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Best Refinance Lenders in Wisconsin 2026: Top 8 Ranked

DS

Daniel Schmidt

Wisconsin Refinance Specialist | 17+ Years Experience

January 23, 2026

Looking for the best refinance lenders in Wisconsin? Wisconsin homeowners can save $200-$400/month by refinancing. These 8 lenders offer the best rates and fastest approvals in WI.

5.95%

Avg Refi Rate

$320

Avg Monthly Savings

$295K

Median Home Value

28 days

Avg Close Time

🏆 Top 8 Refinance Lenders Wisconsin 2026

#1 BEST OVERALL

Rocket Mortgage - Best Refinance Lender Wisconsin

⭐ 4.8/5

6,800+ WI refis

Why #1:

  • 🚀 Fastest online refi (8 minutes to apply)
  • 💰 Competitive rates: 5.85%-6.05% APR
  • ⚡ Close in 28 days average
  • 📱 Best mobile app for WI homeowners
  • 🏆 #1 refinance lender in Milwaukee + Madison

Best For:

WI homeowners who want speed + convenience

💰 Wisconsin Refinance Savings by City 2026

CityMedian Home ValueAvg Monthly Savings30-Year Savings
Milwaukee$220,000$240/month$86,400
Madison$380,000$415/month$149,400
Green Bay$210,000$230/month$82,800
Kenosha$245,000$268/month$96,480

✅ When to Refinance in Wisconsin 2026

✅ REFINANCE NOW IF:

Rate Drop 0.75%+

Current 6.70% → New 5.95% = $320/month savings

Cash-Out Equity

Access $50K-$100K for home improvements

Remove PMI

Save $150-$300/month

Switch to Fixed Rate

ARM → 30-year fixed for stability

❌ DON'T REFINANCE IF:

Rate Drop < 0.50%

Closing costs won't break even

Selling Soon

Moving in < 2 years = no breakeven

Credit Score Dropped

Below 680 = higher rates

Already Low Rate

Below 4% = keep it!

❓ FAQ: Wisconsin Refinance 2026

How much does it cost to refinance in Wisconsin?

Wisconsin Refinance Closing Costs:

  • Total: 2-5% of loan amount
  • Example ($295K loan): $5,900-$14,750

Breakdown:

  • Appraisal: $500-$700
  • Title insurance: $1,000-$1,500
  • Origination fee: 0.5-1% ($1,475-$2,950)
  • Recording fees: $200-$400
Should I do a cash-out refinance in Wisconsin?

Cash-out refinance makes sense IF:

  • You have 20%+ equity
  • You need $50K+ for home improvements
  • Cash-out rate is still lower than current rate
  • You plan to stay 5+ years

Example: $295K home in Madison

  • Current loan: $200K
  • Home value: $295K
  • Available equity: $95K (32%)
  • Cash-out: $50K (keep 15% equity)
  • New loan: $250K at 6.15%

📚 Related Articles

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About the Author: Daniel Schmidt is a Wisconsin-licensed refinance specialist with 17+ years helping WI homeowners save money. He's helped clients save $42M+ through strategic refinancing.