Associated Bank · Wisconsin · 2025

Associated Bank in Wisconsin: approval rate, denial rate and rates (2025)

Associated Bank took 7,451 mortgage applications in Wisconsin in 2025, ranking #5 of 938 lenders active in the state. It originated 66.8% of them and denied 23.7% (25.7% of the applications it decided), against a statewide denial rate of 14.0%.

7.5kApplicationsin WI
25.7%Decision denial ratestate 16.4%
6.88%Median ratestate 6.63%
$125,000Median loanstate $165,000
$1.2BVolume72 counties

Associated Bank in Wisconsin vs the state

23.7%Denial rate+9.64 pts vs state
25.7%Decision denial rate+9.30 pts vs state
66.8%Origination rate-1.39 pts vs state
6.88%Median rate+0.25 pts vs state
0.01Rate spread (pts)-0.11 pts vs state
$95kMedian applicant income
4,974Loans originated
1,762Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236,7404,31826.5%7.88%#4
20247,2644,79824.1%7.63%#4
20257,4514,97423.7%6.88%#5

What Associated Bank lends in Wisconsin

By loan purpose

Home purchase 2,660 36% · 10.8% denied
Refinance 1,510 20% · 21.5% denied
Cash-out refinance 244 3% · 25.0% denied
Home improvement 1,788 24% · 36.5% denied
Other / HELOC 1,249 17% · 35.0% denied

By loan type

Conventional 7,276 98% · 23.8% denied
FHA 127 2% · 18.9% denied
VA 47 1% · 10.6% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 954 54%
Credit history 436 25%
Collateral 194 11%
Other 56 3%
Incomplete application 44 2%
Unverifiable information 39 2%
Employment history 32 2%
Insufficient cash 6 0%
Mortgage insurance denied 1 0%

Where in Wisconsin

Counties with the most Associated Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 867554216 24.9%
Brown County 749542145 19.4%
Waukesha County 601410128 21.3%
Dane County 33220891 27.4%
Rock County 24716467 27.1%
St. Croix County 24016842 17.5%
Winnebago County 23516650 21.3%
Outagamie County 23416945 19.2%
Ozaukee County 20415135 17.2%
Washington County 20115134 16.9%

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%
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%
Community FirstA 4,3686.9%5.49%

Frequently asked questions

Wisconsin: 7,451 applications in 2025, of which 4,974 were originated and 1,762 denied.

23.7% of all applications, or 25.7% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Associated Bank originated in Wisconsin in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Associated Bank'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