Rusk County, Wisconsin · 2025

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

119 lenders acted on 531 mortgage applications for properties in Rusk County in 2025. 18.1% were denied (Wisconsin: 14.0%). Median rate on closed loans 6.75%; median loan $135,000; median property value $235,000.

531Applications
18.1%Denial ratestate 14.0%
6.75%Median ratestate 6.63%
$135,000Median loan
$235,000Median property value

Largest lenders in Rusk County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Royal Credit Union B 5841 6.9%6.75%
2 WESTCONSIN Credit Union C 3317 27.3%7.25%
3 Connexus Credit Union C 3315 33.3%6.49%
4 Rocket Mortgage C 3021 26.7%6.75%
5 Compeer Financial, Flca C 2115 9.5%7.30%
6 Loandepot.Com D 216 38.1%7.12%
7 Superior Choice Credit Union B 2113 23.8%6.50%
8 Mortgage Research Center C 1910 10.5%6.50%
9 Security Financial Bank B 1512 6.7%
10 Crosscountry Mortgage B 148 0.0%6.75%
11 Marine Credit Union F 127 33.3%9.13%
12 Citizens Community Federal B 117 9.1%6.63%
13 AmeriSave Mortgage D 102 70.0%8.63%
14 Freedom Mortgage B 104 10.0%6.00%
15 Associated Bank B 99 0.0%6.63%
16 United Shore Financial Services B 83 25.0%6.50%
17 Citizens State Bank B 85 37.5%
18 American Pacific Mortgage C 77 0.0%6.25%
19 Broker Solutions D 61 16.7%7.88%
20 Coastal Community Bank C 63 0.0%10.74%
21 Nicolet National Bank A 65 0.0%7.50%
22 First Federal Bank B 55 0.0%6.38%
23 Johnson Financial Group A 51 40.0%6.35%
24 USAA Federal Savings Bank C 52 0.0%6.63%
25 Spring Eq D 50 100.0%

Best approval odds in Rusk County

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

#LenderDecidedDecision denial rate
1Royal Credit Union508.0%

What Rusk County borrowers applied for

By loan purpose

Home purchase 219 41% · 9.6% denied
Refinance 74 14% · 17.6% denied
Cash-out refinance 120 23% · 29.2% denied
Home improvement 57 11% · 14.0% denied
Other / HELOC 61 11% · 31.2% denied

By loan type

Conventional 407 77% · 17.9% denied
FHA 62 12% · 27.4% denied
VA 46 9% · 8.7% denied
USDA / RHS 16 3% · 12.5% denied

Why applications were denied

Collateral 24 27%
Debt-to-income ratio 20 22%
Credit history 20 22%
Incomplete application 14 16%
Other 8 9%
Insufficient cash 2 2%
Employment history 1 1%
Unverifiable information 1 1%

Rusk County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202339822821.4%6.99%$95,000
202444826817.9%7.00%$115,000
202553131218.1%6.75%$135,000

Frequently asked questions

18.1% of applications in Rusk County were denied in 2025, against 14.0% statewide in Wisconsin.

Royal Credit Union, with 58 applications in 2025 and a denial rate of 6.9%.

The median mortgage application in Rusk County in 2025 was for $135,000; the median property value on originated loans was $235,000.