Horicon Bank · Wisconsin · 2025

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

Horicon Bank took 527 mortgage applications in Wisconsin in 2025, ranking #83 of 938 lenders active in the state. It originated 80.5% of them and denied 6.3% (7.2% of the applications it decided), against a statewide denial rate of 14.0%.

527Applicationsin WI
7.2%Decision denial ratestate 16.4%
6.75%Median ratestate 6.63%
$185,000Median loanstate $165,000
$99MVolume43 counties

Horicon Bank in Wisconsin vs the state

6.3%Denial rate-7.75 pts vs state
7.2%Decision denial rate-9.20 pts vs state
80.5%Origination rate+12.31 pts vs state
6.75%Median rate+0.13 pts vs state
0.18Rate spread (pts)+0.06 pts vs state
$114kMedian applicant income
424Loans originated
33Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235444607.4%6.98%#73
20244733927.6%7.00%#87
20255274246.3%6.75%#83

What Horicon Bank lends in Wisconsin

By loan purpose

Home purchase 295 56% · 3.7% denied
Refinance 62 12% · 8.1% denied
Cash-out refinance 86 16% · 9.3% denied
Home improvement 32 6% · 9.4% denied
Other / HELOC 52 10% · 11.5% denied

By loan type

Conventional 527 100% · 6.3% denied

Why it denied Wisconsin applicants

Credit history 17 52%
Debt-to-income ratio 9 27%
Collateral 5 15%
Insufficient cash 2 6%

Where in Wisconsin

Counties with the most Horicon Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Dodge County 1731448 4.6%
Fond du Lac County 1088312 11.1%
Washington County 59493 5.1%
Green Lake County 28222 7.1%
Winnebago County 25240 0.0%
Milwaukee County 21161 4.8%
Waukesha County 19102 10.5%
Outagamie County 14121 7.1%
Ozaukee County 1370 0.0%
Columbia County 980 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: 527 applications in 2025, of which 424 were originated and 33 denied.

6.3% of all applications, or 7.2% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Horicon Bank originated in Wisconsin in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Horicon 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