Westby Co-op Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
78th4.0% deniedPricingmedian rate spread over APOR, weight 30%
24th0.60 ptsProcesswithdrawn + incomplete share, weight 15%
18th20.8%Closing coststotal loan costs ÷ loan amount, weight 10%
71st1.36% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 585 | 494 | 2.7% | 3.1% | 7.13% | $62M |
| 2024 | 502 | 408 | 2.8% | 3.3% | 7.50% | $48M |
| 2025 | 506 | 383 | 3.2% | 4.0% | 7.13% | $53M |
What Westby Co-op Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 4 home-equity lines, 0 reverse mortgages, 35 manufactured homes, 52 investment properties.
Why Westby Co-op Credit Union denies applications
Primary reason reported for each of the 16 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Westby Co-op Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 83 | 59 | 4.8% |
| $50k – $100k | 192 | 134 | 5.6% |
| $100k – $150k | 122 | 101 | 2.8% |
| $150k – $250k | 64 | 52 | 1.9% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 27 | 16 | 11.1% |
| 25–34 | 83 | 66 | 0.0% |
| 35–44 | 110 | 80 | 1.2% |
| 45–54 | 96 | 72 | 5.2% |
| 55–64 | 82 | 66 | 5.7% |
| 65–74 | 63 | 45 | 8.2% |
Where Westby Co-op Credit Union lends
1 states and 25 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Wisconsin | 506 | 383 | 3.2% | 7.13% | #84 |
Frequently asked questions
Westby Co-op Credit Union denied 4.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 78th percentile of small mortgage lenders.
The most common reason Westby Co-op Credit Union gave in 2025 was "debt-to-income ratio", cited on 43.8% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Westby Co-op Credit Union originated in 2025 was 7.13%, and its median rate spread over the average prime offer rate was 0.60 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 28% of its applications were for home purchases, 72% for refinancing (including cash-out), and 1% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.