MidWestOne Bank · Wisconsin · 2025

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

MidWestOne Bank took 193 mortgage applications in Wisconsin in 2025, ranking #165 of 938 lenders active in the state. It originated 74.1% of them and denied 18.1% (19.3% of the applications it decided), against a statewide denial rate of 14.0%.

193Applicationsin WI
19.3%Decision denial ratestate 16.4%
5.99%Median ratestate 6.63%
$125,000Median loanstate $165,000
$30MVolume19 counties

MidWestOne Bank in Wisconsin vs the state

18.1%Denial rate+4.12 pts vs state
19.3%Decision denial rate+2.98 pts vs state
74.1%Origination rate+5.94 pts vs state
5.99%Median rate-0.63 pts vs state
-1.16Rate spread (pts)-1.28 pts vs state
$101kMedian applicant income
143Loans originated
35Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
202315010516.7%6.24%#165
202418312721.3%6.99%#150
202519314318.1%5.99%#165

What MidWestOne Bank lends in Wisconsin

By loan purpose

Home purchase 45 23% · 6.7% denied
Refinance 52 27% · 11.5% denied
Cash-out refinance 6 3% · 16.7% denied
Home improvement 30 16% · 30.0% denied
Other / HELOC 60 31% · 26.7% denied

By loan type

Conventional 192 99% · 18.2% denied
USDA / RHS 1 1% · 0.0% denied

Why it denied Wisconsin applicants

Collateral 12 34%
Debt-to-income ratio 10 29%
Credit history 8 23%
Unverifiable information 2 6%
Incomplete application 2 6%
Other 1 3%

Where in Wisconsin

Counties with the most MidWestOne Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Grant County 66509 13.6%
Polk County 523811 21.2%
St. Croix County 493412 24.5%
Lafayette County 751 14.3%
Dane County 330 0.0%
Green County 220 0.0%
Pierce County 220 0.0%
Milwaukee County 110 0.0%
Jackson County 101 100.0%
La Crosse 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: 193 applications in 2025, of which 143 were originated and 35 denied.

18.1% of all applications, or 19.3% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans MidWestOne Bank originated in Wisconsin in 2025 was 5.99%, against a statewide median of 6.63%.

About this data. Figures are MidWestOne 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