Pennymac Loan Services in Wisconsin vs the state
12.7%Denial rate-1.30 pts vs state
18.2%Decision denial rate+1.88 pts vs state
54.5%Origination rate-13.62 pts vs state
6.38%Median rate-0.25 pts vs state
0.27Rate spread (pts)+0.15 pts vs state
$89kMedian applicant income
1,253Loans originated
292Denied
Trend in Wisconsin
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 905 | 415 | 15.1% | 6.50% | #42 |
| 2024 | 1,595 | 849 | 11.7% | 6.25% | #25 |
| 2025 | 2,298 | 1,253 | 12.7% | 6.38% | #22 |
What Pennymac Loan Services lends in Wisconsin
By loan purpose
By loan type
Why it denied Wisconsin applicants
Where in Wisconsin
Counties with the most Pennymac Loan Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Milwaukee County | 392 | 191 | 39 | 9.9% |
| Waukesha County | 199 | 135 | 18 | 9.0% |
| Racine County | 100 | 47 | 21 | 21.0% |
| Brown County | 80 | 37 | 9 | 11.3% |
| Dane County | 77 | 47 | 7 | 9.1% |
| Kenosha County | 66 | 39 | 4 | 6.1% |
| Rock County | 64 | 39 | 13 | 20.3% |
| St. Croix County | 62 | 36 | 10 | 16.1% |
| Outagamie County | 61 | 37 | 6 | 9.8% |
| Washington County | 59 | 33 | 8 | 13.6% |
Other large lenders in Wisconsin
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Summit Credit Union | A | 15,483 | 13.8% | 6.75% |
| University of Wisconsin Credit Union | A | 11,781 | 13.8% | 6.50% |
| Landmark Credit Union | A | 9,393 | 17.7% | 6.50% |
| Rocket Mortgage | C | 7,819 | 18.0% | 6.63% |
| Associated Bank | B | 7,451 | 23.7% | 6.88% |
| BMO Bank | F | 5,202 | 25.3% | 8.23% |
| Educators Credit Union | B | 4,930 | 24.3% | 6.95% |
| U.S. Bank | D | 4,710 | 26.0% | 6.88% |
| Covantage Credit Union | B | 4,581 | 7.7% | 6.50% |
| United Shore Financial Services | B | 4,421 | 11.8% | 6.38% |
Frequently asked questions
Wisconsin: 2,298 applications in 2025, of which 1,253 were originated and 292 denied.
12.7% of all applications, or 18.2% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.
The median rate on loans Pennymac Loan Services originated in Wisconsin in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Pennymac Loan Services'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