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2024 data HMDA 2024 disclosure official source

Milwaukee County

31,157 mortgage applications, 19.1% denial rate. Verify FIPS 55079 with U.S. Census Bureau →

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Wisconsin · FIPS 55079

Local mortgage market. Milwaukee County, Wisconsin saw 31,157 HMDA-reported mortgage applications in 2024. Lenders originated 17,572 of those loans and denied 5,944, producing a denial rate of 19.1% and an approval (origination) rate of 56.4%. The average loan amount was $188,564 at an average note rate of 6.93%, with applicants self-reporting average annual income of $36K. 389 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 5.2x, meaning typical borrowers took on mortgages of about 5.2 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 55079 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

31,157
Applications
17,572
Originated
19.1%
Denial Rate
56.4%
Approval Rate
$188,564
Avg Loan Amount
6.93%
Avg Interest Rate
$36K
Avg Applicant Income
5.2x
Loan-to-Income Ratio

Nearby Lenders in Milwaukee County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Landmark Credit Union 1,995 11.4%
2 Uw Credit Union 1,538 8.8%
3 Summit Credit Union 1,044 5.9%
4 Educators Credit Union 1,042 5.9%
5 Rocket Mortgage 610 3.5%
Compare Landmark Credit Union vs Uw Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Milwaukee County?
In the 2024 HMDA reporting year, 31,157 mortgage applications were filed in Milwaukee County, Wisconsin. Of these, 17,572 were originated (approved and funded), while 5,944 were denied, resulting in a denial rate of 19.1%.
What is the mortgage denial rate in Milwaukee County?
The mortgage denial rate in Milwaukee County is 19.1%. The approval (origination) rate is 56.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Milwaukee County?
The average mortgage loan amount in Milwaukee County is $188,564. The average interest rate is 6.927%. The average applicant income is $36K.
What is the loan-to-income ratio in Milwaukee County?
The average loan-to-income ratio in Milwaukee County is 5.2x, meaning borrowers took on loans averaging 5.2 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Milwaukee County?
The top mortgage lenders in Milwaukee County by origination volume are Landmark Credit Union, Uw Credit Union, Summit Credit Union. In total, 389 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.