Bay Bank · Wisconsin · 2025

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

Bay Bank took 145 mortgage applications in Wisconsin in 2025, ranking #210 of 938 lenders active in the state. It originated 56.6% of them and denied 33.1% (33.1% of the applications it decided), against a statewide denial rate of 14.0%.

145Applicationsin WI
33.1%Decision denial ratestate 16.4%
Median ratestate 6.63%
$155,000Median loanstate $165,000
$12MVolume24 counties

Bay Bank in Wisconsin vs the state

33.1%Denial rate+19.09 pts vs state
33.1%Decision denial rate+16.74 pts vs state
56.6%Origination rate-11.60 pts vs state
Median rate
Rate spread (pts)
$82kMedian applicant income
82Loans originated
48Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
202314311216.8%#172
202416011520.0%#160
20251458233.1%#210

What Bay Bank lends in Wisconsin

By loan purpose

Home purchase 75 52% · 42.7% denied
Refinance 6 4% · 33.3% denied
Cash-out refinance 25 17% · 20.0% denied
Home improvement 21 14% · 14.3% denied
Other / HELOC 18 12% · 33.3% denied

By loan type

Conventional 145 100% · 33.1% denied

Where in Wisconsin

Counties with the most Bay Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Brown County 362310 27.8%
Outagamie County 24203 12.5%
Menominee County 23118 34.8%
Shawano County 1385 38.5%
Ashland County 1026 60.0%
Bayfield County 843 37.5%
Vilas County 412 50.0%
Marinette County 311 33.3%
Oconto County 312 66.7%
Milwaukee County 211 50.0%

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: 145 applications in 2025, of which 82 were originated and 48 denied.

33.1% of all applications, or 33.1% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Bay 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