CLOVERBELT CREDIT UNION
WAUSAU, WI
CLOVERBELT CREDIT UNION processed 280 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 215 loans with a 1.8% denial rate. Cash-out Refinancing was the primary loan purpose. Based in WAUSAU, WI. The approval rate of 76.8% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.
Portfolio scale. CLOVERBELT CREDIT UNION processed 280 HMDA-reported mortgage applications in 2024, originating 215 loans and denying 5 for a denial rate of 1.8% (applicants themselves withdrew 17 files before a decision). The average loan amount was $163,321. The lender reports under LEI 254900KOP6JY8A0DIV80 from WAUSAU, WI.
Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. CLOVERBELT CREDIT UNION's 76.8% origination rate tells you how often an application turned into funded money; the 1.8% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (280 applications).
How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.
Lending Activity
| Type | Applications | Originated | Denied | Avg Loan |
|---|---|---|---|---|
| Conventional | 280 | 215 | 5 | $163,321 |
Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for CLOVERBELT CREDIT UNION (LEI: 254900KOP6JY8A0DIV80) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.
Loan Purpose Breakdown
| Purpose | Applications | Originated | Avg Loan |
|---|---|---|---|
| Cash-out Refinancing | 142 | 130 | $131,127 |
| Home Purchase | 116 | 64 | $209,655 |
| Home Improvement | 19 | 18 | $99,211 |
| Refinancing | 3 | 3 | $301,667 |
Geographic Coverage — Lending by Race
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 270 | 77.0% | 1.9% |
| Asian | 5 | 80.0% | 0.0% |
Lending by Ethnicity
Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.
| Ethnicity | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| Not Hispanic or Latino | 275 | 76.7% | 1.8% |
| Hispanic or Latino | 1 | 100.0% | 0.0% |
| Joint | 1 | 100.0% | 0.0% |
Nearby Lenders in WI
Other HMDA-reporting lenders in WI with similar activity. Compare any two side-by-side.
FAIRWAY INDEPENDENT MORT CORP
MADISON, WI
Summit Credit Union
Cottage Grove, WI
UW CREDIT UNION
MADISON, WI
Associated Bank NA
Green Bay, WI
WATERSTONE MORTGAGE CORPORATION
BROOKFIELD, WI
Mortgage Lending Guides
Frequently Asked Questions
How many mortgage applications did CLOVERBELT CREDIT UNION process?
What is CLOVERBELT CREDIT UNION's mortgage approval rate?
What is the average loan amount at CLOVERBELT CREDIT UNION?
What types of mortgage loans does CLOVERBELT CREDIT UNION offer?
What loan purposes does CLOVERBELT CREDIT UNION serve?
Where is CLOVERBELT CREDIT UNION located?
How does CLOVERBELT CREDIT UNION compare in lending across racial demographics?
Data Sources
Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.
Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.
Read our methodology — how this data is sourced, computed, and verified.