A&D Mortgage at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C 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%
62nd13.1% deniedPricingmedian rate spread over APOR, weight 30%
47th0.33 ptsProcesswithdrawn + incomplete share, weight 15%
23rd29.6%Closing coststotal loan costs ÷ loan amount, weight 10%
32nd2.86% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 10,327 | 6,159 | 6.6% | 9.7% | 8.63% | $2.4B |
| 2024 | 15,913 | 8,404 | 10.8% | 16.7% | 7.75% | $3.0B |
| 2025 | 24,436 | 14,692 | 9.2% | 13.1% | 6.75% | $5.9B |
What A&D Mortgage 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, 3,561 manufactured homes, 10,312 investment properties.
Why A&D Mortgage denies applications
Primary reason reported for each of the 2,246 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at A&D Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 466 | 230 | 32.2% |
| $50k – $100k | 3,364 | 2,182 | 12.8% |
| $100k – $150k | 3,352 | 2,190 | 11.1% |
| $150k – $250k | 3,751 | 2,484 | 8.5% |
| Over $250k | 3,522 | 2,039 | 12.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 555 | 333 | 17.4% |
| 25–34 | 4,195 | 2,682 | 10.9% |
| 35–44 | 7,138 | 4,335 | 13.0% |
| 45–54 | 6,290 | 3,770 | 13.9% |
| 55–64 | 4,228 | 2,443 | 12.6% |
| 65–74 | 1,580 | 892 | 14.7% |
| Over 74 | 447 | 235 | 15.9% |
Where A&D Mortgage lends
51 states and 1,286 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Florida | 8,739 | 5,245 | 9.5% | 6.99% | #23 |
| California | 2,517 | 1,446 | 10.1% | 6.49% | #81 |
| Texas | 1,881 | 1,050 | 11.3% | 6.75% | #107 |
| New York | 1,739 | 948 | 10.0% | 6.99% | #48 |
| New Jersey | 839 | 453 | 10.4% | 6.88% | #75 |
| Illinois | 816 | 550 | 8.0% | 6.63% | #92 |
| Georgia | 757 | 471 | 8.2% | 6.50% | #114 |
| Arizona | 693 | 471 | 3.9% | 6.49% | #91 |
| Pennsylvania | 579 | 339 | 8.3% | 6.99% | #141 |
| South Carolina | 411 | 296 | 4.6% | 6.50% | #116 |
| North Carolina | 380 | 252 | 6.1% | 6.75% | #163 |
| Virginia | 378 | 238 | 7.1% | 6.50% | #135 |
| Ohio | 362 | 225 | 8.8% | 6.75% | #175 |
| Minnesota | 330 | 267 | 3.0% | 6.49% | #109 |
| Maryland | 329 | 198 | 12.8% | 6.63% | #118 |
| Tennessee | 303 | 174 | 9.9% | 6.49% | #162 |
| Connecticut | 289 | 179 | 8.0% | 6.99% | #80 |
| Washington | 288 | 166 | 9.7% | 6.49% | #155 |
| Oregon | 286 | 202 | 6.3% | 6.49% | #92 |
| Nevada | 263 | 162 | 8.8% | 6.88% | #85 |
| Indiana | 252 | 159 | 5.2% | 6.63% | #176 |
| Colorado | 211 | 124 | 8.1% | 6.49% | #180 |
| Michigan | 209 | 129 | 8.6% | 6.63% | #203 |
| Kentucky | 158 | 101 | 7.6% | 6.63% | #165 |
| Alabama | 153 | 86 | 12.4% | 6.38% | #180 |
| Wisconsin | 152 | 104 | 4.0% | 6.31% | #199 |
| Massachusetts | 134 | 84 | 11.9% | 7.25% | #217 |
| Missouri | 129 | 71 | 23.3% | 6.63% | #237 |
| Utah | 92 | 48 | 16.3% | 6.38% | #135 |
| U.S. Virgin Islands | 86 | 56 | 8.1% | 6.88% | #2 |
| Idaho | 62 | 43 | 6.5% | 6.63% | #148 |
| Kansas | 60 | 37 | 5.0% | 6.50% | #209 |
| New Mexico | 58 | 28 | 12.1% | 6.75% | #137 |
| Oklahoma | 55 | 29 | 16.4% | 6.99% | #247 |
| Louisiana | 52 | 27 | 9.6% | 6.99% | #249 |
| North Dakota | 39 | 30 | 5.1% | 6.31% | #81 |
| West Virginia | 38 | 25 | 15.8% | 6.38% | #151 |
| District of Columbia | 36 | 16 | 13.9% | 6.94% | #93 |
| Delaware | 36 | 26 | 5.6% | 6.88% | #140 |
| New Hampshire | 33 | 24 | 9.1% | 6.31% | #153 |
| Nebraska | 28 | 10 | 0.0% | 7.06% | #178 |
| Rhode Island | 28 | 19 | 0.0% | 7.63% | #129 |
| Mississippi | 26 | 15 | 11.5% | 6.88% | #226 |
| Iowa | 25 | 14 | 8.0% | 6.93% | #278 |
| Montana | 24 | 12 | 16.7% | 6.56% | #129 |
| Maine | 22 | 9 | 4.6% | 6.63% | #171 |
| Arkansas | 18 | 8 | 11.1% | 6.69% | #290 |
| Wyoming | 13 | 9 | 0.0% | 6.38% | #127 |
| South Dakota | 11 | 9 | 9.1% | 6.63% | #131 |
| Vermont | 10 | 3 | 0.0% | 7.75% | #110 |
| Alaska | 7 | 5 | 14.3% | 6.99% | #116 |
Frequently asked questions
A&D Mortgage denied 13.1% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 62nd percentile of large mortgage lenders.
The most common reason A&D Mortgage gave in 2025 was "collateral", cited on 27.6% 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 A&D Mortgage originated in 2025 was 6.75%, and its median rate spread over the average prime offer rate was 0.33 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 59% of its applications were for home purchases, 41% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 95% conventional, 5% FHA, 0% 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.