Freedom Mortgage in Iowa vs the state
14.7%Denial rate+1.83 pts vs state
25.1%Decision denial rate+9.74 pts vs state
36.8%Origination rate-31.68 pts vs state
6.25%Median rate-0.25 pts vs state
0.38Rate spread (pts)+0.19 pts vs state
$83kMedian applicant income
338Loans originated
135Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 319 | 163 | 15.4% | 6.75% | #58 |
| 2024 | 673 | 267 | 15.0% | 6.63% | #30 |
| 2025 | 919 | 338 | 14.7% | 6.25% | #25 |
What Freedom Mortgage lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Freedom Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 201 | 80 | 18 | 9.0% |
| Scott County | 90 | 35 | 9 | 10.0% |
| Pottawattamie County | 51 | 29 | 4 | 7.8% |
| Linn County | 46 | 15 | 9 | 19.6% |
| Dallas County | 40 | 15 | 8 | 20.0% |
| Warren County | 33 | 14 | 4 | 12.1% |
| Woodbury County | 31 | 8 | 7 | 22.6% |
| Jasper County | 23 | 6 | 2 | 8.7% |
| Johnson County | 22 | 9 | 4 | 18.2% |
| Black Hawk County | 19 | 5 | 3 | 15.8% |
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: 919 applications in 2025, of which 338 were originated and 135 denied.
14.7% of all applications, or 25.1% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Freedom Mortgage originated in Iowa in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are Freedom 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