Armed Forces Bank in Iowa vs the state
11.1%Denial rate-1.75 pts vs state
16.7%Decision denial rate+1.36 pts vs state
44.4%Origination rate-24.02 pts vs state
6.25%Median rate-0.25 pts vs state
-0.26Rate spread (pts)-0.45 pts vs state
$144kMedian applicant income
4Loans originated
1Denied
What Armed Forces Bank lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Armed Forces Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Scott County | 3 | 2 | 0 | 0.0% |
| Dallas County | 2 | 1 | 0 | 0.0% |
| Woodbury County | 1 | 0 | 0 | 0.0% |
| Taylor County | 1 | 0 | 0 | 0.0% |
| Black Hawk County | 1 | 0 | 1 | 100.0% |
| Mahaska County | 1 | 1 | 0 | 0.0% |
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: 9 applications in 2025, of which 4 were originated and 1 denied.
11.1% of all applications, or 16.7% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Armed Forces Bank originated in Iowa in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are Armed Forces Bank'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