Wisconsin Mortgage 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%
66th6.3% deniedPricingmedian rate spread over APOR, weight 30%
75th0.07 ptsProcesswithdrawn + incomplete share, weight 15%
28th17.1%Closing coststotal loan costs ÷ loan amount, weight 10%
82nd1.07% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 464 | 356 | 6.7% | 8.0% | 6.63% | $92M |
| 2024 | 552 | 403 | 9.6% | 11.6% | 6.63% | $109M |
| 2025 | 502 | 390 | 5.2% | 6.3% | 6.50% | $118M |
What Wisconsin Mortgage 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: 0 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 18 investment properties.
Why Wisconsin Mortgage denies applications
Primary reason reported for each of the 26 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Wisconsin Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 24 | 20 | 9.1% |
| $50k – $100k | 202 | 163 | 7.4% |
| $100k – $150k | 130 | 95 | 5.9% |
| $150k – $250k | 95 | 74 | 2.6% |
| Over $250k | 45 | 32 | 8.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 34 | 28 | 3.5% |
| 25–34 | 178 | 143 | 4.7% |
| 35–44 | 121 | 91 | 4.2% |
| 45–54 | 71 | 54 | 11.5% |
| 55–64 | 60 | 45 | 10.0% |
| 65–74 | 25 | 21 | 0.0% |
Where Wisconsin Mortgage lends
1 states and 27 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Wisconsin | 502 | 390 | 5.2% | 6.50% | #86 |
Frequently asked questions
Wisconsin Mortgage denied 6.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 66th percentile of small mortgage lenders.
The most common reason Wisconsin Mortgage gave in 2025 was "debt-to-income ratio", cited on 30.8% 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 Wisconsin Mortgage originated in 2025 was 6.50%, and its median rate spread over the average prime offer rate was 0.07 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 84% of its applications were for home purchases, 15% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 82% conventional, 13% FHA, 4% 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.