First Central State Bank · Iowa · 2025

First Central State Bank in Iowa: approval rate, denial rate and rates (2025)

First Central State Bank took 220 mortgage applications in Iowa in 2025, ranking #92 of 739 lenders active in the state. It originated 84.6% of them and denied 8.6% (9.1% of the applications it decided), against a statewide denial rate of 12.9%.

220Applicationsin IA
9.1%Decision denial ratestate 15.3%
6.69%Median ratestate 6.50%
$155,000Median loanstate $135,000
$37MVolume8 counties

First Central State Bank in Iowa vs the state

8.6%Denial rate-4.22 pts vs state
9.1%Decision denial rate-6.18 pts vs state
84.6%Origination rate+16.09 pts vs state
6.69%Median rate+0.19 pts vs state
0.18Rate spread (pts)-0.01 pts vs state
$100kMedian applicant income
186Loans originated
19Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232051717.3%#91
20241851608.1%6.00%#101
20252201868.6%6.69%#92

What First Central State Bank lends in Iowa

By loan purpose

Home purchase 140 64% · 9.3% denied
Refinance 58 26% · 10.3% denied
Cash-out refinance 5 2% · 0.0% denied
Home improvement 15 7% · 0.0% denied
Other / HELOC 2 1% · 0.0% denied

By loan type

Conventional 219 100% · 8.2% denied
FHA 1 0% · 100.0% denied

Where in Iowa

Counties with the most First Central State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clinton County 1231099 7.3%
Scott County 87699 10.3%
Jackson County 550 0.0%
Appanoose County 100 0.0%
Cedar County 110 0.0%
Jones County 101 100.0%
Linn County 110 0.0%
Dubuque 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: 220 applications in 2025, of which 186 were originated and 19 denied.

8.6% of all applications, or 9.1% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans First Central State Bank originated in Iowa in 2025 was 6.69%, against a statewide median of 6.50%.

About this data. Figures are First Central State 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