Granite Bank in Iowa vs the state
12.0%Denial rate-0.86 pts vs state
13.9%Decision denial rate-1.46 pts vs state
73.3%Origination rate+4.87 pts vs state
6.99%Median rate+0.49 pts vs state
1.06Rate spread (pts)+0.87 pts vs state
$73kMedian applicant income
55Loans originated
9Denied
What Granite Bank lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Granite Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Scott County | 41 | 28 | 4 | 9.8% |
| Muscatine County | 10 | 8 | 1 | 10.0% |
| Clinton County | 7 | 7 | 0 | 0.0% |
| Louisa County | 3 | 2 | 0 | 0.0% |
| Cedar County | 2 | 1 | 1 | 50.0% |
| Lee County | 2 | 2 | 0 | 0.0% |
| Bremer County | 1 | 1 | 0 | 0.0% |
| Linn County | 1 | 0 | 1 | 100.0% |
| Webster County | 1 | 1 | 0 | 0.0% |
| Dubuque County | 1 | 1 | 0 | 0.0% |
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: 75 applications in 2025, of which 55 were originated and 9 denied.
12.0% of all applications, or 13.9% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Granite Bank originated in Iowa in 2025 was 6.99%, against a statewide median of 6.50%.
About this data. Figures are Granite 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