Top Mortgage Lenders in the Rice Lake, WI area

Which mortgage lender in the Rice Lake, WI area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Rice Lake, WI area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Rice Lake, WI area is Royal Credit Union, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.09%. This means that Royal Credit Union provided a -0.09% lower interest rate for its customers than other lenders in Rice Lake, WI for a similar set of borrowers. Royal Credit Union has a market share of 15.0%. It is also the most popular lender in the area.

Our detailed rankings of the mortgage lenders for the Rice Lake, WI area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Rice Lake, WI is Royal Credit Union. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is Quicken Loans. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is Tradition Mortgage. The cheapest VA mortgage provider is Associated Bank. To get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders by “Rate Rank” for your desired mortgage type and purpose.

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Royal Credit Union 1, -0.09% 15.02%
WESTconsin Credit Union 2, -0.08% 13.99%
Johnson Bank 3, -0.06% 13.99%
Bankers’ Bank 4, -0.01% 6.54%
Us Bank 5, -0.00% 8.07%
Associated Bank 6, 0.01% 6.13%
Wells Fargo Bank 7, 0.01% 4.29%
Citizens Community Federal N A 8, 0.02% 7.35%
American Mortgage & Equity Consultants Inc 9, 0.03% 5.41%
Tradition Mortgage 10, 0.07% 3.17%
Quicken Loans 11, 0.15% 10.42%
Compeer Financial ACA 12, 0.20% 5.62%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Royal Credit Union 1, -0.05% 16.60%
Johnson Bank 2, -0.05% 9.92%
Us Bank 3, -0.04% 7.49%
WESTconsin Credit Union 4, -0.02% 10.93%
Citizens Community Federal N A 5, -0.01% 7.49%
Wells Fargo Bank 6, -0.00% 7.09%
Bankers’ Bank 7, 0.00% 8.10%
Associated Bank 8, 0.00% 7.69%
American Mortgage & Equity Consultants Inc 9, 0.02% 9.31%
Tradition Mortgage 10, 0.06% 4.45%
Quicken Loans 11, 0.12% 7.69%
Compeer Financial ACA 12, 0.20% 3.24%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Royal Credit Union 1, -0.13% 13.40%
WESTconsin Credit Union 2, -0.11% 17.11%
Johnson Bank 3, -0.06% 18.14%
Bankers’ Bank 4, -0.03% 4.95%
Associated Bank 5, 0.01% 4.54%
Us Bank 6, 0.03% 8.66%
Citizens Community Federal N A 7, 0.04% 7.22%
American Mortgage & Equity Consultants Inc 8, 0.04% 1.44%
Tradition Mortgage 9, 0.07% 1.86%
Wells Fargo Bank 10, 0.08% 1.44%
Quicken Loans 11, 0.17% 13.20%
Compeer Financial ACA 12, 0.20% 8.04%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Royal Credit Union 1, -0.08% 16.52%
WESTconsin Credit Union 2, -0.07% 15.39%
Johnson Bank 3, -0.05% 15.39%
Bankers’ Bank 4, -0.01% 7.19%
Us Bank 5, -0.00% 8.09%
Associated Bank 6, 0.01% 5.39%
Wells Fargo Bank 7, 0.02% 4.38%
Citizens Community Federal N A 8, 0.02% 8.09%
American Mortgage & Equity Consultants Inc 9, 0.03% 3.48%
Tradition Mortgage 10, 0.09% 2.58%
Compeer Financial ACA 11, 0.20% 6.18%
Quicken Loans 12, 0.21% 7.30%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Royal Credit Union 1, -0.05% 18.72%
Johnson Bank 2, -0.05% 11.19%
Us Bank 3, -0.05% 7.31%
WESTconsin Credit Union 4, -0.02% 12.33%
Wells Fargo Bank 5, -0.01% 7.31%
