Cedar Rapids Bank and Trust · Iowa · 2025

Cedar Rapids Bank and Trust in Iowa: approval rate, denial rate and rates (2025)

Cedar Rapids Bank and Trust took 161 mortgage applications in Iowa in 2025, ranking #119 of 739 lenders active in the state. It originated 72.7% of them and denied 7.5% (9.2% of the applications it decided), against a statewide denial rate of 12.9%.

161Applicationsin IA
9.2%Decision denial ratestate 15.3%
Median ratestate 6.50%
$155,000Median loanstate $135,000
$66MVolume12 counties

Cedar Rapids Bank and Trust in Iowa vs the state

7.5%Denial rate-5.41 pts vs state
9.2%Decision denial rate-6.08 pts vs state
72.7%Origination rate+4.21 pts vs state
Median rate
Rate spread (pts)
$78kMedian applicant income
117Loans originated
12Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202323516512.8%#79
202421015412.4%#93
20251611177.5%#119

What Cedar Rapids Bank and Trust lends in Iowa

By loan purpose

Home purchase 102 63% · 6.9% denied
Refinance 40 25% · 7.5% denied
Cash-out refinance 5 3% · 0.0% denied
Home improvement 1 1% · 0.0% denied
Other / HELOC 13 8% · 15.4% denied

By loan type

Conventional 161 100% · 7.5% denied

Where in Iowa

Counties with the most Cedar Rapids Bank and Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Linn County 117878 6.8%
Black Hawk County 1281 8.3%
Benton County 861 12.5%
Johnson County 870 0.0%
Polk County 320 0.0%
Delaware County 320 0.0%
Jones County 211 50.0%
Cedar County 210 0.0%
Dubuque County 210 0.0%
Muscatine County 201 50.0%

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: 161 applications in 2025, of which 117 were originated and 12 denied.

7.5% of all applications, or 9.2% 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 Cedar Rapids Bank and Trust'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