Forward Bank · Wisconsin · 2025

Forward Bank in Wisconsin: approval rate, denial rate and rates (2025)

Forward Bank took 447 mortgage applications in Wisconsin in 2025, ranking #94 of 938 lenders active in the state. It originated 83.0% of them and denied 3.8% (3.9% of the applications it decided), against a statewide denial rate of 14.0%.

447Applicationsin WI
3.9%Decision denial ratestate 16.4%
7.00%Median ratestate 6.63%
$195,000Median loanstate $165,000
$89MVolume32 counties

Forward Bank in Wisconsin vs the state

3.8%Denial rate-10.21 pts vs state
3.9%Decision denial rate-12.46 pts vs state
83.0%Origination rate+14.85 pts vs state
7.00%Median rate+0.38 pts vs state
0.27Rate spread (pts)+0.15 pts vs state
$96kMedian applicant income
371Loans originated
17Denied

Trend in Wisconsin

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233873206.7%6.78%#92
20244503617.3%7.55%#91
20254473713.8%7.00%#94

What Forward Bank lends in Wisconsin

By loan purpose

Home purchase 258 58% · 1.6% denied
Refinance 54 12% · 9.3% denied
Cash-out refinance 116 26% · 6.9% denied
Home improvement 10 2% · 0.0% denied
Other / HELOC 9 2% · 0.0% denied

By loan type

Conventional 447 100% · 3.8% denied

Why it denied Wisconsin applicants

Credit history 6 35%
Debt-to-income ratio 6 35%
Incomplete application 3 18%
Collateral 2 12%

Where in Wisconsin

Counties with the most Forward Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 107982 1.9%
Wood County 71574 5.6%
Price County 63503 4.8%
Marathon County 58492 3.4%
Taylor County 49421 2.0%
Chippewa County 22162 9.1%
Vilas County 13130 0.0%
Oneida County 12111 8.3%
Portage County 740 0.0%
Ashland County 770 0.0%

Other large lenders in Wisconsin

LenderGradeApplicationsDenial rateMedian rate
Summit Credit UnionA 15,48313.8%6.75%
University of Wisconsin Credit UnionA 11,78113.8%6.50%
Landmark Credit UnionA 9,39317.7%6.50%
Rocket MortgageC 7,81918.0%6.63%
Associated BankB 7,45123.7%6.88%
BMO BankF 5,20225.3%8.23%
Educators Credit UnionB 4,93024.3%6.95%
U.S. BankD 4,71026.0%6.88%
Covantage Credit UnionB 4,5817.7%6.50%
United Shore Financial ServicesB 4,42111.8%6.38%

Frequently asked questions

Wisconsin: 447 applications in 2025, of which 371 were originated and 17 denied.

3.8% of all applications, or 3.9% of the applications it actually decided on. The Wisconsin statewide average across all lenders was 14.0%.

The median rate on loans Forward Bank originated in Wisconsin in 2025 was 7.00%, against a statewide median of 6.63%.

About this data. Figures are Forward Bank's own HMDA filing for properties located in Wisconsin, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology