Bank Five Nine mortgage approval rate & lending review
Bank Five Nine decided 3,008 mortgage applications and funded 2,692 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Bank Five Nine reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Bank Five Nine at a glance
Approval is 11.5 points above the 84.7% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 97% | 2,184 / 2,243 | 94% | $245K | 2,045 |
| Home improvement loans | 93% | 27 / 29 | 96% | $125K | 26 |
| Cash-out refinance | 88% | 184 / 210 | 89% | $205K | 164 |
| Refinance | 94% | 281 / 298 | 91% | $315K | 255 |
| Investment property purchase | 97% | 166 / 172 | 94% | $185K | 156 |
| Investment cash-out refinance | 86% | 31 / 36 | 94% | $215K | 29 |
Bank Five Nine lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Wisconsin | 96% | $245K | 2,883 | 2,581 |
| Illinois | 97% | $275K | 31 | 28 |
| Florida | 96% | $255K | 23 | 20 |
| Minnesota | 95% | $225K | 21 | 18 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Bank Five Nine lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Milwaukee County, WI | Mortgage lenders | 97% | 753 | 675 |
| Waukesha County, WI | Mortgage lenders | 98% | 462 | 421 |
| Racine County, WI | Mortgage lenders | 98% | 200 | 183 |
| Kenosha County, WI | Mortgage lenders | 97% | 196 | 180 |
| Washington County, WI | Mortgage lenders | 98% | 165 | 152 |
| Brown County, WI | Mortgage lenders | 94% | 85 | 80 |
| Waukesha County, WI | Refinance | 96% | 90 | 79 |
| Marathon County, WI | Mortgage lenders | 97% | 74 | 68 |
| Milwaukee County, WI | Investment property purchase | 96% | 70 | 65 |
| Dane County, WI | Mortgage lenders | 93% | 56 | 51 |
| Outagamie County, WI | Mortgage lenders | 100% | 50 | 49 |
| Waukesha County, WI | Cash-out refinance | 90% | 59 | 48 |
The county markets where Bank Five Nine made the most loans. Each link opens that market with every lender ranked.
Questions about Bank Five Nine
What is Bank Five Nine's mortgage approval rate?
Bank Five Nine approved 96.1% of the 3,008 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 11.5 points above the 84.7% national rate for the same mix of loan types.
How often do borrowers take the loan Bank Five Nine offers?
Borrowers accepted 93% of the loans Bank Five Nine approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Bank Five Nine make?
The typical home purchase mortgage loan Bank Five Nine made was $245K; across all loan types its typical loan ran from $125K to $315K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Bank Five Nine lend?
Bank Five Nine decided applications in 19 of the states Fat Boy Data covers, most of them in Wisconsin, Illinois and Florida.
Can I apply to Bank Five Nine directly?
Yes. Bank Five Nine is a bank or credit union with 19 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Bank Five Nine's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Bank Five Nine treats applications, then get a rate quote from the lender.