Ark-La-Tex Financial Services, LLC. · Iowa · 2025

Ark-La-Tex Financial Services, LLC. in Iowa: approval rate, denial rate and rates (2025)

Ark-La-Tex Financial Services, LLC. took 313 mortgage applications in Iowa in 2025, ranking #71 of 739 lenders active in the state. It originated 78.0% of them and denied 1.9% (2.4% of the applications it decided), against a statewide denial rate of 12.9%.

313Applicationsin IA
2.4%Decision denial ratestate 15.3%
6.75%Median ratestate 6.50%
$185,000Median loanstate $135,000
$44MVolume21 counties

Ark-La-Tex Financial Services, LLC. in Iowa vs the state

1.9%Denial rate-10.94 pts vs state
2.4%Decision denial rate-12.91 pts vs state
78.0%Origination rate+9.50 pts vs state
6.75%Median rate+0.25 pts vs state
0.32Rate spread (pts)+0.13 pts vs state
$82kMedian applicant income
244Loans originated
6Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232231703.1%7.13%#84
20242772192.5%6.75%#73
20253132441.9%6.75%#71

What Ark-La-Tex Financial Services, LLC. lends in Iowa

By loan purpose

Home purchase 285 91% · 1.8% denied
Refinance 13 4% · 0.0% denied
Cash-out refinance 15 5% · 6.7% denied

By loan type

Conventional 211 67% · 1.0% denied
FHA 74 24% · 5.4% denied
VA 27 9% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Iowa applicants

Debt-to-income ratio 4 67%
Credit history 2 33%

Where in Iowa

Counties with the most Ark-La-Tex Financial Services, LLC. applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pottawattamie County 1921525 2.6%
Mills County 50401 2.0%
Harrison County 15120 0.0%
Fremont County 1290 0.0%
Cass County 1030 0.0%
Montgomery County 860 0.0%
Page County 630 0.0%
Shelby County 440 0.0%
Warren County 220 0.0%
Marion County 220 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: 313 applications in 2025, of which 244 were originated and 6 denied.

1.9% of all applications, or 2.4% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Ark-La-Tex Financial Services, LLC. originated in Iowa in 2025 was 6.75%, against a statewide median of 6.50%.

About this data. Figures are Ark-La-Tex Financial Services, LLC.'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