Anb Bank Mortgage Rates, Fees & Info

Denver, CO

LEI: 549300UHQ3UXVA4AGM53

Tax ID: 84-0532189

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Mortgage Data

Review & Overview

Anb Bank is a smaller bank specializing in Home Purchase loans. Anb Bank has a high proportion of conventional loans. Their top markets by origination volume include: Grand Junction, Denver, Glenwood Springs, Montrose, and Greeley among others. We have data for 22 markets. (Some data included below & more in-depth data is available with an active subscription.)

Anb Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

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Originations

549

Origination Dollar Volume (All Markets)

$294,225,000

Top Markets

Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

Market Originations Total Value Average Loan Average Fees Average Rate
GRAND JUNCTION, CO (FHA|USDA|VA) 58 $71,950,000 $1,240,517 $0 0.00%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 73 $70,115,000 $960,479 $0 0.00%
Glenwood Springs, CO (FHA|USDA|VA) 59 $57,345,000 $971,949 $0 0.00%
Montrose, CO (FHA|USDA|VA) 3 $15,655,000 $5,218,333 $0 0.00%
GREELEY, CO (FHA|USDA|VA) 36 $12,310,000 $341,944 $0 0.00%
Laramie, WY (FHA|USDA|VA) 54 $10,290,000 $190,556 $0 0.00%
FORT COLLINS, CO (FHA|USDA|VA) 38 $9,990,000 $262,895 $0 0.00%
BOULDER, CO (FHA|USDA|VA) 14 $9,310,000 $665,000 $0 0.00%
CHEYENNE, WY (FHA|USDA|VA) 69 $8,525,000 $123,551 $0 0.00%
COLORADO SPRINGS, CO (FHA|USDA|VA) 35 $7,805,000 $223,000 $0 0.00%
Outside of Metro Areas 40 $6,900,000 $172,500 $0 0.00%
Edwards, CO (FHA|USDA|VA) 10 $4,100,000 $410,000 $0 0.00%
CASPER, WY (FHA|USDA|VA) 25 $2,955,000 $118,200 $0 0.00%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $2,005,000 $2,005,000 $0 0.00%
Gillette, WY (FHA|USDA|VA) 12 $1,530,000 $127,500 $0 0.00%
Breckenridge, CO (FHA|USDA|VA) 2 $1,290,000 $645,000 $0 0.00%
KANSAS CITY, MO-KS (FHA|USDA|VA) 14 $850,000 $60,714 $0 0.00%
Steamboat Springs, CO (FHA|USDA|VA) 1 $445,000 $445,000 $0 0.00%
Cañon City, CO (FHA|USDA|VA) 1 $425,000 $425,000 $0 0.00%
TUCSON, AZ (FHA|USDA|VA) 1 $205,000 $205,000 $0 0.00%
Scottsbluff, NE (FHA|USDA|VA) 2 $180,000 $90,000 $0 0.00%
Sheridan, WY (FHA|USDA|VA) 1 $45,000 $45,000 $0 0.00%
Anb Bank's top markets include Grand Junction, Denver, Glenwood Springs, Montrose, and Greeley among others.

Their top states include:
  • Colorado (FHA|USDA|VA)
  • Wyoming (FHA|USDA|VA)
  • Utah (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against ANB Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Red Rocks Credit Union
    Similarity Rank: 384
    Credit Union of Denver
    Similarity Rank: 450
    Wyoming Bank & Trust
    Similarity Rank: 490
    DENVER COMMUNITY
    Similarity Rank: 651
    Jonah Bank of Wyoming
    Similarity Rank: 798
    BLUE BRICK FINANCIAL LLC
    Similarity Rank: 1020
    ON TAP
    Similarity Rank: 1056
    HOMESTAR FINANCIAL CORPORATION
    Similarity Rank: 1125
    ROCKY MOUNTAIN LAW ENFORCEMENT FCU
    Similarity Rank: 1624

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 549 $294,225,000 $535,929 $0 0.00%

    For 2022, Anb Bank's most frequently originated type of loan was Conventional, with 549 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 336 $223,420,000 $664,940 $0 0.00%
    Refi 121 $56,025,000 $463,017 $0 0.00%
    Other 47 $10,875,000 $231,383 $0 0.00%
    Home Improvement 45 $3,905,000 $86,778 $0 0.00%

    For 2022, Anb Bank's most frequently cited loan purpose was Home Purchase, with 336 originations. The 2nd most popular reason was Refi, with 121 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 549 $294,225,000 $535,929 $0 0.00%

    For 2022, Anb Bank's most frequently cited loan duration was Other, with 549 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 250 $13,340,000 $53,360 $0 0.00%
    $200k-400k 111 $31,495,000 $283,739 $0 0.00%
    $100k-200k 91 $12,565,000 $138,077 $0 0.00%
    $400k-600k 50 $23,610,000 $472,200 $0 0.00%
    $1MM+ 31 $201,295,000 $6,493,387 $0 0.00%
    $600k-1MM 16 $11,920,000 $745,000 $0 0.00%

    2022 saw Anb Bank place emphasis on $100,000 or less loans with 250 originations, totaling $13,340,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 107 $11,405,000 $106,589 $0 0.00%
    $50k or less 100 $8,740,000 $87,400 $0 0.00%
    $100k-150k 88 $18,340,000 $208,409 $0 0.00%
    $75k-100k 74 $11,900,000 $160,811 $0 0.00%
    $150k-250k 50 $14,710,000 $294,200 $0 0.00%
    $250k+ 38 $18,090,000 $476,053 $0 0.00%

    Anb Bank lent most frequently to those with incomes in the $50k-75k range, with 107 originations. The second most popular income band? $50k or less, with 100 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 549 $294,225,000 $535,929 $0 0.00%

    Anb Bank lent most frequently to those with DTI ratios of Exempt%, with 549 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 77 $204,215,000 $2,652,143 $0 0.00%
    White 422 $79,380,000 $188,104 $0 0.00%
    Not provided 28 $6,780,000 $242,143 $0 0.00%
    Asian 10 $2,450,000 $245,000 $0 0.00%
    Black 8 $1,080,000 $135,000 $0 0.00%
    American Indian 4 $320,000 $80,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    85.71%

    Anb Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    78.51%

    Anb Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 549 $294,225,000 $535,929

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    549 $294,225,000 $535,929