Bank in Iowa vs the state
12.7%Denial rate-0.17 pts vs state
17.0%Decision denial rate+1.70 pts vs state
61.9%Origination rate-6.53 pts vs state
6.50%Median rate0.00 pts vs state
-0.02Rate spread (pts)-0.21 pts vs state
$88kMedian applicant income
122Loans originated
25Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 127 | 82 | 15.0% | 6.44% | #121 |
| 2024 | 218 | 144 | 15.1% | 6.50% | #89 |
| 2025 | 197 | 122 | 12.7% | 6.50% | #102 |
What Bank lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 55 | 34 | 5 | 9.1% |
| Dallas County | 21 | 17 | 2 | 9.5% |
| Warren County | 3 | 2 | 0 | 0.0% |
| Jasper County | 3 | 2 | 0 | 0.0% |
| Guthrie County | 1 | 1 | 0 | 0.0% |
| Madison County | 1 | 0 | 1 | 100.0% |
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: 197 applications in 2025, of which 122 were originated and 25 denied.
12.7% of all applications, or 17.0% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Bank originated in Iowa in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are 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