Summit Funding · Wisconsin · 2025

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

Summit Funding took 13 mortgage applications in Wisconsin in 2025, ranking #465 of 938 lenders active in the state. It originated 61.5% of them and denied 7.7% (10.0% of the applications it decided), against a statewide denial rate of 14.0%.

13Applicationsin WI
10.0%Decision denial ratestate 16.4%
6.93%Median ratestate 6.63%
$415,000Median loanstate $165,000
$3.2MVolume8 counties

Summit Funding in Wisconsin vs the state

7.7%Denial rate-6.32 pts vs state
10.0%Decision denial rate-6.36 pts vs state
61.5%Origination rate-6.61 pts vs state
6.93%Median rate+0.31 pts vs state
0.83Rate spread (pts)+0.71 pts vs state
$165kMedian applicant income
8Loans originated
1Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
202313830.8%7.12%#444
20251387.7%6.93%#465

What Summit Funding lends in Wisconsin

By loan purpose

Home purchase 9 69% · 0.0% denied
Refinance 2 15% · 50.0% denied
Cash-out refinance 2 15% · 0.0% denied

By loan type

Conventional 10 77% · 10.0% denied
FHA 2 15% · 0.0% denied
VA 1 8% · 0.0% denied

Why it denied Wisconsin applicants

Collateral 1 100%

Where in Wisconsin

Counties with the most Summit Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 430 0.0%
Lafayette County 210 0.0%
Washington County 220 0.0%
Iowa County 110 0.0%
Racine County 100 0.0%
Calumet County 100 0.0%
Walworth County 101 100.0%
Waukesha County 110 0.0%

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: 13 applications in 2025, of which 8 were originated and 1 denied.

7.7% of all applications, or 10.0% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Summit Funding originated in Wisconsin in 2025 was 6.93%, against a statewide median of 6.63%.

About this data. Figures are Summit Funding'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