ALTRA Federal Credit Union · Wisconsin · 2025

ALTRA Federal Credit Union in Wisconsin: approval rate, denial rate and rates (2025)

ALTRA Federal Credit Union took 1,747 mortgage applications in Wisconsin in 2025, ranking #28 of 938 lenders active in the state. It originated 83.9% of them and denied 5.8% (6.3% of the applications it decided), against a statewide denial rate of 14.0%.

1.7kApplicationsin WI
6.3%Decision denial ratestate 16.4%
6.66%Median ratestate 6.63%
$125,000Median loanstate $165,000
$262MVolume47 counties

ALTRA Federal Credit Union in Wisconsin vs the state

5.8%Denial rate-8.17 pts vs state
6.3%Decision denial rate-10.05 pts vs state
83.9%Origination rate+15.77 pts vs state
6.66%Median rate+0.03 pts vs state
0.17Rate spread (pts)+0.05 pts vs state
$111kMedian applicant income
1,466Loans originated
102Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,4801,3165.5%6.66%#25
20241,5711,2886.2%6.98%#27
20251,7471,4665.8%6.66%#28

What ALTRA Federal Credit Union lends in Wisconsin

By loan purpose

Home purchase 603 35% · 1.2% denied
Refinance 382 22% · 5.8% denied
Cash-out refinance 69 4% · 0.0% denied
Home improvement 361 21% · 5.8% denied
Other / HELOC 332 19% · 15.7% denied

By loan type

Conventional 1,727 99% · 5.9% denied
FHA 5 0% · 0.0% denied
VA 15 1% · 6.7% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 37 36%
Credit history 24 24%
Other 18 18%
Unverifiable information 13 13%
Collateral 10 10%

Where in Wisconsin

Counties with the most ALTRA Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
La Crosse County 1,2261,02972 5.9%
Monroe County 1058410 9.5%
Vernon County 99874 4.0%
Trempealeau County 98827 7.1%
Jackson County 25221 4.0%
Crawford County 23202 8.7%
Buffalo County 23171 4.3%
Dane County 16100 0.0%
Eau Claire County 15122 13.3%
Sawyer County 14130 0.0%

Other large lenders in Wisconsin

LenderGradeApplicationsDenial rateMedian rate
Summit Credit UnionA 15,48313.8%6.75%
University of Wisconsin Credit UnionA 11,78113.8%6.50%
Landmark Credit UnionA 9,39317.7%6.50%
Rocket MortgageC 7,81918.0%6.63%
Associated BankB 7,45123.7%6.88%
BMO BankF 5,20225.3%8.23%
Educators Credit UnionB 4,93024.3%6.95%
U.S. BankD 4,71026.0%6.88%
Covantage Credit UnionB 4,5817.7%6.50%
United Shore Financial ServicesB 4,42111.8%6.38%

Frequently asked questions

Wisconsin: 1,747 applications in 2025, of which 1,466 were originated and 102 denied.

5.8% of all applications, or 6.3% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans ALTRA Federal Credit Union originated in Wisconsin in 2025 was 6.66%, against a statewide median of 6.63%.

About this data. Figures are ALTRA Federal Credit Union's own HMDA filing for properties located in Wisconsin, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology