Charter West Bank · Iowa · 2025

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

Charter West Bank took 296 mortgage applications in Iowa in 2025, ranking #76 of 739 lenders active in the state. It originated 67.6% of them and denied 6.4% (8.7% of the applications it decided), against a statewide denial rate of 12.9%.

296Applicationsin IA
8.7%Decision denial ratestate 15.3%
6.50%Median ratestate 6.50%
$205,000Median loanstate $135,000
$47MVolume24 counties

Charter West Bank in Iowa vs the state

6.4%Denial rate-6.44 pts vs state
8.7%Decision denial rate-6.63 pts vs state
67.6%Origination rate-0.89 pts vs state
6.50%Median rate0.00 pts vs state
0.37Rate spread (pts)+0.18 pts vs state
$80kMedian applicant income
200Loans originated
19Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231391039.4%7.00%#113
20241901277.9%6.63%#98
20252962006.4%6.50%#76

What Charter West Bank lends in Iowa

By loan purpose

Home purchase 268 91% · 5.6% denied
Refinance 13 4% · 15.4% denied
Cash-out refinance 13 4% · 15.4% denied
Home improvement 1 0% · 0.0% denied
Other / HELOC 1 0% · 0.0% denied

By loan type

Conventional 189 64% · 3.7% denied
FHA 87 29% · 12.6% denied
VA 17 6% · 0.0% denied
USDA / RHS 3 1% · 33.3% denied

Why it denied Iowa applicants

Credit history 10 53%
Collateral 3 16%
Debt-to-income ratio 3 16%
Unverifiable information 2 11%
Insufficient cash 1 5%

Where in Iowa

Counties with the most Charter West Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pottawattamie County 100655 5.0%
Polk County 57382 3.5%
Woodbury County 54412 3.7%
Dallas County 16111 6.3%
Warren County 1053 30.0%
Mills County 941 11.1%
Buena Vista County 770 0.0%
Harrison County 640 0.0%
Plymouth County 660 0.0%
Marion County 631 16.7%

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: 296 applications in 2025, of which 200 were originated and 19 denied.

6.4% of all applications, or 8.7% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

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

About this data. Figures are Charter West 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