Tomo Mortgage · Wisconsin · 2025

Tomo Mortgage in Wisconsin: approval rate, denial rate and rates (2025)

Tomo Mortgage took 120 mortgage applications in Wisconsin in 2025, ranking #232 of 938 lenders active in the state. It originated 35.8% of them and denied 10.0% (21.4% of the applications it decided), against a statewide denial rate of 14.0%.

120Applicationsin WI
21.4%Decision denial ratestate 16.4%
6.50%Median ratestate 6.63%
$365,000Median loanstate $165,000
$17MVolume38 counties

Tomo Mortgage in Wisconsin vs the state

10.0%Denial rate-4.01 pts vs state
21.4%Decision denial rate+5.07 pts vs state
35.8%Origination rate-32.32 pts vs state
6.50%Median rate-0.13 pts vs state
0.00Rate spread (pts)-0.12 pts vs state
$173kMedian applicant income
43Loans originated
12Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
202430120.0%6.75%#376
20251204310.0%6.50%#232

What Tomo Mortgage lends in Wisconsin

By loan purpose

Home purchase 120 100% · 10.0% denied

By loan type

Conventional 114 95% · 9.7% denied
FHA 4 3% · 25.0% denied
VA 2 2% · 0.0% denied

Why it denied Wisconsin applicants

Other 8 67%
Collateral 2 17%
Debt-to-income ratio 2 17%

Where in Wisconsin

Counties with the most Tomo Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Dane County 2472 8.3%
Milwaukee County 1340 0.0%
Waukesha County 1041 10.0%
Kenosha County 640 0.0%
Walworth County 513 60.0%
Outagamie County 511 20.0%
Columbia County 410 0.0%
Washington County 320 0.0%
Fond du Lac County 310 0.0%
La Crosse County 330 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: 120 applications in 2025, of which 43 were originated and 12 denied.

10.0% of all applications, or 21.4% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Tomo Mortgage originated in Wisconsin in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Tomo Mortgage'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