Bank Five Nine · Wisconsin · 2025

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

Bank Five Nine took 1,584 mortgage applications in Wisconsin in 2025, ranking #32 of 938 lenders active in the state. It originated 78.6% of them and denied 4.0% (4.5% of the applications it decided), against a statewide denial rate of 14.0%.

1.6kApplicationsin WI
4.5%Decision denial ratestate 16.4%
6.50%Median ratestate 6.63%
$285,000Median loanstate $165,000
$395MVolume53 counties

Bank Five Nine in Wisconsin vs the state

4.0%Denial rate-10.03 pts vs state
4.5%Decision denial rate-11.87 pts vs state
78.6%Origination rate+10.45 pts vs state
6.50%Median rate-0.13 pts vs state
0.17Rate spread (pts)+0.05 pts vs state
$112kMedian applicant income
1,245Loans originated
63Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239797963.7%6.75%#38
20241,4091,1393.5%6.75%#33
20251,5841,2454.0%6.50%#32

What Bank Five Nine lends in Wisconsin

By loan purpose

Home purchase 1,133 72% · 2.5% denied
Refinance 265 17% · 4.2% denied
Cash-out refinance 180 11% · 12.8% denied
Home improvement 6 0% · 16.7% denied

By loan type

Conventional 1,408 89% · 3.5% denied
FHA 115 7% · 12.2% denied
VA 60 4% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Wisconsin applicants

Other 19 30%
Debt-to-income ratio 18 29%
Collateral 12 19%
Credit history 11 17%
Unverifiable information 2 3%
Employment history 1 2%

Where in Wisconsin

Counties with the most Bank Five Nine applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 39330418 4.6%
Waukesha County 3052416 2.0%
Racine County 126991 0.8%
Washington County 118945 4.2%
Kenosha County 116944 3.4%
Ozaukee County 68551 1.5%
Marathon County 64484 6.3%
Dane County 41312 4.9%
Dodge County 35272 5.7%
Outagamie County 31281 3.2%

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: 1,584 applications in 2025, of which 1,245 were originated and 63 denied.

4.0% of all applications, or 4.5% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Bank Five Nine originated in Wisconsin in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Bank Five Nine'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