Bank of Ann Arbor · Michigan · 2025

Bank of Ann Arbor in Michigan: approval rate, denial rate and rates (2025)

Bank of Ann Arbor took 204 mortgage applications in Michigan in 2025, ranking #206 of 973 lenders active in the state. It originated 72.1% of them and denied 4.9% (6.1% of the applications it decided), against a statewide denial rate of 18.5%.

204Applicationsin MI
6.1%Decision denial ratestate 22.6%
Median ratestate 6.75%
$295,000Median loanstate $155,000
$60MVolume17 counties

Bank of Ann Arbor in Michigan vs the state

4.9%Denial rate-13.62 pts vs state
6.1%Decision denial rate-16.48 pts vs state
72.1%Origination rate+12.17 pts vs state
Median rate
Rate spread (pts)
$145kMedian applicant income
147Loans originated
10Denied

Trend in Michigan

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231741446.3%6.50%#193
20241541156.5%#225
20252041474.9%#206

What Bank of Ann Arbor lends in Michigan

By loan purpose

Home purchase 149 73% · 3.4% denied
Refinance 22 11% · 4.6% denied
Cash-out refinance 19 9% · 10.5% denied
Home improvement 6 3% · 0.0% denied
Other / HELOC 8 4% · 25.0% denied

By loan type

Conventional 204 100% · 4.9% denied

Where in Michigan

Counties with the most Bank of Ann Arbor applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Washtenaw County 109763 2.8%
Wayne County 28223 10.7%
Oakland County 24162 8.3%
Livingston County 17131 5.9%
Gladwin County 430 0.0%
Jackson County 430 0.0%
Ingham County 330 0.0%
Macomb County 330 0.0%
Genesee County 321 33.3%
Monroe County 200 0.0%

Other large lenders in Michigan

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 30,64416.3%6.75%
United Shore Financial ServicesB 29,33011.7%6.60%
The Huntington National BankD 20,04730.0%7.49%
Lake Michigan Credit UnionA 16,6625.6%6.75%
Fifth Third BankD 11,17626.4%7.50%
21st MortgageF 7,42453.4%11.04%
Citizens BankC 6,59229.0%7.65%
Triad Financial ServicesD 6,42656.1%8.49%
Union Home MortgageB 5,3034.3%6.75%
PNC BankD 5,16126.3%7.36%

Frequently asked questions

Michigan: 204 applications in 2025, of which 147 were originated and 10 denied.

4.9% of all applications, or 6.1% of the applications it actually decided on. The Michigan statewide average across all lenders was 18.5%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Bank of Ann Arbor's own HMDA filing for properties located in Michigan, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology