Wood County, Wisconsin · 2025

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

190 lenders acted on 2,313 mortgage applications for properties in Wood County in 2025. 16.7% were denied (Wisconsin: 14.0%). Median rate on closed loans 6.63%; median loan $145,000; median property value $225,000.

2.3kApplications
16.7%Denial ratestate 14.0%
6.63%Median ratestate 6.63%
$145,000Median loan
$225,000Median property value

Largest lenders in Wood County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Simplicity C 239186 8.4%6.63%
2 U.S. Bank D 13795 25.6%6.50%
3 Rocket Mortgage C 12380 25.2%6.56%
4 Covantage Credit Union B 12082 15.8%6.50%
5 Associated Bank B 11782 18.0%6.88%
6 Valley Communities Credit Union B 11077 19.1%6.09%
7 Ixonia Bank C 8560 7.1%6.63%
8 Forward Bank A 7157 5.6%6.88%
9 Mortgage Research Center C 6535 26.2%6.25%
10 Connexus Credit Union C 5724 42.1%6.49%
11 Fairway Independent Mortgage B 5639 5.4%6.50%
12 BMO Bank F 5231 28.9%8.36%
13 Nations Lending B 4943 4.1%6.75%
14 United Shore Financial Services B 4727 21.3%6.63%
15 University of Wisconsin Credit Union A 4431 13.6%6.56%
16 Pennymac Loan Services C 4217 16.7%6.25%
17 Prevail Bank C 3827 13.2%6.63%
18 Woodtrust Bank 3228 9.4%
19 Coastal Community Bank C 307 3.3%11.74%
20 Partners Bank of Wisconsin 2827 0.0%6.99%
21 Summit Credit Union A 2823 10.7%6.13%
22 Bank First A 2523 4.0%6.38%
23 First Federal Bank B 2217 18.2%6.63%
24 Newrez D 214 23.8%6.44%
25 AmeriSave Mortgage D 206 55.0%8.94%

Best approval odds in Wood County

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

#LenderDecidedDecision denial rate
1Forward Bank705.7%
2Ixonia Bank688.8%
3Simplicity2069.7%
4Covantage Credit Union10518.1%
5Associated Bank10520.0%
6Valley Communities Credit Union9821.4%
7U.S. Bank13026.9%
8Rocket Mortgage11527.0%
9Mortgage Research Center5232.7%
10Connexus Credit Union5246.2%

What Wood County borrowers applied for

By loan purpose

Home purchase 1,003 43% · 9.1% denied
Refinance 390 17% · 18.0% denied
Cash-out refinance 399 17% · 23.6% denied
Home improvement 182 8% · 26.4% denied
Other / HELOC 339 15% · 24.2% denied

By loan type

Conventional 1,805 78% · 16.0% denied
FHA 285 12% · 23.5% denied
VA 170 7% · 14.7% denied
USDA / RHS 53 2% · 9.4% denied

Why applications were denied

Credit history 112 30%
Debt-to-income ratio 106 28%
Collateral 63 17%
Incomplete application 32 8%
Other 31 8%
Insufficient cash 15 4%
Unverifiable information 12 3%
Employment history 8 2%

Wood County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,7641,23113.9%6.75%$115,000
20242,1001,43514.3%6.88%$125,000
20252,3131,49816.7%6.63%$145,000

Frequently asked questions

16.7% of applications in Wood County were denied in 2025, against 14.0% statewide in Wisconsin.

Simplicity, with 239 applications in 2025 and a denial rate of 8.4%.

The median mortgage application in Wood County in 2025 was for $145,000; the median property value on originated loans was $225,000.