Lincoln County, Wisconsin · 2025

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

151 lenders acted on 1,079 mortgage applications for properties in Lincoln County in 2025. 15.5% were denied (Wisconsin: 14.0%). Median rate on closed loans 6.75%; median loan $135,000; median property value $245,000.

1.1kApplications
15.5%Denial ratestate 14.0%
6.75%Median ratestate 6.63%
$135,000Median loan
$245,000Median property value

Largest lenders in Lincoln County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Covantage Credit Union B 220177 8.2%6.63%
2 Rocket Mortgage C 6542 24.6%6.63%
3 BMO Bank F 5729 33.3%8.73%
4 Nicolet National Bank A 5146 2.0%7.18%
5 IncredibleBank C 4633 13.0%6.63%
6 Associated Bank B 4330 20.9%7.00%
7 Guild Mortgage A 4332 11.6%6.63%
8 Summit Credit Union A 2620 11.5%6.75%
9 United Shore Financial Services B 2519 16.0%6.13%
10 Peoples State Bank B 2117 4.8%6.63%
11 U.S. Bank D 168 31.3%7.33%
12 Pennymac Loan Services C 157 20.0%5.99%
13 Coastal Community Bank C 153 20.0%9.99%
14 Loandepot.Com D 149 21.4%6.75%
15 Mortgage Research Center C 137 23.1%6.25%
16 Broker Solutions D 125 0.0%6.63%
17 Ixonia Bank C 118 9.1%6.81%
18 Cloverbelt Credit Union A 119 0.0%
19 Connexus Credit Union C 116 36.4%6.15%
20 American Pacific Mortgage C 108 0.0%6.88%
21 Newrez D 105 20.0%6.75%
22 Figure Lending C 105 20.0%8.35%
23 AmeriSave Mortgage D 92 55.6%6.19%
24 Triad Financial Services D 94 11.1%8.91%
25 Zippy Loans D 83 50.0%8.00%

Best approval odds in Lincoln County

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

#LenderDecidedDecision denial rate
1Covantage Credit Union1999.1%
2Rocket Mortgage5827.6%

What Lincoln County borrowers applied for

By loan purpose

Home purchase 432 40% · 9.3% denied
Refinance 170 16% · 13.5% denied
Cash-out refinance 251 23% · 21.1% denied
Home improvement 71 7% · 25.4% denied
Other / HELOC 155 14% · 21.3% denied

By loan type

Conventional 881 82% · 15.0% denied
FHA 111 10% · 19.8% denied
VA 72 7% · 18.1% denied
USDA / RHS 15 1% · 0.0% denied

Why applications were denied

Credit history 49 30%
Debt-to-income ratio 45 27%
Collateral 36 22%
Incomplete application 19 12%
Other 8 5%
Employment history 4 2%
Insufficient cash 3 2%
Unverifiable information 1 1%

Lincoln County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,06872615.7%7.25%$105,000
20241,04168916.7%7.13%$105,000
20251,07971215.5%6.75%$135,000

Frequently asked questions

15.5% of applications in Lincoln County were denied in 2025, against 14.0% statewide in Wisconsin.

Covantage Credit Union, with 220 applications in 2025 and a denial rate of 8.2%.

The median mortgage application in Lincoln County in 2025 was for $135,000; the median property value on originated loans was $245,000.