Towne Mortgage · Wisconsin · 2025

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

Towne Mortgage took 282 mortgage applications in Wisconsin in 2025, ranking #123 of 938 lenders active in the state. It originated 69.5% of them and denied 5.0% (6.0% of the applications it decided), against a statewide denial rate of 14.0%.

282Applicationsin WI
6.0%Decision denial ratestate 16.4%
6.63%Median ratestate 6.63%
$215,000Median loanstate $165,000
$47MVolume46 counties

Towne Mortgage in Wisconsin vs the state

5.0%Denial rate-9.05 pts vs state
6.0%Decision denial rate-10.38 pts vs state
69.5%Origination rate+1.35 pts vs state
6.63%Median rate0.00 pts vs state
0.44Rate spread (pts)+0.32 pts vs state
$74kMedian applicant income
196Loans originated
14Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232081209.6%7.13%#129
20242181376.4%6.75%#134
20252821965.0%6.63%#123

What Towne Mortgage lends in Wisconsin

By loan purpose

Home purchase 196 70% · 6.1% denied
Refinance 36 13% · 5.6% denied
Cash-out refinance 48 17% · 0.0% denied
Home improvement 2 1% · 0.0% denied

By loan type

Conventional 157 56% · 1.9% denied
FHA 98 35% · 11.2% denied
VA 24 9% · 0.0% denied
USDA / RHS 3 1% · 0.0% denied

Why it denied Wisconsin applicants

Debt-to-income ratio 7 50%
Insufficient cash 2 14%
Employment history 2 14%
Other 1 7%
Credit history 1 7%
Collateral 1 7%

Where in Wisconsin

Counties with the most Towne Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 42284 9.5%
Oconto County 2091 5.0%
Sheboygan County 19130 0.0%
Fond du Lac County 18120 0.0%
Waukesha County 16120 0.0%
Wood County 14130 0.0%
Brown County 13120 0.0%
Calumet County 1270 0.0%
Winnebago County 1182 18.2%
Manitowoc County 1070 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: 282 applications in 2025, of which 196 were originated and 14 denied.

5.0% of all applications, or 6.0% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

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

About this data. Figures are Towne 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