Connexus Credit Union · Iowa · 2025

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

Connexus Credit Union took 10 mortgage applications in Iowa in 2025, ranking #350 of 739 lenders active in the state. It originated 20.0% of them and denied 50.0% (55.6% of the applications it decided), against a statewide denial rate of 12.9%.

10Applicationsin IA
55.6%Decision denial ratestate 15.3%
7.12%Median ratestate 6.50%
$55,000Median loanstate $135,000
$570kVolume9 counties

Connexus Credit Union in Iowa vs the state

50.0%Denial rate+37.14 pts vs state
55.6%Decision denial rate+40.25 pts vs state
20.0%Origination rate-48.46 pts vs state
7.12%Median rate+0.62 pts vs state
1.17Rate spread (pts)+0.98 pts vs state
$74kMedian applicant income
2Loans originated
5Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202313269.2%6.62%#321
20246250.0%7.32%#389
202510250.0%7.12%#350

What Connexus Credit Union lends in Iowa

By loan purpose

Home purchase 1 10% · 0.0% denied
Cash-out refinance 2 20% · 0.0% denied
Home improvement 2 20% · 50.0% denied
Other / HELOC 5 50% · 80.0% denied

By loan type

Conventional 10 100% · 50.0% denied

Why it denied Iowa applicants

Credit history 4 80%
Other 1 20%

Where in Iowa

Counties with the most Connexus Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Dubuque County 210 0.0%
Ida County 100 0.0%
Polk County 101 100.0%
Scott County 101 100.0%
Delaware County 110 0.0%
Bremer County 100 0.0%
Dallas County 101 100.0%
Emmet County 101 100.0%
Clinton County 101 100.0%

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%
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: 10 applications in 2025, of which 2 were originated and 5 denied.

50.0% of all applications, or 55.6% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Connexus Credit Union originated in Iowa in 2025 was 7.12%, against a statewide median of 6.50%.

About this data. Figures are Connexus 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