First Mid Bank & Trust · Wisconsin · 2025

First Mid Bank & Trust in Wisconsin: approval rate, denial rate and rates (2025)

First Mid Bank & Trust took 151 mortgage applications in Wisconsin in 2025, ranking #201 of 938 lenders active in the state. It originated 66.9% of them and denied 21.2% (23.9% of the applications it decided), against a statewide denial rate of 14.0%.

151Applicationsin WI
23.9%Decision denial ratestate 16.4%
6.88%Median ratestate 6.63%
$115,000Median loanstate $165,000
$18MVolume15 counties

First Mid Bank & Trust in Wisconsin vs the state

21.2%Denial rate+7.18 pts vs state
23.9%Decision denial rate+7.52 pts vs state
66.9%Origination rate-1.26 pts vs state
6.88%Median rate+0.25 pts vs state
0.27Rate spread (pts)+0.15 pts vs state
$86kMedian applicant income
101Loans originated
32Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023750.0%8.13%#507
202414010617.9%6.88%#182
202515110121.2%6.88%#201

What First Mid Bank & Trust lends in Wisconsin

By loan purpose

Home purchase 73 48% · 8.2% denied
Refinance 15 10% · 26.7% denied
Cash-out refinance 8 5% · 25.0% denied
Home improvement 37 25% · 37.8% denied
Other / HELOC 18 12% · 33.3% denied

By loan type

Conventional 144 95% · 21.5% denied
FHA 5 3% · 0.0% denied
VA 2 1% · 50.0% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 16 50%
Credit history 8 25%
Other 2 6%
Incomplete application 2 6%
Insufficient cash 1 3%
Employment history 1 3%
Unverifiable information 1 3%
Collateral 1 3%

Where in Wisconsin

Counties with the most First Mid Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Rock County 1268330 23.8%
Walworth County 420 0.0%
Dane County 311 33.3%
Vilas County 321 33.3%
Sauk County 210 0.0%
Dodge County 220 0.0%
Oneida County 210 0.0%
Richland County 220 0.0%
Chippewa County 110 0.0%
Grant County 110 0.0%

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: 151 applications in 2025, of which 101 were originated and 32 denied.

21.2% of all applications, or 23.9% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans First Mid Bank & Trust originated in Wisconsin in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are First Mid Bank & Trust'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