RCN Capital · Wisconsin · 2025

RCN Capital in Wisconsin: approval rate, denial rate and rates (2025)

RCN Capital took 164 mortgage applications in Wisconsin in 2025, ranking #183 of 938 lenders active in the state. It originated 46.3% of them and denied 49.4% (51.6% of the applications it decided), against a statewide denial rate of 14.0%.

164Applicationsin WI
51.6%Decision denial ratestate 16.4%
7.85%Median ratestate 6.63%
$125,000Median loanstate $165,000
$13MVolume0 counties

RCN Capital in Wisconsin vs the state

49.4%Denial rate+35.38 pts vs state
51.6%Decision denial rate+35.23 pts vs state
46.3%Origination rate-21.81 pts vs state
7.85%Median rate+1.23 pts vs state
Rate spread (pts)
Median applicant income
76Loans originated
81Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231488213.5%8.02%#167
2024128769.4%7.79%#195
20251647649.4%7.85%#183

What RCN Capital lends in Wisconsin

By loan purpose

Home purchase 63 38% · 44.4% denied
Refinance 14 9% · 35.7% denied
Home improvement 15 9% · 86.7% denied
Other / HELOC 72 44% · 48.6% denied

By loan type

Conventional 164 100% · 49.4% denied

Why it denied Wisconsin applicants

Other 62 77%
Collateral 12 15%
Credit history 5 6%
Insufficient cash 2 2%

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: 164 applications in 2025, of which 76 were originated and 81 denied.

49.4% of all applications, or 51.6% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans RCN Capital originated in Wisconsin in 2025 was 7.85%, against a statewide median of 6.63%.

About this data. Figures are RCN Capital'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