Washington County, Wisconsin · 2025

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

287 lenders acted on 5,769 mortgage applications for properties in Washington County in 2025. 12.8% were denied (Wisconsin: 14.0%). Median rate on closed loans 6.63%; median loan $205,000; median property value $425,000.

5.8kApplications
12.8%Denial ratestate 14.0%
6.63%Median ratestate 6.63%
$205,000Median loan
$425,000Median property value

Largest lenders in Washington County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Landmark Credit Union A 851644 14.0%6.50%
2 Summit Credit Union A 354257 17.8%6.63%
3 BMO Bank F 220153 19.6%8.23%
4 Associated Bank B 201151 16.9%6.75%
5 Rocket Mortgage C 189148 13.8%6.88%
6 University of Wisconsin Credit Union A 185140 13.5%6.63%
7 Fairway Independent Mortgage B 165113 5.5%6.63%
8 Newrez D 14381 9.8%6.63%
9 U.S. Bank D 13787 21.9%8.00%
10 Bank Five Nine A 11894 4.2%6.63%
11 United Shore Financial Services B 11790 9.4%6.50%
12 Glacier Hills Credit Union B 10988 5.5%6.50%
13 Guild Mortgage A 9975 5.1%6.63%
14 Bell Bank A 9479 9.6%6.50%
15 Forte Bank A 7960 6.3%
16 Educators Credit Union B 6958 8.7%6.75%
17 State Bank of Newburg 6857 2.9%
18 National Exchange Bank and Trust C 6754 7.5%7.00%
19 Westbury Bank A 6459 3.1%6.13%
20 Mortgage Research Center C 6340 12.7%6.50%
21 JPMorgan Chase Bank B 6039 5.0%6.63%
22 Ixonia Bank C 6042 0.0%6.63%
23 Freedom Mortgage B 6027 10.0%6.13%
24 Pennymac Loan Services C 5933 13.6%6.63%
25 Horicon Bank B 5949 5.1%6.75%

Best approval odds in Washington County

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

What Washington County borrowers applied for

By loan purpose

Home purchase 2,204 38% · 7.8% denied
Refinance 1,094 19% · 9.6% denied
Cash-out refinance 968 17% · 16.6% denied
Home improvement 754 13% · 16.5% denied
Other / HELOC 749 13% · 23.8% denied

By loan type

Conventional 5,154 89% · 12.7% denied
FHA 312 5% · 19.6% denied
VA 299 5% · 8.0% denied
USDA / RHS 4 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 227 31%
Credit history 200 27%
Collateral 121 17%
Incomplete application 93 13%
Other 55 8%
Unverifiable information 21 3%
Insufficient cash 13 2%
Employment history 3 0%

Washington County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20234,5403,21413.0%6.88%$155,000
20245,1313,56813.1%7.00%$185,000
20255,7694,03712.8%6.63%$205,000

Frequently asked questions

12.8% of applications in Washington County were denied in 2025, against 14.0% statewide in Wisconsin.

Landmark Credit Union, with 851 applications in 2025 and a denial rate of 14.0%.

The median mortgage application in Washington County in 2025 was for $205,000; the median property value on originated loans was $425,000.