Bay Equity in Wisconsin vs the state
2.6%Denial rate-11.38 pts vs state
3.3%Decision denial rate-13.03 pts vs state
76.3%Origination rate+8.17 pts vs state
6.88%Median rate+0.25 pts vs state
0.28Rate spread (pts)+0.16 pts vs state
$102kMedian applicant income
29Loans originated
1Denied
Trend in Wisconsin
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 189 | 132 | 7.4% | 6.63% | #136 |
| 2024 | 237 | 180 | 6.3% | 6.75% | #122 |
| 2025 | 38 | 29 | 2.6% | 6.88% | #364 |
What Bay Equity lends in Wisconsin
By loan purpose
By loan type
Why it denied Wisconsin applicants
Where in Wisconsin
Counties with the most Bay Equity applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Kenosha County | 6 | 4 | 0 | 0.0% |
| Milwaukee County | 5 | 3 | 0 | 0.0% |
| Pierce County | 4 | 1 | 1 | 25.0% |
| St. Croix County | 4 | 4 | 0 | 0.0% |
| Polk County | 4 | 4 | 0 | 0.0% |
| Racine County | 2 | 2 | 0 | 0.0% |
| Dane County | 2 | 2 | 0 | 0.0% |
| Waukesha County | 2 | 2 | 0 | 0.0% |
| Dunn County | 1 | 1 | 0 | 0.0% |
| Trempealeau County | 1 | 1 | 0 | 0.0% |
Other large lenders in Wisconsin
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Summit Credit Union | A | 15,483 | 13.8% | 6.75% |
| University of Wisconsin Credit Union | A | 11,781 | 13.8% | 6.50% |
| Landmark Credit Union | A | 9,393 | 17.7% | 6.50% |
| Rocket Mortgage | C | 7,819 | 18.0% | 6.63% |
| Associated Bank | B | 7,451 | 23.7% | 6.88% |
| BMO Bank | F | 5,202 | 25.3% | 8.23% |
| Educators Credit Union | B | 4,930 | 24.3% | 6.95% |
| U.S. Bank | D | 4,710 | 26.0% | 6.88% |
| Covantage Credit Union | B | 4,581 | 7.7% | 6.50% |
| United Shore Financial Services | B | 4,421 | 11.8% | 6.38% |
Frequently asked questions
Wisconsin: 38 applications in 2025, of which 29 were originated and 1 denied.
2.6% of all applications, or 3.3% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.
The median rate on loans Bay Equity originated in Wisconsin in 2025 was 6.88%, against a statewide median of 6.63%.
About this data. Figures are Bay Equity'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