Largest lenders in Ashland County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Northern State Bank | C | 88 | 62 | 11.4% | — |
| 2 | Superior Choice Credit Union | B | 58 | 36 | 27.6% | 6.00% |
| 3 | Associated Bank | B | 44 | 28 | 25.0% | 7.06% |
| 4 | Rocket Mortgage | C | 44 | 35 | 18.2% | 6.88% |
| 5 | Mortgage Research Center | C | 20 | 10 | 20.0% | 6.44% |
| 6 | BMO Bank | F | 17 | 13 | 11.8% | 8.78% |
| 7 | Chippewa Valley Bank | B | 15 | 13 | 6.7% | — |
| 8 | Guild Mortgage | A | 12 | 9 | 0.0% | 6.38% |
| 9 | Crosscountry Mortgage | B | 11 | 7 | 9.1% | 6.45% |
| 10 | Bay Bank | D | 10 | 2 | 60.0% | — |
| 11 | Summit Credit Union | A | 9 | 6 | 11.1% | 6.50% |
| 12 | Johnson Financial Group | A | 8 | 6 | 25.0% | 6.75% |
| 13 | Bankers' Bank | C | 8 | 6 | 0.0% | 6.56% |
| 14 | Broker Solutions | D | 8 | 4 | 0.0% | 7.06% |
| 15 | Towne Mortgage | B | 7 | 6 | 0.0% | 6.88% |
| 16 | Freedom Mortgage | B | 7 | 5 | 0.0% | 5.75% |
| 17 | Compeer Financial, Flca | C | 7 | 6 | 14.3% | 7.38% |
| 18 | Loandepot.Com | D | 7 | 3 | 42.9% | 6.49% |
| 19 | Forward Bank | A | 7 | 7 | 0.0% | 7.00% |
| 20 | Pennymac Loan Services | C | 6 | 4 | 0.0% | 6.13% |
| 21 | Old National Bank | B | 6 | 2 | 16.7% | 6.13% |
| 22 | U.S. Bank | D | 5 | 2 | 40.0% | 7.35% |
| 23 | AmeriSave Mortgage | D | 5 | 0 | 80.0% | — |
| 24 | Newrez | D | 5 | 0 | 40.0% | — |
Best approval odds in Ashland County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Northern State Bank | 72 | 13.9% |
| 2 | Superior Choice Credit Union | 53 | 30.2% |
What Ashland County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Ashland County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 483 | 300 | 16.6% | 6.88% | $115,000 |
| 2024 | 478 | 314 | 18.6% | 6.75% | $125,000 |
| 2025 | 552 | 345 | 20.1% | 6.69% | $125,000 |
Frequently asked questions
20.1% of applications in Ashland County were denied in 2025, against 14.0% statewide in Wisconsin.
Northern State Bank, with 88 applications in 2025 and a denial rate of 11.4%.
The median mortgage application in Ashland County in 2025 was for $125,000; the median property value on originated loans was $215,000.