Financial Plus Credit Union · Iowa · 2025

Financial Plus Credit Union in Iowa: approval rate, denial rate and rates (2025)

Financial Plus Credit Union took 218 mortgage applications in Iowa in 2025, ranking #93 of 739 lenders active in the state. It originated 88.1% of them and denied 7.8% (8.1% of the applications it decided), against a statewide denial rate of 12.9%.

218Applicationsin IA
8.1%Decision denial ratestate 15.3%
5.75%Median ratestate 6.50%
$65,000Median loanstate $135,000
$21MVolume15 counties

Financial Plus Credit Union in Iowa vs the state

7.8%Denial rate-5.06 pts vs state
8.1%Decision denial rate-7.21 pts vs state
88.1%Origination rate+19.61 pts vs state
5.75%Median rate-0.75 pts vs state
-0.27Rate spread (pts)-0.46 pts vs state
$101kMedian applicant income
192Loans originated
17Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202317615510.2%6.25%#99
20242362146.4%6.25%#84
20252181927.8%5.75%#93

What Financial Plus Credit Union lends in Iowa

By loan purpose

Home purchase 44 20% · 0.0% denied
Refinance 18 8% · 0.0% denied
Cash-out refinance 38 17% · 5.3% denied
Home improvement 44 20% · 4.6% denied
Other / HELOC 74 34% · 17.6% denied

By loan type

Conventional 218 100% · 7.8% denied

Why it denied Iowa applicants

Debt-to-income ratio 10 59%
Other 3 18%
Credit history 3 18%
Unverifiable information 1 6%

Where in Iowa

Counties with the most Financial Plus Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 15413610 6.5%
Dallas County 32256 18.8%
Warren County 18171 5.6%
Guthrie County 220 0.0%
Boone County 220 0.0%
Appanoose County 110 0.0%
Black Hawk County 110 0.0%
Pottawattamie County 110 0.0%
Greene County 110 0.0%
Madison County 110 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: 218 applications in 2025, of which 192 were originated and 17 denied.

7.8% of all applications, or 8.1% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Financial Plus Credit Union originated in Iowa in 2025 was 5.75%, against a statewide median of 6.50%.

About this data. Figures are Financial Plus Credit Union'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