Bank Midwest · Iowa · 2025

Bank Midwest in Iowa: approval rate, denial rate and rates (2025)

Bank Midwest took 35 mortgage applications in Iowa in 2025, ranking #259 of 739 lenders active in the state. It originated 65.7% of them and denied 11.4% (14.8% of the applications it decided), against a statewide denial rate of 12.9%.

35Applicationsin IA
14.8%Decision denial ratestate 15.3%
Median ratestate 6.50%
$175,000Median loanstate $135,000
$23MVolume9 counties

Bank Midwest in Iowa vs the state

11.4%Denial rate-1.43 pts vs state
14.8%Decision denial rate-0.50 pts vs state
65.7%Origination rate-2.75 pts vs state
Median rate
Rate spread (pts)
$79kMedian applicant income
23Loans originated
4Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023312512.9%#253
202435248.6%#243
2025352311.4%#259

What Bank Midwest lends in Iowa

By loan purpose

Home purchase 24 69% · 8.3% denied
Refinance 5 14% · 20.0% denied
Cash-out refinance 3 9% · 33.3% denied
Home improvement 1 3% · 0.0% denied
Other / HELOC 2 6% · 0.0% denied

By loan type

Conventional 32 91% · 9.4% denied
USDA / RHS 3 9% · 33.3% denied

Where in Iowa

Counties with the most Bank Midwest applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Dickinson County 22142 9.1%
Emmet County 411 25.0%
Kossuth County 211 50.0%
Palo Alto County 220 0.0%
Osceola County 110 0.0%
Clay County 110 0.0%
Dallas County 110 0.0%
Carroll County 110 0.0%
Jasper County 110 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: 35 applications in 2025, of which 23 were originated and 4 denied.

11.4% of all applications, or 14.8% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Bank Midwest'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