The Greenwood's State Bank · Wisconsin · 2025

The Greenwood's State Bank in Wisconsin: approval rate, denial rate and rates (2025)

The Greenwood's State Bank took 109 mortgage applications in Wisconsin in 2025, ranking #242 of 938 lenders active in the state. It originated 85.3% of them and denied 2.8% (2.8% of the applications it decided), against a statewide denial rate of 14.0%.

109Applicationsin WI
2.8%Decision denial ratestate 16.4%
6.80%Median ratestate 6.63%
$335,000Median loanstate $165,000
$64MVolume21 counties

The Greenwood's State Bank in Wisconsin vs the state

2.8%Denial rate-11.26 pts vs state
2.8%Decision denial rate-13.56 pts vs state
85.3%Origination rate+17.17 pts vs state
6.80%Median rate+0.17 pts vs state
0.27Rate spread (pts)+0.15 pts vs state
$173kMedian applicant income
93Loans originated
3Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
202373645.5%7.00%#261
2024836810.8%6.98%#262
2025109932.8%6.80%#242

What The Greenwood's State Bank lends in Wisconsin

By loan purpose

Home purchase 68 62% · 1.5% denied
Refinance 32 29% · 6.3% denied
Cash-out refinance 7 6% · 0.0% denied
Home improvement 1 1% · 0.0% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 109 100% · 2.8% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 2 67%
Credit history 1 33%

Where in Wisconsin

Counties with the most The Greenwood's State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Walworth County 25230 0.0%
Dane County 14120 0.0%
Jefferson County 1393 23.1%
Green County 11100 0.0%
Rock County 1090 0.0%
Waukesha County 870 0.0%
Milwaukee County 550 0.0%
Kenosha County 310 0.0%
Racine County 330 0.0%
Sauk County 220 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: 109 applications in 2025, of which 93 were originated and 3 denied.

2.8% of all applications, or 2.8% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans The Greenwood's State Bank originated in Wisconsin in 2025 was 6.80%, against a statewide median of 6.63%.

About this data. Figures are The Greenwood's 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