Lendage · Wisconsin · 2025

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

Lendage took 328 mortgage applications in Wisconsin in 2025, ranking #108 of 938 lenders active in the state. It originated 76.2% of them and denied 11.3% (12.3% of the applications it decided), against a statewide denial rate of 14.0%.

328Applicationsin WI
12.3%Decision denial ratestate 16.4%
11.50%Median ratestate 6.63%
$55,000Median loanstate $165,000
$17MVolume56 counties

Lendage in Wisconsin vs the state

11.3%Denial rate-2.73 pts vs state
12.3%Decision denial rate-4.07 pts vs state
76.2%Origination rate+8.07 pts vs state
11.50%Median rate+4.88 pts vs state
5.22Rate spread (pts)+5.10 pts vs state
$108kMedian applicant income
250Loans originated
37Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
202415112111.3%12.75%#173
202532825011.3%11.50%#108

What Lendage lends in Wisconsin

By loan purpose

Refinance 78 24% · 9.0% denied
Cash-out refinance 6 2% · 66.7% denied
Home improvement 34 10% · 11.8% denied
Other / HELOC 210 64% · 10.5% denied

By loan type

Conventional 328 100% · 11.3% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 16 43%
Other 8 22%
Collateral 7 19%
Credit history 5 14%
Unverifiable information 1 3%

Where in Wisconsin

Counties with the most Lendage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 42315 11.9%
Waukesha County 30234 13.3%
Racine County 25214 16.0%
Dane County 21182 9.5%
Brown County 19180 0.0%
Kenosha County 15113 20.0%
Outagamie County 1282 16.7%
Rock County 11101 9.1%
Jefferson County 1090 0.0%
Washington County 1050 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: 328 applications in 2025, of which 250 were originated and 37 denied.

11.3% of all applications, or 12.3% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Lendage originated in Wisconsin in 2025 was 11.50%, against a statewide median of 6.63%.

About this data. Figures are Lendage'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