New Day Financial · Wisconsin · 2025

New Day Financial in Wisconsin: approval rate, denial rate and rates (2025)

New Day Financial took 718 mortgage applications in Wisconsin in 2025, ranking #71 of 938 lenders active in the state. It originated 20.9% of them and denied 24.9% (52.0% of the applications it decided), against a statewide denial rate of 14.0%.

718Applicationsin WI
52.0%Decision denial ratestate 16.4%
6.99%Median ratestate 6.63%
$225,000Median loanstate $165,000
$37MVolume70 counties

New Day Financial in Wisconsin vs the state

24.9%Denial rate+10.92 pts vs state
52.0%Decision denial rate+35.67 pts vs state
20.9%Origination rate-47.26 pts vs state
6.99%Median rate+0.37 pts vs state
0.84Rate spread (pts)+0.72 pts vs state
$68kMedian applicant income
150Loans originated
179Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235369224.6%7.49%#76
202461812822.3%7.50%#69
202571815024.9%6.99%#71

What New Day Financial lends in Wisconsin

By loan purpose

Home purchase 17 2% · 5.9% denied
Refinance 69 10% · 2.9% denied
Cash-out refinance 608 85% · 27.8% denied
Other / HELOC 24 3% · 29.2% denied

By loan type

FHA 32 4% · 31.3% denied
VA 686 96% · 24.6% denied

Why it denied Wisconsin applicants

Credit history 98 55%
Debt-to-income ratio 59 33%
Collateral 13 7%
Other 8 4%
Unverifiable information 1 1%

Where in Wisconsin

Counties with the most New Day Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 871923 26.4%
Racine County 3488 23.5%
Rock County 3068 26.7%
Winnebago County 3064 13.3%
Waukesha County 2429 37.5%
Outagamie County 2353 13.0%
Kenosha County 2385 21.7%
Brown County 2061 5.0%
Fond du Lac County 1924 21.1%
Dodge County 1744 23.5%

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: 718 applications in 2025, of which 150 were originated and 179 denied.

24.9% of all applications, or 52.0% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans New Day Financial originated in Wisconsin in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are New Day Financial'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