Manufacturers and Traders Trust · Wisconsin · 2025

Manufacturers and Traders Trust in Wisconsin: approval rate, denial rate and rates (2025)

Manufacturers and Traders Trust took 42 mortgage applications in Wisconsin in 2025, ranking #349 of 938 lenders active in the state. It originated 47.6% of them and denied 26.2% (35.5% of the applications it decided), against a statewide denial rate of 14.0%.

42Applicationsin WI
35.5%Decision denial ratestate 16.4%
6.25%Median ratestate 6.63%
$210,000Median loanstate $165,000
$4.5MVolume22 counties

Manufacturers and Traders Trust in Wisconsin vs the state

26.2%Denial rate+12.18 pts vs state
35.5%Decision denial rate+19.12 pts vs state
47.6%Origination rate-20.53 pts vs state
6.25%Median rate-0.38 pts vs state
0.17Rate spread (pts)+0.05 pts vs state
$95kMedian applicant income
20Loans originated
11Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023481533.3%6.50%#312
2024341820.6%6.25%#360
2025422026.2%6.25%#349

What Manufacturers and Traders Trust lends in Wisconsin

By loan purpose

Home purchase 8 19% · 25.0% denied
Refinance 2 5% · 0.0% denied
Cash-out refinance 27 64% · 22.2% denied
Home improvement 1 2% · 100.0% denied
Other / HELOC 4 10% · 50.0% denied

By loan type

Conventional 15 36% · 40.0% denied
FHA 20 48% · 25.0% denied
VA 7 17% · 0.0% denied

Why it denied Wisconsin applicants

Credit history 5 45%
Other 3 27%
Debt-to-income ratio 2 18%
Unverifiable information 1 9%

Where in Wisconsin

Counties with the most Manufacturers and Traders Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 833 37.5%
Rock County 330 0.0%
Racine County 311 33.3%
Brown County 321 33.3%
Outagamie County 320 0.0%
Jefferson County 311 33.3%
Chippewa County 312 66.7%
Dane County 210 0.0%
Marquette County 101 100.0%
Polk County 110 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: 42 applications in 2025, of which 20 were originated and 11 denied.

26.2% of all applications, or 35.5% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Manufacturers and Traders Trust originated in Wisconsin in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Manufacturers and Traders Trust'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