Bankers' Bank · Iowa · 2025

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

Bankers' Bank took 151 mortgage applications in Iowa in 2025, ranking #122 of 739 lenders active in the state. It originated 64.9% of them and denied 6.0% (8.3% of the applications it decided), against a statewide denial rate of 12.9%.

151Applicationsin IA
8.3%Decision denial ratestate 15.3%
6.38%Median ratestate 6.50%
$165,000Median loanstate $135,000
$21MVolume38 counties

Bankers' Bank in Iowa vs the state

6.0%Denial rate-6.90 pts vs state
8.3%Decision denial rate-7.05 pts vs state
64.9%Origination rate-3.56 pts vs state
6.38%Median rate-0.13 pts vs state
0.10Rate spread (pts)-0.09 pts vs state
$85kMedian applicant income
98Loans originated
9Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202369477.3%6.75%#180
2024623414.5%6.50%#190
2025151986.0%6.38%#122

What Bankers' Bank lends in Iowa

By loan purpose

Home purchase 128 85% · 5.5% denied
Refinance 17 11% · 0.0% denied
Cash-out refinance 5 3% · 40.0% denied
Home improvement 1 1% · 0.0% denied

By loan type

Conventional 138 91% · 2.9% denied
VA 1 1% · 0.0% denied
USDA / RHS 12 8% · 41.7% denied

Why it denied Iowa applicants

Credit history 4 44%
Collateral 3 33%
Debt-to-income ratio 2 22%

Where in Iowa

Counties with the most Bankers' Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Harrison County 18160 0.0%
Pottawattamie County 17101 5.9%
Dallas County 13110 0.0%
Butler County 950 0.0%
Polk County 941 11.1%
Carroll County 871 12.5%
Black Hawk County 730 0.0%
Pocahontas County 641 16.7%
Tama County 540 0.0%
Buena Vista County 520 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: 151 applications in 2025, of which 98 were originated and 9 denied.

6.0% of all applications, or 8.3% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Bankers' Bank originated in Iowa in 2025 was 6.38%, against a statewide median of 6.50%.

About this data. Figures are Bankers' 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