Community Choice Credit Union · Iowa · 2025

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

Community Choice Credit Union took 2,653 mortgage applications in Iowa in 2025, ranking #7 of 739 lenders active in the state. It originated 66.3% of them and denied 11.8% (15.1% of the applications it decided), against a statewide denial rate of 12.9%.

2.7kApplicationsin IA
15.1%Decision denial ratestate 15.3%
6.13%Median ratestate 6.50%
$115,000Median loanstate $135,000
$345MVolume63 counties

Community Choice Credit Union in Iowa vs the state

11.8%Denial rate-1.10 pts vs state
15.1%Decision denial rate-0.25 pts vs state
66.3%Origination rate-2.12 pts vs state
6.13%Median rate-0.38 pts vs state
-0.20Rate spread (pts)-0.39 pts vs state
$112kMedian applicant income
1,760Loans originated
312Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,48497618.6%5.99%#11
20241,5601,12616.0%6.00%#10
20252,6531,76011.8%6.13%#7

What Community Choice Credit Union lends in Iowa

By loan purpose

Home purchase 895 34% · 1.8% denied
Refinance 290 11% · 5.2% denied
Cash-out refinance 68 3% · 10.3% denied
Home improvement 375 14% · 14.9% denied
Other / HELOC 1,025 39% · 21.3% denied

By loan type

Conventional 2,542 96% · 12.1% denied
FHA 69 3% · 5.8% denied
VA 34 1% · 0.0% denied
USDA / RHS 8 0% · 12.5% denied

Why it denied Iowa applicants

Debt-to-income ratio 130 42%
Credit history 105 34%
Other 45 14%
Collateral 20 6%
Employment history 9 3%
Unverifiable information 3 1%

Where in Iowa

Counties with the most Community Choice Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 1,5451,020189 12.2%
Dallas County 31822026 8.2%
Warren County 21015912 5.7%
Story County 1157421 18.3%
Jasper County 895811 12.4%
Boone County 58393 5.2%
Madison County 49315 10.2%
Guthrie County 34233 8.8%
Marion County 33222 6.1%
Marshall County 25157 28.0%

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%
Iowa Bankers MortgageB 2,42315.4%6.50%
Broker SolutionsD 2,3866.4%6.75%
Northwest BankA 2,1815.7%6.38%
United Shore Financial ServicesB 1,95011.5%6.13%

Frequently asked questions

Iowa: 2,653 applications in 2025, of which 1,760 were originated and 312 denied.

11.8% of all applications, or 15.1% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Community Choice Credit Union originated in Iowa in 2025 was 6.13%, against a statewide median of 6.50%.

About this data. Figures are Community Choice 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