Winnebago County, Wisconsin · 2025

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

268 lenders acted on 6,354 mortgage applications for properties in Winnebago County in 2025. 10.6% were denied (Wisconsin: 14.0%). Median rate on closed loans 6.50%; median loan $165,000; median property value $285,000.

6.4kApplications
10.6%Denial ratestate 14.0%
6.50%Median ratestate 6.63%
$165,000Median loan
$285,000Median property value

Largest lenders in Winnebago County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Community First A 976809 5.4%5.49%
2 Verve, a Credit Union B 381301 7.9%6.50%
3 FOX COMMUNITIES Credit Union A 323248 3.7%6.49%
4 Associated Bank B 235166 21.3%6.75%
5 Rocket Mortgage C 234170 17.5%6.75%
6 Nicolet National Bank A 188163 3.7%7.50%
7 CAPITAL Credit Union A 176131 6.8%6.38%
8 U.S. Bank D 162115 17.9%6.63%
9 United Shore Financial Services B 160129 6.9%6.25%
10 Covantage Credit Union B 129103 11.6%6.50%
11 Mortgage Research Center C 12567 15.2%6.25%
12 West Pointe Bank A 113105 0.0%
13 Fairway Independent Mortgage B 11290 9.8%6.63%
14 Guild Mortgage A 10586 5.7%6.75%
15 BMO Bank F 10564 19.1%8.29%
16 University of Wisconsin Credit Union A 10171 17.8%6.50%
17 Home State Bank B 9983 7.1%6.38%
18 Nations Lending B 9183 2.2%6.63%
19 Wells Fargo Bank B 8569 4.7%6.63%
20 Freedom Mortgage B 7937 6.3%6.25%
21 Bank First A 7666 9.2%6.75%
22 Waterstone Mortgage C 7064 1.4%6.50%
23 Winnebago Community 6562 1.5%
24 Johnson Financial Group A 6151 4.9%6.60%
25 Marine Credit Union F 6022 41.7%9.13%

Best approval odds in Winnebago County

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

What Winnebago County borrowers applied for

By loan purpose

Home purchase 2,666 42% · 6.2% denied
Refinance 981 15% · 9.7% denied
Cash-out refinance 1,110 17% · 17.3% denied
Home improvement 734 12% · 13.1% denied
Other / HELOC 863 14% · 14.6% denied

By loan type

Conventional 5,416 85% · 10.0% denied
FHA 509 8% · 17.9% denied
VA 427 7% · 10.1% denied
USDA / RHS 2 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 231 35%
Credit history 168 25%
Incomplete application 90 14%
Collateral 89 13%
Other 44 7%
Employment history 14 2%
Insufficient cash 13 2%
Unverifiable information 12 2%
Mortgage insurance denied 1 0%

Winnebago County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20234,9233,49812.6%6.75%$135,000
20245,7364,20211.2%6.75%$155,000
20256,3544,66210.6%6.50%$165,000

Frequently asked questions

10.6% of applications in Winnebago County were denied in 2025, against 14.0% statewide in Wisconsin.

Community First, with 976 applications in 2025 and a denial rate of 5.4%.

The median mortgage application in Winnebago County in 2025 was for $165,000; the median property value on originated loans was $285,000.