Mortgage lender · Springfield, IL · LEI 549300ANF834QIIFUE57

A & N Mortgage Services review: approval odds, rates and grade (2025)

A & N Mortgage Services earns an A, placing it in the top fifth of mid-size mortgage lenders. It turned down 0.0% of the applications it decided on in 2025, which ranks in the 99th percentile for approval odds. Its median loan was priced 0.20 points above the average prime offer rate, ranking in the 60th percentile on pricing. Compared against 581 mid-size mortgage lenders using 2025 HMDA filings.

1.5kApplications2025
99.9%Originatedof applications
0.0%Decision denial ratenational 22.6%
6.63%Median ratenational 6.63%
$600MLoan volume16 states

A & N Mortgage Services at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

0.0%Denial rate (all applications)-17.98 pts vs national
0.0%Denial rate (decided applications)-22.59 pts vs national
99.9%Origination rate+41.90 pts vs national
0.1%Withdrawn by applicant
0.0%Closed for incompleteness
6.63%Median interest rate0.00 pts vs national
0.20Median rate spread (pts over APOR)-0.05 pts vs national
$365,000Median loan amount
$6,383Median total loan costs
$153kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

How the A grade breaks down

Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

99th0.0% denied

Pricingmedian rate spread over APOR, weight 30%

60th0.20 pts

Processwithdrawn + incomplete share, weight 15%

99th0.1%

Closing coststotal loan costs ÷ loan amount, weight 10%

72nd1.75% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20231,1361,1360.0%0.0%6.75%$402M
20241,3351,3350.0%0.0%6.75%$483M
20251,4841,4830.0%0.0%6.63%$600M

What A & N Mortgage Services 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

Home purchase 1,219 82% · 0.0% denied
Refinance 221 15% · 0.0% denied
Cash-out refinance 44 3% · 0.0% denied

By loan type

Conventional 1,393 94% · 0.0% denied
FHA 64 4% · 0.0% denied
VA 27 2% · 0.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 72 investment properties.

Who gets approved at A & N Mortgage Services

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k3343340.0%
$100k – $150k3653640.0%
$150k – $250k4434430.0%
Over $250k3223220.0%
Applicant ageApplicationsOriginatedDecision denial rate
Under 2548480.0%
25–346606590.0%
35–444424420.0%
45–541701700.0%
55–641141140.0%
65–7438380.0%

Where A & N Mortgage Services lends

16 states and 90 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Illinois1,3321,3320.0%6.63%#66
Indiana40390.0%6.63%#377
Wisconsin37370.0%6.75%#369
Michigan22220.0%6.56%#426
Florida17170.0%6.63%#791
Texas880.0%6.50%#1,003
California550.0%6.63%#818

Frequently asked questions

A & N Mortgage Services denied 0.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 99th percentile of mid-size mortgage lenders.

The median interest rate on loans A & N Mortgage Services originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.20 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 82% of its applications were for home purchases, 18% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 94% conventional, 4% FHA, 2% 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.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with A & N Mortgage Services. Data sources · Methodology