Royal Bank · Wisconsin · 2025

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

Royal Bank took 332 mortgage applications in Wisconsin in 2025, ranking #106 of 938 lenders active in the state. It originated 73.2% of them and denied 11.5% (13.2% of the applications it decided), against a statewide denial rate of 14.0%.

332Applicationsin WI
13.2%Decision denial ratestate 16.4%
7.00%Median ratestate 6.63%
$155,000Median loanstate $165,000
$46MVolume23 counties

Royal Bank in Wisconsin vs the state

11.5%Denial rate-2.56 pts vs state
13.2%Decision denial rate-3.21 pts vs state
73.2%Origination rate+5.04 pts vs state
7.00%Median rate+0.38 pts vs state
0.71Rate spread (pts)+0.59 pts vs state
$88kMedian applicant income
243Loans originated
38Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233102399.7%7.63%#101
202433924712.1%7.50%#102
202533224311.5%7.00%#106

What Royal Bank lends in Wisconsin

By loan purpose

Home purchase 209 63% · 9.6% denied
Refinance 86 26% · 11.6% denied
Cash-out refinance 16 5% · 43.8% denied
Home improvement 9 3% · 0.0% denied
Other / HELOC 12 4% · 8.3% denied

By loan type

Conventional 332 100% · 11.5% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 17 45%
Credit history 12 32%
Other 5 13%
Collateral 3 8%
Employment history 1 3%

Where in Wisconsin

Counties with the most Royal Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Juneau County 66496 9.1%
Grant County 60454 6.7%
Vernon County 48394 8.3%
Adams County 35246 17.1%
Iowa County 23165 21.7%
Sauk County 22146 27.3%
Crawford County 20150 0.0%
Richland County 14121 7.1%
Marquette County 1374 30.8%
Monroe County 1061 10.0%

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: 332 applications in 2025, of which 243 were originated and 38 denied.

11.5% of all applications, or 13.2% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Royal Bank originated in Wisconsin in 2025 was 7.00%, against a statewide median of 6.63%.

About this data. Figures are Royal 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