Consumer Real Estate Finance · Iowa · 2025

Consumer Real Estate Finance in Iowa: approval rate, denial rate and rates (2025)

Consumer Real Estate Finance took 55 mortgage applications in Iowa in 2025, ranking #211 of 739 lenders active in the state. It originated 56.4% of them and denied 34.6% (38.0% of the applications it decided), against a statewide denial rate of 12.9%.

55Applicationsin IA
38.0%Decision denial ratestate 15.3%
6.99%Median ratestate 6.50%
$125,000Median loanstate $135,000
$4.0MVolume39 counties

Consumer Real Estate Finance in Iowa vs the state

34.6%Denial rate+21.69 pts vs state
38.0%Decision denial rate+22.69 pts vs state
56.4%Origination rate-12.10 pts vs state
6.99%Median rate+0.49 pts vs state
1.06Rate spread (pts)+0.87 pts vs state
$52kMedian applicant income
31Loans originated
19Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202416931.3%6.99%#299
2025553134.6%6.99%#211

What Consumer Real Estate Finance lends in Iowa

By loan purpose

Home purchase 38 69% · 36.8% denied
Other / HELOC 17 31% · 29.4% denied

By loan type

Conventional 3 5% · 0.0% denied
FHA 22 40% · 22.7% denied
VA 1 2% · 0.0% denied
USDA / RHS 29 53% · 48.3% denied

Why it denied Iowa applicants

Incomplete application 5 26%
Other 5 26%
Debt-to-income ratio 5 26%
Credit history 1 5%
Collateral 1 5%
Mortgage insurance denied 1 5%
Employment history 1 5%

Where in Iowa

Counties with the most Consumer Real Estate Finance applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cerro Gordo County 431 25.0%
Hardin County 422 50.0%
Keokuk County 211 50.0%
Clay County 210 0.0%
Jefferson County 211 50.0%
Sac County 201 50.0%
Floyd County 220 0.0%
Buena Vista County 211 50.0%
Clinton County 220 0.0%
Black Hawk County 211 50.0%

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: 55 applications in 2025, of which 31 were originated and 19 denied.

34.6% of all applications, or 38.0% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Consumer Real Estate Finance originated in Iowa in 2025 was 6.99%, against a statewide median of 6.50%.

About this data. Figures are Consumer Real Estate Finance'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