The Bank of New Glarus · Wisconsin · 2025

The Bank of New Glarus in Wisconsin: approval rate, denial rate and rates (2025)

The Bank of New Glarus took 498 mortgage applications in Wisconsin in 2025, ranking #87 of 938 lenders active in the state. It originated 93.4% of them and denied 1.0% (1.1% of the applications it decided), against a statewide denial rate of 14.0%.

498Applicationsin WI
1.1%Decision denial ratestate 16.4%
6.63%Median ratestate 6.63%
$265,000Median loanstate $165,000
$154MVolume32 counties

The Bank of New Glarus in Wisconsin vs the state

1.0%Denial rate-13.01 pts vs state
1.1%Decision denial rate-15.31 pts vs state
93.4%Origination rate+25.22 pts vs state
6.63%Median rate0.00 pts vs state
0.17Rate spread (pts)+0.05 pts vs state
$118kMedian applicant income
465Loans originated
5Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233433104.4%6.99%#96
20244484181.6%6.92%#92
20254984651.0%6.63%#87

What The Bank of New Glarus lends in Wisconsin

By loan purpose

Home purchase 286 57% · 0.7% denied
Refinance 162 33% · 1.2% denied
Cash-out refinance 29 6% · 3.5% denied
Home improvement 8 2% · 0.0% denied
Other / HELOC 13 3% · 0.0% denied

By loan type

Conventional 490 98% · 1.0% denied
VA 7 1% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Wisconsin applicants

Other 2 40%
Credit history 2 40%
Debt-to-income ratio 1 20%

Where in Wisconsin

Counties with the most The Bank of New Glarus applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Green County 1771673 1.7%
Dane County 1681590 0.0%
Rock County 49451 2.0%
Lafayette County 29271 3.4%
Columbia County 1070 0.0%
Iowa County 880 0.0%
Door County 660 0.0%
Grant County 550 0.0%
Walworth County 530 0.0%
Waukesha County 550 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: 498 applications in 2025, of which 465 were originated and 5 denied.

1.0% of all applications, or 1.1% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

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

About this data. Figures are The Bank of New Glarus'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