Lake Ridge Bank mortgage approval rate & lending review
Lake Ridge Bank decided 1,211 mortgage applications and funded 1,110 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Lake Ridge Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Lake Ridge Bank at a glance
Approval is 14.4 points above the 79.3% 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 | 96% | 520 / 544 | 98% | $365K | 509 |
| Home improvement loans | 94% | 193 / 205 | 99% | $55K | 191 |
| Cash-out refinance | 73% | 32 / 44 | 100% | $275K | 32 |
| Refinance | 93% | 277 / 297 | 98% | $135K | 271 |
| Investment property purchase | 98% | 80 / 82 | 94% | $285K | 75 |
Lake Ridge Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Wisconsin | 94% | $285K | 1,211 | 1,110 |
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 Lake Ridge Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Dane County, WI | Mortgage lenders | 95% | 480 | 447 |
| Dane County, WI | Refinance | 93% | 258 | 234 |
| Dane County, WI | Home improvement loans | 95% | 175 | 164 |
| Dane County, WI | Investment property purchase | 98% | 57 | 52 |
| Rock County, WI | Mortgage lenders | 100% | 46 | 44 |
| Rock County, WI | Refinance | 94% | 36 | 34 |
| Dane County, WI | Cash-out refinance | 72% | 39 | 28 |
| Rock County, WI | Home improvement loans | 90% | 29 | 26 |
The county markets where Lake Ridge Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Lake Ridge Bank
What is Lake Ridge Bank's mortgage approval rate?
Lake Ridge Bank approved 93.7% of the 1,211 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 14.4 points above the 79.3% national rate for the same mix of loan types.
How often do borrowers take the loan Lake Ridge Bank offers?
Borrowers accepted 98% of the loans Lake Ridge Bank 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 Lake Ridge Bank make?
The typical home purchase mortgage loan Lake Ridge Bank made was $365K; across all loan types its typical loan ran from $55K to $365K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Lake Ridge Bank lend?
Lake Ridge Bank decided applications in 1 of the states Fat Boy Data covers, most of them in Wisconsin.
Can I apply to Lake Ridge Bank directly?
Yes. Lake Ridge Bank is a bank or credit union with 20 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Lake Ridge Bank'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 Lake Ridge Bank treats applications, then get a rate quote from the lender.