BMO Bank in Wisconsin vs the state
25.3%Denial rate+11.31 pts vs state
29.9%Decision denial rate+13.58 pts vs state
57.1%Origination rate-11.06 pts vs state
8.23%Median rate+1.61 pts vs state
0.99Rate spread (pts)+0.87 pts vs state
$82kMedian applicant income
2,970Loans originated
1,317Denied
Trend in Wisconsin
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 4,731 | 2,566 | 26.3% | 8.44% | #6 |
| 2024 | 5,577 | 3,095 | 25.6% | 8.75% | #6 |
| 2025 | 5,202 | 2,970 | 25.3% | 8.23% | #6 |
What BMO Bank lends in Wisconsin
By loan purpose
By loan type
Why it denied Wisconsin applicants
Where in Wisconsin
Counties with the most BMO Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Milwaukee County | 970 | 526 | 284 | 29.3% |
| Waukesha County | 470 | 293 | 98 | 20.9% |
| Dane County | 412 | 226 | 101 | 24.5% |
| Brown County | 222 | 118 | 62 | 27.9% |
| Washington County | 220 | 153 | 43 | 19.5% |
| Rock County | 206 | 122 | 51 | 24.8% |
| Ozaukee County | 200 | 129 | 33 | 16.5% |
| Kenosha County | 184 | 94 | 57 | 31.0% |
| Racine County | 170 | 100 | 48 | 28.2% |
| Outagamie County | 137 | 98 | 19 | 13.9% |
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% |
| 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% |
| Community First | A | 4,368 | 6.9% | 5.49% |
Frequently asked questions
Wisconsin: 5,202 applications in 2025, of which 2,970 were originated and 1,317 denied.
25.3% of all applications, or 29.9% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.
The median rate on loans BMO Bank originated in Wisconsin in 2025 was 8.23%, against a statewide median of 6.63%.
About this data. Figures are BMO 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