Lower in Wisconsin vs the state
12.7%Denial rate-1.27 pts vs state
17.6%Decision denial rate+1.26 pts vs state
58.0%Origination rate-10.19 pts vs state
6.63%Median rate0.00 pts vs state
0.32Rate spread (pts)+0.20 pts vs state
$99kMedian applicant income
182Loans originated
40Denied
Trend in Wisconsin
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 177 | 130 | 10.2% | 7.13% | #148 |
| 2024 | 257 | 167 | 8.2% | 6.88% | #115 |
| 2025 | 314 | 182 | 12.7% | 6.63% | #115 |
What Lower lends in Wisconsin
By loan purpose
By loan type
Why it denied Wisconsin applicants
Where in Wisconsin
Counties with the most Lower applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Milwaukee County | 62 | 41 | 6 | 9.7% |
| Waukesha County | 37 | 24 | 4 | 10.8% |
| Brown County | 22 | 15 | 1 | 4.5% |
| Racine County | 15 | 9 | 3 | 20.0% |
| Kenosha County | 15 | 11 | 0 | 0.0% |
| Outagamie County | 15 | 9 | 2 | 13.3% |
| Washington County | 13 | 7 | 3 | 23.1% |
| Walworth County | 12 | 6 | 2 | 16.7% |
| Dane County | 12 | 3 | 3 | 25.0% |
| Winnebago County | 9 | 3 | 3 | 33.3% |
Other large lenders in Wisconsin
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Summit Credit Union | A | 15,483 | 13.8% | 6.75% |
| University of Wisconsin Credit Union | A | 11,781 | 13.8% | 6.50% |
| Landmark Credit Union | A | 9,393 | 17.7% | 6.50% |
| Rocket Mortgage | C | 7,819 | 18.0% | 6.63% |
| Associated Bank | B | 7,451 | 23.7% | 6.88% |
| BMO Bank | F | 5,202 | 25.3% | 8.23% |
| Educators Credit Union | B | 4,930 | 24.3% | 6.95% |
| U.S. Bank | D | 4,710 | 26.0% | 6.88% |
| Covantage Credit Union | B | 4,581 | 7.7% | 6.50% |
| United Shore Financial Services | B | 4,421 | 11.8% | 6.38% |
Frequently asked questions
Wisconsin: 314 applications in 2025, of which 182 were originated and 40 denied.
12.7% of all applications, or 17.6% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.
The median rate on loans Lower originated in Wisconsin in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Lower'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