PlainLender

OOSTBURG STATE BANK

OOSTBURG, WI

OOSTBURG STATE BANK processed 155 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 145 loans with a 3.9% denial rate. Home Purchase was the primary loan purpose. Based in OOSTBURG, WI. The approval rate of 93.5% 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. OOSTBURG STATE BANK processed 155 HMDA-reported mortgage applications in 2024, originating 145 loans and denying 6 for a denial rate of 3.9% (applicants themselves withdrew 4 files before a decision). The average loan amount was $184,613. The lender reports under LEI 254900UDJNXYZSDOKI36 from OOSTBURG, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. OOSTBURG STATE BANK's 93.5% origination rate tells you how often an application turned into funded money; the 3.9% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (155 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.

155
Applications
145
Originated
3.9%
Denial Rate
$184,613
Avg Loan Amount

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 155 145 6 $184,613

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for OOSTBURG STATE BANK (LEI: 254900UDJNXYZSDOKI36) · 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
Home Purchase 87 82 $230,402
Refinancing 35 31 $160,714
Other 13 12 $48,846
Cash-out Refinancing 12 12 $141,667
Home Improvement 8 8 $76,250

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 123 91.9% 4.9%
Asian 2 100.0% 0.0%
Joint 2 100.0% 0.0%
Black or African American 1 100.0% 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 127 92.9% 4.7%
Hispanic or Latino 1 0.0% 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

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 OOSTBURG STATE 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 OOSTBURG STATE BANK process?
OOSTBURG STATE BANK processed 155 mortgage applications in the 2023 HMDA reporting year. Of these, 145 were originated (approved and funded), 4 were withdrawn by the applicant, and 6 were denied.
What is OOSTBURG STATE BANK's mortgage approval rate?
OOSTBURG STATE BANK has an approval (origination) rate of 93.5%, meaning 93.5% of all applications resulted in a funded mortgage. The denial rate is 3.9%.
What is the average loan amount at OOSTBURG STATE BANK?
The average mortgage loan amount at OOSTBURG STATE BANK is $184,613.
What types of mortgage loans does OOSTBURG STATE BANK offer?
OOSTBURG STATE BANK processes Conventional loans. The most common type is Conventional with 155 applications and an average loan amount of $184,613.
What loan purposes does OOSTBURG STATE BANK serve?
OOSTBURG STATE BANK serves the following loan purposes: Home Purchase (87 applications), Refinancing (35 applications), Other (13 applications), Cash-out Refinancing (12 applications), Home Improvement (8 applications). Home Purchase is the most common purpose.
Where is OOSTBURG STATE BANK located?
OOSTBURG STATE BANK is headquartered in OOSTBURG, WI. The lender is identified by LEI 254900UDJNXYZSDOKI36 in HMDA data.
How does OOSTBURG STATE BANK compare in lending across racial demographics?
OOSTBURG STATE BANK reports demographic lending data under HMDA requirements. White applicants have an approval rate of 91.9% and denial rate of 4.9%; Asian applicants have an approval rate of 100.0% and denial rate of 0.0%; Joint applicants have an approval rate of 100.0% and denial rate of 0.0%. 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.