PlainLender

BLG Holdings Inc.

Flint, MI

BLG Holdings Inc. processed 590 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 476 loans with a 1.9% denial rate. Home Purchase was the primary loan purpose. Based in Flint, MI. The approval rate of 80.7% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. BLG Holdings Inc. processed 590 HMDA-reported mortgage applications in 2024, originating 476 loans and denying 11 for a denial rate of 1.9% (applicants themselves withdrew 103 files before a decision). The average loan amount was $191,441 at a 6.886% average note rate, and applicants self-reported an average income of $38,000. The lender reports under LEI 549300SKVC0LU4RBMF20 from Flint, MI.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. BLG Holdings Inc.'s 80.7% origination rate tells you how often an application turned into funded money; the 1.9% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Insufficient cash, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (399 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

590
Applications
476
Originated
1.9%
Denial Rate
$191,441
Avg Loan Amount
Avg Interest Rate: 6.886% Avg Applicant Income: $38,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 399 324 6 $190,689
FHA 140 110 5 $182,786
USDA 31 28 0 $173,387
VA 20 14 0 $295,000

Top loan types — BLG Holdings Inc.

Top loan types — BLG Holdings Inc. Horizontal bar chart of the top 4 items by value (applications). Top loan types — BLG Holdings Inc. Top 4 1. Conventional 399 2. FHA 140 3. USDA 31 4. VA 20 Top 5 loan types by application volume at BLG Holdings Inc. (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for BLG Holdings Inc. (LEI: 549300SKVC0LU4RBMF20) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
7
Insufficient cash
3
Other
2
Unverifiable information
1
Credit history
1
Employment history
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 536 446 $192,631
Cash-out Refinancing 38 21 $185,263
Refinancing 16 9 $166,250

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 486 81.7% 1.9%
American Indian or Alaska Native 19 89.5% 0.0%
Black or African American 18 77.8% 0.0%
Joint 7 71.4% 0.0%
Asian 2 50.0% 0.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 499 81.4% 1.8%
Hispanic or Latino 20 85.0% 0.0%
Joint 6 83.3% 0.0%

Nearby Lenders in MI

Other HMDA-reporting lenders in MI with similar activity. Compare any two side-by-side.

ROCKET MORTGAGE

DETROIT, MI

553,854 apps 361,071 originated 14.9% denied

United Wholesale Mortgage

Pontiac, MI

493,978 apps 366,078 originated 11.7% denied

Flagstar Bank NA

Troy, MI

67,778 apps 29,443 originated 18.5% denied

Lake Michigan Credit Union

Grand Rapids, MI

16,222 apps 12,245 originated 8.3% denied

Northpointe Bank

Grand Rapids, MI

9,882 apps 5,580 originated 5.5% denied
Compare BLG Holdings Inc. vs ROCKET MORTGAGE →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

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Frequently Asked Questions

How many mortgage applications did BLG Holdings Inc. process?
BLG Holdings Inc. processed 590 mortgage applications in the 2023 HMDA reporting year. Of these, 476 were originated (approved and funded), 103 were withdrawn by the applicant, and 11 were denied.
What is BLG Holdings Inc.'s mortgage approval rate?
BLG Holdings Inc. has an approval (origination) rate of 80.7%, meaning 80.7% of all applications resulted in a funded mortgage. The denial rate is 1.9%.
What is the average loan amount at BLG Holdings Inc.?
The average mortgage loan amount at BLG Holdings Inc. is $191,441. The average interest rate is 6.886%. The average applicant income is $38,000.
What are the most common reasons for mortgage denial at BLG Holdings Inc.?
The most common reasons for mortgage denial at BLG Holdings Inc. are: Debt-to-income ratio, Insufficient cash, Other. In total, 11 applications were denied out of 590 total applications.
What types of mortgage loans does BLG Holdings Inc. offer?
BLG Holdings Inc. processes Conventional, FHA, USDA, VA loans. The most common type is Conventional with 399 applications and an average loan amount of $190,689.
What loan purposes does BLG Holdings Inc. serve?
BLG Holdings Inc. serves the following loan purposes: Home Purchase (536 applications), Cash-out Refinancing (38 applications), Refinancing (16 applications). Home Purchase is the most common purpose.
Where is BLG Holdings Inc. located?
BLG Holdings Inc. is headquartered in Flint, MI. The lender is identified by LEI 549300SKVC0LU4RBMF20 in HMDA data.
How does BLG Holdings Inc. compare in lending across racial demographics?
BLG Holdings Inc. reports demographic lending data under HMDA requirements. White applicants have an approval rate of 81.7% and denial rate of 1.9%; American Indian or Alaska Native applicants have an approval rate of 89.5% and denial rate of 0.0%; Black or African American applicants have an approval rate of 77.8% and denial rate of 0.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology — how this data is sourced, computed, and verified.