--- title: 1-4 Unit Investor Lenders in Wisconsin: 461 Made Loans in 2025 url: https://lender.report/investor-1-4-lenders/wisconsin/ license: https://lender.report/license/ --- 1-4 Unit Investor ยท 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, 2025 **Investor loans, 2025** 9,438 HMDA, 2025 1-4 units or business purpose **Based in the state** 147 HMDA, 2025 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. ## Describe a deal in Wisconsin See which of these lenders made loans like yours, at your size and in your place. No account and no form. [Show 1-4 unit investor loans in Wisconsin](https://lender.report/comps/?lane=investor_1to4&state=WI)[On this list? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | Loans in state | Loans nationwide | Typical loan | | --- | --- | --- | --- | --- | --- | | [Nicolet National Bank](https://lender.report/lender/nicolet-national-bank-wi/) [1-4 unit investor record](https://lender.report/lender/nicolet-national-bank-wi/investor-1-4/) | Bank | Green Bay, WI | 338 | 375 | $205K | | [Kiavi Funding, Inc.](https://lender.report/lender/kiavi-funding-ca/) [1-4 unit investor record](https://lender.report/lender/kiavi-funding-ca/investor-1-4/) | Non-bank | San Francisco, CA | 316 | 25,518 | $215K | | [Summit Credit Union](https://lender.report/lender/summit-credit-union-wi/) [1-4 unit investor record](https://lender.report/lender/summit-credit-union-wi/investor-1-4/) | Credit union | Madison, WI | 277 | 283 | $175K | | [United Wholesale Mortgage](https://lender.report/lender/united-wholesale-mortgage-mi/) [1-4 unit investor record](https://lender.report/lender/united-wholesale-mortgage-mi/investor-1-4/) | Non-bank | Pontiac, MI | 240 | 31,218 | $205K | | [Educators Credit Union](https://lender.report/lender/educators-credit-union-wi/) [1-4 unit investor record](https://lender.report/lender/educators-credit-union-wi/investor-1-4/) | Credit union | Racine, WI | 199 | 200 | $165K | | [Covantage Credit Union](https://lender.report/lender/covantage-credit-union-wi/) [1-4 unit investor record](https://lender.report/lender/covantage-credit-union-wi/investor-1-4/) | Credit union | Antigo, WI | 185 | 211 | $125K | | [Community First Credit Union](https://lender.report/lender/community-first-credit-union-wi/) [1-4 unit investor record](https://lender.report/lender/community-first-credit-union-wi/investor-1-4/) | Credit union | Appleton, WI | 141 | 142 | $195K | | [Fox Communities Credit Union](https://lender.report/lender/fox-communities-credit-union-wi/) [1-4 unit investor record](https://lender.report/lender/fox-communities-credit-union-wi/investor-1-4/) | Credit union | Appleton, WI | 133 | 135 | $165K | | [Royal Credit Union](https://lender.report/lender/royal-credit-union-wi/) [1-4 unit investor record](https://lender.report/lender/royal-credit-union-wi/investor-1-4/) | Credit union | Eau Claire, WI | 131 | 212 | $155K | | [Rocket Mortgage](https://lender.report/lender/rocket-mortgage-mi/) [1-4 unit investor record](https://lender.report/lender/rocket-mortgage-mi/investor-1-4/) | Non-bank | Detroit, MI | 124 | 13,753 | $215K | | [Fairway Independent Mort Corp](https://lender.report/lender/fairway-independent-mort-wi/) | Non-bank | Madison, WI | 120 | 3,466 | $245K | | [HomeXpress Mortgage Corp.](https://lender.report/lender/homexpress-mortgage-ca/) [1-4 unit investor record](https://lender.report/lender/homexpress-mortgage-ca/investor-1-4/) | Non-bank | Santa Ana, CA | 113 | 5,811 | $255K | | [Bank First, N.A.](https://lender.report/lender/bank-first-wi/) [1-4 unit investor record](https://lender.report/lender/bank-first-wi/investor-1-4/) | Bank | Manitowoc, WI | 108 | 114 | $165K | | [One Community Bank](https://lender.report/lender/one-community-bank-wi/) [1-4 unit investor record](https://lender.report/lender/one-community-bank-wi/investor-1-4/) | Bank | Oregon, WI | 107 | 113 | $315K | | [T2 Financial LLC](https://lender.report/lender/t2-financial-oh/) [1-4 unit investor record](https://lender.report/lender/t2-financial-oh/investor-1-4/) | Non-bank | Westerville, OH | 102 | 914 | $205K | | [Landmark Credit Union](https://lender.report/lender/landmark-credit-union-wi/) [1-4 unit investor record](https://lender.report/lender/landmark-credit-union-wi/investor-1-4/) | Credit union | Brookfield, WI | 101 | 102 | $195K | | [University of Wisconsin Credit Union](https://lender.report/lender/university-of-wisconsin-credit-union-wi/) [1-4 unit investor record](https://lender.report/lender/university-of-wisconsin-credit-union-wi/investor-1-4/) | Credit union | Madison, WI | 101 | 103 | $195K | | [BPL Mortgage, LLC](https://lender.report/lender/bpl-mortgage-il/) [1-4 unit investor record](https://lender.report/lender/bpl-mortgage-il/investor-1-4/) | Non-bank | Oakbrook Terrace, IL | 98 | 7,141 | $125K | | [Westconsin Credit Union](https://lender.report/lender/westconsin-credit-union-wi/) [1-4 unit investor record](https://lender.report/lender/westconsin-credit-union-wi/investor-1-4/) | Credit union | Menomonie, WI | 98 | 111 | $165K | | [Horicon Bank](https://lender.report/lender/horicon-bank-wi/) [1-4 unit investor record](https://lender.report/lender/horicon-bank-wi/investor-1-4/) | Bank | Horicon, WI | 91 | 91 | $165K | | [Nations Lending Corporation](https://lender.report/lender/nations-lending-oh/) | Non-bank | Independence, OH | 91 | 302 | $175K | | [Guild Mortgage Company](https://lender.report/lender/guild-mortgage-ca/) [1-4 unit investor record](https://lender.report/lender/guild-mortgage-ca/investor-1-4/) | Non-bank | San Diego, CA | 87 | 3,469 | $245K | | [Ixonia Bank](https://lender.report/lender/ixonia-bank-wi/) [1-4 unit investor record](https://lender.report/lender/ixonia-bank-wi/investor-1-4/) | Bank | Ixonia, WI | 86 | 597 | $215K | | [Velocity Commercial Capital LLC](https://lender.report/lender/velocity-commercial-capital-ca/) [1-4 unit investor record](https://lender.report/lender/velocity-commercial-capital-ca/investor-1-4/) | Non-bank | Westlake Village, CA | 86 | 4,776 | $185K | | [RCN Capital, LLC](https://lender.report/lender/rcn-capital-ct-south-windsor-3cpf1d02/) | Non-bank | South Windsor, CT | 85 | 7,774 | $165K | HMDA, 2025 [See all 461 1-4 unit investor lenders in Wisconsin in Loan Comps](https://lender.report/comps/?lane=investor_1to4&state=WI) - Lenders made 9,438 1-4 unit investor or business-purpose loans in Wisconsin in 2025. HMDA, 2025 - The five most active lenders made 14.5% of them. HMDA, 2025 - Non-banks made 36.5% of these loans in Wisconsin. HMDA, 2025 - 187 lenders made 10 or more of these loans in Wisconsin in 2025. HMDA, 2025 - 147 of these lenders are based in Wisconsin, and the rest lend in from other states. HMDA, 2025 - Nicolet National Bank made 338 loans here, and Kiavi Funding, Inc. made 316. HMDA, 2025 - These lenders: 202 banks, 18 savings institutions, 68 credit unions and 173 non-bank lenders. HMDA, 2025 - Among these lenders, the median 1-4 unit investor loan nationally is $205K. HMDA, 2025 ## 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](https://ffiec.cfpb.gov/data-browser/) **Changelog** November 12, 2026: 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](https://lender.report/report/) 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.