Plains Commerce Bank: 2025 mortgage rates, costs & approvals
How Plains Commerce Bank priced and approved home loans in 2025, measured against every lender in the official HMDA records.
HMDA legal name: Plains Commerce Bank · LEI 549300KJ8PAJ7E52HG32
In 2025, Plains Commerce Bank originated 10,740 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 51 states — 53rd by volume among the 2,017 lenders profiled here.
On conventional 30-year fixed purchase loans its median rate was 6.625% (all lenders: 6.625%); its median rate spread was 7 basis points above the national median. Median conventional loan costs were $7,420, 33% higher than the national median ($5,570).
It denied 8.2% of completed home-purchase applications (all lenders: 8.5%).
How Plains Commerce Bank priced home-purchase loans
| Purchase loans, 2025 | Plains Commerce Bank | All lenders |
|---|---|---|
| 30-year fixed rate · conventional | 6.625% | 6.625% |
| 30-year fixed rate · FHA | 6.250% | 6.250% |
| 30-year fixed rate · VA | 6.250% | 6.125% |
| 15-year fixed rate · conventional | 5.750% | 5.875% |
| Rate spread vs. APOR · conventional | +0.20 pts | +0.13 pts |
| Total loan costs · conventional | $7,420 | $5,570 |
| Total loan costs · FHA | $12,280 | $11,310 |
| Total loan costs · VA | $9,030 | $6,490 |
| Origination charges (all types) | $3,520 | $1,860 |
| Borrowers paying discount points | 56.6% | 51.3% |
| Points paid, when paid (% of loan) | 0.62% | 0.87% |
| Borrowers receiving lender credits | 41.2% | 33.1% |
Medians shown with at least 20 loans. A lender's numbers reflect its borrowers (credit, down payment, loan size, location) as well as its pricing; HMDA has no credit scores. Rate spread = APR minus the average prime offer rate on the lock date, which removes most of the effect of when the rate was locked.
Loan mix and borrowers
By loan type
By purpose
Why Plains Commerce Bank denied purchase applications
First reason the lender reported for each denied home-purchase application.
Where Plains Commerce Bank lends
| State | Loans | Applications | Purchase denial rate | 30-yr rate* | Loan costs* |
|---|---|---|---|---|---|
| Florida | 1,369 | 1,587 | 13.3% | 6.625% | $9,250 |
| South Dakota | 1,363 | 1,458 | 4.2% | 6.375% | $6,390 |
| Arizona | 1,051 | 1,144 | 8.1% | 6.500% | $7,920 |
| Texas | 1,009 | 1,137 | 10.4% | 6.625% | $9,290 |
| Utah | 651 | 689 | 4.4% | 6.500% | $7,130 |
| Colorado | 463 | 492 | 4.7% | 6.500% | $7,410 |
| Georgia | 378 | 401 | 5.3% | 6.625% | $7,990 |
| Minnesota | 324 | 364 | 10.8% | 6.625% | $5,480 |
| Nebraska | 305 | 332 | 7.2% | 6.625% | $4,250 |
| North Carolina | 276 | 289 | 4.3% | 6.625% | $5,680 |
| California | 235 | 255 | 6.1% | 6.625% | $10,490 |
| Iowa | 207 | 235 | 12.3% | 6.625% | $4,990 |
| Virginia | 181 | 213 | 13.4% | 6.625% | $7,370 |
| Washington | 179 | 198 | 8.6% | 6.625% | $9,600 |
| Oregon | 175 | 182 | 2.5% | 6.625% | $11,220 |
| Alabama | 170 | 184 | 6.1% | 6.750% | $4,630 |
| Nevada | 168 | 189 | 9.4% | 6.625% | $7,630 |
| Michigan | 145 | 155 | 5.6% | 6.625% | $5,120 |
