Lenders › Plaza Home Mortgage, Inc › Michigan
Plaza Home Mortgage, Inc in Michigan
HMDA record for properties in Michigan, calendar year 2024. National record · Michigan overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In Michigan, Plaza Home Mortgage, Inc reported 697 applications and 437 originations for 2024, $101m in all.
Its denial rate in the state was 25.9%, above the Michigan rate of 23.9% across all lenders and compared with the lender's national rate of 27.2%.
The median rate spread on its Michigan originations was 0.5 percentage points (state median 0.5).
Applications in the state were up 52% on 2023.
Compared with the state and the lender's national record
| Measure | In Michigan | Michigan, all lenders | Plaza Home Mortgage, Inc, all states | United States |
|---|---|---|---|---|
| Denial rate | 25.9% | 23.9% | 27.2% | 24.3% |
| Median rate spread, pp | 0.5 | 0.5 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 17.1% | 18.4% | 14.4% | 15.6% |
| Average originated loan | $231k | $212k | $320k | $329k |
| Home purchase share | 80.5% | 51.2% | 77.3% | 57.0% |
| FHA-insured share | 24.0% | 10.0% | 30.3% | 13.4% |
| VA-guaranteed share | 4.3% | 4.5% | 8.9% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMichigan, all lenders
Loan purpose and loan type in Michigan
By purpose
Home purchase 81% (352)Refinancing 4% (19)Cash-out refinancing 15% (66)
By type
Conventional 70% (307)FHA 24% (105)VA 4% (19)USDA 1% (6)
Denial reasons as coded
Share of 158 denials in Michigan by first denial reason coded (outlined bar: all lenders in the state).
Counties in Michigan
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Oakland County | 125 | 98 | $29m | 14.5% |
| Macomb County | 129 | 91 | $20m | 22.0% |
| Wayne County | 145 | 70 | $13m | 35.3% |
| Genesee County | 33 | 25 | $4.8m | 24.2% |
| Kent County | 34 | 24 | $6.1m | 22.6% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Plaza Home Mortgage, Inc originate in Michigan in 2024?
437 loans totalling $101m, from 697 applications reported for properties in Michigan.
What is Plaza Home Mortgage, Inc's denial rate in Michigan?
25.9% of decided applications in Michigan were denied, against 23.9% for all lenders in the state and 27.2% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Michigan counties does Plaza Home Mortgage, Inc lend in most?
By originations: Oakland County (98), Macomb County (91), Wayne County (70), Genesee County (25), Kent County (24).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Michigan. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.