BankIowa of Cedar Rapids at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 220 investment-property lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
38th6.9% deniedProcesswithdrawn + incomplete share, weight 15%
77th1.3%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 238 | 201 | 4.2% | 4.4% | 7.00% | $28M |
| 2024 | 228 | 209 | 5.7% | 5.7% | — | $24M |
| 2025 | 236 | 207 | 6.8% | 6.9% | — | $49M |
What BankIowa of Cedar Rapids lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 3 manufactured homes, 135 investment properties.
Who gets approved at BankIowa of Cedar Rapids
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 26 | 14 | 16.7% |
| $50k – $100k | 40 | 29 | 25.0% |
| $100k – $150k | 24 | 21 | 4.2% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 21 | 19 | 9.5% |
| 45–54 | 27 | 19 | 20.0% |
Where BankIowa of Cedar Rapids lends
3 states and 16 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Iowa | 234 | 205 | 6.8% | — | #90 |
Frequently asked questions
BankIowa of Cedar Rapids denied 6.9% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 38th percentile of investment-property lenders.
In 2025, 53% of its applications were for home purchases, 19% for refinancing (including cash-out), and 28% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.