Ann Arbor
Metropolitan Statistical Area · MSA Code 11460
According to CFPB HMDA 2024 application volume among tracked metros, Ann Arbor ranks #202 of 418.
Mortgage lending activity in the Ann Arbor metro area based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this geography during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Metro-area mortgage activity. The Ann Arbor Metropolitan Statistical Area (MSA code 11460) recorded 11,305 HMDA-reported mortgage applications in 2024. Lenders originated 6,218 of those and denied others at a rate of 17.2%, for an approval (origination) rate of 55.0%. The average loan amount across the MSA was $312,827 at an average note rate of 7.37%. 20 major lenders are tracked for this metro - Rocket Mortgage, United Wholesale Mortgage, University of Michigan Credit Union lead by origination volume. Among the 418 metros tracked, Ann Arbor ranks #243 by denial rate (the 42nd percentile for approval-friendliness), and shares its 5-point denial-rate band with 241 other tracked metros.
What MSA numbers tell you, and what they don't. Metro area boundaries are defined by the U.S. Office of Management and Budget and typically span multiple counties, so a single Ann Arbor denial rate averages across urban core, inner suburbs, and outer commuter communities with very different borrower profiles. A 17.2% denial rate at the MSA level can coexist with widely varying individual-lender denial rates; $312,827 average loan size reflects the MSA's property values and the borrower pool that actually applied, not any single neighborhood. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Ann Arbor
In Ann Arbor, lead originator Rocket Mortgage funded only 8.0% of 6,218 originated loans, below the fleet's lower tercile (~8.7% top-1 share). The top three reporters together hold 19.5% of the book, so shopping across channels still meets many active filers.
Metros With a Similar Denial Rate
The metro areas closest to Ann Arbor's 17.2% denial rate among all 418 tracked MSAs.
Metros With Similar Application Volume
Nationwide MSAs nearest to Ann Arbor's 11,305 HMDA applications (deduped against the denial-rate neighbourhood).
Metros With a Similar Average Loan
Nationwide MSAs nearest to Ann Arbor's $312,827 average loan (deduped against denial and volume peers).
Lenders active in the Ann Arbor metro
Rocket Mortgage funded 500 of the 6,218 loans originated here, 8.0% of the metro. 20 reporting lenders follow.
| # | Lender | Originated | Applications | Avg Loan | Market Share |
|---|---|---|---|---|---|
| 1 | Rocket Mortgage | 500 | 642 | $255,156 | 8.0% |
| 2 | United Wholesale Mortgage | 379 | 490 | $316,510 | 6.1% |
| 3 | University of Michigan Credit Union | 331 | 499 | $181,253 | 5.3% |
| 4 | Huntington National Bank | 292 | 553 | $207,875 | 4.7% |
| 5 | Lake Michigan Credit Union | 271 | 332 | $452,861 | 4.4% |
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. Metropolitan Statistical Areas defined by the U.S. Office of Management and Budget (OMB).
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only; does not constitute financial advice for Ann Arbor borrowers.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This Ann Arbor page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.