Shoreline Credit Union

Two Rivers, WI

Shoreline Credit Union processed 174 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 112 loans with a 12.6% denial rate. Refinancing was the primary loan purpose. Based in Two Rivers, WI. The approval rate of 64.4% 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. Shoreline Credit Union processed 174 HMDA-reported mortgage applications in 2024, originating 112 loans and denying 22 for a denial rate of 12.6% (applicants themselves withdrew 25 files before a decision). The average loan amount was $113,793 at a 7.041% average note rate, and applicants self-reported an average income of $32,000. The lender reports under LEI 549300D5WGD75SLEMI23 from Two Rivers, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Shoreline Credit Union's 64.4% origination rate tells you how often an application turned into funded money; the 12.6% 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 (174 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.

174
Applications
112
Originated
12.6%
Denial Rate
$113,793
Avg Loan Amount
Avg Interest Rate: 7.041% Avg Applicant Income: $32,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 174 112 22 $113,793

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Shoreline Credit Union (LEI: 549300D5WGD75SLEMI23) · 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
11
Credit history
10
Collateral
8
Other
2
Insufficient cash
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Refinancing 52 32 $92,115
Home Purchase 45 18 $175,444
Cash-out Refinancing 39 34 $120,128
Home Improvement 37 27 $63,919
Other 1 1 $65,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 145 63.5% 13.8%
Joint 2 100.0% 0.0%
2 or more minority races 1 0.0% 100.0%
American Indian or Alaska Native 1 0.0% 0.0%
Asian 1 0.0% 0.0%
Native Hawaiian or Other Pacific Islander 1 0.0% 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 146 63.7% 13.7%
Joint 4 0.0% 0.0%
Hispanic or Latino 3 33.3% 33.3%

Nearby Lenders in WI

Other HMDA-reporting lenders in WI with similar activity. Compare any two side-by-side.

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Shoreline Credit Union process?
Shoreline Credit Union processed 174 mortgage applications in the 2023 HMDA reporting year. Of these, 112 were originated (approved and funded), 25 were withdrawn by the applicant, and 22 were denied.
What is Shoreline Credit Union's mortgage approval rate?
Shoreline Credit Union has an approval (origination) rate of 64.4%, meaning 64.4% of all applications resulted in a funded mortgage. The denial rate is 12.6%.
What is the average loan amount at Shoreline Credit Union?
The average mortgage loan amount at Shoreline Credit Union is $113,793. The average interest rate is 7.041%. The average applicant income is $32,000.
What are the most common reasons for mortgage denial at Shoreline Credit Union?
The most common reasons for mortgage denial at Shoreline Credit Union are: Debt-to-income ratio, Credit history, Collateral. In total, 22 applications were denied out of 174 total applications.
What types of mortgage loans does Shoreline Credit Union offer?
Shoreline Credit Union processes Conventional loans. The most common type is Conventional with 174 applications and an average loan amount of $113,793.
What loan purposes does Shoreline Credit Union serve?
Shoreline Credit Union serves the following loan purposes: Refinancing (52 applications), Home Purchase (45 applications), Cash-out Refinancing (39 applications), Home Improvement (37 applications), Other (1 applications). Refinancing is the most common purpose.
Where is Shoreline Credit Union located?
Shoreline Credit Union is headquartered in Two Rivers, WI. The lender is identified by LEI 549300D5WGD75SLEMI23 in HMDA data.
How does Shoreline Credit Union compare in lending across racial demographics?
Shoreline Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 63.5% and denial rate of 13.8%; Joint applicants have an approval rate of 100.0% and denial rate of 0.0%; 2 or more minority races applicants have an approval rate of 0.0% and denial rate of 100.0%. 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.