Door County, Wisconsin · 2025

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

191 lenders acted on 1,478 mortgage applications for properties in Door County in 2025. 10.8% were denied (Wisconsin: 14.0%). Median rate on closed loans 6.88%; median loan $230,000; median property value $465,000.

1.5kApplications
10.8%Denial ratestate 14.0%
6.88%Median ratestate 6.63%
$230,000Median loan
$465,000Median property value

Largest lenders in Door County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Nicolet National Bank A 298264 3.7%7.25%
2 CAPITAL Credit Union A 182114 7.7%6.49%
3 Associated Bank B 8762 20.7%6.88%
4 North Shore Bank C 6344 25.4%7.38%
5 Bank First A 5141 7.8%6.88%
6 Bank of Luxemburg B 5046 4.0%
7 Rocket Mortgage C 3930 20.5%6.81%
8 Johnson Financial Group A 3833 2.6%7.00%
9 Summit Credit Union A 3125 3.2%6.50%
10 FOX COMMUNITIES Credit Union A 2920 6.9%6.49%
11 Barrington Bank & Trust Company C 2824 7.1%6.88%
12 United Shore Financial Services B 2420 4.2%6.13%
13 University of Wisconsin Credit Union A 2215 18.2%6.38%
14 Freedom Mortgage B 2110 14.3%6.00%
15 Zippy Loans D 198 26.3%9.35%
16 U.S. Bank D 198 36.8%6.94%
17 Marine Credit Union F 176 29.4%8.11%
18 Newrez D 157 20.0%6.99%
19 Community First A 148 7.1%5.75%
20 Guaranteed Rate B 137 0.0%6.75%
21 JPMorgan Chase Bank B 1210 8.3%6.69%
22 BMO Bank F 128 16.7%7.63%
23 GreenStone Farm Credit Services, FLCA A 1110 0.0%6.85%
24 Mortgage Research Center C 97 0.0%6.63%
25 First Colony Mortgage A 97 11.1%6.88%

Best approval odds in Door County

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

#LenderDecidedDecision denial rate
1Nicolet National Bank2803.9%
2CAPITAL Credit Union1489.5%
3Associated Bank8321.7%
4North Shore Bank6126.2%

What Door County borrowers applied for

By loan purpose

Home purchase 630 43% · 6.2% denied
Refinance 285 19% · 9.8% denied
Cash-out refinance 223 15% · 16.6% denied
Home improvement 196 13% · 15.3% denied
Other / HELOC 144 10% · 18.1% denied

By loan type

Conventional 1,389 94% · 10.7% denied
FHA 48 3% · 18.8% denied
VA 41 3% · 7.3% denied

Why applications were denied

Debt-to-income ratio 64 41%
Collateral 39 25%
Credit history 21 13%
Other 17 11%
Incomplete application 8 5%
Unverifiable information 3 2%
Employment history 3 2%
Insufficient cash 2 1%

Door County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,14682012.9%7.25%$205,000
20241,37299313.6%7.13%$205,000
20251,4781,06510.8%6.88%$230,000

Frequently asked questions

10.8% of applications in Door County were denied in 2025, against 14.0% statewide in Wisconsin.

Nicolet National Bank, with 298 applications in 2025 and a denial rate of 3.7%.

The median mortgage application in Door County in 2025 was for $230,000; the median property value on originated loans was $465,000.