Lenders made 1,892 multifamily loans totaling $5B in Wisconsin in 2025, up from 1,326 loans totaling $3.3B in 2024. HMDA,
82 of these loans (2024 and 2025) were made by lenders that have since merged or closed, or that the file lists under a name with no lender record here. They are counted in the totals here and appear in no lender's row. HMDA,
Banks and savings institutions made 1,374 of the 2025 loans, credit unions 400, and non-banks 87. HMDA,
The five most active lenders made 18.7% of Wisconsin's multifamily loans in 2025. HMDA,
Walker & Dunlop, LLC made the most multifamily dollars in Wisconsin in 2025, at $417.7M. HMDA,
122 of these lenders are based in Wisconsin. HMDA,
53 lenders made a loan in Wisconsin in 2025 and none in 2024. HMDA,
59 lenders made 10 or more loans in Wisconsin in 2025. HMDA,
The typical multifamily loan in Wisconsin was about $580K, with the middle half between $240K and $1.7M. HMDA,
Lenders reported a median rate of 6.75% on 1,813 loans in Wisconsin, with the middle half between 6.25% and 7.25%. HMDA,
The median term in Wisconsin was 5 years. HMDA,
36% of multifamily loans in Wisconsin were refinancings. HMDA,
Most recorded loans in Wisconsin were in Milwaukee County, WI (565), Dane County, WI (400), Winnebago County, WI (246). HMDA,
How this list is defined
Measure
Multifamily loans made in Wisconsin
Period
2024 and 2025
Formula
Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in Wisconsin, manufactured-home parks excluded. A lender is listed if it made at least one.
Order
Largest first by loans made in 2025, then loans in 2024, then dollars in 2025, then name. Payment is not part of the order.
: First published, with the data built on this date.
Is your institution on this list? Show your rank. It carries the date and links back to this page.
Multifamily loans finance buildings with five or more homes. HMDA is the one public file that lists them loan by loan.
HMDA covers dwelling-secured loans. Amounts are the midpoints of $10,000 bands, and each loan has a year, never a date.
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.