Laona State Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
50th9.7% deniedProcesswithdrawn + incomplete share, weight 15%
80th4.6%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 117 | 93 | 4.3% | 4.4% | — | $11M |
| 2024 | 151 | 118 | 8.0% | 8.3% | — | $18M |
| 2025 | 151 | 112 | 9.3% | 9.7% | — | $17M |
What Laona State Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 18 manufactured homes, 7 investment properties.
Why Laona State Bank denies applications
Primary reason reported for each of the 14 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Laona State Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 24 | 16 | 8.3% |
| $50k – $100k | 60 | 44 | 10.5% |
| $100k – $150k | 23 | 20 | 4.6% |
| $150k – $250k | 25 | 18 | 17.4% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 23 | 16 | 21.7% |
| 35–44 | 24 | 16 | 16.7% |
| 45–54 | 28 | 22 | 7.4% |
| 55–64 | 40 | 28 | 5.9% |
Where Laona State Bank lends
2 states and 10 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Wisconsin | 150 | 111 | 9.3% | — | #204 |
Frequently asked questions
Laona State Bank denied 9.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 50th percentile of small mortgage lenders.
The most common reason Laona State Bank gave in 2025 was "credit history", cited on 42.9% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
In 2025, 52% of its applications were for home purchases, 30% for refinancing (including cash-out), and 18% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.