Equity Prime Mortgage · Iowa · 2025

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

Equity Prime Mortgage took 111 mortgage applications in Iowa in 2025, ranking #142 of 739 lenders active in the state. It originated 31.5% of them and denied 12.6% (28.6% of the applications it decided), against a statewide denial rate of 12.9%.

111Applicationsin IA
28.6%Decision denial ratestate 15.3%
7.00%Median ratestate 6.50%
$195,000Median loanstate $135,000
$7.8MVolume41 counties

Equity Prime Mortgage in Iowa vs the state

12.6%Denial rate-0.25 pts vs state
28.6%Decision denial rate+13.26 pts vs state
31.5%Origination rate-36.93 pts vs state
7.00%Median rate+0.50 pts vs state
0.00Rate spread (pts)-0.19 pts vs state
$77kMedian applicant income
35Loans originated
14Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231676.3%6.88%#302
202452270.0%6.63%#208
20251113512.6%7.00%#142

What Equity Prime Mortgage lends in Iowa

By loan purpose

Home purchase 16 14% · 6.3% denied
Refinance 10 9% · 0.0% denied
Cash-out refinance 85 77% · 15.3% denied

By loan type

FHA 78 70% · 10.3% denied
VA 33 30% · 18.2% denied

Why it denied Iowa applicants

Credit history 7 50%
Debt-to-income ratio 3 21%
Other 3 21%
Unverifiable information 1 7%

Where in Iowa

Counties with the most Equity Prime Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 2163 14.3%
Scott County 1553 20.0%
Pottawattamie County 821 12.5%
Dallas County 621 16.7%
Dubuque County 520 0.0%
Warren County 410 0.0%
Clay County 300 0.0%
Keokuk County 310 0.0%
Woodbury County 310 0.0%
Floyd County 200 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: 111 applications in 2025, of which 35 were originated and 14 denied.

12.6% of all applications, or 28.6% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Equity Prime Mortgage originated in Iowa in 2025 was 7.00%, against a statewide median of 6.50%.

About this data. Figures are Equity Prime 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