Community 1st Credit Union · Iowa · 2025

Community 1st Credit Union in Iowa: approval rate, denial rate and rates (2025)

Community 1st Credit Union took 1,389 mortgage applications in Iowa in 2025, ranking #14 of 739 lenders active in the state. It originated 68.1% of them and denied 12.5% (15.4% of the applications it decided), against a statewide denial rate of 12.9%.

1.4kApplicationsin IA
15.4%Decision denial ratestate 15.3%
1.00%Median ratestate 6.50%
$65,000Median loanstate $135,000
$83MVolume54 counties

Community 1st Credit Union in Iowa vs the state

12.5%Denial rate-0.33 pts vs state
15.4%Decision denial rate+0.12 pts vs state
68.1%Origination rate-0.35 pts vs state
1.00%Median rate-5.50 pts vs state
0.54Rate spread (pts)+0.35 pts vs state
$78kMedian applicant income
946Loans originated
174Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,5081,1369.0%5.63%#10
20241,4631,0848.5%1.00%#12
20251,38994612.5%1.00%#14

What Community 1st Credit Union lends in Iowa

By loan purpose

Home purchase 335 24% · 2.1% denied
Refinance 1,041 75% · 16.0% denied
Cash-out refinance 9 1% · 11.1% denied
Home improvement 4 0% · 0.0% denied

By loan type

Conventional 1,388 100% · 12.5% denied
VA 1 0% · 0.0% denied

Why it denied Iowa applicants

Credit history 102 59%
Debt-to-income ratio 51 29%
Collateral 10 6%
Employment history 8 5%
Other 2 1%
Incomplete application 1 1%

Where in Iowa

Counties with the most Community 1st Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wapello County 27419129 10.6%
Mahaska County 987413 13.3%
Marion County 906413 14.4%
Appanoose County 85544 4.7%
Jefferson County 794913 16.5%
Lucas County 71516 8.5%
Warren County 654012 18.5%
Monroe County 62462 3.2%
Henry County 48329 18.8%
Linn County 44284 9.1%

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: 1,389 applications in 2025, of which 946 were originated and 174 denied.

12.5% of all applications, or 15.4% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Community 1st Credit Union originated in Iowa in 2025 was 1.00%, against a statewide median of 6.50%.

About this data. Figures are Community 1st Credit Union'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