| Missouri | 135 | 151 | 6.3% | 6.750% | $4,490 |
| Pennsylvania | 134 | 145 | 6.7% | 6.625% | $8,420 |
| South Carolina | 131 | 143 | 8.7% | 6.625% | $6,770 |
| Illinois | 128 | 147 | 11.7% | 6.490% | $8,170 |
| Kentucky | 127 | 131 | 2.6% | 6.750% | $6,130 |
| Tennessee | 115 | 133 | 12.6% | 6.500% | $8,680 |
| Ohio | 112 | 124 | 8.3% | 6.750% | $6,000 |
| Indiana | 107 | 117 | 10.1% | 6.750% | $6,680 |
| Wyoming | 98 | 106 | 4.4% | 6.500% | $5,960 |
| Wisconsin | 97 | 101 | 3.2% | 6.625% | $3,890 |
| Maryland | 94 | 108 | 11.8% | 6.625% | $7,700 |
| Idaho | 92 | 96 | 3.4% | 6.500% | $8,760 |
| Montana | 84 | 96 | 11.2% | 6.500% | $5,930 |
| New Jersey | 83 | 95 | 9.5% | 6.625% | $10,640 |
| New Mexico | 79 | 85 | 6.9% | 6.750% | $8,230 |
| Hawaii | 75 | 83 | 8.3% | 6.490% | $9,730 |
| Kansas | 66 | 78 | 15.3% | 6.750% | $5,740 |
| Arkansas | 55 | 61 | 8.3% | 6.750% | $4,920 |
| Louisiana | 55 | 61 | 8.8% | — | — |
| Massachusetts | 32 | 36 | 9.7% | 6.625% | $10,410 |
| New Hampshire | 32 | 36 | 10.0% | 6.490% | $8,680 |
| Oklahoma | 29 | 31 | 7.1% | — | — |
| Delaware | 29 | 29 | 0.0% | — | — |
| Vermont | 23 | 24 | 4.2% | 6.625% | $6,070 |
| West Virginia | 17 | 17 | — | — | — |
| Alaska | 16 | 17 | — | — | — |
| North Dakota | 14 | 16 | — | — | — |
| Connecticut | 8 | 12 | — | — | — |
| Mississippi | 8 | 12 | — | — | — |
| Maine | 6 | 9 | — | — | — |
| New York | 4 | 8 | — | — | — |
| Rhode Island | 4 | 4 | — | — | — |
| District of Columbia | 2 | 4 | — | — | — |
*Conventional home-purchase loans, medians with at least 20 loans. Linked state names open Plains Commerce Bank's page for that state.
Counties where Plains Commerce Bank is a top lender
| County | Rank | Loans | Market share |
|---|---|---|---|
| Jones County, SD | 4 | 1 | 25.0% |
| Hutchinson County, SD | 1 | 17 | 21.0% |
| Minnehaha County, SD | 1 | 626 | 20.4% |
| Lincoln County, SD | 1 | 268 | 20.2% |
| Campbell County, SD | 2 | 1 | 20.0% |
| Davison County, SD | 1 | 43 | 19.6% |
| Potter County, SD | 2 | 3 | 17.6% |
| Moody County, SD | 1 | 10 | 17.2% |
| Clay County, SD | 1 | 22 | 16.4% |
| Rock County, MN | 1 | 20 | 16.0% |
| Cedar County, NE | 1 | 8 | 15.7% |
| Hamlin County, SD | 1 | 13 | 15.7% |
| McCook County, SD | 1 | 14 | 15.6% |
| Weston County, WY | 2 | 10 | 14.9% |
| Clarke County, AL | 1 | 23 | 14.4% |
Check Plains Commerce Bank yourself
- FFIEC HMDA Data Browser — the official 2025 records filed under LEI 549300KJ8PAJ7E52HG32.
- NMLS Consumer Access — confirm the company and loan officer are licensed in your state.
- CFPB Consumer Complaint Database — search complaints by company name.
- Compare your Loan Estimate from Plains Commerce Bank with similar 2025 loans.
This is a statistical profile, not a review or recommendation. HMDA data alone cannot show whether a lender complies with fair-lending laws, and a lender's medians depend on the borrowers it serves.
Lenders of similar size
Source: FFIEC/CFPB HMDA 2025 public LAR and filer list. Core segment: owner-occupied, single-family site-built, first-lien, closed-end purchase and refinance loans. Methodology