Forward Bank
Forward Bank received 462 applications in 2025 and made 382 mortgages, in 39 counties across 3 states. The median rate its borrowers got was 7.000% on a median loan of $185,000. Of 450 decisions, 18 were denials — 4.0%, most often for debt-to-income ratio.
| Legal Entity Identifier | 254900IER2H3R8YLBW04 |
|---|---|
| Applications received | 462 |
| Mortgages made | 382 |
| Denied | 18 |
| Approved, not taken up | 50 |
| Withdrawn or incomplete | 12 |
| Loans bought from other lenders | 1 |
| Median rate spread over the prime offer rate | 0.253 points |
| FDIC-insured bank | Yes: Forward Bank, 15 offices |
By loan purpose
| Purpose | Mortgages made | Median rate | Median loan | Denied |
|---|---|---|---|---|
| Home purchase | 227 | 7.000% | $195,000 | 1.9% |
| Refinancing | 41 | 6.750% | $225,000 | 10.0% |
| Cash-out refinancing | 97 | 7.250% | $155,000 | 6.8% |
| Other purposes | 17 | 7.750% | $65,000 | 0.0% |
Where Forward Bank lends most
The 39 counties where it made the most mortgages in 2025. Each county page ranks every lender there.
| County | Mortgages made | Median rate | Denied |
|---|---|---|---|
| Clark County, WI | 98 | 7.250% | 1.9% |
| Wood County, WI | 57 | 6.875% | 5.7% |
| Price County, WI | 50 | 6.813% | 5.0% |
| Marathon County, WI | 49 | 7.000% | 3.6% |
| Taylor County, WI | 42 | 7.275% | 2.0% |
| Chippewa County, WI | 16 | 7.000% | 9.1% |
| Vilas County, WI | 13 | 6.750% | 0.0% |
| Oneida County, WI | 11 | 6.500% | 8.3% |
| Ashland County, WI | 7 | Under 10 loans | 0.0% |
| Eau Claire County, WI | 5 | Under 10 loans | 0.0% |
| Wabasha County, MN | 4 | Under 10 loans | 0.0% |
| Iron County, WI | 4 | Under 10 loans | 0.0% |
| Portage County, WI | 4 | Under 10 loans | 0.0% |
| Dunn County, WI | 3 | Under 10 loans | 0.0% |
| Goodhue County, MN | 2 | Under 10 loans | 25.0% |
| Ontonagon County, MI | 1 | Under 10 loans | 0.0% |
| Carver County, MN | 1 | Under 10 loans | 0.0% |
| Clearwater County, MN | 1 | Under 10 loans | 0.0% |
| Fillmore County, MN | 1 | Under 10 loans | 0.0% |
| Hennepin County, MN | 1 | Under 10 loans | 0.0% |
| Adams County, WI | 1 | Under 10 loans | 0.0% |
| Bayfield County, WI | 1 | Under 10 loans | 0.0% |
| Jackson County, WI | 1 | Under 10 loans | 0.0% |
| Jefferson County, WI | 1 | Under 10 loans | 0.0% |
| Kewaunee County, WI | 1 | Under 10 loans | 0.0% |
| Langlade County, WI | 1 | Under 10 loans | 50.0% |
| Lincoln County, WI | 1 | Under 10 loans | 0.0% |
| Marinette County, WI | 1 | Under 10 loans | 0.0% |
| Outagamie County, WI | 1 | Under 10 loans | 0.0% |
| Rock County, WI | 1 | Under 10 loans | 0.0% |
| Rusk County, WI | 1 | Under 10 loans | 0.0% |
| Washington County, WI | 1 | Under 10 loans | 0.0% |
| Columbia County, WI | 0 | Under 10 loans | 0.0% |
| Dodge County, WI | 0 | Under 10 loans | 0.0% |
| Door County, WI | 0 | Under 10 loans | 0.0% |
| Grant County, WI | 0 | Under 10 loans | 0.0% |
| Manitowoc County, WI | 0 | Under 10 loans | 100.0% |
| St. Croix County, WI | 0 | Under 10 loans | 0.0% |
| Sawyer County, WI | 0 | Under 10 loans | Not published |
Get told when this changes
When Forward Bank’s figures are published for the next year, or restated.
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Counts, medians and denial shares are computed from the Home Mortgage Disclosure Act loan-level file for 2025, published by the Consumer Financial Protection Bureau through the FFIEC: every application a covered lender received, as the lender reported it. A median rate is what borrowers got, not what you will be offered — it depends on the loan, the property, your credit and the market on the day, and no figure here is a quote. A median over fewer than 10 loans is not shown: it is a number with no meaning and a real person's rate half-exposed. Those cells say "under 10 loans" and the count is still published. This is information, not advice, and no lender pays to appear.