Security State Bank · Wisconsin · 2025

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

Security State Bank took 24 mortgage applications in Wisconsin in 2025, ranking #400 of 938 lenders active in the state. It originated 75.0% of them and denied 8.3% (9.1% of the applications it decided), against a statewide denial rate of 14.0%.

24Applicationsin WI
9.1%Decision denial ratestate 16.4%
Median ratestate 6.63%
$170,000Median loanstate $165,000
$3.2MVolume4 counties

Security State Bank in Wisconsin vs the state

8.3%Denial rate-5.68 pts vs state
9.1%Decision denial rate-7.27 pts vs state
75.0%Origination rate+6.85 pts vs state
Median rate
1.58Rate spread (pts)+1.46 pts vs state
$96kMedian applicant income
18Loans originated
2Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
202328270.0%#359
2024392915.4%#349
202524188.3%#400

What Security State Bank lends in Wisconsin

By loan purpose

Home purchase 9 38% · 11.1% denied
Refinance 5 21% · 0.0% denied
Cash-out refinance 10 42% · 10.0% denied

By loan type

Conventional 24 100% · 8.3% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 2 100%

Where in Wisconsin

Counties with the most Security State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bayfield County 14101 7.1%
Douglas County 870 0.0%
St. Croix County 110 0.0%
Ashland County 101 100.0%

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: 24 applications in 2025, of which 18 were originated and 2 denied.

8.3% of all applications, or 9.1% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Security 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