WaterStone Bank · Wisconsin · 2025

WaterStone Bank in Wisconsin: approval rate, denial rate and rates (2025)

WaterStone Bank took 108 mortgage applications in Wisconsin in 2025, ranking #245 of 938 lenders active in the state. It originated 72.2% of them and denied 19.4% (20.2% of the applications it decided), against a statewide denial rate of 14.0%.

108Applicationsin WI
20.2%Decision denial ratestate 16.4%
Median ratestate 6.63%
$450,000Median loanstate $165,000
$128MVolume17 counties

WaterStone Bank in Wisconsin vs the state

19.4%Denial rate+5.43 pts vs state
20.2%Decision denial rate+3.83 pts vs state
72.2%Origination rate+4.07 pts vs state
Median rate
Rate spread (pts)
$67kMedian applicant income
78Loans originated
21Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023102747.8%#214
2024745813.5%#282
20251087819.4%#245

What WaterStone Bank lends in Wisconsin

By loan purpose

Home purchase 56 52% · 19.6% denied
Refinance 8 7% · 25.0% denied
Cash-out refinance 38 35% · 18.4% denied
Home improvement 6 6% · 16.7% denied

By loan type

Conventional 108 100% · 19.4% denied

Where in Wisconsin

Counties with the most WaterStone Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Milwaukee County 664813 19.7%
Waukesha County 18115 27.8%
Washington County 632 33.3%
Racine County 320 0.0%
Outagamie County 220 0.0%
Burnett County 211 50.0%
Winnebago County 110 0.0%
Forest County 110 0.0%
Juneau County 110 0.0%
Rock 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: 108 applications in 2025, of which 78 were originated and 21 denied.

19.4% of all applications, or 20.2% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are WaterStone 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