Central Bank in Iowa vs the state
4.5%Denial rate-8.40 pts vs state
5.2%Decision denial rate-10.16 pts vs state
81.7%Origination rate+13.25 pts vs state
6.63%Median rate+0.13 pts vs state
0.14Rate spread (pts)-0.05 pts vs state
$89kMedian applicant income
916Loans originated
50Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 913 | 737 | 6.4% | 6.75% | #21 |
| 2024 | 964 | 786 | 5.3% | 6.63% | #19 |
| 2025 | 1,121 | 916 | 4.5% | 6.63% | #18 |
What Central Bank lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Central Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Woodbury County | 274 | 214 | 14 | 5.1% |
| Polk County | 246 | 194 | 8 | 3.3% |
| Buena Vista County | 146 | 127 | 12 | 8.2% |
| Dickinson County | 95 | 83 | 3 | 3.2% |
| Cherokee County | 82 | 65 | 7 | 8.5% |
| Dallas County | 79 | 70 | 0 | 0.0% |
| Warren County | 33 | 29 | 1 | 3.0% |
| Plymouth County | 26 | 21 | 1 | 3.8% |
| Clay County | 11 | 10 | 1 | 9.1% |
| Sac County | 11 | 10 | 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: 1,121 applications in 2025, of which 916 were originated and 50 denied.
4.5% of all applications, or 5.2% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Central Bank originated in Iowa in 2025 was 6.63%, against a statewide median of 6.50%.
About this data. Figures are Central 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