Mortgage lender · Muskego, WI · LEI 5493009X5Z27VV479310

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

A + Mortgage Services earns an A, placing it in the top fifth of small mortgage lenders. It turned down 1.5% of the applications it decided on in 2025, which ranks in the 91st percentile for approval odds. Its median loan was priced 0.15 points above the average prime offer rate, ranking in the 66th percentile on pricing. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

852Applications2025
91.0%Originatedof applications
1.5%Decision denial ratenational 22.6%
6.63%Median ratenational 6.63%
$270MLoan volume2 states

A + Mortgage Services at a glance, 2025

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

1.4%Denial rate (all applications)-16.57 pts vs national
1.5%Denial rate (decided applications)-21.07 pts vs national
91.0%Origination rate+32.93 pts vs national
7.6%Withdrawn by applicant
0.0%Closed for incompleteness
6.63%Median interest rate0.00 pts vs national
0.15Median rate spread (pts over APOR)-0.11 pts vs national
$325,000Median loan amount
$2,750Median total loan costs
$130kMedian applicant income
80%Median loan-to-value
2High-cost (HOEPA) loans

How the A grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

91st1.5% denied

Pricingmedian rate spread over APOR, weight 30%

66th0.15 pts

Processwithdrawn + incomplete share, weight 15%

69th7.6%

Closing coststotal loan costs ÷ loan amount, weight 10%

89th0.85% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20235455201.1%1.1%6.75%$159M
20246305782.1%2.2%6.63%$201M
20258527751.4%1.5%6.63%$270M

What A + 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 656 77% · 0.9% denied
Refinance 155 18% · 3.2% denied
Cash-out refinance 12 1% · 0.0% denied
Home improvement 13 2% · 0.0% denied
Other / HELOC 16 2% · 6.3% denied

By loan type

Conventional 784 92% · 1.4% denied
FHA 35 4% · 0.0% denied
VA 33 4% · 3.0% denied

Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 46 investment properties.

Why A + Mortgage Services denies applications

Primary reason reported for each of the 12 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Collateral 4 33%
Employment history 2 17%
Other 2 17%
Credit history 1 8%
Debt-to-income ratio 1 8%
Incomplete application 1 8%
Insufficient cash 1 8%

How these reasons compare nationally →

Who gets approved at A + Mortgage Services

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

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k2602371.3%
$100k – $150k2322071.0%
$150k – $250k2081951.0%
Over $250k1231112.6%
Applicant ageApplicationsOriginatedDecision denial rate
Under 2543397.1%
25–343142820.4%
35–442262071.4%
45–541281180.8%
55–6486773.8%
65–7440382.6%

Where A + Mortgage Services lends

2 states and 35 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Wisconsin8487711.4%6.63%#60

Frequently asked questions

A + Mortgage Services denied 1.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 91st percentile of small mortgage lenders.

The most common reason A + Mortgage Services gave in 2025 was "collateral", cited on 33.3% 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 + Mortgage Services originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was 0.15 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 77% of its applications were for home purchases, 20% for refinancing (including cash-out), and 3% for home improvement or other purposes. By loan type: 92% conventional, 4% FHA, 4% 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 + Mortgage Services. Data sources · Methodology