Frandsen Bank & Trust · Wisconsin · 2025

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

Frandsen Bank & Trust took 214 mortgage applications in Wisconsin in 2025, ranking #152 of 938 lenders active in the state. It originated 72.0% of them and denied 8.9% (10.9% of the applications it decided), against a statewide denial rate of 14.0%.

214Applicationsin WI
10.9%Decision denial ratestate 16.4%
6.88%Median ratestate 6.63%
$185,000Median loanstate $165,000
$38MVolume28 counties

Frandsen Bank & Trust in Wisconsin vs the state

8.9%Denial rate-5.13 pts vs state
10.9%Decision denial rate-5.50 pts vs state
72.0%Origination rate+3.81 pts vs state
6.88%Median rate+0.25 pts vs state
0.16Rate spread (pts)+0.04 pts vs state
$121kMedian applicant income
154Loans originated
19Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231921488.3%6.73%#134
202415912011.3%7.00%#161
20252141548.9%6.88%#152

What Frandsen Bank & Trust lends in Wisconsin

By loan purpose

Home purchase 111 52% · 3.6% denied
Refinance 20 9% · 0.0% denied
Cash-out refinance 9 4% · 33.3% denied
Home improvement 44 21% · 9.1% denied
Other / HELOC 30 14% · 26.7% denied

By loan type

Conventional 214 100% · 8.9% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 3 43%
Credit history 2 29%
Collateral 1 14%
Other 1 14%

Where in Wisconsin

Counties with the most Frandsen Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sawyer County 51397 13.7%
Polk County 40226 15.0%
Eau Claire County 27230 0.0%
Douglas County 18112 11.1%
Burnett County 1391 7.7%
Barron County 1190 0.0%
Chippewa County 840 0.0%
St. Croix County 770 0.0%
Washburn County 750 0.0%
Bayfield County 650 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: 214 applications in 2025, of which 154 were originated and 19 denied.

8.9% of all applications, or 10.9% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

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

About this data. Figures are Frandsen 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