Bank of Ann Arbor at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B 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%
69th5.8% deniedProcesswithdrawn + incomplete share, weight 15%
22nd18.9%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 184 | 152 | 6.0% | 6.7% | 6.41% | $74M |
| 2024 | 166 | 125 | 6.0% | 6.9% | — | $56M |
| 2025 | 212 | 155 | 4.7% | 5.8% | — | $66M |
What Bank of Ann Arbor 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, 0 manufactured homes, 17 investment properties.
Who gets approved at Bank of Ann Arbor
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 51 | 40 | 4.7% |
| $100k – $150k | 34 | 23 | 7.1% |
| $150k – $250k | 56 | 39 | 2.4% |
| Over $250k | 41 | 31 | 3.1% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 68 | 54 | 1.8% |
| 35–44 | 51 | 37 | 4.9% |
| 45–54 | 28 | 18 | 10.0% |
| 65–74 | 21 | 16 | 5.6% |
Where Bank of Ann Arbor lends
6 states and 25 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Michigan | 204 | 147 | 4.9% | — | #206 |
Frequently asked questions
Bank of Ann Arbor denied 5.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 69th percentile of small mortgage lenders.
In 2025, 74% of its applications were for home purchases, 19% for refinancing (including cash-out), and 7% for home improvement or other purposes. By loan type: 100% conventional, 0% 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.