American Financial Resources · Iowa · 2025

American Financial Resources in Iowa: approval rate, denial rate and rates (2025)

American Financial Resources took 31 mortgage applications in Iowa in 2025, ranking #267 of 739 lenders active in the state. It originated 77.4% of them and denied 6.5% (7.7% of the applications it decided), against a statewide denial rate of 12.9%.

31Applicationsin IA
7.7%Decision denial ratestate 15.3%
6.63%Median ratestate 6.50%
$175,000Median loanstate $135,000
$4.6MVolume18 counties

American Financial Resources in Iowa vs the state

6.5%Denial rate-6.41 pts vs state
7.7%Decision denial rate-7.62 pts vs state
77.4%Origination rate+8.96 pts vs state
6.63%Median rate+0.13 pts vs state
0.58Rate spread (pts)+0.38 pts vs state
$71kMedian applicant income
24Loans originated
2Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236216.7%6.94%#393
202421154.8%7.25%#287
202531246.5%6.63%#267

What American Financial Resources lends in Iowa

By loan purpose

Home purchase 22 71% · 4.6% denied
Refinance 7 23% · 14.3% denied
Cash-out refinance 2 6% · 0.0% denied

By loan type

Conventional 8 26% · 12.5% denied
FHA 15 48% · 6.7% denied
VA 7 23% · 0.0% denied
USDA / RHS 1 3% · 0.0% denied

Why it denied Iowa applicants

Credit history 1 50%
Unverifiable information 1 50%

Where in Iowa

Counties with the most American Financial Resources applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Scott County 870 0.0%
Polk County 540 0.0%
Pottawattamie County 211 50.0%
Wapello County 211 50.0%
Audubon County 100 0.0%
Iowa County 100 0.0%
Mahaska County 110 0.0%
Shelby County 110 0.0%
Des Moines County 110 0.0%
Johnson 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: 31 applications in 2025, of which 24 were originated and 2 denied.

6.5% of all applications, or 7.7% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans American Financial Resources originated in Iowa in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are American Financial Resources'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