Advantage Credit Union · Iowa · 2025

Advantage Credit Union in Iowa: approval rate, denial rate and rates (2025)

Advantage Credit Union took 61 mortgage applications in Iowa in 2025, ranking #200 of 739 lenders active in the state. It originated 93.4% of them and denied 1.6% (1.7% of the applications it decided), against a statewide denial rate of 12.9%.

61Applicationsin IA
1.7%Decision denial ratestate 15.3%
6.95%Median ratestate 6.50%
$75,000Median loanstate $135,000
$5.3MVolume4 counties

Advantage Credit Union in Iowa vs the state

1.6%Denial rate-11.22 pts vs state
1.7%Decision denial rate-13.64 pts vs state
93.4%Origination rate+24.98 pts vs state
6.95%Median rate+0.45 pts vs state
0.63Rate spread (pts)+0.44 pts vs state
$68kMedian applicant income
57Loans originated
1Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202382771.2%5.99%#162
202411110.0%6.88%#322
202561571.6%6.95%#200

What Advantage Credit Union lends in Iowa

By loan purpose

Home purchase 5 8% · 0.0% denied
Refinance 5 8% · 0.0% denied
Cash-out refinance 32 52% · 0.0% denied
Home improvement 5 8% · 20.0% denied
Other / HELOC 14 23% · 0.0% denied

By loan type

Conventional 61 100% · 1.6% denied

Why it denied Iowa applicants

Debt-to-income ratio 1 100%

Where in Iowa

Counties with the most Advantage Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jasper County 54511 1.9%
Marion County 220 0.0%
Marshall County 220 0.0%
Polk County 110 0.0%

Other large lenders in Iowa

LenderGradeApplicationsDenial rateMedian rate
GREENSTATE Credit UnionB 13,8295.9%6.50%
Veridian Credit UnionB 8,7258.9%6.49%
Rocket MortgageC 3,76122.7%6.63%
Hills Bank and TrustA 3,4346.1%6.25%
U.S. BankD 2,72025.7%7.00%
Dupaco CommunityA 2,66916.1%7.00%
Community Choice Credit UnionB 2,65311.8%6.13%
Iowa Bankers MortgageB 2,42315.4%6.50%
Broker SolutionsD 2,3866.4%6.75%
Northwest BankA 2,1815.7%6.38%

Frequently asked questions

Iowa: 61 applications in 2025, of which 57 were originated and 1 denied.

1.6% of all applications, or 1.7% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Advantage Credit Union originated in Iowa in 2025 was 6.95%, against a statewide median of 6.50%.

About this data. Figures are Advantage Credit Union's own HMDA filing for properties located in Iowa, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology