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2024 data HMDA 2024 disclosure official source

Ashland County

505 mortgage applications, 17.6% denial rate. Verify FIPS 55003 with U.S. Census Bureau →

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Wisconsin · FIPS 55003

Local mortgage market. Ashland County, Wisconsin saw 505 HMDA-reported mortgage applications in 2024. Lenders originated 314 of those loans and denied 89, producing a denial rate of 17.6% and an approval (origination) rate of 62.2%. The average loan amount was $151,079 at an average note rate of 7.06%, with applicants self-reporting average annual income of $36K. 71 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.2x, meaning typical borrowers took on mortgages of about 4.2 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 55003 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

505
Applications
314
Originated
17.6%
Denial Rate
62.2%
Approval Rate
$151,079
Avg Loan Amount
7.06%
Avg Interest Rate
$36K
Avg Applicant Income
4.2x
Loan-to-Income Ratio

Nearby Lenders in Ashland County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Northern State Bank 51 16.2%
2 Superior Choice Credit Union 32 10.2%
3 Associated Bank NA 29 9.2%
4 Rocket Mortgage 26 8.3%
5 Chippewa Valley Bank 15 4.8%
Compare Northern State Bank vs Superior Choice Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Ashland County?
In the 2024 HMDA reporting year, 505 mortgage applications were filed in Ashland County, Wisconsin. Of these, 314 were originated (approved and funded), while 89 were denied, resulting in a denial rate of 17.6%.
What is the mortgage denial rate in Ashland County?
The mortgage denial rate in Ashland County is 17.6%. The approval (origination) rate is 62.2%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Ashland County?
The average mortgage loan amount in Ashland County is $151,079. The average interest rate is 7.060%. The average applicant income is $36K.
What is the loan-to-income ratio in Ashland County?
The average loan-to-income ratio in Ashland County is 4.2x, meaning borrowers took on loans averaging 4.2 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Ashland County?
The top mortgage lenders in Ashland County by origination volume are Northern State Bank, Superior Choice Credit Union, Associated Bank NA. In total, 71 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.