Freedom Mortgage · Wisconsin · 2025

Freedom Mortgage in Wisconsin: approval rate, denial rate and rates (2025)

Freedom Mortgage took 2,068 mortgage applications in Wisconsin in 2025, ranking #24 of 938 lenders active in the state. It originated 44.4% of them and denied 9.1% (15.1% of the applications it decided), against a statewide denial rate of 14.0%.

2.1kApplicationsin WI
15.1%Decision denial ratestate 16.4%
6.25%Median ratestate 6.63%
$245,000Median loanstate $165,000
$248MVolume70 counties

Freedom Mortgage in Wisconsin vs the state

9.1%Denial rate-4.87 pts vs state
15.1%Decision denial rate-1.25 pts vs state
44.4%Origination rate-23.76 pts vs state
6.25%Median rate-0.38 pts vs state
0.14Rate spread (pts)+0.02 pts vs state
$90kMedian applicant income
918Loans originated
189Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
202361225916.5%6.75%#63
20241,51573211.6%6.38%#30
20252,0689189.1%6.25%#24

What Freedom Mortgage lends in Wisconsin

By loan purpose

Home purchase 118 6% · 15.3% denied
Refinance 954 46% · 3.6% denied
Cash-out refinance 990 48% · 13.8% denied
Other / HELOC 6 0% · 0.0% denied

By loan type

Conventional 231 11% · 9.5% denied
FHA 942 46% · 13.0% denied
VA 894 43% · 5.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Wisconsin applicants

Collateral 97 51%
Credit history 27 14%
Debt-to-income ratio 24 13%
Other 18 10%
Insufficient cash 11 6%
Incomplete application 5 3%
Employment history 4 2%
Unverifiable information 3 2%

Where in Wisconsin

Counties with the most Freedom Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 30511234 11.1%
Waukesha County 119587 5.9%
Brown County 964410 10.4%
Outagamie County 87416 6.9%
Dane County 82337 8.5%
Kenosha County 823314 17.1%
Racine County 82355 6.1%
Winnebago County 79375 6.3%
Rock County 76339 11.8%
Washington County 60276 10.0%

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: 2,068 applications in 2025, of which 918 were originated and 189 denied.

9.1% of all applications, or 15.1% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Freedom Mortgage originated in Wisconsin in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Freedom Mortgage'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