Northern State Bank · Wisconsin · 2025

Northern State Bank in Wisconsin: approval rate, denial rate and rates (2025)

Northern State Bank took 145 mortgage applications in Wisconsin in 2025, ranking #209 of 938 lenders active in the state. It originated 68.3% of them and denied 11.7% (14.7% of the applications it decided), against a statewide denial rate of 14.0%.

145Applicationsin WI
14.7%Decision denial ratestate 16.4%
Median ratestate 6.63%
$115,000Median loanstate $165,000
$16MVolume8 counties

Northern State Bank in Wisconsin vs the state

11.7%Denial rate-2.29 pts vs state
14.7%Decision denial rate-1.70 pts vs state
68.3%Origination rate+0.13 pts vs state
Median rate
Rate spread (pts)
$88kMedian applicant income
99Loans originated
17Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023117796.0%#197
20241301008.5%#193
20251459911.7%#209

What Northern State Bank lends in Wisconsin

By loan purpose

Home purchase 66 46% · 10.6% denied
Refinance 57 39% · 8.8% denied
Home improvement 5 3% · 0.0% denied
Other / HELOC 17 12% · 29.4% denied

By loan type

Conventional 145 100% · 11.7% denied

Where in Wisconsin

Counties with the most Northern State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ashland County 886210 11.4%
Bayfield County 44304 9.1%
Price County 522 40.0%
Iron County 430 0.0%
Brown County 110 0.0%
Wood County 101 100.0%
Vilas County 100 0.0%
Douglas County 110 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: 145 applications in 2025, of which 99 were originated and 17 denied.

11.7% of all applications, or 14.7% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Northern State Bank'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