Planet Home Lending · Wisconsin · 2025

Planet Home Lending in Wisconsin: approval rate, denial rate and rates (2025)

Planet Home Lending took 421 mortgage applications in Wisconsin in 2025, ranking #95 of 938 lenders active in the state. It originated 79.6% of them and denied 18.8% (18.9% of the applications it decided), against a statewide denial rate of 14.0%.

421Applicationsin WI
18.9%Decision denial ratestate 16.4%
6.38%Median ratestate 6.63%
$255,000Median loanstate $165,000
$97MVolume55 counties

Planet Home Lending in Wisconsin vs the state

18.8%Denial rate+4.75 pts vs state
18.9%Decision denial rate+2.58 pts vs state
79.6%Origination rate+11.42 pts vs state
6.38%Median rate-0.25 pts vs state
0.08Rate spread (pts)-0.04 pts vs state
$108kMedian applicant income
335Loans originated
79Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
202320615224.8%6.63%#130
202447036421.3%6.38%#88
202542133518.8%6.38%#95

What Planet Home Lending lends in Wisconsin

By loan purpose

Home purchase 232 55% · 17.7% denied
Refinance 103 24% · 14.6% denied
Cash-out refinance 66 16% · 25.8% denied
Home improvement 4 1% · 50.0% denied
Other / HELOC 16 4% · 25.0% denied

By loan type

Conventional 195 46% · 18.0% denied
FHA 125 30% · 28.8% denied
VA 100 24% · 7.0% denied
USDA / RHS 1 0% · 100.0% denied

Why it denied Wisconsin applicants

Incomplete application 53 67%
Credit history 9 11%
Other 8 10%
Debt-to-income ratio 4 5%
Collateral 3 4%
Employment history 1 1%
Unverifiable information 1 1%

Where in Wisconsin

Counties with the most Planet Home Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 896722 24.7%
Waukesha County 57516 10.5%
Racine County 30199 30.0%
Washington County 29254 13.8%
Manitowoc County 23176 26.1%
Dane County 17161 5.9%
Rock County 15132 13.3%
Winnebago County 15122 13.3%
Dodge County 13121 7.7%
Walworth County 11110 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: 421 applications in 2025, of which 335 were originated and 79 denied.

18.8% of all applications, or 18.9% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Planet Home Lending originated in Wisconsin in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Planet Home Lending'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