BankIowa of Cedar Rapids in Iowa vs the state
6.8%Denial rate-6.02 pts vs state
6.9%Decision denial rate-8.38 pts vs state
87.6%Origination rate+19.15 pts vs state
—Median rate
—Rate spread (pts)
$87kMedian applicant income
205Loans originated
16Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 235 | 198 | 4.3% | 7.00% | #78 |
| 2024 | 226 | 207 | 5.8% | — | #85 |
| 2025 | 234 | 205 | 6.8% | — | #90 |
What BankIowa of Cedar Rapids lends in Iowa
By loan purpose
By loan type
Where in Iowa
Counties with the most BankIowa of Cedar Rapids applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Black Hawk County | 105 | 98 | 4 | 3.8% |
| Buchanan County | 66 | 53 | 7 | 10.6% |
| Linn County | 25 | 21 | 2 | 8.0% |
| Benton County | 11 | 9 | 1 | 9.1% |
| Bremer County | 9 | 8 | 1 | 11.1% |
| Fayette County | 5 | 3 | 1 | 20.0% |
| Johnson County | 4 | 4 | 0 | 0.0% |
| Grundy County | 2 | 2 | 0 | 0.0% |
| Story County | 2 | 2 | 0 | 0.0% |
| Clayton County | 1 | 1 | 0 | 0.0% |
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: 234 applications in 2025, of which 205 were originated and 16 denied.
6.8% of all applications, or 6.9% 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 BankIowa of Cedar Rapids'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