---
title: Lenders in Wausau, WI: 23 Made Multifamily Loans in 2024-25
url: https://lender.report/lenders-in/wausau-wi/
license: https://lender.report/license/
---

Metro area · WI

# Lenders in Wausau, WI

23 lenders made 61 multifamily loans in the Wausau, WI metro area in 2024 and 2025, $103M in all. Covantage Credit Union made the most, with 8. The typical loan was about $640K.

**Evidence**
Multifamily loans placed in the metro area, HMDA

**Data as of**
HMDA 2025

**Page last changed**
November 11, 2026

**Lenders on record**
23

HMDA, 2025

**Multifamily loans, 2024-25**
61

HMDA, 2025

Manufactured-home parks excluded

**Dollars**
$103M

HMDA, 2025

**Typical loan**
$640K

HMDA, 2025

Cite this

Source: The Lender Report, Lenders in Wausau, WI, https://lender.report/lenders-in/wausau-wi/, data as of December 31, 2025.

## Describe a deal in Wausau, WI

This page lists who has made multifamily loans here. Loan Comps shows who has made a loan like yours, with the loans to prove it.

[Start with a deal in Wausau, WI](https://lender.report/comps/?lane=multifamily&metro=48140)[A lender in Wausau, WI? Find your page](https://lender.report/for-lenders/?from=market)

| Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans |
| --- | --- | --- | --- | --- | --- | --- |
| [Covantage Credit Union](https://lender.report/lender/covantage-credit-union-wi/) [multifamily record](https://lender.report/lender/covantage-credit-union-wi/multifamily/) | Credit union | Antigo, WI | 8 | $16.6M | 5 | 3 |
| [Nicolet National Bank](https://lender.report/lender/nicolet-national-bank-wi/) [multifamily record](https://lender.report/lender/nicolet-national-bank-wi/multifamily/) | Bank | Green Bay, WI | 5 | $2.29M | 2 | 3 |
| [Woodtrust Bank](https://lender.report/lender/woodtrust-bank-wi/) [multifamily record](https://lender.report/lender/woodtrust-bank-wi/multifamily/) | Bank | Wisconsin Rapids, WI | 4 | $11.7M | 3 | 1 |
| [IncredibleBank](https://lender.report/lender/incrediblebank-wi/) [multifamily record](https://lender.report/lender/incrediblebank-wi/multifamily/) | Bank | Wausau, WI | 3 | $5.68M | 0 | 3 |
| [Forward Bank](https://lender.report/lender/forward-bank-wi/) [multifamily record](https://lender.report/lender/forward-bank-wi/multifamily/) | Savings | Marshfield, WI | 3 | $2.50M | 1 | 2 |
| [AbbyBank](https://lender.report/lender/abbybank-wi/) [multifamily record](https://lender.report/lender/abbybank-wi/multifamily/) | Bank | Abbotsford, WI | 3 | $2.44M | 2 | 1 |
| [One Community Bank](https://lender.report/lender/one-community-bank-wi/) [multifamily record](https://lender.report/lender/one-community-bank-wi/multifamily/) | Bank | Oregon, WI | 3 | $1.54M | 3 | 0 |
| [Peoples State Bank](https://lender.report/lender/peoples-state-bank-wi-wausau/) [multifamily record](https://lender.report/lender/peoples-state-bank-wi-wausau/multifamily/) | Bank | Wausau, WI | 3 | $1.03M | 1 | 2 |
| [Citizens State Bank of Loyal](https://lender.report/lender/citizens-state-bank-of-loyal-wi/) | Bank | Loyal, WI | 3 | $420K | 1 | 2 |
| [WaterStone Bank, SSB](https://lender.report/lender/waterstone-bank-wi/) [multifamily record](https://lender.report/lender/waterstone-bank-wi/multifamily/) | Savings | Wauwatosa, WI | 2 | $12.7M | 1 | 1 |
| [North Shore Bank](https://lender.report/lender/north-shore-bank-wi/) [multifamily record](https://lender.report/lender/north-shore-bank-wi/multifamily/) | Savings | Brookfield, WI | 2 | $5.80M | 1 | 1 |
| [Associated Bank, National Association](https://lender.report/lender/associated-bank-wi/) [multifamily record](https://lender.report/lender/associated-bank-wi/multifamily/) | Bank | Green Bay, WI | 2 | $5.50M | 2 | 0 |
| [Prevail Bank](https://lender.report/lender/prevail-bank-wi/) [multifamily record](https://lender.report/lender/prevail-bank-wi/multifamily/) | Savings | Medford, WI | 2 | $1.70M | 1 | 1 |
| [Old National Bank](https://lender.report/lender/old-national-bank-in/) [multifamily record](https://lender.report/lender/old-national-bank-in/multifamily/) | Bank | Evansville, IN | 1 | $10.0M | 0 | 1 |
| [Wells Fargo Bank, National Association](https://lender.report/lender/wells-fargo-bank-sd/) [multifamily record](https://lender.report/lender/wells-fargo-bank-sd/multifamily/) | Bank | Sioux Falls, SD | 1 | $9.00M | 1 | 0 |

