Burnett County, Wisconsin · 2025

Mortgage lenders in Burnett County, WI: denial rates and top lenders (2025)

178 lenders acted on 806 mortgage applications for properties in Burnett County in 2025. 14.9% were denied (Wisconsin: 14.0%). Median rate on closed loans 6.88%; median loan $195,000; median property value $355,000.

806Applications
14.9%Denial ratestate 14.0%
6.88%Median ratestate 6.63%
$195,000Median loan
$355,000Median property value

Largest lenders in Burnett County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 U.S. Bank D 8047 23.8%7.00%
2 Crosscountry Mortgage B 6654 1.5%6.88%
3 Rocket Mortgage C 3422 23.5%6.69%
4 Royal Credit Union B 2219 9.1%6.75%
5 WESTCONSIN Credit Union C 2114 14.3%7.06%
6 Trustone Financial Credit Union C 1813 22.2%6.99%
7 Indianhead Credit Union 1814 11.1%7.25%
8 Pennymac Loan Services C 157 20.0%6.13%
9 Alerus Financial B 1514 0.0%6.63%
10 Blaze Credit Union B 1410 21.4%7.00%
11 Frandsen Bank & Trust B 139 7.7%5.25%
12 Bell Bank A 1311 0.0%7.49%
13 Mortgage Research Center C 135 15.4%5.75%
14 Old National Bank B 1311 15.4%6.88%
15 Affinity Plus C 128 16.7%6.56%
16 United Shore Financial Services B 127 16.7%5.99%
17 Newrez D 124 16.7%6.99%
18 Loandepot.Com D 128 16.7%6.31%
19 AmeriSave Mortgage D 113 45.5%9.25%
20 Northview Bank F 117 0.0%
21 Broker Solutions D 112 0.0%6.63%
22 Johnson Financial Group A 108 10.0%7.13%
23 Nationstar Mortgage C 105 40.0%8.88%
24 Wings Financial Credit Union A 105 30.0%7.25%
25 Bankers' Bank C 105 10.0%7.00%

Best approval odds in Burnett County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Crosscountry Mortgage551.8%
2U.S. Bank6827.9%

What Burnett County borrowers applied for

By loan purpose

Home purchase 322 40% · 6.2% denied
Refinance 120 15% · 11.7% denied
Cash-out refinance 173 21% · 20.8% denied
Home improvement 81 10% · 27.2% denied
Other / HELOC 110 14% · 25.5% denied

By loan type

Conventional 666 83% · 15.8% denied
FHA 83 10% · 12.1% denied
VA 49 6% · 10.2% denied
USDA / RHS 8 1% · 0.0% denied

Why applications were denied

Debt-to-income ratio 36 32%
Collateral 25 22%
Credit history 22 19%
Incomplete application 13 12%
Other 13 12%
Unverifiable information 3 3%
Insufficient cash 1 1%

Burnett County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202357938113.1%7.13%$165,000
202470943418.5%6.99%$185,000
202580651614.9%6.88%$195,000

Frequently asked questions

14.9% of applications in Burnett County were denied in 2025, against 14.0% statewide in Wisconsin.

U.S. Bank, with 80 applications in 2025 and a denial rate of 23.8%.

The median mortgage application in Burnett County in 2025 was for $195,000; the median property value on originated loans was $355,000.