Planet Home Lending, LLC: 2025 mortgage rates, costs & approvals
How Planet Home Lending, LLC priced and approved home loans in 2025, measured against every lender in the official HMDA records.
HMDA legal name: PLANET HOME LENDING, LLC · LEI 54930021WPEXNHYZUL09
In 2025, Planet Home Lending, LLC originated 11,770 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 51 states — 42nd 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 $6,020, 8% higher than the national median ($5,570).
It denied 14.7% of completed home-purchase applications (all lenders: 8.5%).
How Planet Home Lending, LLC priced home-purchase loans
| Purchase loans, 2025 | Planet Home Lending, LLC | 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 | 6.125% | 6.125% |
| 15-year fixed rate · conventional | 6.125% | 5.875% |
| Rate spread vs. APOR · conventional | +0.20 pts | +0.13 pts |
| Total loan costs · conventional | $6,020 | $5,570 |
| Total loan costs · FHA | $10,500 | $11,310 |
| Total loan costs · VA | $6,110 | $6,490 |
| Origination charges (all types) | $2,070 | $1,860 |
| Borrowers paying discount points | 54.9% | 51.3% |
| Points paid, when paid (% of loan) | 0.84% | 0.87% |
| Borrowers receiving lender credits | 53.1% | 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 Planet Home Lending, LLC denied purchase applications
First reason the lender reported for each denied home-purchase application.
Where Planet Home Lending, LLC lends
| State | Loans | Applications | Purchase denial rate | 30-yr rate* | Loan costs* |
|---|---|---|---|---|---|
| Texas | 1,392 | 1,640 | 11.8% | 6.500% | $6,800 |
| Florida | 948 | 1,210 | 15.6% | 6.625% | $6,930 |
| California | 795 | 980 | 16.0% | 6.750% | $7,400 |
| Georgia | 705 | 873 | 17.3% | 6.500% | $6,640 |
| Pennsylvania | 524 | 661 | 19.3% | 6.625% | $6,150 |
| Louisiana | 476 | 573 | 17.9% | 6.750% | $4,870 |
| Virginia | 419 | 489 | 11.8% | 6.750% | $6,330 |
| Ohio | 362 | 448 | 21.8% | 6.500% | $4,810 |
| Alabama | 332 | 396 | 16.5% | 6.500% | $3,960 |
| Missouri | 323 | 397 | 19.1% | — | — |
| Colorado | 318 | 362 | 7.1% | 6.625% | $5,400 |
| North Carolina | 306 | 374 | 11.7% | — | — |
| Wisconsin | 303 | 378 | 18.1% | 6.625% | $3,020 |
| Illinois | 295 | 372 | 21.6% | 6.625% | $3,810 |
| Kansas | 288 | 323 | 8.8% | 6.625% | $3,840 |
| New York | 279 | 333 | 14.3% | — | — |
| Idaho | 277 | 304 | 5.8% | 6.500% | $8,260 |
| Arizona | 260 | 305 | 14.0% | 6.625% | $7,440 |
| Tennessee | 249 | 313 | 25.0% | — | — |
| South Carolina | 229 | 288 | 14.3% | — | — |
| Mississippi | 224 | 260 | 11.4% | — | — |
| Washington | 221 | 270 | 7.7% | 6.625% | $7,070 |
| Indiana | 217 | 260 | 14.3% | — | — |
| Kentucky | 213 | 254 | 17.2% | — | — |
| Michigan | 207 | 259 | 16.1% | — | — |
| Maryland | 152 | 194 | 17.2% | — | — |
| Utah | 150 | 163 | 6.3% | 6.500% | $7,330 |
| New Jersey | 146 | 189 | 20.0% | — | — |
| Nevada | 143 | 182 | 10.2% | 6.500% | $5,830 |
| Minnesota | 141 | 157 | 6.3% | 6.750% | $5,230 |
| Oklahoma | 136 | 182 | 22.9% | — | — |
| Arkansas | 121 | 151 | 17.5% | — | — |
| Oregon | 70 | 88 | — | — | — |
| Iowa | 63 | 78 | — | — | — |
| Nebraska | 60 | 80 | — | — | — |
| West Virginia | 60 | 75 | — | — | — |
| Connecticut | 58 | 70 | — | — | — |
| New Mexico | 54 | 68 | — | — | — |
| Massachusetts | 47 | 52 | — | — | — |
| Hawaii | 26 | 29 | — | — | — |
| Delaware | 25 | 28 | — | — | — |
| Montana | 22 | 23 | — | — | — |
| South Dakota | 21 | 25 | — | — | — |
| New Hampshire | 21 | 24 | — | — | — |
| Maine | 21 | 23 | — | — | — |
| Alaska | 16 | 23 | — | — | — |
| Wyoming | 15 | 22 | — | — | — |
| North Dakota | 15 | 21 | — | — | — |
| District of Columbia | 13 | 14 | — | — | — |
| Rhode Island | 10 | 17 | — | — | — |
| Vermont | 2 | 3 | — | — | — |
*Conventional home-purchase loans, medians with at least 20 loans. Linked state names open Planet Home Lending, LLC's page for that state.
Counties where Planet Home Lending, LLC is a top lender
| County | Rank | Loans | Market share |
|---|---|---|---|
| Sterling County, TX | 1 | 1 | 25.0% |
| Pearl River County, MS | 1 | 81 | 10.9% |
| Treutlen County, GA | 3 | 2 | 9.5% |
| Tillman County, OK | 2 | 3 | 8.6% |
| Jerome County, ID | 4 | 28 | 8.3% |
| Hall County, TX | 3 | 2 | 8.0% |
| De Soto Parish, LA | 2 | 21 | 8.0% |
| Wheatland County, MT | 4 | 1 | 7.7% |
| Greene County, AL | 3 | 1 | 7.1% |
| Sutton County, TX | 3 | 1 | 6.7% |
| Caddo Parish, LA | 1 | 125 | 6.3% |
| West Carroll Parish, LA | 6 | 3 | 5.6% |
| Chautauqua County, KS | 5 | 1 | 5.3% |
| Ness County, KS | 5 | 1 | 5.3% |
| Upton County, TX | 7 | 1 | 5.3% |
Check Planet Home Lending, LLC yourself
- FFIEC HMDA Data Browser — the official 2025 records filed under LEI 54930021WPEXNHYZUL09.
- 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 Planet Home Lending, LLC 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