Jefferson County, Wisconsin · 2025

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

246 lenders acted on 3,206 mortgage applications for properties in Jefferson County in 2025. 14.1% were denied (Wisconsin: 14.0%). Median rate on closed loans 6.74%; median loan $185,000; median property value $365,000.

3.2kApplications
14.1%Denial ratestate 14.0%
6.74%Median ratestate 6.63%
$185,000Median loan
$365,000Median property value

Largest lenders in Jefferson County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Summit Credit Union A 617464 12.5%6.63%
2 Landmark Credit Union A 201147 15.9%6.50%
3 University of Wisconsin Credit Union A 179126 15.6%6.50%
4 Rocket Mortgage C 12393 11.4%6.50%
5 Fairway Independent Mortgage B 10480 2.9%6.75%
6 Associated Bank B 10266 28.4%7.13%
7 Johnson Financial Group A 9275 4.4%6.60%
8 PremierBank C 9068 16.7%
9 Badger Bank 5756 1.8%
10 BMO Bank F 5225 40.4%8.43%
11 United Shore Financial Services B 4829 20.8%6.38%
12 Cardinal Financial Company, Limited Partnership B 4540 6.7%6.75%
13 Freedom Mortgage B 4320 7.0%5.94%
14 Newrez D 4019 12.5%6.63%
15 Guild Mortgage A 4031 5.0%6.63%
16 U.S. Bank D 3825 10.5%7.25%
17 Mortgage Research Center C 3719 18.9%6.13%
18 21st Mortgage F 337 54.6%11.87%
19 Bank First A 3322 9.1%6.94%
20 Pennymac Loan Services C 3120 12.9%6.44%
21 Barrington Bank & Trust Company C 3025 0.0%6.49%
22 Thompson Kane & Company A 3029 0.0%6.88%
23 Farmers & Merchants State Bank 2622 7.7%
24 JPMorgan Chase Bank B 2518 8.0%6.56%
25 Compeer Financial, Flca C 2515 8.0%7.25%

Best approval odds in Jefferson County

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

What Jefferson County borrowers applied for

By loan purpose

Home purchase 1,259 39% · 7.8% denied
Refinance 669 21% · 12.7% denied
Cash-out refinance 478 15% · 19.3% denied
Home improvement 366 11% · 20.2% denied
Other / HELOC 434 14% · 23.5% denied

By loan type

Conventional 2,736 85% · 13.7% denied
FHA 273 9% · 18.3% denied
VA 190 6% · 13.2% denied
USDA / RHS 7 0% · 14.3% denied

Why applications were denied

Debt-to-income ratio 132 31%
Credit history 127 29%
Collateral 68 16%
Incomplete application 41 10%
Other 39 9%
Unverifiable information 11 3%
Insufficient cash 9 2%
Employment history 4 1%

Jefferson County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,5491,77214.2%6.88%$135,000
20242,7261,91213.8%7.00%$165,000
20253,2062,18914.1%6.74%$185,000

Frequently asked questions

14.1% of applications in Jefferson County were denied in 2025, against 14.0% statewide in Wisconsin.

Summit Credit Union, with 617 applications in 2025 and a denial rate of 12.5%.

The median mortgage application in Jefferson County in 2025 was for $185,000; the median property value on originated loans was $365,000.