Summit Credit Union · Wisconsin · 2025

Summit Credit Union in Wisconsin: approval rate, denial rate and rates (2025)

Summit Credit Union took 15,483 mortgage applications in Wisconsin in 2025, ranking #1 of 938 lenders active in the state. It originated 73.1% of them and denied 13.8% (14.9% of the applications it decided), against a statewide denial rate of 14.0%.

15kApplicationsin WI
14.9%Decision denial ratestate 16.4%
6.75%Median ratestate 6.63%
$105,000Median loanstate $165,000
$1.9BVolume70 counties

Summit Credit Union in Wisconsin vs the state

13.8%Denial rate-0.21 pts vs state
14.9%Decision denial rate-1.47 pts vs state
73.1%Origination rate+4.98 pts vs state
6.75%Median rate+0.13 pts vs state
-0.53Rate spread (pts)-0.65 pts vs state
$119kMedian applicant income
11,322Loans originated
2,137Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
202315,41012,4327.8%6.00%#1
202413,1129,82712.1%7.25%#1
202515,48311,32213.8%6.75%#1

What Summit Credit Union lends in Wisconsin

By loan purpose

Home purchase 3,659 24% · 5.5% denied
Refinance 4,464 29% · 12.3% denied
Cash-out refinance 1,360 9% · 14.8% denied
Home improvement 3,052 20% · 17.4% denied
Other / HELOC 2,948 19% · 22.3% denied

By loan type

Conventional 15,483 100% · 13.8% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 1,018 48%
Other 503 24%
Credit history 411 19%
Collateral 162 8%
Unverifiable information 27 1%
Employment history 15 1%
Incomplete application 1 0%

Where in Wisconsin

Counties with the most Summit Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Dane County 5,2204,044513 9.8%
Milwaukee County 1,8061,119442 24.5%
Waukesha County 1,7041,298187 11.0%
Columbia County 877649102 11.6%
Rock County 789579119 15.1%
Sauk County 64248975 11.7%
Jefferson County 61746477 12.5%
Dodge County 55140984 15.2%
Washington County 35425763 17.8%
Racine County 26618152 19.5%

Other large lenders in Wisconsin

LenderGradeApplicationsDenial rateMedian rate
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%
Community FirstA 4,3686.9%5.49%

Frequently asked questions

Wisconsin: 15,483 applications in 2025, of which 11,322 were originated and 2,137 denied.

13.8% of all applications, or 14.9% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Summit Credit Union originated in Wisconsin in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Summit Credit Union'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