Forest County, Wisconsin · 2025

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

90 lenders acted on 484 mortgage applications for properties in Forest County in 2025. 14.7% were denied (Wisconsin: 14.0%). Median rate on closed loans 6.63%; median loan $105,000; median property value $245,000.

484Applications
14.7%Denial ratestate 14.0%
6.63%Median ratestate 6.63%
$105,000Median loan
$245,000Median property value

Largest lenders in Forest County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Covantage Credit Union B 176138 7.4%6.50%
2 Laona State Bank B 8764 12.6%
3 Associated Bank B 2810 46.4%7.06%
4 Rocket Mortgage C 129 25.0%6.13%
5 Nicolet National Bank A 1212 0.0%7.06%
6 Mortgage Research Center C 94 0.0%6.06%
7 Community First A 87 0.0%5.49%
8 BMO Bank F 73 57.1%6.88%
9 CAPITAL Credit Union A 64 0.0%6.94%
10 FOX COMMUNITIES Credit Union A 64 33.3%6.06%
11 Guild Mortgage A 55 0.0%6.99%
12 Summit Credit Union A 54 0.0%6.13%

Best approval odds in Forest County

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

#LenderDecidedDecision denial rate
1Covantage Credit Union1568.3%
2Laona State Bank8712.6%

What Forest County borrowers applied for

By loan purpose

Home purchase 166 34% · 12.7% denied
Refinance 103 21% · 5.8% denied
Cash-out refinance 107 22% · 15.0% denied
Home improvement 33 7% · 30.3% denied
Other / HELOC 75 15% · 24.0% denied

By loan type

Conventional 450 93% · 14.0% denied
FHA 14 3% · 35.7% denied
VA 17 4% · 5.9% denied
USDA / RHS 3 1% · 66.7% denied

Why applications were denied

Debt-to-income ratio 22 31%
Credit history 19 27%
Collateral 11 16%
Incomplete application 6 9%
Insufficient cash 6 9%
Unverifiable information 3 4%
Other 2 3%
Employment history 1 1%

Forest County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202341629511.8%7.00%$85,000
202442029811.7%7.13%$105,000
202548433814.7%6.63%$105,000

Frequently asked questions

14.7% of applications in Forest County were denied in 2025, against 14.0% statewide in Wisconsin.

Covantage Credit Union, with 176 applications in 2025 and a denial rate of 7.4%.

The median mortgage application in Forest County in 2025 was for $105,000; the median property value on originated loans was $245,000.