Eau Claire
Metropolitan Statistical Area · MSA Code 20740
According to CFPB HMDA 2024 application volume among tracked metros, Eau Claire ranks #307 of 418.
Mortgage lending activity in the Eau Claire metro area based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this geography during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Metro-area mortgage activity. The Eau Claire Metropolitan Statistical Area (MSA code 20740) recorded 5,518 HMDA-reported mortgage applications in 2024. Lenders originated 3,615 of those and denied others at a rate of 13.3%, for an approval (origination) rate of 65.5%. The average loan amount across the MSA was $209,826 at an average note rate of 7.44%. 20 major lenders are tracked for this metro - Royal Credit Union, Westconsin Credit Union, Rocket Mortgage lead by origination volume. Among the 418 metros tracked, Eau Claire ranks #49 by denial rate (the 88th percentile for approval-friendliness), and shares its 5-point denial-rate band with 117 other tracked metros.
What MSA numbers tell you, and what they don't. Metro area boundaries are defined by the U.S. Office of Management and Budget and typically span multiple counties, so a single Eau Claire denial rate averages across urban core, inner suburbs, and outer commuter communities with very different borrower profiles. A 13.3% denial rate at the MSA level can coexist with widely varying individual-lender denial rates; $209,826 average loan size reflects the MSA's property values and the borrower pool that actually applied, not any single neighborhood. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Eau Claire
In Eau Claire, lead originator Royal Credit Union funded 34.9% of 3,615 originated loans, above the fleet's upper tercile (~12.8% top-1). The top three reporters together hold 45.7% of the book, so a handful of names dominate disclosed volume here.
Metros With a Similar Denial Rate
The metro areas closest to Eau Claire's 13.3% denial rate among all 418 tracked MSAs.
Metros With Similar Application Volume
Nationwide MSAs nearest to Eau Claire's 5,518 HMDA applications (deduped against the denial-rate neighbourhood).
Metros With a Similar Average Loan
Nationwide MSAs nearest to Eau Claire's $209,826 average loan (deduped against denial and volume peers).
Lenders active in the Eau Claire metro
Royal Credit Union funded 1,263 of the 3,615 loans originated here, 34.9% of the metro. 20 reporting lenders follow.
| # | Lender | Originated | Applications | Avg Loan | Market Share |
|---|---|---|---|---|---|
| 1 | Royal Credit Union | 1,263 | 1,628 | $171,775 | 34.9% |
| 2 | Westconsin Credit Union | 230 | 339 | $159,041 | 6.4% |
| 3 | Rocket Mortgage | 159 | 195 | $223,205 | 4.4% |
| 4 | Associated Bank NA | 148 | 235 | $133,170 | 4.1% |
| 5 | Us Bank, N.A. | 117 | 176 | $175,625 | 3.2% |
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. Metropolitan Statistical Areas defined by the U.S. Office of Management and Budget (OMB).
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only; does not constitute financial advice for Eau Claire borrowers.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This Eau Claire page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.