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1-4 Unit Investor · WI

1-4 Unit Investor lenders in Wisconsin

461 lenders made at least one 1-4 unit investor or business-purpose loan in Wisconsin in 2025. Nicolet National Bank made the most, with 338 of the 9,438 on record.

Evidence
Lender made at least one 1-4 unit investor or business-purpose loan in Wisconsin in 2025 (HMDA)
Data as of
HMDA 2025
Page last changed
November 11, 2026
Lenders on record
461
HMDA,
Investor loans, 2025
9,438
HMDA,
1-4 units or business purpose
Based in the state
147
HMDA,

Cite this

Source: The Lender Report, 1-4 Unit Investor lenders in Wisconsin, https://lender.report/investor-1-4-lenders/wisconsin/, data as of December 31, 2025.

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Wisconsin 1-4 unit investor lenders, by loans made in the state in 2025. First 25 of 461.
LenderKindBased inLoans in stateLoans nationwideTypical loan
Nicolet National Bank 1-4 unit investor recordBankGreen Bay, WI338375$205K
Kiavi Funding, Inc. 1-4 unit investor recordNon-bankSan Francisco, CA31625,518$215K
Summit Credit Union 1-4 unit investor recordCredit unionMadison, WI277283$175K
United Wholesale Mortgage 1-4 unit investor recordNon-bankPontiac, MI24031,218$205K
Educators Credit Union 1-4 unit investor recordCredit unionRacine, WI199200$165K
Covantage Credit Union 1-4 unit investor recordCredit unionAntigo, WI185211$125K
Community First Credit Union 1-4 unit investor recordCredit unionAppleton, WI141142$195K
Fox Communities Credit Union 1-4 unit investor recordCredit unionAppleton, WI133135$165K
Royal Credit Union 1-4 unit investor recordCredit unionEau Claire, WI131212$155K
Rocket Mortgage 1-4 unit investor recordNon-bankDetroit, MI12413,753$215K
Fairway Independent Mort CorpNon-bankMadison, WI1203,466$245K
HomeXpress Mortgage Corp. 1-4 unit investor recordNon-bankSanta Ana, CA1135,811$255K
Bank First, N.A. 1-4 unit investor recordBankManitowoc, WI108114$165K
One Community Bank 1-4 unit investor recordBankOregon, WI107113$315K
T2 Financial LLC 1-4 unit investor recordNon-bankWesterville, OH102914$205K
Landmark Credit Union 1-4 unit investor recordCredit unionBrookfield, WI101102$195K
University of Wisconsin Credit Union 1-4 unit investor recordCredit unionMadison, WI101103$195K
BPL Mortgage, LLC 1-4 unit investor recordNon-bankOakbrook Terrace, IL987,141$125K
Westconsin Credit Union 1-4 unit investor recordCredit unionMenomonie, WI98111$165K
Horicon Bank 1-4 unit investor recordBankHoricon, WI9191$165K
Nations Lending CorporationNon-bankIndependence, OH91302$175K
Guild Mortgage Company 1-4 unit investor recordNon-bankSan Diego, CA873,469$245K
Ixonia Bank 1-4 unit investor recordBankIxonia, WI86597$215K
Velocity Commercial Capital LLC 1-4 unit investor recordNon-bankWestlake Village, CA864,776$185K
RCN Capital, LLCNon-bankSouth Windsor, CT857,774$165K
HMDA,

See all 461 1-4 unit investor lenders in Wisconsin in Loan Comps

  • Lenders made 9,438 1-4 unit investor or business-purpose loans in Wisconsin in 2025. HMDA,
  • The five most active lenders made 14.5% of them. HMDA,
  • Non-banks made 36.5% of these loans in Wisconsin. HMDA,
  • 187 lenders made 10 or more of these loans in Wisconsin in 2025. HMDA,
  • 147 of these lenders are based in Wisconsin, and the rest lend in from other states. HMDA,
  • Nicolet National Bank made 338 loans here, and Kiavi Funding, Inc. made 316. HMDA,
  • These lenders: 202 banks, 18 savings institutions, 68 credit unions and 173 non-bank lenders. HMDA,
  • Among these lenders, the median 1-4 unit investor loan nationally is $205K. HMDA,

How this list is defined

Measure
1-4 unit investor loans made in Wisconsin
Period
2025
Formula
Count, by lender, of HMDA records for 1-4 unit loans that are non-owner-occupied or business purpose, placed in Wisconsin in 2025. A lender is listed if it made at least one.
Order
Largest first by loans made in 2025, then name. Payment is not part of the order.
As of
2025
Source
HMDA
Changelog
  • : First published, with the data built on this date.

These are rental homes of up to four units, financed by the investor and not the person living there, including business-purpose loans.

HMDA reports these loans by lender and state, without dollars by state. It cannot tell a DSCR loan from a full-documentation investor loan.

Each lender is counted only where the public file places the loan. Lenders that merged or stopped filing are left out.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.