First State Mortgage Services in Wisconsin vs the state
1.3%Denial rate-12.69 pts vs state
1.5%Decision denial rate-14.89 pts vs state
88.2%Origination rate+20.01 pts vs state
6.75%Median rate+0.13 pts vs state
0.26Rate spread (pts)+0.14 pts vs state
$139kMedian applicant income
134Loans originated
2Denied
Trend in Wisconsin
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 113 | 99 | 0.9% | 6.75% | #201 |
| 2024 | 144 | 123 | 0.7% | 6.75% | #180 |
| 2025 | 152 | 134 | 1.3% | 6.75% | #195 |
What First State Mortgage Services lends in Wisconsin
By loan purpose
By loan type
Why it denied Wisconsin applicants
Where in Wisconsin
Counties with the most First State Mortgage Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Waukesha County | 53 | 49 | 0 | 0.0% |
| Washington County | 30 | 26 | 0 | 0.0% |
| Milwaukee County | 20 | 17 | 0 | 0.0% |
| Ozaukee County | 8 | 7 | 0 | 0.0% |
| Jefferson County | 4 | 4 | 0 | 0.0% |
| Sheboygan County | 4 | 4 | 0 | 0.0% |
| Wood County | 4 | 3 | 0 | 0.0% |
| Dane County | 3 | 3 | 0 | 0.0% |
| Fond du Lac County | 3 | 3 | 0 | 0.0% |
| Price County | 3 | 2 | 0 | 0.0% |
Other large lenders in Wisconsin
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Summit Credit Union | A | 15,483 | 13.8% | 6.75% |
| University of Wisconsin Credit Union | A | 11,781 | 13.8% | 6.50% |
| Landmark Credit Union | A | 9,393 | 17.7% | 6.50% |
| Rocket Mortgage | C | 7,819 | 18.0% | 6.63% |
| Associated Bank | B | 7,451 | 23.7% | 6.88% |
| BMO Bank | F | 5,202 | 25.3% | 8.23% |
| Educators Credit Union | B | 4,930 | 24.3% | 6.95% |
| U.S. Bank | D | 4,710 | 26.0% | 6.88% |
| Covantage Credit Union | B | 4,581 | 7.7% | 6.50% |
| United Shore Financial Services | B | 4,421 | 11.8% | 6.38% |
Frequently asked questions
Wisconsin: 152 applications in 2025, of which 134 were originated and 2 denied.
1.3% of all applications, or 1.5% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.
The median rate on loans First State Mortgage Services originated in Wisconsin in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are First State Mortgage Services'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