First Community Mortgage in Iowa vs the state
7.5%Denial rate-5.40 pts vs state
7.5%Decision denial rate-7.81 pts vs state
87.1%Origination rate+18.60 pts vs state
6.63%Median rate+0.13 pts vs state
0.24Rate spread (pts)+0.05 pts vs state
$80kMedian applicant income
175Loans originated
15Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 24 | 17 | 20.8% | 6.63% | #271 |
| 2024 | 116 | 107 | 1.7% | 6.50% | #138 |
| 2025 | 201 | 175 | 7.5% | 6.63% | #100 |
What First Community Mortgage lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most First Community Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 93 | 86 | 3 | 3.2% |
| Dallas County | 24 | 22 | 2 | 8.3% |
| Story County | 13 | 12 | 0 | 0.0% |
| Warren County | 9 | 7 | 1 | 11.1% |
| Boone County | 7 | 6 | 1 | 14.3% |
| Jasper County | 6 | 4 | 1 | 16.7% |
| Dickinson County | 4 | 4 | 0 | 0.0% |
| Clay County | 4 | 3 | 1 | 25.0% |
| O'Brien County | 3 | 2 | 0 | 0.0% |
| Muscatine County | 3 | 2 | 1 | 33.3% |
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: 201 applications in 2025, of which 175 were originated and 15 denied.
7.5% of all applications, or 7.5% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans First Community Mortgage originated in Iowa in 2025 was 6.63%, against a statewide median of 6.50%.
About this data. Figures are First Community 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