Envoy Mortgage in Iowa vs the state
2.7%Denial rate-10.21 pts vs state
3.4%Decision denial rate-11.95 pts vs state
76.2%Origination rate+7.70 pts vs state
6.88%Median rate+0.38 pts vs state
0.53Rate spread (pts)+0.34 pts vs state
$84kMedian applicant income
115Loans originated
4Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 45 | 37 | 4.4% | 7.13% | #219 |
| 2024 | 67 | 52 | 3.0% | 6.75% | #183 |
| 2025 | 151 | 115 | 2.7% | 6.88% | #124 |
What Envoy Mortgage lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Envoy Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 80 | 58 | 2 | 2.5% |
| Warren County | 14 | 11 | 0 | 0.0% |
| Jasper County | 10 | 9 | 0 | 0.0% |
| Marion County | 9 | 7 | 1 | 11.1% |
| Boone County | 8 | 5 | 1 | 12.5% |
| Story County | 6 | 6 | 0 | 0.0% |
| Dallas County | 4 | 3 | 0 | 0.0% |
| Poweshiek County | 3 | 3 | 0 | 0.0% |
| Madison County | 3 | 2 | 0 | 0.0% |
| Lucas County | 2 | 2 | 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: 151 applications in 2025, of which 115 were originated and 4 denied.
2.7% of all applications, or 3.4% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Envoy Mortgage originated in Iowa in 2025 was 6.88%, against a statewide median of 6.50%.
About this data. Figures are Envoy 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