American Financing in Iowa vs the state
46.6%Denial rate+33.77 pts vs state
63.3%Decision denial rate+48.02 pts vs state
20.3%Origination rate-48.21 pts vs state
6.25%Median rate-0.25 pts vs state
0.42Rate spread (pts)+0.23 pts vs state
$73kMedian applicant income
33Loans originated
76Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 106 | 26 | 28.3% | 6.75% | #138 |
| 2024 | 147 | 23 | 55.8% | 6.13% | #117 |
| 2025 | 163 | 33 | 46.6% | 6.25% | #118 |
What American Financing lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most American Financing applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 24 | 5 | 11 | 45.8% |
| Scott County | 13 | 2 | 6 | 46.2% |
| Linn County | 9 | 1 | 5 | 55.6% |
| Woodbury County | 8 | 1 | 4 | 50.0% |
| Benton County | 6 | 2 | 2 | 33.3% |
| Boone County | 6 | 0 | 5 | 83.3% |
| Black Hawk County | 6 | 3 | 1 | 16.7% |
| Warren County | 5 | 0 | 3 | 60.0% |
| Jefferson County | 4 | 0 | 3 | 75.0% |
| Page County | 4 | 0 | 1 | 25.0% |
Other large lenders in Iowa
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| GREENSTATE Credit Union | B | 13,829 | 5.9% | 6.50% |
| Veridian Credit Union | B | 8,725 | 8.9% | 6.49% |
| Rocket Mortgage | C | 3,761 | 22.7% | 6.63% |
| Hills Bank and Trust | A | 3,434 | 6.1% | 6.25% |
| U.S. Bank | D | 2,720 | 25.7% | 7.00% |
| Dupaco Community | A | 2,669 | 16.1% | 7.00% |
| Community Choice Credit Union | B | 2,653 | 11.8% | 6.13% |
| Iowa Bankers Mortgage | B | 2,423 | 15.4% | 6.50% |
| Broker Solutions | D | 2,386 | 6.4% | 6.75% |
| Northwest Bank | A | 2,181 | 5.7% | 6.38% |
Frequently asked questions
Iowa: 163 applications in 2025, of which 33 were originated and 76 denied.
46.6% of all applications, or 63.3% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans American Financing originated in Iowa in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are American Financing'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