Deephaven Mortgage · Iowa · 2025

Deephaven Mortgage in Iowa: approval rate, denial rate and rates (2025)

Deephaven Mortgage took 24 mortgage applications in Iowa in 2025, ranking #282 of 739 lenders active in the state. It originated 41.7% of them and denied 50.0% (54.6% of the applications it decided), against a statewide denial rate of 12.9%.

24Applicationsin IA
54.6%Decision denial ratestate 15.3%
7.75%Median ratestate 6.50%
$165,000Median loanstate $135,000
$2.7MVolume10 counties

Deephaven Mortgage in Iowa vs the state

50.0%Denial rate+37.14 pts vs state
54.6%Decision denial rate+39.24 pts vs state
41.7%Origination rate-26.79 pts vs state
7.75%Median rate+1.25 pts vs state
1.74Rate spread (pts)+1.55 pts vs state
$239kMedian applicant income
10Loans originated
12Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023540.0%9.50%#401
202417941.2%7.99%#298
2025241050.0%7.75%#282

What Deephaven Mortgage lends in Iowa

By loan purpose

Home purchase 12 50% · 33.3% denied
Cash-out refinance 6 25% · 66.7% denied
Home improvement 4 17% · 75.0% denied
Other / HELOC 2 8% · 50.0% denied

By loan type

Conventional 24 100% · 50.0% denied

Why it denied Iowa applicants

Unverifiable information 5 42%
Collateral 3 25%
Incomplete application 2 17%
Other 2 17%

Where in Iowa

Counties with the most Deephaven Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 1155 45.5%
Scott County 321 33.3%
Linn County 202 100.0%
Boone County 220 0.0%
Clinton County 110 0.0%
Harrison County 101 100.0%
Dubuque County 101 100.0%
Sac County 101 100.0%
Marshall County 101 100.0%
Pottawattamie County 100 0.0%

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: 24 applications in 2025, of which 10 were originated and 12 denied.

50.0% of all applications, or 54.6% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Deephaven Mortgage originated in Iowa in 2025 was 7.75%, against a statewide median of 6.50%.

About this data. Figures are Deephaven 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