Marine Credit Union · Wisconsin · 2025

Marine Credit Union in Wisconsin: approval rate, denial rate and rates (2025)

Marine Credit Union took 2,450 mortgage applications in Wisconsin in 2025, ranking #21 of 938 lenders active in the state. It originated 36.5% of them and denied 34.1% (44.3% of the applications it decided), against a statewide denial rate of 14.0%.

2.5kApplicationsin WI
44.3%Decision denial ratestate 16.4%
8.73%Median ratestate 6.63%
$115,000Median loanstate $165,000
$117MVolume70 counties

Marine Credit Union in Wisconsin vs the state

34.1%Denial rate+20.11 pts vs state
44.3%Decision denial rate+27.90 pts vs state
36.5%Origination rate-31.70 pts vs state
8.73%Median rate+2.11 pts vs state
2.69Rate spread (pts)+2.57 pts vs state
$79kMedian applicant income
893Loans originated
836Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,38385833.2%8.63%#17
20242,15576235.5%9.38%#22
20252,45089334.1%8.73%#21

What Marine Credit Union lends in Wisconsin

By loan purpose

Home purchase 412 17% · 32.0% denied
Refinance 277 11% · 24.9% denied
Cash-out refinance 1,761 72% · 36.1% denied

By loan type

Conventional 2,450 100% · 34.1% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 368 44%
Credit history 288 34%
Incomplete application 68 8%
Collateral 54 6%
Unverifiable information 21 3%
Other 16 2%
Employment history 12 1%
Insufficient cash 9 1%

Where in Wisconsin

Counties with the most Marine Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 368111155 42.1%
Fond du Lac County 2139263 29.6%
Eau Claire County 1143939 34.2%
Chippewa County 1103342 38.2%
Brown County 1104829 26.4%
La Crosse County 1045225 24.0%
Racine County 842231 36.9%
Dodge County 803620 25.0%
Sheboygan County 632217 27.0%
Crawford County 622514 22.6%

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: 2,450 applications in 2025, of which 893 were originated and 836 denied.

34.1% of all applications, or 44.3% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Marine Credit Union originated in Wisconsin in 2025 was 8.73%, against a statewide median of 6.63%.

About this data. Figures are Marine Credit Union'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