Magnolia Bank · Wisconsin · 2025

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

Magnolia Bank took 57 mortgage applications in Wisconsin in 2025, ranking #319 of 938 lenders active in the state. It originated 52.6% of them and denied 15.8% (22.5% of the applications it decided), against a statewide denial rate of 14.0%.

57Applicationsin WI
22.5%Decision denial ratestate 16.4%
6.19%Median ratestate 6.63%
$255,000Median loanstate $165,000
$8.7MVolume30 counties

Magnolia Bank in Wisconsin vs the state

15.8%Denial rate+1.78 pts vs state
22.5%Decision denial rate+6.14 pts vs state
52.6%Origination rate-15.52 pts vs state
6.19%Median rate-0.44 pts vs state
0.20Rate spread (pts)+0.08 pts vs state
$86kMedian applicant income
30Loans originated
9Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
202317817.7%6.19%#412
202430206.7%5.81%#373
2025573015.8%6.19%#319

What Magnolia Bank lends in Wisconsin

By loan purpose

Home purchase 17 30% · 23.5% denied
Refinance 1 2% · 0.0% denied
Cash-out refinance 37 65% · 13.5% denied
Other / HELOC 2 4% · 0.0% denied

By loan type

Conventional 11 19% · 18.2% denied
FHA 9 16% · 22.2% denied
VA 34 60% · 14.7% denied
USDA / RHS 3 5% · 0.0% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 5 56%
Credit history 2 22%
Collateral 1 11%
Other 1 11%

Where in Wisconsin

Counties with the most Magnolia Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
St. Croix County 833 37.5%
Brown County 541 20.0%
Racine County 430 0.0%
Oneida County 310 0.0%
Milwaukee County 311 33.3%
Dane County 321 33.3%
Fond du Lac County 301 33.3%
Waukesha County 300 0.0%
Dodge County 210 0.0%
Rock County 210 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: 57 applications in 2025, of which 30 were originated and 9 denied.

15.8% of all applications, or 22.5% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Magnolia Bank originated in Wisconsin in 2025 was 6.19%, against a statewide median of 6.63%.

About this data. Figures are Magnolia 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