Guaranteed Rate · Wisconsin · 2025

Guaranteed Rate in Wisconsin: approval rate, denial rate and rates (2025)

Guaranteed Rate took 1,797 mortgage applications in Wisconsin in 2025, ranking #27 of 938 lenders active in the state. It originated 65.0% of them and denied 5.4% (7.6% of the applications it decided), against a statewide denial rate of 14.0%.

1.8kApplicationsin WI
7.6%Decision denial ratestate 16.4%
6.53%Median ratestate 6.63%
$285,000Median loanstate $165,000
$385MVolume66 counties

Guaranteed Rate in Wisconsin vs the state

5.4%Denial rate-8.61 pts vs state
7.6%Decision denial rate-8.78 pts vs state
65.0%Origination rate-3.15 pts vs state
6.53%Median rate-0.10 pts vs state
0.20Rate spread (pts)+0.08 pts vs state
$115kMedian applicant income
1,168Loans originated
97Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,2808063.8%6.88%#28
20241,2518546.6%6.78%#35
20251,7971,1685.4%6.53%#27

What Guaranteed Rate lends in Wisconsin

By loan purpose

Home purchase 1,254 70% · 2.7% denied
Refinance 266 15% · 2.6% denied
Cash-out refinance 183 10% · 8.2% denied
Home improvement 31 2% · 45.2% denied
Other / HELOC 63 4% · 42.9% denied

By loan type

Conventional 1,457 81% · 5.5% denied
FHA 173 10% · 7.5% denied
VA 154 9% · 2.0% denied
USDA / RHS 13 1% · 7.7% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 24 25%
Credit history 23 24%
Incomplete application 22 23%
Other 11 11%
Collateral 8 8%
Insufficient cash 5 5%
Employment history 3 3%
Unverifiable information 1 1%

Where in Wisconsin

Counties with the most Guaranteed Rate applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 24313717 7.0%
Dane County 2091662 1.0%
Waukesha County 149876 4.0%
Walworth County 142906 4.2%
Brown County 123933 2.4%
Marinette County 84651 1.2%
St. Croix County 84683 3.6%
Kenosha County 66394 6.1%
Racine County 58373 5.2%
Pierce County 50353 6.0%

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: 1,797 applications in 2025, of which 1,168 were originated and 97 denied.

5.4% of all applications, or 7.6% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Guaranteed Rate originated in Wisconsin in 2025 was 6.53%, against a statewide median of 6.63%.

About this data. Figures are Guaranteed Rate'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