Commerce Bank in Iowa vs the state
12.5%Denial rate-0.36 pts vs state
16.7%Decision denial rate+1.36 pts vs state
62.5%Origination rate-5.96 pts vs state
6.13%Median rate-0.38 pts vs state
-0.10Rate spread (pts)-0.29 pts vs state
$112kMedian applicant income
5Loans originated
1Denied
What Commerce Bank lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Commerce Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Dallas County | 2 | 2 | 0 | 0.0% |
| Scott County | 2 | 1 | 1 | 50.0% |
| Chickasaw County | 2 | 0 | 0 | 0.0% |
| Clayton County | 1 | 1 | 0 | 0.0% |
| Story County | 1 | 1 | 0 | 0.0% |
Other large lenders in Iowa
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| GREENSTATE Credit Union | B | 13,829 | 5.9% | 6.50% |
| Veridian Credit Union | B | 8,725 | 8.9% | 6.49% |
| Rocket Mortgage | C | 3,761 | 22.7% | 6.63% |
| Hills Bank and Trust | A | 3,434 | 6.1% | 6.25% |
| U.S. Bank | D | 2,720 | 25.7% | 7.00% |
| Dupaco Community | A | 2,669 | 16.1% | 7.00% |
| Community Choice Credit Union | B | 2,653 | 11.8% | 6.13% |
| Iowa Bankers Mortgage | B | 2,423 | 15.4% | 6.50% |
| Broker Solutions | D | 2,386 | 6.4% | 6.75% |
| Northwest Bank | A | 2,181 | 5.7% | 6.38% |
Frequently asked questions
Iowa: 8 applications in 2025, of which 5 were originated and 1 denied.
12.5% of all applications, or 16.7% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Commerce Bank originated in Iowa in 2025 was 6.13%, against a statewide median of 6.50%.
About this data. Figures are Commerce 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