Shawano County, Wisconsin · 2025

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

145 lenders acted on 1,638 mortgage applications for properties in Shawano County in 2025. 11.1% were denied (Wisconsin: 14.0%). Median rate on closed loans 6.63%; median loan $125,000; median property value $245,000.

1.6kApplications
11.1%Denial ratestate 14.0%
6.63%Median ratestate 6.63%
$125,000Median loan
$245,000Median property value

Largest lenders in Shawano County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Covantage Credit Union B 502427 5.2%6.50%
2 CAPITAL Credit Union A 150113 4.0%6.13%
3 FOX COMMUNITIES Credit Union A 8664 1.2%6.49%
4 Associated Bank B 8459 26.2%7.25%
5 Rocket Mortgage C 5538 27.3%6.81%
6 Community First A 5544 5.5%5.49%
7 United Shore Financial Services B 3632 8.3%6.63%
8 Bank First A 3125 6.5%7.00%
9 Mortgage Research Center C 2516 8.0%6.38%
10 AbbyBank C 2411 20.8%6.99%
11 Nicolet National Bank A 2420 0.0%7.00%
12 Guild Mortgage A 2316 8.7%6.63%
13 Johnson Financial Group A 2217 0.0%7.25%
14 BMO Bank F 2011 35.0%8.03%
15 North Shore Bank C 187 55.6%6.75%
16 Premier Community Bank B 1715 5.9%
17 First Colony Mortgage A 179 5.9%6.75%
18 Marine Credit Union F 164 25.0%7.73%
19 Pennymac Loan Services C 148 7.1%6.44%
20 21st Mortgage F 143 42.9%11.39%
21 Broker Solutions D 143 7.1%7.13%
22 GreenStone Farm Credit Services, FLCA A 1411 7.1%7.25%
23 Nations Lending B 1311 0.0%6.13%
24 Bay Bank D 138 38.5%
25 U.S. Bank D 123 58.3%6.50%

Best approval odds in Shawano County

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

#LenderDecidedDecision denial rate
1FOX COMMUNITIES Credit Union841.2%
2CAPITAL Credit Union1344.5%
3Covantage Credit Union4615.6%
4Associated Bank8127.2%
5Rocket Mortgage5427.8%

What Shawano County borrowers applied for

By loan purpose

Home purchase 531 32% · 6.0% denied
Refinance 325 20% · 7.4% denied
Cash-out refinance 362 22% · 15.5% denied
Home improvement 138 8% · 20.3% denied
Other / HELOC 282 17% · 14.5% denied

By loan type

Conventional 1,440 88% · 10.3% denied
FHA 98 6% · 22.5% denied
VA 92 6% · 12.0% denied
USDA / RHS 8 0% · 0.0% denied

Why applications were denied

Credit history 56 32%
Debt-to-income ratio 55 31%
Collateral 36 21%
Other 14 8%
Incomplete application 11 6%
Insufficient cash 2 1%
Employment history 1 1%

Shawano County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,5241,06711.8%7.13%$85,000
20241,5631,10813.4%7.13%$105,000
20251,6381,17011.1%6.63%$125,000

Frequently asked questions

11.1% of applications in Shawano County were denied in 2025, against 14.0% statewide in Wisconsin.

Covantage Credit Union, with 502 applications in 2025 and a denial rate of 5.2%.

The median mortgage application in Shawano County in 2025 was for $125,000; the median property value on originated loans was $245,000.