Compass Mortgage in Iowa vs the state
4.8%Denial rate-8.08 pts vs state
5.2%Decision denial rate-10.07 pts vs state
86.4%Origination rate+17.94 pts vs state
6.63%Median rate+0.13 pts vs state
0.37Rate spread (pts)+0.18 pts vs state
$83kMedian applicant income
235Loans originated
13Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 91 | 71 | 7.7% | 6.63% | #154 |
| 2024 | 97 | 68 | 10.3% | 6.63% | #148 |
| 2025 | 272 | 235 | 4.8% | 6.63% | #81 |
What Compass Mortgage lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Compass Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 100 | 93 | 2 | 2.0% |
| Jasper County | 62 | 53 | 3 | 4.8% |
| Dallas County | 33 | 28 | 1 | 3.0% |
| Scott County | 18 | 16 | 1 | 5.6% |
| Warren County | 9 | 9 | 0 | 0.0% |
| Poweshiek County | 8 | 2 | 3 | 37.5% |
| Marshall County | 6 | 4 | 1 | 16.7% |
| Marion County | 4 | 4 | 0 | 0.0% |
| Linn County | 4 | 4 | 0 | 0.0% |
| Story County | 3 | 3 | 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: 272 applications in 2025, of which 235 were originated and 13 denied.
4.8% of all applications, or 5.2% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Compass Mortgage originated in Iowa in 2025 was 6.63%, against a statewide median of 6.50%.
About this data. Figures are Compass 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