Flanagan State Bank · Iowa · 2025

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

Flanagan State Bank took 237 mortgage applications in Iowa in 2025, ranking #89 of 739 lenders active in the state. It originated 74.3% of them and denied 6.3% (7.8% of the applications it decided), against a statewide denial rate of 12.9%.

237Applicationsin IA
7.8%Decision denial ratestate 15.3%
6.63%Median ratestate 6.50%
$145,000Median loanstate $135,000
$32MVolume46 counties

Flanagan State Bank in Iowa vs the state

6.3%Denial rate-6.53 pts vs state
7.8%Decision denial rate-7.54 pts vs state
74.3%Origination rate+5.80 pts vs state
6.63%Median rate+0.13 pts vs state
0.64Rate spread (pts)+0.45 pts vs state
$65kMedian applicant income
176Loans originated
15Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232181697.8%6.63%#88
202421516110.7%6.75%#90
20252371766.3%6.63%#89

What Flanagan State Bank lends in Iowa

By loan purpose

Home purchase 210 89% · 3.8% denied
Refinance 14 6% · 35.7% denied
Cash-out refinance 13 5% · 15.4% denied

By loan type

Conventional 62 26% · 4.8% denied
FHA 87 37% · 8.1% denied
VA 21 9% · 0.0% denied
USDA / RHS 67 28% · 7.5% denied

Why it denied Iowa applicants

Credit history 7 47%
Insufficient cash 2 13%
Other 2 13%
Debt-to-income ratio 2 13%
Employment history 1 7%
Collateral 1 7%

Where in Iowa

Counties with the most Flanagan State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Mills County 50412 4.0%
Kossuth County 27222 7.4%
Scott County 22142 9.1%
Clay County 1692 12.5%
Palo Alto County 1060 0.0%
Buena Vista County 980 0.0%
Hancock County 842 25.0%
Cherokee County 761 14.3%
Cerro Gordo County 741 14.3%
Clayton County 640 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: 237 applications in 2025, of which 176 were originated and 15 denied.

6.3% of all applications, or 7.8% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

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

About this data. Figures are Flanagan 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