First PREMIER Bank · Iowa · 2025

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

First PREMIER Bank took 31 mortgage applications in Iowa in 2025, ranking #268 of 739 lenders active in the state. It originated 58.1% of them and denied 25.8% (30.8% of the applications it decided), against a statewide denial rate of 12.9%.

31Applicationsin IA
30.8%Decision denial ratestate 15.3%
6.63%Median ratestate 6.50%
$165,000Median loanstate $135,000
$3.7MVolume11 counties

First PREMIER Bank in Iowa vs the state

25.8%Denial rate+12.95 pts vs state
30.8%Decision denial rate+15.46 pts vs state
58.1%Origination rate-10.40 pts vs state
6.63%Median rate+0.13 pts vs state
0.26Rate spread (pts)+0.07 pts vs state
$88kMedian applicant income
18Loans originated
8Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202328932.1%6.63%#257
2024271711.1%6.13%#262
2025311825.8%6.63%#268

What First PREMIER Bank lends in Iowa

By loan purpose

Home purchase 22 71% · 36.4% denied
Refinance 2 6% · 0.0% denied
Cash-out refinance 2 6% · 0.0% denied
Home improvement 2 6% · 0.0% denied
Other / HELOC 3 10% · 0.0% denied

By loan type

Conventional 28 90% · 25.0% denied
FHA 3 10% · 33.3% denied

Why it denied Iowa applicants

Credit history 4 50%
Other 2 25%
Collateral 1 13%
Debt-to-income ratio 1 13%

Where in Iowa

Counties with the most First PREMIER Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sioux County 722 28.6%
Woodbury County 550 0.0%
Lyon County 430 0.0%
Dickinson County 430 0.0%
O'Brien County 422 50.0%
Osceola County 211 50.0%
Cherokee County 110 0.0%
Monona County 101 100.0%
Buena Vista County 101 100.0%
Winnebago 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: 31 applications in 2025, of which 18 were originated and 8 denied.

25.8% of all applications, or 30.8% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans First PREMIER Bank originated in Iowa in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are First PREMIER 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