Frontier Bank · Iowa · 2025

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

Frontier Bank took 40 mortgage applications in Iowa in 2025, ranking #240 of 739 lenders active in the state. It originated 87.5% of them and denied 2.5% (2.8% of the applications it decided), against a statewide denial rate of 12.9%.

40Applicationsin IA
2.8%Decision denial ratestate 15.3%
Median ratestate 6.50%
$205,000Median loanstate $135,000
$7.4MVolume7 counties

Frontier Bank in Iowa vs the state

2.5%Denial rate-10.36 pts vs state
2.8%Decision denial rate-12.53 pts vs state
87.5%Origination rate+19.04 pts vs state
Median rate
Rate spread (pts)
$83kMedian applicant income
35Loans originated
1Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023372616.2%#236
202424224.2%#270
202540352.5%#240

What Frontier Bank lends in Iowa

By loan purpose

Home purchase 30 75% · 3.3% denied
Refinance 5 13% · 0.0% denied
Cash-out refinance 1 3% · 0.0% denied
Home improvement 4 10% · 0.0% denied

By loan type

Conventional 40 100% · 2.5% denied

Why it denied Iowa applicants

Credit history 1 100%

Where in Iowa

Counties with the most Frontier Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lyon County 32281 3.1%
Dickinson County 330 0.0%
Jasper County 100 0.0%
Sioux County 110 0.0%
Osceola County 110 0.0%
Mitchell County 110 0.0%
Louisa County 110 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: 40 applications in 2025, of which 35 were originated and 1 denied.

2.5% of all applications, or 2.8% 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 Frontier 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