Navy Federal Credit Union · Wisconsin · 2025

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

Navy Federal Credit Union took 1,195 mortgage applications in Wisconsin in 2025, ranking #42 of 938 lenders active in the state. It originated 50.4% of them and denied 18.1% (26.2% of the applications it decided), against a statewide denial rate of 14.0%.

1.2kApplicationsin WI
26.2%Decision denial ratestate 16.4%
6.63%Median ratestate 6.63%
$185,000Median loanstate $165,000
$140MVolume67 counties

Navy Federal Credit Union in Wisconsin vs the state

18.1%Denial rate+4.07 pts vs state
26.2%Decision denial rate+9.85 pts vs state
50.4%Origination rate-17.77 pts vs state
6.63%Median rate0.00 pts vs state
-0.05Rate spread (pts)-0.17 pts vs state
$110kMedian applicant income
602Loans originated
216Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
202397144126.6%6.64%#39
20241,09756420.0%6.88%#41
20251,19560218.1%6.63%#42

What Navy Federal Credit Union lends in Wisconsin

By loan purpose

Home purchase 479 40% · 6.3% denied
Refinance 76 6% · 6.6% denied
Cash-out refinance 162 14% · 21.6% denied
Home improvement 251 21% · 27.9% denied
Other / HELOC 227 19% · 33.5% denied

By loan type

Conventional 824 69% · 22.2% denied
VA 371 31% · 8.9% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 70 32%
Other 54 25%
Credit history 50 23%
Collateral 19 9%
Unverifiable information 9 4%
Incomplete application 7 3%
Employment history 7 3%

Where in Wisconsin

Counties with the most Navy Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 2157667 31.2%
Kenosha County 874714 16.1%
Racine County 744810 13.5%
Waukesha County 693510 14.5%
Dane County 65336 9.2%
Brown County 44229 20.5%
Outagamie County 34207 20.6%
Walworth County 32183 9.4%
Marathon County 31156 19.4%
Winnebago County 29205 17.2%

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: 1,195 applications in 2025, of which 602 were originated and 216 denied.

18.1% of all applications, or 26.2% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

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

About this data. Figures are Navy Federal 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