Citizens Community Federal N A 6, -0.00% 8.45%
Associated Bank 7, 0.00% 6.85%
Bankers’ Bank 8, 0.00% 9.13%
American Mortgage & Equity Consultants Inc 9, 0.02% 5.71%
Tradition Mortgage 10, 0.10% 3.20%
Quicken Loans 11, 0.16% 6.16%
Compeer Financial ACA 12, 0.21% 3.65%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Royal Credit Union 1, -0.12% 14.38%
WESTconsin Credit Union 2, -0.11% 18.36%
Johnson Bank 3, -0.05% 19.47%
Bankers’ Bank 4, -0.03% 5.31%
Associated Bank 5, 0.01% 3.98%
Us Bank 6, 0.04% 8.85%
Citizens Community Federal N A 7, 0.04% 7.74%
American Mortgage & Equity Consultants Inc 8, 0.04% 1.33%
Tradition Mortgage 9, 0.08% 1.99%
Wells Fargo Bank 10, 0.09% 1.55%
Compeer Financial ACA 11, 0.21% 8.63%
Quicken Loans 12, 0.25% 8.41%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Tradition Mortgage 1, -0.04% 11.76%
Associated Bank 2, -0.02% 3.92%
Us Bank 3, -0.00% 3.92%
American Mortgage & Equity Consultants Inc 4, 0.00% 37.25%
Quicken Loans 5, 0.01% 43.14%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Tradition Mortgage 1, -0.03% 16.67%
Associated Bank 2, -0.02% 5.56%
Us Bank 3, -0.00% 5.56%
American Mortgage & Equity Consultants Inc 4, 0.00% 50.00%
Quicken Loans 5, 0.02% 22.22%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.00% 93.33%
American Mortgage & Equity Consultants Inc 2, 0.02% 6.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.01% 16.67%
Tradition Mortgage 2, 0.00% 16.67%
Wells Fargo Bank 3, 0.00% 16.67%
Associated Bank 4, 0.00% 33.33%
American Mortgage & Equity Consultants Inc 5, 0.00% 16.67%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Associated Bank 1, -0.00% 25.00%
Tradition Mortgage 2, -0.00% 25.00%
Wells Fargo Bank 3, -0.00% 25.00%
American Mortgage & Equity Consultants Inc 4, 0.00% 25.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.01% 50.00%
Associated Bank 2, 0.01% 50.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Associated Bank 1, -0.03% 25.00%
Us Bank 2, -0.03% 15.62%
American Mortgage & Equity Consultants Inc 3, -0.02% 6.25%
Tradition Mortgage 4, -0.00% 3.12%
Wells Fargo Bank 5, 0.00% 6.25%
Quicken Loans 6, 0.03% 43.75%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Associated Bank 1, -0.03% 31.25%
Us Bank 2, -0.01% 18.75%
American Mortgage & Equity Consultants Inc 3, 0.01% 12.50%
Quicken Loans 4, 0.02% 18.75%
Tradition Mortgage 5, 0.02% 6.25%
Wells Fargo Bank 6, 0.03% 12.50%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Us Bank 1, -0.06% 12.50%
Associated Bank 2, -0.03% 18.75%
Quicken Loans 3, 0.02% 68.75%

* Data is compiled for the Rice Lake, WI commuting zone area, which comprises of counties of Barron County, WI, Rusk County, WI, Sawyer County, WI, and Washburn County, WI. This includes cities/towns/communities of Rice Lake, WI as well as Chetek, WI, Cameron, WI, Stone Lake, WI, Birchwood, WI, Spooner, WI, Prairie Farm, WI, Haugen, WI, Turtle Lake, WI, Hayward, WI, Shell Lake, WI, Barron, WI, Cumberland, WI, Bruce, WI, Trego, WI, Minong, WI, Hawkins, WI, Ladysmith, WI, Little Round Lake, WI, Weyerhaeuser, WI, Sheldon, WI, Winter, WI, and Radisson, WI. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

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