Better Mortgage in Iowa vs the state
26.9%Denial rate+14.05 pts vs state
40.0%Decision denial rate+24.69 pts vs state
39.0%Origination rate-29.45 pts vs state
6.75%Median rate+0.25 pts vs state
0.72Rate spread (pts)+0.53 pts vs state
$88kMedian applicant income
87Loans originated
60Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 37 | 20 | 5.4% | 6.19% | #233 |
| 2024 | 39 | 8 | 18.0% | 7.00% | #230 |
| 2025 | 223 | 87 | 26.9% | 6.75% | #91 |
What Better Mortgage lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Better Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pottawattamie County | 62 | 45 | 9 | 14.5% |
| Polk County | 24 | 4 | 10 | 41.7% |
| Linn County | 14 | 3 | 7 | 50.0% |
| Cerro Gordo County | 11 | 2 | 4 | 36.4% |
| Dallas County | 10 | 4 | 3 | 30.0% |
| Woodbury County | 7 | 3 | 1 | 14.3% |
| Harrison County | 7 | 5 | 0 | 0.0% |
| Scott County | 7 | 2 | 3 | 42.9% |
| Mills County | 6 | 4 | 0 | 0.0% |
| Madison County | 5 | 1 | 4 | 80.0% |
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: 223 applications in 2025, of which 87 were originated and 60 denied.
26.9% of all applications, or 40.0% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Better Mortgage originated in Iowa in 2025 was 6.75%, against a statewide median of 6.50%.
About this data. Figures are Better Mortgage'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