Educators Credit Union · Wisconsin · 2025

Educators Credit Union in Wisconsin: approval rate, denial rate and rates (2025)

Educators Credit Union took 4,930 mortgage applications in Wisconsin in 2025, ranking #7 of 938 lenders active in the state. It originated 66.3% of them and denied 24.3% (25.5% of the applications it decided), against a statewide denial rate of 14.0%.

4.9kApplicationsin WI
25.5%Decision denial ratestate 16.4%
6.95%Median ratestate 6.63%
$65,000Median loanstate $165,000
$427MVolume51 counties

Educators Credit Union in Wisconsin vs the state

24.3%Denial rate+10.25 pts vs state
25.5%Decision denial rate+9.16 pts vs state
66.3%Origination rate-1.88 pts vs state
6.95%Median rate+0.33 pts vs state
-0.09Rate spread (pts)-0.21 pts vs state
$99kMedian applicant income
3,267Loans originated
1,196Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235,0363,31425.5%6.75%#5
20244,9023,03928.2%7.13%#7
20254,9303,26724.3%6.95%#7

What Educators Credit Union lends in Wisconsin

By loan purpose

Home purchase 858 17% · 2.3% denied
Refinance 236 5% · 10.2% denied
Cash-out refinance 1,309 27% · 16.5% denied
Home improvement 1 0% · 100.0% denied
Other / HELOC 2,526 51% · 37.0% denied

By loan type

Conventional 4,918 100% · 24.3% denied
VA 12 0% · 0.0% denied

Why it denied Wisconsin applicants

Incomplete application 464 39%
Debt-to-income ratio 422 35%
Credit history 244 20%
Collateral 23 2%
Insufficient cash 14 1%
Unverifiable information 12 1%
Other 9 1%
Employment history 8 1%

Where in Wisconsin

Counties with the most Educators Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 1,8651,094587 31.5%
Racine County 1,383995272 19.7%
Kenosha County 584399128 21.9%
Waukesha County 44230593 21.0%
Walworth County 16411639 23.8%
Rock County 15710933 21.0%
Washington County 69586 8.7%
Ozaukee County 68569 13.2%
Jefferson County 22129 40.9%
Dane County 21152 9.5%

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%
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%
Community FirstA 4,3686.9%5.49%

Frequently asked questions

Wisconsin: 4,930 applications in 2025, of which 3,267 were originated and 1,196 denied.

24.3% of all applications, or 25.5% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Educators Credit Union originated in Wisconsin in 2025 was 6.95%, against a statewide median of 6.63%.

About this data. Figures are Educators Credit Union'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