Peoples State Bank · Wisconsin · 2025

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

Peoples State Bank took 370 mortgage applications in Wisconsin in 2025, ranking #102 of 938 lenders active in the state. It originated 71.1% of them and denied 10.8% (11.9% of the applications it decided), against a statewide denial rate of 14.0%.

370Applicationsin WI
11.9%Decision denial ratestate 16.4%
6.95%Median ratestate 6.63%
$215,000Median loanstate $165,000
$70MVolume33 counties

Peoples State Bank in Wisconsin vs the state

10.8%Denial rate-3.20 pts vs state
11.9%Decision denial rate-4.46 pts vs state
71.1%Origination rate+2.93 pts vs state
6.95%Median rate+0.33 pts vs state
0.16Rate spread (pts)+0.04 pts vs state
$96kMedian applicant income
263Loans originated
40Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235364346.7%6.95%#75
202445232811.1%7.13%#90
202537026310.8%6.95%#102

What Peoples State Bank lends in Wisconsin

By loan purpose

Home purchase 237 64% · 8.0% denied
Refinance 61 16% · 13.1% denied
Cash-out refinance 57 15% · 19.3% denied
Home improvement 5 1% · 0.0% denied
Other / HELOC 10 3% · 20.0% denied

By loan type

Conventional 369 100% · 10.6% denied
USDA / RHS 1 0% · 100.0% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 15 38%
Credit history 11 28%
Other 6 15%
Collateral 4 10%
Unverifiable information 2 5%
Insufficient cash 2 5%

Where in Wisconsin

Counties with the most Peoples State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marathon County 97699 9.3%
Milwaukee County 68533 4.4%
Oneida County 61439 14.8%
Vilas County 27165 18.5%
Lincoln County 21171 4.8%
Waukesha County 16114 25.0%
Portage County 1061 10.0%
Wood County 850 0.0%
Washington County 642 33.3%
Racine County 641 16.7%

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: 370 applications in 2025, of which 263 were originated and 40 denied.

10.8% of all applications, or 11.9% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Peoples State Bank originated in Wisconsin in 2025 was 6.95%, against a statewide median of 6.63%.

About this data. Figures are Peoples 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