Great Lakes Credit Union · Wisconsin · 2025

Great Lakes Credit Union in Wisconsin: approval rate, denial rate and rates (2025)

Great Lakes Credit Union took 13 mortgage applications in Wisconsin in 2025, ranking #456 of 938 lenders active in the state. It originated 46.2% of them and denied 30.8% (40.0% of the applications it decided), against a statewide denial rate of 14.0%.

13Applicationsin WI
40.0%Decision denial ratestate 16.4%
8.50%Median ratestate 6.63%
$55,000Median loanstate $165,000
$380kVolume5 counties

Great Lakes Credit Union in Wisconsin vs the state

30.8%Denial rate+16.76 pts vs state
40.0%Decision denial rate+23.64 pts vs state
46.2%Origination rate-22.00 pts vs state
8.50%Median rate+1.88 pts vs state
1.84Rate spread (pts)+1.72 pts vs state
$102kMedian applicant income
6Loans originated
4Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023522440.4%8.75%#303
2024161012.5%9.50%#435
202513630.8%8.50%#456

What Great Lakes Credit Union lends in Wisconsin

By loan purpose

Cash-out refinance 1 8% · 0.0% denied
Home improvement 8 62% · 37.5% denied
Other / HELOC 4 31% · 25.0% denied

By loan type

Conventional 13 100% · 30.8% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 2 50%
Credit history 2 50%

Where in Wisconsin

Counties with the most Great Lakes Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kenosha County 851 12.5%
Walworth County 211 50.0%
Bayfield County 100 0.0%
Winnebago County 101 100.0%
Dane County 101 100.0%

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: 13 applications in 2025, of which 6 were originated and 4 denied.

30.8% of all applications, or 40.0% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Great Lakes Credit Union originated in Wisconsin in 2025 was 8.50%, against a statewide median of 6.63%.

About this data. Figures are Great Lakes Credit Union'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