Granite Bank · Wisconsin · 2025

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

Granite Bank took 147 mortgage applications in Wisconsin in 2025, ranking #208 of 938 lenders active in the state. It originated 81.0% of them and denied 6.1% (7.0% of the applications it decided), against a statewide denial rate of 14.0%.

147Applicationsin WI
7.0%Decision denial ratestate 16.4%
6.50%Median ratestate 6.63%
$265,000Median loanstate $165,000
$33MVolume30 counties

Granite Bank in Wisconsin vs the state

6.1%Denial rate-7.89 pts vs state
7.0%Decision denial rate-9.38 pts vs state
81.0%Origination rate+12.80 pts vs state
6.50%Median rate-0.13 pts vs state
0.33Rate spread (pts)+0.21 pts vs state
$97kMedian applicant income
119Loans originated
9Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
202468541.5%6.69%#287
20251471196.1%6.50%#208

What Granite Bank lends in Wisconsin

By loan purpose

Home purchase 122 83% · 2.5% denied
Refinance 16 11% · 6.3% denied
Cash-out refinance 7 5% · 71.4% denied
Home improvement 1 1% · 0.0% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 111 76% · 6.3% denied
FHA 30 20% · 6.7% denied
VA 5 3% · 0.0% denied
USDA / RHS 1 1% · 0.0% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 5 56%
Credit history 2 22%
Incomplete application 1 11%
Employment history 1 11%

Where in Wisconsin

Counties with the most Granite Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 52422 3.8%
La Crosse County 23210 0.0%
St. Croix County 1283 25.0%
Polk County 1172 18.2%
Pierce County 871 12.5%
Waukesha County 640 0.0%
Vernon County 320 0.0%
Jefferson County 210 0.0%
Washburn County 220 0.0%
Buffalo County 220 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: 147 applications in 2025, of which 119 were originated and 9 denied.

6.1% of all applications, or 7.0% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Granite Bank originated in Wisconsin in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Granite 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