Waterstone Mortgage in Wisconsin vs the state
1.7%Denial rate-12.30 pts vs state
2.0%Decision denial rate-14.39 pts vs state
84.2%Origination rate+16.07 pts vs state
6.63%Median rate0.00 pts vs state
0.42Rate spread (pts)+0.30 pts vs state
$84kMedian applicant income
395Loans originated
8Denied
Trend in Wisconsin
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 462 | 352 | 3.5% | 6.63% | #82 |
| 2024 | 477 | 377 | 2.7% | 6.88% | #84 |
| 2025 | 469 | 395 | 1.7% | 6.63% | #92 |
What Waterstone Mortgage lends in Wisconsin
By loan purpose
By loan type
Why it denied Wisconsin applicants
Where in Wisconsin
Counties with the most Waterstone Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Winnebago County | 70 | 64 | 1 | 1.4% |
| Outagamie County | 64 | 55 | 1 | 1.6% |
| St. Croix County | 50 | 38 | 1 | 2.0% |
| Brown County | 42 | 40 | 0 | 0.0% |
| Calumet County | 26 | 26 | 0 | 0.0% |
| Waupaca County | 24 | 19 | 0 | 0.0% |
| Milwaukee County | 24 | 18 | 1 | 4.2% |
| Waukesha County | 19 | 15 | 1 | 5.3% |
| Portage County | 17 | 13 | 1 | 5.9% |
| Wood County | 17 | 11 | 0 | 0.0% |
Other large lenders in Wisconsin
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Summit Credit Union | A | 15,483 | 13.8% | 6.75% |
| University of Wisconsin Credit Union | A | 11,781 | 13.8% | 6.50% |
| Landmark Credit Union | A | 9,393 | 17.7% | 6.50% |
| Rocket Mortgage | C | 7,819 | 18.0% | 6.63% |
| Associated Bank | B | 7,451 | 23.7% | 6.88% |
| BMO Bank | F | 5,202 | 25.3% | 8.23% |
| Educators Credit Union | B | 4,930 | 24.3% | 6.95% |
| U.S. Bank | D | 4,710 | 26.0% | 6.88% |
| Covantage Credit Union | B | 4,581 | 7.7% | 6.50% |
| United Shore Financial Services | B | 4,421 | 11.8% | 6.38% |
Frequently asked questions
Wisconsin: 469 applications in 2025, of which 395 were originated and 8 denied.
1.7% of all applications, or 2.0% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.
The median rate on loans Waterstone Mortgage originated in Wisconsin in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Waterstone 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