Citibank · Iowa · 2025

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

Citibank took 39 mortgage applications in Iowa in 2025, ranking #244 of 739 lenders active in the state. It originated 18.0% of them and denied 15.4% (46.2% of the applications it decided), against a statewide denial rate of 12.9%.

39Applicationsin IA
46.2%Decision denial ratestate 15.3%
6.13%Median ratestate 6.50%
$85,000Median loanstate $135,000
$2.0MVolume23 counties

Citibank in Iowa vs the state

15.4%Denial rate+2.52 pts vs state
46.2%Decision denial rate+30.84 pts vs state
18.0%Origination rate-50.51 pts vs state
6.13%Median rate-0.38 pts vs state
0.05Rate spread (pts)-0.14 pts vs state
$103kMedian applicant income
7Loans originated
6Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202319310.5%6.25%#286
202425612.0%6.56%#268
202539715.4%6.13%#244

What Citibank lends in Iowa

By loan purpose

Home purchase 9 23% · 0.0% denied
Refinance 5 13% · 0.0% denied
Cash-out refinance 4 10% · 0.0% denied
Home improvement 12 31% · 33.3% denied
Other / HELOC 9 23% · 22.2% denied

By loan type

Conventional 38 97% · 15.8% denied
VA 1 3% · 0.0% denied

Why it denied Iowa applicants

Credit history 4 67%
Debt-to-income ratio 1 17%
Other 1 17%

Where in Iowa

Counties with the most Citibank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 822 25.0%
Linn County 410 0.0%
Scott County 301 33.3%
Johnson County 200 0.0%
Mills County 200 0.0%
Worth County 200 0.0%
Dubuque County 210 0.0%
Pottawattamie County 110 0.0%
Story County 110 0.0%
Jasper County 100 0.0%

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: 39 applications in 2025, of which 7 were originated and 6 denied.

15.4% of all applications, or 46.2% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Citibank originated in Iowa in 2025 was 6.13%, against a statewide median of 6.50%.

About this data. Figures are Citibank'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