Vernon County, Wisconsin · 2025

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

127 lenders acted on 870 mortgage applications for properties in Vernon County in 2025. 11.8% were denied (Wisconsin: 14.0%). Median rate on closed loans 6.75%; median loan $145,000; median property value $285,000.

870Applications
11.8%Denial ratestate 14.0%
6.75%Median ratestate 6.63%
$145,000Median loan
$285,000Median property value

Largest lenders in Vernon County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 ALTRA Federal Credit Union B 9987 4.0%6.55%
2 Westby Co-op Credit Union B 9580 2.1%7.13%
3 Citizens First Bank A 5346 1.9%
4 Royal Bank C 4839 8.3%6.75%
5 Associated Bank B 3520 31.4%6.75%
6 Bank of Ontario 3533 5.7%
7 One Community Bank B 3030 0.0%7.50%
8 Compeer Financial, Flca C 2719 7.4%7.25%
9 Rocket Mortgage C 2518 28.0%6.99%
10 Marine Credit Union F 1910 36.8%8.11%
11 River Bank 1611 6.3%
12 Summit Credit Union A 1513 0.0%6.44%
13 University of Wisconsin Credit Union A 158 13.3%5.63%
14 Spring Eq D 135 15.4%8.15%
15 Broker Solutions D 133 23.1%7.25%
16 Servion B 1211 0.0%6.63%
17 AmeriSave Mortgage D 111 90.9%6.88%
18 Mortgage Research Center C 114 27.3%6.25%
19 Bank First A 1110 0.0%8.06%
20 Peoples State Bank B 119 9.1%
21 DAS Acquisition Company B 106 0.0%6.62%
22 Crosscountry Mortgage B 107 0.0%6.83%
23 Citizens State Bank of La Crosse A 1010 0.0%7.25%
24 Fairway Independent Mortgage B 95 0.0%6.49%
25 Freedom Mortgage B 90 11.1%

Best approval odds in Vernon County

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

#LenderDecidedDecision denial rate
1Westby Co-op Credit Union822.4%
2ALTRA Federal Credit Union944.3%

What Vernon County borrowers applied for

By loan purpose

Home purchase 362 42% · 7.5% denied
Refinance 162 19% · 8.0% denied
Cash-out refinance 190 22% · 15.8% denied
Home improvement 75 9% · 17.3% denied
Other / HELOC 81 9% · 24.7% denied

By loan type

Conventional 765 88% · 11.1% denied
FHA 43 5% · 16.3% denied
VA 61 7% · 18.0% denied
USDA / RHS 1 0% · 0.0% denied

Why applications were denied

Collateral 24 25%
Debt-to-income ratio 23 24%
Credit history 22 23%
Incomplete application 14 14%
Other 11 11%
Insufficient cash 2 2%
Unverifiable information 1 1%

Vernon County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202366347711.3%6.88%$125,000
202471952210.6%7.00%$125,000
202587062011.8%6.75%$145,000

Frequently asked questions

11.8% of applications in Vernon County were denied in 2025, against 14.0% statewide in Wisconsin.

ALTRA Federal Credit Union, with 99 applications in 2025 and a denial rate of 4.0%.

The median mortgage application in Vernon County in 2025 was for $145,000; the median property value on originated loans was $285,000.