First National Bank, Ames, Iowa · Iowa · 2025

First National Bank, Ames, Iowa in Iowa: approval rate, denial rate and rates (2025)

First National Bank, Ames, Iowa took 194 mortgage applications in Iowa in 2025, ranking #103 of 739 lenders active in the state. It originated 72.7% of them and denied 8.8% (10.6% of the applications it decided), against a statewide denial rate of 12.9%.

194Applicationsin IA
10.6%Decision denial ratestate 15.3%
Median ratestate 6.50%
$185,000Median loanstate $135,000
$59MVolume16 counties

First National Bank, Ames, Iowa in Iowa vs the state

8.8%Denial rate-4.10 pts vs state
10.6%Decision denial rate-4.75 pts vs state
72.7%Origination rate+4.22 pts vs state
Median rate
Rate spread (pts)
$105kMedian applicant income
141Loans originated
17Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231901395.8%#95
20241721367.0%#111
20251941418.8%#103

What First National Bank, Ames, Iowa lends in Iowa

By loan purpose

Home purchase 116 60% · 8.6% denied
Refinance 45 23% · 6.7% denied
Home improvement 18 9% · 5.6% denied
Other / HELOC 15 8% · 20.0% denied

By loan type

Conventional 194 100% · 8.8% denied

Why it denied Iowa applicants

Debt-to-income ratio 13 76%
Credit history 3 18%
Collateral 1 6%

Where in Iowa

Counties with the most First National Bank, Ames, Iowa applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Story County 89588 9.0%
Polk County 46333 6.5%
Clarke County 28262 7.1%
Boone County 870 0.0%
Decatur County 550 0.0%
Dallas County 430 0.0%
Warren County 330 0.0%
Hamilton County 211 50.0%
Union County 220 0.0%
Poweshiek County 101 100.0%

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: 194 applications in 2025, of which 141 were originated and 17 denied.

8.8% of all applications, or 10.6% 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 First National Bank, Ames, Iowa'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