Btc Bank · Iowa · 2025

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

Btc Bank took 39 mortgage applications in Iowa in 2025, ranking #246 of 739 lenders active in the state. It originated 87.2% of them and denied 5.1% (5.6% of the applications it decided), against a statewide denial rate of 12.9%.

39Applicationsin IA
5.6%Decision denial ratestate 15.3%
Median ratestate 6.50%
$95,000Median loanstate $135,000
$4.3MVolume6 counties

Btc Bank in Iowa vs the state

5.1%Denial rate-7.73 pts vs state
5.6%Decision denial rate-9.75 pts vs state
87.2%Origination rate+18.72 pts vs state
Median rate
Rate spread (pts)
$98kMedian applicant income
34Loans originated
2Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023191031.6%#289
2024231521.7%#274
202539345.1%#246

What Btc Bank lends in Iowa

By loan purpose

Home purchase 26 67% · 7.7% denied
Refinance 9 23% · 0.0% denied
Home improvement 3 8% · 0.0% denied
Other / HELOC 1 3% · 0.0% denied

By loan type

Conventional 37 95% · 0.0% denied
USDA / RHS 2 5% · 100.0% denied

Where in Iowa

Counties with the most Btc Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Decatur County 27222 7.4%
Ringgold County 770 0.0%
Union County 220 0.0%
Taylor County 110 0.0%
Clarke County 110 0.0%
Adams County 110 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: 39 applications in 2025, of which 34 were originated and 2 denied.

5.1% of all applications, or 5.6% 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 Btc 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