Commerce Home Mortgage in Wisconsin vs the state
17.9%Denial rate+3.85 pts vs state
24.4%Decision denial rate+8.03 pts vs state
55.4%Origination rate-12.79 pts vs state
7.50%Median rate+0.88 pts vs state
1.41Rate spread (pts)+1.29 pts vs state
$300kMedian applicant income
31Loans originated
10Denied
Trend in Wisconsin
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 24 | 16 | 12.5% | 9.00% | #380 |
| 2024 | 27 | 14 | 11.1% | 8.38% | #383 |
| 2025 | 56 | 31 | 17.9% | 7.50% | #322 |
What Commerce Home Mortgage lends in Wisconsin
By loan purpose
By loan type
Why it denied Wisconsin applicants
Where in Wisconsin
Counties with the most Commerce Home Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Milwaukee County | 13 | 9 | 2 | 15.4% |
| Waukesha County | 8 | 4 | 3 | 37.5% |
| Dane County | 4 | 1 | 0 | 0.0% |
| Sauk County | 3 | 1 | 1 | 33.3% |
| Brown County | 3 | 2 | 0 | 0.0% |
| Marathon County | 3 | 2 | 0 | 0.0% |
| Rock County | 3 | 3 | 0 | 0.0% |
| Vilas County | 2 | 1 | 0 | 0.0% |
| Kenosha County | 2 | 1 | 0 | 0.0% |
| Sheboygan County | 2 | 0 | 2 | 100.0% |
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: 56 applications in 2025, of which 31 were originated and 10 denied.
17.9% of all applications, or 24.4% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.
The median rate on loans Commerce Home Mortgage originated in Wisconsin in 2025 was 7.50%, against a statewide median of 6.63%.
About this data. Figures are Commerce Home Mortgage'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