American Pacific Mortgage · Iowa · 2025

American Pacific Mortgage in Iowa: approval rate, denial rate and rates (2025)

American Pacific Mortgage took 428 mortgage applications in Iowa in 2025, ranking #55 of 739 lenders active in the state. It originated 74.1% of them and denied 12.9% (14.8% of the applications it decided), against a statewide denial rate of 12.9%.

428Applicationsin IA
14.8%Decision denial ratestate 15.3%
6.75%Median ratestate 6.50%
$165,000Median loanstate $135,000
$56MVolume40 counties

American Pacific Mortgage in Iowa vs the state

12.9%Denial rate-0.01 pts vs state
14.8%Decision denial rate-0.53 pts vs state
74.1%Origination rate+5.61 pts vs state
6.75%Median rate+0.25 pts vs state
0.58Rate spread (pts)+0.39 pts vs state
$77kMedian applicant income
317Loans originated
55Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236074579.1%6.75%#29
20245384286.7%6.75%#38
202542831712.9%6.75%#55

What American Pacific Mortgage lends in Iowa

By loan purpose

Home purchase 395 92% · 11.9% denied
Refinance 18 4% · 27.8% denied
Cash-out refinance 15 4% · 20.0% denied

By loan type

Conventional 242 57% · 10.7% denied
FHA 155 36% · 16.8% denied
VA 18 4% · 11.1% denied
USDA / RHS 13 3% · 7.7% denied

Why it denied Iowa applicants

Debt-to-income ratio 20 36%
Insufficient cash 8 15%
Unverifiable information 8 15%
Incomplete application 7 13%
Credit history 6 11%
Other 2 4%
Employment history 2 4%
Collateral 2 4%

Where in Iowa

Counties with the most American Pacific Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 1519730 19.9%
Story County 60570 0.0%
Marshall County 55457 12.7%
Dallas County 29187 24.1%
Clarke County 16140 0.0%
Black Hawk County 14131 7.1%
Boone County 1382 15.4%
Henry County 12101 8.3%
Jasper County 952 22.2%
Warren County 850 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: 428 applications in 2025, of which 317 were originated and 55 denied.

12.9% of all applications, or 14.8% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans American Pacific Mortgage originated in Iowa in 2025 was 6.75%, against a statewide median of 6.50%.

About this data. Figures are American Pacific Mortgage'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