Bank Iowa in Iowa vs the state
9.7%Denial rate-3.17 pts vs state
10.7%Decision denial rate-4.66 pts vs state
79.1%Origination rate+10.66 pts vs state
7.05%Median rate+0.55 pts vs state
0.53Rate spread (pts)+0.34 pts vs state
$94kMedian applicant income
735Loans originated
90Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 974 | 778 | 7.7% | 6.75% | #20 |
| 2024 | 838 | 669 | 10.5% | 7.45% | #22 |
| 2025 | 929 | 735 | 9.7% | 7.05% | #24 |
What Bank Iowa lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Bank Iowa applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 140 | 117 | 13 | 9.3% |
| Page County | 116 | 92 | 12 | 10.3% |
| Mahaska County | 91 | 70 | 7 | 7.7% |
| Jasper County | 74 | 62 | 3 | 4.1% |
| Montgomery County | 69 | 42 | 17 | 24.6% |
| Crawford County | 63 | 50 | 7 | 11.1% |
| Humboldt County | 42 | 37 | 3 | 7.1% |
| Dallas County | 40 | 31 | 5 | 12.5% |
| Chickasaw County | 36 | 32 | 1 | 2.8% |
| Marion County | 31 | 22 | 1 | 3.2% |
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: 929 applications in 2025, of which 735 were originated and 90 denied.
9.7% of all applications, or 10.7% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Bank Iowa originated in Iowa in 2025 was 7.05%, against a statewide median of 6.50%.
About this data. Figures are Bank Iowa'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