Chippewa County, Wisconsin · 2025

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

182 lenders acted on 2,277 mortgage applications for properties in Chippewa County in 2025. 12.9% were denied (Wisconsin: 14.0%). Median rate on closed loans 6.75%; median loan $175,000; median property value $325,000.

2.3kApplications
12.9%Denial ratestate 14.0%
6.75%Median ratestate 6.63%
$175,000Median loan
$325,000Median property value

Largest lenders in Chippewa County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Royal Credit Union B 610499 5.9%6.75%
2 WESTCONSIN Credit Union C 175119 11.4%7.38%
3 Rocket Mortgage C 11991 16.8%6.50%
4 Marine Credit Union F 11033 38.2%8.88%
5 Northwestern Bank C 7660 7.9%
6 Citizens State Bank B 6657 9.1%
7 Associated Bank B 5728 31.6%7.06%
8 Mortgage Research Center C 5534 12.7%6.25%
9 U.S. Bank D 4933 20.4%7.95%
10 Security Bank 4740 4.3%
11 Nicolet National Bank A 4135 9.8%7.13%
12 United Shore Financial Services B 3730 13.5%6.31%
13 Security Financial Bank B 3125 6.5%
14 Freedom Mortgage B 3012 3.3%6.00%
15 Union Home Mortgage B 2718 11.1%6.88%
16 Citizens Community Federal B 2518 0.0%6.81%
17 BMO Bank F 2315 4.4%8.31%
18 Forward Bank A 2216 9.1%7.00%
19 Compeer Financial, Flca C 2015 10.0%6.75%
20 Broker Solutions D 207 15.0%6.99%
21 Loandepot.Com D 2012 20.0%6.31%
22 Fairway Independent Mortgage B 1911 5.3%6.25%
23 Newrez D 199 21.1%6.38%
24 Pennymac Loan Services C 1810 0.0%6.06%
25 Envoy Mortgage D 1812 5.6%6.63%

Best approval odds in Chippewa County

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

#LenderDecidedDecision denial rate
1Royal Credit Union5576.5%
2Northwestern Bank669.1%
3Citizens State Bank659.2%
4WESTCONSIN Credit Union14413.9%
5Rocket Mortgage11417.5%
6Marine Credit Union8350.6%

What Chippewa County borrowers applied for

By loan purpose

Home purchase 922 40% · 6.3% denied
Refinance 323 14% · 9.0% denied
Cash-out refinance 467 21% · 22.1% denied
Home improvement 297 13% · 14.1% denied
Other / HELOC 268 12% · 22.8% denied

By loan type

Conventional 1,942 85% · 11.9% denied
FHA 170 7% · 22.4% denied
VA 157 7% · 13.4% denied
USDA / RHS 8 0% · 37.5% denied

Why applications were denied

Debt-to-income ratio 91 33%
Credit history 89 32%
Collateral 35 13%
Incomplete application 27 10%
Other 16 6%
Unverifiable information 7 3%
Insufficient cash 6 2%
Employment history 5 2%

Chippewa County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,0221,36814.1%7.25%$135,000
20242,1341,48312.8%7.13%$165,000
20252,2771,53812.9%6.75%$175,000

Frequently asked questions

12.9% of applications in Chippewa County were denied in 2025, against 14.0% statewide in Wisconsin.

Royal Credit Union, with 610 applications in 2025 and a denial rate of 5.9%.

The median mortgage application in Chippewa County in 2025 was for $175,000; the median property value on originated loans was $325,000.