PlainLender
2024 data HMDA 2024 disclosure official source

Richland County

451 mortgage applications, 16.9% denial rate. Verify FIPS 55103 with U.S. Census Bureau →

PlainLender home → About this data

Wisconsin · FIPS 55103

Local mortgage market. Richland County, Wisconsin saw 451 HMDA-reported mortgage applications in 2024. Lenders originated 278 of those loans and denied 76, producing a denial rate of 16.9% and an approval (origination) rate of 61.6%. The average loan amount was $168,525 at an average note rate of 7.06%, with applicants self-reporting average annual income of $35K. 75 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.8x, meaning typical borrowers took on mortgages of about 4.8 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 55103 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

451
Applications
278
Originated
16.9%
Denial Rate
61.6%
Approval Rate
$168,525
Avg Loan Amount
7.06%
Avg Interest Rate
$35K
Avg Applicant Income
4.8x
Loan-to-Income Ratio

Nearby Lenders in Richland 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 Westby Co-Op Credit Union 62 22.3%
2 The Peoples Community Bank 29 10.4%
3 Summit Credit Union 18 6.5%
4 Rocket Mortgage 14 5.0%
5 Royal Bank 13 4.7%
Compare Westby Co-Op Credit Union vs The Peoples Community Bank →

Frequently Asked Questions

How many mortgage applications were filed in Richland County?
In the 2024 HMDA reporting year, 451 mortgage applications were filed in Richland County, Wisconsin. Of these, 278 were originated (approved and funded), while 76 were denied, resulting in a denial rate of 16.9%.
What is the mortgage denial rate in Richland County?
The mortgage denial rate in Richland County is 16.9%. The approval (origination) rate is 61.6%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Richland County?
The average mortgage loan amount in Richland County is $168,525. The average interest rate is 7.056%. The average applicant income is $35K.
What is the loan-to-income ratio in Richland County?
The average loan-to-income ratio in Richland County is 4.8x, meaning borrowers took on loans averaging 4.8 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Richland County?
The top mortgage lenders in Richland County by origination volume are Westby Co-Op Credit Union, The Peoples Community Bank, Summit Credit Union. In total, 75 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.