Richland County, Wisconsin · 2025

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

90 lenders acted on 457 mortgage applications for properties in Richland County in 2025. 13.6% were denied (Wisconsin: 14.0%). Median rate on closed loans 6.88%; median loan $145,000; median property value $255,000.

457Applications
13.6%Denial ratestate 14.0%
6.88%Median ratestate 6.63%
$145,000Median loan
$255,000Median property value

Largest lenders in Richland County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Westby Co-op Credit Union B 6851 4.4%7.01%
2 Summit Credit Union A 4123 19.5%6.50%
3 The Peoples Community Bank A 3230 6.3%
4 Compeer Financial, Flca C 2519 4.0%7.15%
5 Rocket Mortgage C 2217 18.2%6.50%
6 Royal Bank C 1412 7.1%6.81%
7 DAS Acquisition Company B 1310 7.7%7.13%
8 Marine Credit Union F 133 46.2%9.98%
9 Associated Bank B 126 41.7%7.25%
10 Gold Star Mortgage Financial Group C 125 8.3%6.63%
11 University of Wisconsin Credit Union A 116 18.2%4.74%
12 United Shore Financial Services B 106 20.0%6.50%
13 Broker Solutions D 102 10.0%7.63%
14 Mortgage Research Center C 107 0.0%6.63%
15 Heartland Credit Union (Madison) B 85 12.5%6.74%
16 Guild Mortgage A 76 0.0%7.19%
17 BMO Bank F 75 0.0%7.63%
18 Figure Lending C 72 14.3%6.65%
19 Bankers' Bank C 64 0.0%6.31%
20 ALTRA Federal Credit Union B 66 0.0%6.49%
21 21st Mortgage F 50 60.0%
22 Fairway Independent Mortgage B 55 0.0%6.75%
23 Freedom Mortgage B 51 0.0%6.75%
24 Citizens First Bank A 54 20.0%

Best approval odds in Richland County

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

#LenderDecidedDecision denial rate
1Westby Co-op Credit Union545.6%

What Richland County borrowers applied for

By loan purpose

Home purchase 178 39% · 8.4% denied
Refinance 59 13% · 8.5% denied
Cash-out refinance 142 31% · 14.1% denied
Home improvement 33 7% · 27.3% denied
Other / HELOC 45 10% · 28.9% denied

By loan type

Conventional 374 82% · 13.4% denied
FHA 52 11% · 17.3% denied
VA 28 6% · 7.1% denied
USDA / RHS 3 1% · 33.3% denied

Why applications were denied

Debt-to-income ratio 16 27%
Credit history 12 20%
Collateral 11 19%
Incomplete application 9 15%
Other 6 10%
Insufficient cash 2 3%
Employment history 2 3%
Unverifiable information 1 2%

Richland County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202338527011.7%7.25%$115,000
202443227817.6%7.13%$135,000
202545729413.6%6.88%$145,000

Frequently asked questions

13.6% of applications in Richland County were denied in 2025, against 14.0% statewide in Wisconsin.

Westby Co-op Credit Union, with 68 applications in 2025 and a denial rate of 4.4%.

The median mortgage application in Richland County in 2025 was for $145,000; the median property value on originated loans was $255,000.