Bankorion · Iowa · 2025

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

Bankorion took 93 mortgage applications in Iowa in 2025, ranking #155 of 739 lenders active in the state. It originated 88.2% of them and denied 5.4% (5.5% of the applications it decided), against a statewide denial rate of 12.9%.

93Applicationsin IA
5.5%Decision denial ratestate 15.3%
Median ratestate 6.50%
$125,000Median loanstate $135,000
$23MVolume6 counties

Bankorion in Iowa vs the state

5.4%Denial rate-7.48 pts vs state
5.5%Decision denial rate-9.82 pts vs state
88.2%Origination rate+19.71 pts vs state
Median rate
Rate spread (pts)
$113kMedian applicant income
82Loans originated
5Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202381694.9%#163
202465591.5%#186
202593825.4%#155

What Bankorion lends in Iowa

By loan purpose

Home purchase 56 60% · 3.6% denied
Refinance 18 19% · 0.0% denied
Cash-out refinance 2 2% · 0.0% denied
Home improvement 12 13% · 8.3% denied
Other / HELOC 5 5% · 40.0% denied

By loan type

Conventional 93 100% · 5.4% denied

Where in Iowa

Counties with the most Bankorion applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Scott County 86765 5.8%
Clinton County 220 0.0%
Cedar County 220 0.0%
Henry County 110 0.0%
Johnson County 110 0.0%
Louisa County 100 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: 93 applications in 2025, of which 82 were originated and 5 denied.

5.4% of all applications, or 5.5% 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 Bankorion'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