Nations Lending · Wisconsin · 2025

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

Nations Lending took 1,065 mortgage applications in Wisconsin in 2025, ranking #47 of 938 lenders active in the state. It originated 88.5% of them and denied 2.8% (2.9% of the applications it decided), against a statewide denial rate of 14.0%.

1.1kApplicationsin WI
2.9%Decision denial ratestate 16.4%
6.63%Median ratestate 6.63%
$245,000Median loanstate $165,000
$253MVolume58 counties

Nations Lending in Wisconsin vs the state

2.8%Denial rate-11.19 pts vs state
2.9%Decision denial rate-13.46 pts vs state
88.5%Origination rate+20.39 pts vs state
6.63%Median rate0.00 pts vs state
0.28Rate spread (pts)+0.16 pts vs state
$93kMedian applicant income
943Loans originated
30Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236245304.0%7.00%#60
20248016943.3%6.75%#56
20251,0659432.8%6.63%#47

What Nations Lending lends in Wisconsin

By loan purpose

Home purchase 833 78% · 2.3% denied
Refinance 153 14% · 2.6% denied
Cash-out refinance 77 7% · 9.1% denied
Other / HELOC 2 0% · 0.0% denied

By loan type

Conventional 786 74% · 2.2% denied
FHA 183 17% · 6.0% denied
VA 69 6% · 0.0% denied
USDA / RHS 27 3% · 7.4% denied

Why it denied Wisconsin applicants

Collateral 13 43%
Debt-to-income ratio 6 20%
Credit history 6 20%
Other 3 10%
Insufficient cash 1 3%
Unverifiable information 1 3%

Where in Wisconsin

Counties with the most Nations Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 1491286 4.0%
Brown County 1311241 0.8%
Winnebago County 91832 2.2%
Dane County 89803 3.4%
Outagamie County 83732 2.4%
Wood County 49432 4.1%
Waukesha County 46440 0.0%
Fond du Lac County 39361 2.6%
Rock County 33253 9.1%
Clark County 29221 3.4%

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: 1,065 applications in 2025, of which 943 were originated and 30 denied.

2.8% of all applications, or 2.9% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

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

About this data. Figures are Nations Lending'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