Luminate Home Loans in Wisconsin vs the state
5.0%Denial rate-9.01 pts vs state
7.1%Decision denial rate-9.22 pts vs state
65.0%Origination rate-3.15 pts vs state
7.25%Median rate+0.63 pts vs state
0.86Rate spread (pts)+0.74 pts vs state
$116kMedian applicant income
26Loans originated
2Denied
Trend in Wisconsin
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 408 | 278 | 6.4% | 6.75% | #89 |
| 2024 | 286 | 190 | 3.2% | 6.88% | #108 |
| 2025 | 40 | 26 | 5.0% | 7.25% | #361 |
What Luminate Home Loans lends in Wisconsin
By loan purpose
By loan type
Why it denied Wisconsin applicants
Where in Wisconsin
Counties with the most Luminate Home Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Brown County | 7 | 6 | 0 | 0.0% |
| Milwaukee County | 6 | 1 | 0 | 0.0% |
| Pierce County | 6 | 3 | 0 | 0.0% |
| Waukesha County | 5 | 4 | 1 | 20.0% |
| Racine County | 4 | 2 | 0 | 0.0% |
| Waupaca County | 2 | 2 | 0 | 0.0% |
| Outagamie County | 1 | 0 | 1 | 100.0% |
| Calumet County | 1 | 1 | 0 | 0.0% |
| Oneida County | 1 | 1 | 0 | 0.0% |
| Walworth County | 1 | 1 | 0 | 0.0% |
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: 40 applications in 2025, of which 26 were originated and 2 denied.
5.0% of all applications, or 7.1% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.
The median rate on loans Luminate Home Loans originated in Wisconsin in 2025 was 7.25%, against a statewide median of 6.63%.
About this data. Figures are Luminate Home Loans'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