Rocket Mortgage · Wisconsin · 2025

Rocket Mortgage in Wisconsin: approval rate, denial rate and rates (2025)

Rocket Mortgage took 7,819 mortgage applications in Wisconsin in 2025, ranking #4 of 938 lenders active in the state. It originated 73.4% of them and denied 18.0% (19.2% of the applications it decided), against a statewide denial rate of 14.0%.

7.8kApplicationsin WI
19.2%Decision denial ratestate 16.4%
6.63%Median ratestate 6.63%
$185,000Median loanstate $165,000
$1.2BVolume72 counties

Rocket Mortgage in Wisconsin vs the state

18.0%Denial rate+4.01 pts vs state
19.2%Decision denial rate+2.86 pts vs state
73.4%Origination rate+5.21 pts vs state
6.63%Median rate0.00 pts vs state
0.60Rate spread (pts)+0.48 pts vs state
$88kMedian applicant income
5,736Loans originated
1,409Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234,2813,07919.2%6.63%#9
20245,6694,29616.0%6.63%#5
20257,8195,73618.0%6.63%#4

What Rocket Mortgage lends in Wisconsin

By loan purpose

Home purchase 1,959 25% · 12.1% denied
Refinance 1,527 20% · 17.4% denied
Cash-out refinance 4,051 52% · 20.7% denied
Home improvement 98 1% · 27.6% denied
Other / HELOC 184 2% · 21.7% denied

By loan type

Conventional 5,641 72% · 14.8% denied
FHA 1,580 20% · 29.9% denied
VA 598 8% · 16.6% denied

Why it denied Wisconsin applicants

Collateral 663 47%
Incomplete application 260 18%
Debt-to-income ratio 254 18%
Credit history 93 7%
Insufficient cash 56 4%
Other 42 3%
Unverifiable information 28 2%
Employment history 13 1%

Where in Wisconsin

Counties with the most Rocket Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 1,082773214 19.8%
Waukesha County 49338064 13.0%
Dane County 36027750 13.9%
Racine County 32024460 18.8%
Kenosha County 29421056 19.0%
Brown County 28621840 14.0%
Rock County 28622337 12.9%
Winnebago County 23417041 17.5%
Walworth County 22215937 16.7%
Outagamie County 21217323 10.8%

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%
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%
Community FirstA 4,3686.9%5.49%

Frequently asked questions

Wisconsin: 7,819 applications in 2025, of which 5,736 were originated and 1,409 denied.

18.0% of all applications, or 19.2% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Rocket Mortgage originated in Wisconsin in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Rocket Mortgage'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