First Federal Bank in Iowa vs the state
6.8%Denial rate-6.08 pts vs state
8.3%Decision denial rate-6.98 pts vs state
74.6%Origination rate+6.12 pts vs state
6.63%Median rate+0.13 pts vs state
0.39Rate spread (pts)+0.20 pts vs state
$73kMedian applicant income
44Loans originated
4Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 16 | 14 | 0.0% | 7.13% | #303 |
| 2024 | 47 | 34 | 6.4% | 6.63% | #216 |
| 2025 | 59 | 44 | 6.8% | 6.63% | #204 |
What First Federal Bank lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most First Federal Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Scott County | 22 | 19 | 0 | 0.0% |
| Des Moines County | 9 | 8 | 0 | 0.0% |
| Clinton County | 6 | 6 | 0 | 0.0% |
| Polk County | 4 | 0 | 1 | 25.0% |
| Cedar County | 2 | 1 | 0 | 0.0% |
| Muscatine County | 2 | 1 | 1 | 50.0% |
| Mills County | 1 | 0 | 0 | 0.0% |
| Pottawattamie County | 1 | 1 | 0 | 0.0% |
| Clay County | 1 | 0 | 1 | 100.0% |
| Union County | 1 | 1 | 0 | 0.0% |
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: 59 applications in 2025, of which 44 were originated and 4 denied.
6.8% of all applications, or 8.3% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans First Federal Bank originated in Iowa in 2025 was 6.63%, against a statewide median of 6.50%.
About this data. Figures are First Federal 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