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2024 data HMDA 2024 disclosure official source

Vernon County

754 mortgage applications, 10.1% denial rate. Verify FIPS 55123 with U.S. Census Bureau →

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Wisconsin · FIPS 55123

Local mortgage market. Vernon County, Wisconsin saw 754 HMDA-reported mortgage applications in 2024. Lenders originated 523 of those loans and denied 76, producing a denial rate of 10.1% and an approval (origination) rate of 69.4%. The average loan amount was $169,257 at an average note rate of 7.30%, with applicants self-reporting average annual income of $36K. 91 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.7x, meaning typical borrowers took on mortgages of about 4.7 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 55123 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

754
Applications
523
Originated
10.1%
Denial Rate
69.4%
Approval Rate
$169,257
Avg Loan Amount
7.30%
Avg Interest Rate
$36K
Avg Applicant Income
4.7x
Loan-to-Income Ratio

Nearby Lenders in Vernon 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 75 14.3%
2 Altra Federal Credit Union 70 13.4%
3 Citizens First Bank 35 6.7%
4 Ontario Bancorporation Inc.-Bank of Ontario 23 4.4%
5 Compeer Financial 20 3.8%
Compare Westby Co-Op Credit Union vs Altra Federal Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Vernon County?
In the 2024 HMDA reporting year, 754 mortgage applications were filed in Vernon County, Wisconsin. Of these, 523 were originated (approved and funded), while 76 were denied, resulting in a denial rate of 10.1%.
What is the mortgage denial rate in Vernon County?
The mortgage denial rate in Vernon County is 10.1%. The approval (origination) rate is 69.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Vernon County?
The average mortgage loan amount in Vernon County is $169,257. The average interest rate is 7.302%. The average applicant income is $36K.
What is the loan-to-income ratio in Vernon County?
The average loan-to-income ratio in Vernon County is 4.7x, meaning borrowers took on loans averaging 4.7 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Vernon County?
The top mortgage lenders in Vernon County by origination volume are Westby Co-Op Credit Union, Altra Federal Credit Union, Citizens First Bank. In total, 91 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.