First Federal Bank · Wisconsin · 2025

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

First Federal Bank took 243 mortgage applications in Wisconsin in 2025, ranking #135 of 938 lenders active in the state. It originated 72.4% of them and denied 11.9% (14.0% of the applications it decided), against a statewide denial rate of 14.0%.

243Applicationsin WI
14.0%Decision denial ratestate 16.4%
6.50%Median ratestate 6.63%
$245,000Median loanstate $165,000
$47MVolume49 counties

First Federal Bank in Wisconsin vs the state

11.9%Denial rate-2.08 pts vs state
14.0%Decision denial rate-2.35 pts vs state
72.4%Origination rate+4.28 pts vs state
6.50%Median rate-0.13 pts vs state
0.04Rate spread (pts)-0.08 pts vs state
$94kMedian applicant income
176Loans originated
29Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231831419.3%6.63%#142
20242892376.2%6.50%#107
202524317611.9%6.50%#135

What First Federal Bank lends in Wisconsin

By loan purpose

Home purchase 193 79% · 10.4% denied
Refinance 21 9% · 14.3% denied
Cash-out refinance 26 11% · 23.1% denied
Other / HELOC 3 1% · 0.0% denied

By loan type

Conventional 171 70% · 6.4% denied
FHA 41 17% · 24.4% denied
VA 30 12% · 26.7% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Wisconsin applicants

Collateral 14 48%
Incomplete application 6 21%
Credit history 3 10%
Debt-to-income ratio 2 7%
Unverifiable information 2 7%
Other 1 3%
Employment history 1 3%

Where in Wisconsin

Counties with the most First Federal Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wood County 22174 18.2%
Marathon County 21173 14.3%
Portage County 16151 6.3%
Dane County 1380 0.0%
Waukesha County 1282 16.7%
Waupaca County 12111 8.3%
Milwaukee County 12100 0.0%
Winnebago County 870 0.0%
Jefferson County 860 0.0%
Brown County 751 14.3%

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: 243 applications in 2025, of which 176 were originated and 29 denied.

11.9% of all applications, or 14.0% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans First Federal Bank originated in Wisconsin in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are First Federal 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