Flagstar Bank · Wisconsin · 2025

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

Flagstar Bank took 195 mortgage applications in Wisconsin in 2025, ranking #163 of 938 lenders active in the state. It originated 53.3% of them and denied 27.2% (33.3% of the applications it decided), against a statewide denial rate of 14.0%.

195Applicationsin WI
33.3%Decision denial ratestate 16.4%
6.63%Median ratestate 6.63%
$195,000Median loanstate $165,000
$27MVolume44 counties

Flagstar Bank in Wisconsin vs the state

27.2%Denial rate+13.17 pts vs state
33.3%Decision denial rate+16.97 pts vs state
53.3%Origination rate-14.82 pts vs state
6.63%Median rate0.00 pts vs state
0.36Rate spread (pts)+0.24 pts vs state
$95kMedian applicant income
104Loans originated
53Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
202359935222.5%7.13%#64
202472245622.2%6.88%#61
202519510427.2%6.63%#163

What Flagstar Bank lends in Wisconsin

By loan purpose

Home purchase 92 47% · 23.9% denied
Refinance 25 13% · 36.0% denied
Cash-out refinance 55 28% · 21.8% denied
Home improvement 11 6% · 45.5% denied
Other / HELOC 12 6% · 41.7% denied

By loan type

Conventional 151 77% · 27.8% denied
FHA 19 10% · 26.3% denied
VA 21 11% · 19.1% denied
USDA / RHS 4 2% · 50.0% denied

Why it denied Wisconsin applicants

Incomplete application 21 40%
Debt-to-income ratio 16 30%
Collateral 6 11%
Credit history 6 11%
Other 4 8%

Where in Wisconsin

Counties with the most Flagstar Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Oconto County 26155 19.2%
Marinette County 22127 31.8%
Milwaukee County 21107 33.3%
Brown County 16114 25.0%
Walworth County 952 22.2%
Waukesha County 742 28.6%
Kenosha County 704 57.1%
Winnebago County 640 0.0%
Rock County 541 20.0%
Marathon County 532 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: 195 applications in 2025, of which 104 were originated and 53 denied.

27.2% of all applications, or 33.3% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

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

About this data. Figures are Flagstar 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