Thompson Kane & Company, Inc

Madison, WI

Thompson Kane & Company, Inc processed 1,221 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,075 loans with a 2.2% denial rate. Home Purchase was the primary loan purpose. Based in Madison, WI. The approval rate of 88.0% 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. Thompson Kane & Company, Inc processed 1,221 HMDA-reported mortgage applications in 2024, originating 1,075 loans and denying 27 for a denial rate of 2.2% (applicants themselves withdrew 117 files before a decision). The average loan amount was $316,065 at a 6.793% average note rate, and applicants self-reported an average income of $37,000. The lender reports under LEI 549300HN58ONH5KNJJ12 from Madison, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Thompson Kane & Company, Inc's 88.0% origination rate tells you how often an application turned into funded money; the 2.2% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Collateral, Debt-to-income ratio, Unverifiable information, which together explain the majority of rejections. Most activity concentrated in Conventional loans (967 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.

1,221
Applications
1,075
Originated
2.2%
Denial Rate
$316,065
Avg Loan Amount
Avg Interest Rate: 6.793% Avg Applicant Income: $37,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 967 869 15 $331,805
FHA 167 141 7 $259,491
USDA 54 42 5 $147,778
VA 33 23 0 $416,515

Top loan types — Thompson Kane & Company, Inc

Top loan types — Thompson Kane & Company, Inc Horizontal bar chart of the top 4 items by value (applications). Top loan types — Thompson Kane & Company, Inc Top 4 1. Conventional 967 2. FHA 167 3. USDA 54 4. VA 33 Top 5 loan types by application volume at Thompson Kane & Company, Inc (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 Thompson Kane & Company, Inc (LEI: 549300HN58ONH5KNJJ12) · 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

Collateral
11
Debt-to-income ratio
5
Unverifiable information
4
Credit history
3
Employment history
2
Insufficient cash
2
Other
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 1,048 937 $315,573
Refinancing 157 125 $327,357
Cash-out Refinancing 11 10 $222,273
Home Improvement 5 3 $271,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 1,033 88.2% 2.3%
Asian 54 87.0% 1.9%
Joint 27 88.9% 0.0%
Black or African American 25 92.0% 8.0%
American Indian or Alaska Native 5 100.0% 0.0%
2 or more minority races 2 100.0% 0.0%
Native Hawaiian or Other Pacific Islander 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 1,098 88.0% 2.3%
Hispanic or Latino 34 85.3% 5.9%
Joint 23 95.7% 0.0%

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 Thompson Kane & Company, Inc process?
Thompson Kane & Company, Inc processed 1,221 mortgage applications in the 2023 HMDA reporting year. Of these, 1,075 were originated (approved and funded), 117 were withdrawn by the applicant, and 27 were denied.
What is Thompson Kane & Company, Inc's mortgage approval rate?
Thompson Kane & Company, Inc has an approval (origination) rate of 88.0%, meaning 88.0% of all applications resulted in a funded mortgage. The denial rate is 2.2%.
What is the average loan amount at Thompson Kane & Company, Inc?
The average mortgage loan amount at Thompson Kane & Company, Inc is $316,065. The average interest rate is 6.793%. The average applicant income is $37,000.
What are the most common reasons for mortgage denial at Thompson Kane & Company, Inc?
The most common reasons for mortgage denial at Thompson Kane & Company, Inc are: Collateral, Debt-to-income ratio, Unverifiable information. In total, 27 applications were denied out of 1,221 total applications.
What types of mortgage loans does Thompson Kane & Company, Inc offer?
Thompson Kane & Company, Inc processes Conventional, FHA, USDA, VA loans. The most common type is Conventional with 967 applications and an average loan amount of $331,805.
What loan purposes does Thompson Kane & Company, Inc serve?
Thompson Kane & Company, Inc serves the following loan purposes: Home Purchase (1,048 applications), Refinancing (157 applications), Cash-out Refinancing (11 applications), Home Improvement (5 applications). Home Purchase is the most common purpose.
Where is Thompson Kane & Company, Inc located?
Thompson Kane & Company, Inc is headquartered in Madison, WI. The lender is identified by LEI 549300HN58ONH5KNJJ12 in HMDA data.
How does Thompson Kane & Company, Inc compare in lending across racial demographics?
Thompson Kane & Company, Inc reports demographic lending data under HMDA requirements. White applicants have an approval rate of 88.2% and denial rate of 2.3%; Asian applicants have an approval rate of 87.0% and denial rate of 1.9%; Joint applicants have an approval rate of 88.9% 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.