Farmers Savings Bank · Iowa · 2025

Farmers Savings Bank in Iowa: approval rate, denial rate and rates (2025)

Farmers Savings Bank took 54 mortgage applications in Iowa in 2025, ranking #213 of 739 lenders active in the state. It originated 81.5% of them and denied 3.7% (4.4% of the applications it decided), against a statewide denial rate of 12.9%.

54Applicationsin IA
4.4%Decision denial ratestate 15.3%
Median ratestate 6.50%
$115,000Median loanstate $135,000
$11MVolume7 counties

Farmers Savings Bank in Iowa vs the state

3.7%Denial rate-9.16 pts vs state
4.4%Decision denial rate-10.96 pts vs state
81.5%Origination rate+13.02 pts vs state
Median rate
Rate spread (pts)
$111kMedian applicant income
44Loans originated
2Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023403120.0%#225
202438315.3%#234
202554443.7%#213

What Farmers Savings Bank lends in Iowa

By loan purpose

Home purchase 37 69% · 0.0% denied
Refinance 9 17% · 11.1% denied
Home improvement 5 9% · 0.0% denied
Other / HELOC 3 6% · 33.3% denied

By loan type

Conventional 54 100% · 3.7% denied

Where in Iowa

Counties with the most Farmers Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Marshall County 37291 2.7%
Story County 550 0.0%
Warren County 330 0.0%
Polk County 330 0.0%
Jasper County 220 0.0%
Grundy County 220 0.0%
Tama County 201 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: 54 applications in 2025, of which 44 were originated and 2 denied.

3.7% of all applications, or 4.4% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Farmers Savings Bank'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