HMDA, 2025

[All 23 lenders in Wausau, WI, by loan size](https://lender.report/multifamily-lenders/wausau-wi/)

| County | Loans | Dollars | Lenders |
| --- | --- | --- | --- |
| [Marathon County, WI](https://lender.report/lenders-in/wisconsin/marathon-county/) | 61 | $103M | 23 |

HMDA, 2025

A county is listed for a year only when the public file holds 5 or more multifamily loans there that year.

| Loan size | Loans |
| --- | --- |
| Under $1M | 38 |
| $1M to $2.5M | 10 |
| $2.5M to $5M | 8 |
| $5M to $10M | 4 |
| $10M or more | 1 |

HMDA, 2025

- Lenders made 61 multifamily loans totaling $103M in Wausau, WI in 2024 and 2025. HMDA, 2025
- 8 of these loans were made by lenders that have since merged or closed. They are counted in the totals here and appear in no lender's row. HMDA, 2025
- 29 of the loans were made in 2025 and 32 in 2024. HMDA, 2025
- The typical loan in Wausau, WI was about $640K, with the middle half between $360K and $1.6M. HMDA, 2025
- 38 of the loans were under $1M, and 5 were $5M or more. HMDA, 2025
- Lenders reported a median rate of 7.00% on 42 loans in Wausau, WI, with the middle half between 6.50% and 7.45%. HMDA, 2025
- The median term was 5 years. HMDA, 2025
- The median loan to value was 73%. HMDA, 2025
- 31% of the loans were refinancings and 62% were purchases. HMDA, 2025
- Banks and savings institutions made 42 of the loans, credit unions 11, and non-banks 0. HMDA, 2025
- The five most active lenders made 37.7% of the loans. HMDA, 2025
- The three most active lenders were Covantage Credit Union with 8, Nicolet National Bank with 5, and Woodtrust Bank with 4. HMDA, 2025
- 20 of the 23 lenders are based in Wisconsin. The rest are based elsewhere, most often in Alabama, Indiana and South Dakota. HMDA, 2025
- The most common property size was 5 to 24 units, with 45 loans. HMDA, 2025
- 1 county in the metro area has loans on record, and Marathon County, WI has the most, with 61. HMDA, 2025

## How this list is defined

**Measure**
Multifamily loans made in the Wausau, WI metro area

**Period**
2024 and 2025

**Formula**
Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in the metro area, manufactured-home parks excluded, for each year in which the public file holds 5 or more such loans there.

**Order**
Largest first by loans recorded in the place, then dollars, 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.

## What we don't know

- Whether any of these lenders is taking new loans today.
- What they charge or require beyond the rate and term that HMDA reports.
- Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.

A metro area or county is named for a year only when the public file holds 5 or more multifamily loans there that year, so a small place is never exposed by a count.

HMDA covers dwelling-secured loans. Amounts are the midpoints of $10,000 bands, and each loan has a year, never a date.

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.
