Deephaven Mortgage · Wisconsin · 2025

Deephaven Mortgage in Wisconsin: approval rate, denial rate and rates (2025)

Deephaven Mortgage took 85 mortgage applications in Wisconsin in 2025, ranking #273 of 938 lenders active in the state. It originated 55.3% of them and denied 31.8% (36.0% of the applications it decided), against a statewide denial rate of 14.0%.

85Applicationsin WI
36.0%Decision denial ratestate 16.4%
7.50%Median ratestate 6.63%
$165,000Median loanstate $165,000
$11MVolume26 counties

Deephaven Mortgage in Wisconsin vs the state

31.8%Denial rate+17.75 pts vs state
36.0%Decision denial rate+19.64 pts vs state
55.3%Origination rate-12.86 pts vs state
7.50%Median rate+0.88 pts vs state
1.34Rate spread (pts)+1.22 pts vs state
$448kMedian applicant income
47Loans originated
27Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023271433.3%8.75%#363
2024753742.7%7.75%#279
2025854731.8%7.50%#273

What Deephaven Mortgage lends in Wisconsin

By loan purpose

Home purchase 33 39% · 36.4% denied
Refinance 6 7% · 50.0% denied
Cash-out refinance 18 21% · 22.2% denied
Home improvement 24 28% · 29.2% denied
Other / HELOC 4 5% · 25.0% denied

By loan type

Conventional 85 100% · 31.8% denied

Why it denied Wisconsin applicants

Unverifiable information 16 59%
Collateral 10 37%
Credit history 1 4%

Where in Wisconsin

Counties with the most Deephaven Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 29167 24.1%
Racine County 1173 27.3%
Kenosha County 622 33.3%
Dane County 523 60.0%
Waukesha County 541 20.0%
Walworth County 431 25.0%
Polk County 202 100.0%
Winnebago County 220 0.0%
Marathon County 210 0.0%
Green Lake County 202 100.0%

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: 85 applications in 2025, of which 47 were originated and 27 denied.

31.8% of all applications, or 36.0% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Deephaven Mortgage originated in Wisconsin in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are Deephaven 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