First American Bank · Wisconsin · 2025

First American Bank in Wisconsin: approval rate, denial rate and rates (2025)

First American Bank took 254 mortgage applications in Wisconsin in 2025, ranking #131 of 938 lenders active in the state. It originated 54.7% of them and denied 31.9% (36.2% of the applications it decided), against a statewide denial rate of 14.0%.

254Applicationsin WI
36.2%Decision denial ratestate 16.4%
7.13%Median ratestate 6.63%
$105,000Median loanstate $165,000
$36MVolume38 counties

First American Bank in Wisconsin vs the state

31.9%Denial rate+17.88 pts vs state
36.2%Decision denial rate+19.80 pts vs state
54.7%Origination rate-13.43 pts vs state
7.13%Median rate+0.50 pts vs state
0.21Rate spread (pts)+0.09 pts vs state
$104kMedian applicant income
139Loans originated
81Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
202324814627.4%8.00%#113
202426815630.6%8.00%#114
202525413931.9%7.13%#131

What First American Bank lends in Wisconsin

By loan purpose

Home purchase 31 12% · 9.7% denied
Refinance 72 28% · 27.8% denied
Cash-out refinance 14 6% · 7.1% denied
Home improvement 79 31% · 46.8% denied
Other / HELOC 58 23% · 34.5% denied

By loan type

Conventional 254 100% · 31.9% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 48 59%
Credit history 26 32%
Collateral 6 7%
Other 1 1%

Where in Wisconsin

Counties with the most First American Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kenosha County 1015734 33.7%
Milwaukee County 342010 29.4%
Racine County 231211 47.8%
Walworth County 1171 9.1%
Waukesha County 1072 20.0%
Washington County 733 42.9%
Brown County 622 33.3%
Fond du Lac County 630 0.0%
Winnebago County 531 20.0%
Dane County 522 40.0%

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: 254 applications in 2025, of which 139 were originated and 81 denied.

31.9% of all applications, or 36.2% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans First American Bank originated in Wisconsin in 2025 was 7.13%, against a statewide median of 6.63%.

About this data. Figures are First American 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