Centris · Iowa · 2025

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

Centris took 311 mortgage applications in Iowa in 2025, ranking #72 of 739 lenders active in the state. It originated 61.1% of them and denied 21.2% (24.6% of the applications it decided), against a statewide denial rate of 12.9%.

311Applicationsin IA
24.6%Decision denial ratestate 15.3%
6.50%Median ratestate 6.50%
$75,000Median loanstate $135,000
$23MVolume10 counties

Centris in Iowa vs the state

21.2%Denial rate+8.36 pts vs state
24.6%Decision denial rate+9.32 pts vs state
61.1%Origination rate-7.37 pts vs state
6.50%Median rate0.00 pts vs state
0.08Rate spread (pts)-0.11 pts vs state
$85kMedian applicant income
190Loans originated
66Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202325315019.4%7.00%#72
202427717120.2%7.50%#74
202531119021.2%6.50%#72

What Centris lends in Iowa

By loan purpose

Home purchase 48 15% · 8.3% denied
Refinance 60 19% · 21.7% denied
Cash-out refinance 16 5% · 6.3% denied
Home improvement 77 25% · 24.7% denied
Other / HELOC 110 35% · 26.4% denied

By loan type

Conventional 311 100% · 21.2% denied

Why it denied Iowa applicants

Debt-to-income ratio 35 53%
Credit history 27 41%
Collateral 3 5%
Unverifiable information 1 2%

Where in Iowa

Counties with the most Centris applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pottawattamie County 25416053 20.9%
Harrison County 21134 19.0%
Shelby County 1062 20.0%
Fremont County 933 33.3%
Mills County 842 25.0%
Montgomery County 530 0.0%
Monona County 101 100.0%
Crawford County 110 0.0%
Cass County 100 0.0%
Page County 101 100.0%

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: 311 applications in 2025, of which 190 were originated and 66 denied.

21.2% of all applications, or 24.6% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Centris originated in Iowa in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are Centris'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