| Ohio | 1,466 | 1,134 | 4.5% | 6.75% | #62 |
| Florida | 1,315 | 931 | 8.5% | 6.49% | #126 |
| Washington | 956 | 716 | 3.6% | 6.49% | #66 |
| Pennsylvania | 950 | 746 | 4.3% | 6.50% | #94 |
| Arizona | 872 | 610 | 6.9% | 6.63% | #79 |
| Illinois | 820 | 608 | 5.7% | 6.75% | #91 |
| Georgia | 692 | 453 | 9.5% | 6.49% | #122 |
| Kansas | 584 | 461 | 3.4% | 6.75% | #43 |
| Minnesota | 578 | 418 | 4.3% | 6.63% | #74 |
| New Mexico | 571 | 416 | 7.2% | 6.63% | #30 |
| Connecticut | 558 | 406 | 3.6% | 6.75% | #56 |
| West Virginia | 530 | 380 | 9.8% | 6.38% | #24 |
| Maryland | 514 | 397 | 3.3% | 6.63% | #87 |
| North Carolina | 510 | 393 | 3.9% | 6.49% | #134 |
| Massachusetts | 497 | 339 | 11.5% | 6.68% | #89 |
| Nevada | 442 | 341 | 3.6% | 6.49% | #60 |
| Indiana | 417 | 325 | 3.8% | 6.88% | #133 |
| Michigan | 405 | 309 | 4.7% | 6.88% | #144 |
| Colorado | 383 | 299 | 3.7% | 6.50% | #126 |
| Alaska | 322 | 238 | 4.4% | 6.49% | #15 |
| Tennessee | 312 | 225 | 5.8% | 6.50% | #157 |
| Virginia | 302 | 225 | 5.3% | 6.63% | #160 |
| Oregon | 294 | 213 | 5.1% | 6.49% | #89 |
| Utah | 277 | 200 | 4.7% | 6.38% | #84 |
| Mississippi | 274 | 209 | 5.5% | 6.63% | #71 |
| Louisiana | 257 | 177 | 13.2% | 6.63% | #95 |
| Wisconsin | 237 | 198 | 2.5% | 6.75% | #137 |
| Montana | 211 | 166 | 2.4% | 6.63% | #48 |
| Arkansas | 206 | 146 | 1.5% | 6.50% | #111 |
| New Jersey | 199 | 151 | 6.0% | 6.88% | #197 |
| Idaho | 192 | 153 | 3.7% | 6.49% | #87 |
| Kentucky | 187 | 127 | 7.0% | 6.63% | #151 |
| Alabama | 186 | 121 | 9.7% | 6.49% | #160 |
| New Hampshire | 172 | 132 | 6.4% | 6.63% | #63 |
| Vermont | 96 | 76 | 5.2% | 6.63% | #44 |
| Oklahoma | 95 | 72 | 3.2% | 6.63% | #194 |
| Rhode Island | 93 | 67 | 11.8% | 6.63% | #72 |
| Nebraska | 71 | 59 | 1.4% | 6.63% | #124 |
| Delaware | 60 | 54 | 1.7% | 6.49% | #107 |
| Hawaii | 46 | 29 | 6.5% | 6.63% | #95 |
| Wyoming | 34 | 27 | 2.9% | 6.63% | #85 |
| Iowa | 28 | 22 | 7.1% | 6.63% | #272 |
| Maine | 26 | 21 | 3.9% | 6.55% | #157 |
| North Dakota | 10 | 6 | 20.0% | 6.43% | #125 |
| South Dakota | 8 | 6 | 0.0% | 6.56% | #151 |
Frequently asked questions
Primelending, a Plainscapital denied 6.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 86th percentile of large mortgage lenders.
The most common reason Primelending, a Plainscapital gave in 2025 was "debt-to-income ratio", cited on 49.4% 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 Primelending, a Plainscapital originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.18 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 84% of its applications were for home purchases, 14% for refinancing (including cash-out), and 2% for home improvement or other purposes. By loan type: 71% conventional, 19% FHA, 9% 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.