Mortgage lender · La Crosse, WI · LEI 5493002B2O407LCTBX72

Coulee Bank review: approval odds, rates and grade (2025)

Coulee Bank earns a C, in line with the typical performance of investment-property lenders. It turned down 5.6% of the applications it decided on in 2025, which ranks in the 45th percentile for approval odds. Compared against 220 investment-property lenders using 2025 HMDA filings.

264Applications2025
68.9%Originatedof applications
5.6%Decision denial ratenational 22.6%
8.00%Median ratenational 6.63%
$45MLoan volume11 states

Coulee Bank at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

4.2%Denial rate (all applications)-13.81 pts vs national
5.6%Denial rate (decided applications)-16.98 pts vs national
68.9%Origination rate+10.91 pts vs national
23.9%Withdrawn by applicant
1.9%Closed for incompleteness
8.00%Median interest rate+1.38 pts vs national
Median rate spread (pts over APOR)
$215,000Median loan amount
Median total loan costs
$106kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

How the C grade breaks down

Each component is a percentile rank among 220 investment-property lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

45th5.6% denied

Processwithdrawn + incomplete share, weight 15%

10th25.8%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20233692647.9%9.8%7.13%$67M
20243552467.0%9.2%7.55%$64M
20252641824.2%5.6%8.00%$45M

What Coulee Bank lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 212 80% · 2.4% denied
Refinance 30 11% · 10.0% denied
Cash-out refinance 19 7% · 10.5% denied
Other / HELOC 3 1% · 33.3% denied

By loan type

Conventional 256 97% · 3.9% denied
FHA 8 3% · 12.5% denied

Also: 1 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 146 investment properties.

Who gets approved at Coulee Bank

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
$50k – $100k51348.1%
$100k – $150k231313.3%
$150k – $250k28190.0%
Applicant ageApplicationsOriginatedDecision denial rate
25–34362314.8%
35–4440214.6%
55–64271121.4%

Where Coulee Bank lends

11 states and 51 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Minnesota1761312.3%8.00%#146
Wisconsin75448.0%#288

Frequently asked questions

Coulee Bank denied 5.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 45th percentile of investment-property lenders.

The median interest rate on loans Coulee Bank originated in 2025 was 8.00%, and its median rate spread over the average prime offer rate was 0.00 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 80% of its applications were for home purchases, 19% for refinancing (including cash-out), and 1% for home improvement or other purposes. By loan type: 97% conventional, 3% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Coulee Bank. Data sources · Methodology