Champions Funding · Iowa · 2025

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

Champions Funding took 27 mortgage applications in Iowa in 2025, ranking #275 of 739 lenders active in the state. It originated 48.2% of them and denied 33.3% (40.9% of the applications it decided), against a statewide denial rate of 12.9%.

27Applicationsin IA
40.9%Decision denial ratestate 15.3%
7.75%Median ratestate 6.50%
$195,000Median loanstate $135,000
$2.4MVolume16 counties

Champions Funding in Iowa vs the state

33.3%Denial rate+20.47 pts vs state
40.9%Decision denial rate+25.60 pts vs state
48.2%Origination rate-20.31 pts vs state
7.75%Median rate+1.25 pts vs state
3.65Rate spread (pts)+3.46 pts vs state
$488kMedian applicant income
13Loans originated
9Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20249611.1%8.94%#335
2025271333.3%7.75%#275

What Champions Funding lends in Iowa

By loan purpose

Home purchase 10 37% · 20.0% denied
Refinance 1 4% · 0.0% denied
Cash-out refinance 16 59% · 43.8% denied

By loan type

Conventional 27 100% · 33.3% denied

Why it denied Iowa applicants

Incomplete application 6 67%
Collateral 1 11%
Insufficient cash 1 11%
Other 1 11%

Where in Iowa

Counties with the most Champions Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 330 0.0%
Dubuque County 321 33.3%
Pottawattamie County 330 0.0%
Scott County 302 66.7%
Dallas County 201 50.0%
Plymouth County 211 50.0%
Webster County 210 0.0%
Warren County 101 100.0%
Delaware County 100 0.0%
Des Moines 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: 27 applications in 2025, of which 13 were originated and 9 denied.

33.3% of all applications, or 40.9% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Champions Funding originated in Iowa in 2025 was 7.75%, against a statewide median of 6.50%.

About this data. Figures are Champions Funding'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