Anchor Loans in Iowa vs the state
60.0%Denial rate+47.14 pts vs state
60.0%Decision denial rate+44.69 pts vs state
40.0%Origination rate-28.46 pts vs state
10.56%Median rate+4.06 pts vs state
—Rate spread (pts)
—Median applicant income
2Loans originated
3Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 21 | 17 | 19.1% | 10.00% | #277 |
| 2024 | 11 | 5 | 54.6% | 10.75% | #323 |
| 2025 | 5 | 2 | 60.0% | 10.56% | #419 |
What Anchor Loans lends in Iowa
By loan purpose
By loan type
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: 5 applications in 2025, of which 2 were originated and 3 denied.
60.0% of all applications, or 60.0% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Anchor Loans originated in Iowa in 2025 was 10.56%, against a statewide median of 6.50%.
About this data. Figures are Anchor Loans'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