Nations Direct Mortgage · Wisconsin · 2025

Nations Direct Mortgage in Wisconsin: approval rate, denial rate and rates (2025)

Nations Direct Mortgage took 15 mortgage applications in Wisconsin in 2025, ranking #442 of 938 lenders active in the state. It originated 60.0% of them and denied 20.0% (25.0% of the applications it decided), against a statewide denial rate of 14.0%.

15Applicationsin WI
25.0%Decision denial ratestate 16.4%
6.75%Median ratestate 6.63%
$215,000Median loanstate $165,000
$2.0MVolume7 counties

Nations Direct Mortgage in Wisconsin vs the state

20.0%Denial rate+5.99 pts vs state
25.0%Decision denial rate+8.64 pts vs state
60.0%Origination rate-8.15 pts vs state
6.75%Median rate+0.13 pts vs state
1.08Rate spread (pts)+0.96 pts vs state
$68kMedian applicant income
9Loans originated
3Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239611.1%7.44%#470
2024221513.6%6.75%#404
202515920.0%6.75%#442

What Nations Direct Mortgage lends in Wisconsin

By loan purpose

Home purchase 12 80% · 16.7% denied
Refinance 2 13% · 50.0% denied
Cash-out refinance 1 7% · 0.0% denied

By loan type

Conventional 7 47% · 42.9% denied
FHA 7 47% · 0.0% denied
VA 1 7% · 0.0% denied

Why it denied Wisconsin applicants

Collateral 2 67%
Employment history 1 33%

Where in Wisconsin

Counties with the most Nations Direct Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 623 50.0%
Rock County 320 0.0%
Racine County 220 0.0%
Kenosha County 110 0.0%
Brown County 110 0.0%
Wood County 110 0.0%
Dane County 100 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: 15 applications in 2025, of which 9 were originated and 3 denied.

20.0% of all applications, or 25.0% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Nations Direct Mortgage originated in Wisconsin in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Nations Direct Mortgage'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