PlainLender

JOHNSON BANK

RACINE, WI

JOHNSON BANK processed 4,804 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 3,154 loans with a 7.1% denial rate. Home Purchase was the primary loan purpose. Based in RACINE, WI. The approval rate of 65.7% 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. JOHNSON BANK processed 4,804 HMDA-reported mortgage applications in 2024, originating 3,154 loans and denying 340 for a denial rate of 7.1% (applicants themselves withdrew 153 files before a decision). The average loan amount was $304,700 at a 7.200% average note rate, and applicants self-reported an average income of $36,000. The lender reports under LEI IWRZQFYIRJ0IMURZBB68 from RACINE, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. JOHNSON BANK's 65.7% origination rate tells you how often an application turned into funded money; the 7.1% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (4,775 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.

4,804
Applications
3,154
Originated
7.1%
Denial Rate
$304,700
Avg Loan Amount
Avg Interest Rate: 7.200% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 4,775 3,140 336 $304,583
VA 28 14 4 $331,786
USDA 1 0 0 $105,000

Top loan types — JOHNSON BANK

Top loan types — JOHNSON BANK Horizontal bar chart of the top 3 items by value (applications). Top loan types — JOHNSON BANK Top 3 1. Conventional 4,775 2. VA 28 3. USDA 1 Top 5 loan types by application volume at JOHNSON BANK (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for JOHNSON BANK (LEI: IWRZQFYIRJ0IMURZBB68) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
186
Credit history
116
Collateral
66
Other
12
Employment history
11
Unverifiable information
6
Insufficient cash
4
Credit application incomplete
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 2,944 1,705 $359,090
Other 650 514 $141,277
Refinancing 539 437 $371,160
Home Improvement 467 376 $137,227
Cash-out Refinancing 188 122 $259,202

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 4,122 68.6% 7.2%
Black or African American 259 31.7% 10.8%
Asian 140 55.7% 5.7%
Joint 73 63.0% 0.0%
American Indian or Alaska Native 11 36.4% 18.2%
Native Hawaiian or Other Pacific Islander 3 0.0% 33.3%
2 or more minority races 2 0.0% 50.0%

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 4,136 67.8% 7.4%
Hispanic or Latino 339 44.5% 8.0%
Joint 91 70.3% 3.3%

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

102,501 apps 74,401 originated 4.7% denied

Summit Credit Union

Cottage Grove, WI

15,990 apps 9,929 originated 10.9% denied

UW CREDIT UNION

MADISON, WI

11,177 apps 8,477 originated 12.3% denied

Associated Bank NA

Green Bay, WI

10,999 apps 6,532 originated 24.4% denied

WATERSTONE MORTGAGE CORPORATION

BROOKFIELD, WI

10,792 apps 7,819 originated 4.5% denied
Compare JOHNSON BANK vs FAIRWAY INDEPENDENT MORT CORP →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

Explore More Data

Bank Financial Data → Credit Union Data → Financial Advisor Lookup → Home Insurance Costs → Property Tax Data → Rent Price Data →

Frequently Asked Questions

How many mortgage applications did JOHNSON BANK process?
JOHNSON BANK processed 4,804 mortgage applications in the 2023 HMDA reporting year. Of these, 3,154 were originated (approved and funded), 153 were withdrawn by the applicant, and 340 were denied.
What is JOHNSON BANK's mortgage approval rate?
JOHNSON BANK has an approval (origination) rate of 65.7%, meaning 65.7% of all applications resulted in a funded mortgage. The denial rate is 7.1%.
What is the average loan amount at JOHNSON BANK?
The average mortgage loan amount at JOHNSON BANK is $304,700. The average interest rate is 7.200%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at JOHNSON BANK?
The most common reasons for mortgage denial at JOHNSON BANK are: Debt-to-income ratio, Credit history, Collateral. In total, 340 applications were denied out of 4,804 total applications.
What types of mortgage loans does JOHNSON BANK offer?
JOHNSON BANK processes Conventional, VA, USDA loans. The most common type is Conventional with 4,775 applications and an average loan amount of $304,583.
What loan purposes does JOHNSON BANK serve?
JOHNSON BANK serves the following loan purposes: Home Purchase (2,944 applications), Other (650 applications), Refinancing (539 applications), Home Improvement (467 applications), Cash-out Refinancing (188 applications). Home Purchase is the most common purpose.
Where is JOHNSON BANK located?
JOHNSON BANK is headquartered in RACINE, WI. The lender is identified by LEI IWRZQFYIRJ0IMURZBB68 in HMDA data.
How does JOHNSON BANK compare in lending across racial demographics?
JOHNSON BANK reports demographic lending data under HMDA requirements. White applicants have an approval rate of 68.6% and denial rate of 7.2%; Black or African American applicants have an approval rate of 31.7% and denial rate of 10.8%; Asian applicants have an approval rate of 55.7% and denial rate of 5.7%. This data reflects derived race categories as reported by applicants.

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.