Lake Ridge Bank · Wisconsin · 2025

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

Lake Ridge Bank took 886 mortgage applications in Wisconsin in 2025, ranking #57 of 938 lenders active in the state. It originated 79.6% of them and denied 6.6% (7.5% of the applications it decided), against a statewide denial rate of 14.0%.

886Applicationsin WI
7.5%Decision denial ratestate 16.4%
5.49%Median ratestate 6.63%
$205,000Median loanstate $165,000
$288MVolume34 counties

Lake Ridge Bank in Wisconsin vs the state

6.6%Denial rate-7.46 pts vs state
7.5%Decision denial rate-8.91 pts vs state
79.6%Origination rate+11.42 pts vs state
5.49%Median rate-1.13 pts vs state
-1.59Rate spread (pts)-1.71 pts vs state
$130kMedian applicant income
705Loans originated
58Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233672765.2%6.66%#94
20248666727.2%5.49%#53
20258867056.6%5.49%#57

What Lake Ridge Bank lends in Wisconsin

By loan purpose

Home purchase 355 40% · 2.8% denied
Refinance 212 24% · 8.0% denied
Cash-out refinance 39 4% · 28.2% denied
Home improvement 149 17% · 5.4% denied
Other / HELOC 131 15% · 9.2% denied

By loan type

Conventional 886 100% · 6.6% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 23 40%
Credit history 15 26%
Collateral 12 21%
Other 6 10%
Unverifiable information 1 2%
Employment history 1 2%

Where in Wisconsin

Counties with the most Lake Ridge Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Dane County 62250137 5.9%
Rock County 75614 5.3%
Green County 44365 11.4%
Sauk County 43343 7.0%
Columbia County 24191 4.2%
Iowa County 22125 22.7%
Jefferson County 751 14.3%
Waukesha County 421 25.0%
Juneau County 320 0.0%
Dodge County 321 33.3%

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: 886 applications in 2025, of which 705 were originated and 58 denied.

6.6% of all applications, or 7.5% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Lake Ridge Bank originated in Wisconsin in 2025 was 5.49%, against a statewide median of 6.63%.

About this data. Figures are Lake Ridge 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