Ixonia Bank · Wisconsin · 2025

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

Ixonia Bank took 1,676 mortgage applications in Wisconsin in 2025, ranking #30 of 938 lenders active in the state. It originated 74.3% of them and denied 2.2% (2.9% of the applications it decided), against a statewide denial rate of 14.0%.

1.7kApplicationsin WI
2.9%Decision denial ratestate 16.4%
6.75%Median ratestate 6.63%
$275,000Median loanstate $165,000
$390MVolume59 counties

Ixonia Bank in Wisconsin vs the state

2.2%Denial rate-11.80 pts vs state
2.9%Decision denial rate-13.50 pts vs state
74.3%Origination rate+6.13 pts vs state
6.75%Median rate+0.13 pts vs state
0.53Rate spread (pts)+0.41 pts vs state
$102kMedian applicant income
1,245Loans originated
37Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20238116374.2%6.99%#49
20241,0528073.2%6.88%#43
20251,6761,2452.2%6.75%#30

What Ixonia Bank lends in Wisconsin

By loan purpose

Home purchase 1,260 75% · 2.7% denied
Refinance 283 17% · 0.7% denied
Cash-out refinance 92 5% · 1.1% denied
Home improvement 7 0% · 0.0% denied
Other / HELOC 34 2% · 0.0% denied

By loan type

Conventional 1,257 75% · 1.3% denied
FHA 272 16% · 5.2% denied
VA 59 4% · 1.7% denied
USDA / RHS 88 5% · 6.8% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 13 35%
Credit history 9 24%
Collateral 9 24%
Insufficient cash 3 8%
Other 2 5%
Unverifiable information 1 3%

Where in Wisconsin

Counties with the most Ixonia Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 5443889 1.7%
Waukesha County 2661991 0.4%
Wood County 85606 7.1%
Marathon County 67453 4.5%
Washington County 60420 0.0%
Dane County 53440 0.0%
Racine County 50360 0.0%
Ozaukee County 43360 0.0%
Outagamie County 40330 0.0%
St. Croix County 38310 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: 1,676 applications in 2025, of which 1,245 were originated and 37 denied.

2.2% of all applications, or 2.9% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

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

About this data. Figures are Ixonia 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