Mortgage Research Center in Wisconsin vs the state
15.8%Denial rate+1.74 pts vs state
22.4%Decision denial rate+6.01 pts vs state
54.3%Origination rate-13.90 pts vs state
6.25%Median rate-0.38 pts vs state
-0.22Rate spread (pts)-0.34 pts vs state
$91kMedian applicant income
1,743Loans originated
506Denied
Trend in Wisconsin
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,924 | 1,084 | 16.1% | 6.75% | #20 |
| 2024 | 2,456 | 1,426 | 15.4% | 6.50% | #20 |
| 2025 | 3,213 | 1,743 | 15.8% | 6.25% | #15 |
What Mortgage Research Center lends in Wisconsin
By loan purpose
By loan type
Why it denied Wisconsin applicants
Where in Wisconsin
Counties with the most Mortgage Research Center applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Milwaukee County | 321 | 169 | 56 | 17.4% |
| Rock County | 153 | 91 | 32 | 20.9% |
| Waukesha County | 129 | 51 | 27 | 20.9% |
| Winnebago County | 125 | 67 | 19 | 15.2% |
| Kenosha County | 123 | 70 | 23 | 18.7% |
| Racine County | 122 | 61 | 19 | 15.6% |
| Brown County | 119 | 73 | 19 | 16.0% |
| Dane County | 117 | 56 | 15 | 12.8% |
| Marathon County | 111 | 59 | 13 | 11.7% |
| Outagamie County | 89 | 48 | 12 | 13.5% |
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: 3,213 applications in 2025, of which 1,743 were originated and 506 denied.
15.8% of all applications, or 22.4% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.
The median rate on loans Mortgage Research Center originated in Wisconsin in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Mortgage Research Center'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