CMG Mortgage · Iowa · 2025

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

CMG Mortgage took 683 mortgage applications in Iowa in 2025, ranking #35 of 739 lenders active in the state. It originated 71.6% of them and denied 4.4% (5.4% of the applications it decided), against a statewide denial rate of 12.9%.

683Applicationsin IA
5.4%Decision denial ratestate 15.3%
6.63%Median ratestate 6.50%
$175,000Median loanstate $135,000
$88MVolume54 counties

CMG Mortgage in Iowa vs the state

4.4%Denial rate-8.47 pts vs state
5.4%Decision denial rate-9.90 pts vs state
71.6%Origination rate+3.14 pts vs state
6.63%Median rate+0.13 pts vs state
0.41Rate spread (pts)+0.22 pts vs state
$74kMedian applicant income
489Loans originated
30Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233492524.9%6.75%#54
20244073054.2%6.88%#55
20256834894.4%6.63%#35

What CMG Mortgage lends in Iowa

By loan purpose

Home purchase 532 78% · 3.8% denied
Refinance 81 12% · 7.4% denied
Cash-out refinance 58 8% · 6.9% denied
Other / HELOC 12 2% · 0.0% denied

By loan type

Conventional 306 45% · 3.9% denied
FHA 192 28% · 6.3% denied
VA 57 8% · 3.5% denied
USDA / RHS 128 19% · 3.1% denied

Why it denied Iowa applicants

Debt-to-income ratio 9 30%
Credit history 9 30%
Other 4 13%
Collateral 4 13%
Unverifiable information 3 10%
Insufficient cash 1 3%

Where in Iowa

Counties with the most CMG Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pottawattamie County 1331074 3.0%
Polk County 128835 3.9%
Cass County 55452 3.6%
Linn County 50315 10.0%
Warren County 31192 6.5%
Dallas County 31193 9.7%
Clinton County 31270 0.0%
Woodbury County 24180 0.0%
Scott County 16141 6.3%
Jasper County 15141 6.7%

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: 683 applications in 2025, of which 489 were originated and 30 denied.

4.4% of all applications, or 5.4% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans CMG Mortgage originated in Iowa in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are CMG Mortgage'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