PlainLender

Landmark Credit Union

Brookfield, WI

Landmark Credit Union processed 8,400 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 5,861 loans with a 18.9% denial rate. Home Improvement was the primary loan purpose. Based in Brookfield, WI. The approval rate of 69.8% 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. Landmark Credit Union processed 8,400 HMDA-reported mortgage applications in 2024, originating 5,861 loans and denying 1,592 for a denial rate of 18.9% (applicants themselves withdrew 680 files before a decision). The average loan amount was $154,799 at a 7.468% average note rate, and applicants self-reported an average income of $34,000. The lender reports under LEI 549300KY533JFETOYG46 from Brookfield, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Landmark Credit Union's 69.8% origination rate tells you how often an application turned into funded money; the 18.9% 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, Credit application incomplete, which together explain the majority of rejections. Most activity concentrated in Conventional loans (8,400 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.

8,400
Applications
5,861
Originated
18.9%
Denial Rate
$154,799
Avg Loan Amount
Avg Interest Rate: 7.468% Avg Applicant Income: $34,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 8,400 5,861 1,592 $154,799

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Landmark Credit Union (LEI: 549300KY533JFETOYG46) · 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
606
Credit history
518
Credit application incomplete
320
Collateral
306
Other
132
Unverifiable information
33
Insufficient cash
15
Employment history
8

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Improvement 2,976 2,105 $73,471
Home Purchase 1,797 1,350 $350,415
Cash-out Refinancing 1,761 1,277 $143,853
Other 1,258 745 $73,919
Refinancing 608 384 $173,766

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 7,065 72.1% 17.4%
Black or African American 351 45.3% 42.2%
Asian 207 51.2% 28.5%
Joint 158 71.5% 19.6%
American Indian or Alaska Native 36 61.1% 19.4%
Native Hawaiian or Other Pacific Islander 17 52.9% 41.2%
2 or more minority races 6 50.0% 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 6,741 72.0% 17.4%
Hispanic or Latino 908 58.6% 30.0%
Joint 196 69.4% 20.9%

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 Landmark Credit Union 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 Landmark Credit Union process?
Landmark Credit Union processed 8,400 mortgage applications in the 2023 HMDA reporting year. Of these, 5,861 were originated (approved and funded), 680 were withdrawn by the applicant, and 1,592 were denied.
What is Landmark Credit Union's mortgage approval rate?
Landmark Credit Union has an approval (origination) rate of 69.8%, meaning 69.8% of all applications resulted in a funded mortgage. The denial rate is 18.9%.
What is the average loan amount at Landmark Credit Union?
The average mortgage loan amount at Landmark Credit Union is $154,799. The average interest rate is 7.468%. The average applicant income is $34,000.
What are the most common reasons for mortgage denial at Landmark Credit Union?
The most common reasons for mortgage denial at Landmark Credit Union are: Debt-to-income ratio, Credit history, Credit application incomplete. In total, 1,592 applications were denied out of 8,400 total applications.
What types of mortgage loans does Landmark Credit Union offer?
Landmark Credit Union processes Conventional loans. The most common type is Conventional with 8,400 applications and an average loan amount of $154,799.
What loan purposes does Landmark Credit Union serve?
Landmark Credit Union serves the following loan purposes: Home Improvement (2,976 applications), Home Purchase (1,797 applications), Cash-out Refinancing (1,761 applications), Other (1,258 applications), Refinancing (608 applications). Home Improvement is the most common purpose.
Where is Landmark Credit Union located?
Landmark Credit Union is headquartered in Brookfield, WI. The lender is identified by LEI 549300KY533JFETOYG46 in HMDA data.
How does Landmark Credit Union compare in lending across racial demographics?
Landmark Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 72.1% and denial rate of 17.4%; Black or African American applicants have an approval rate of 45.3% and denial rate of 42.2%; Asian applicants have an approval rate of 51.2% and denial rate of 28.5%. 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.