Grinnell State Bank · Iowa · 2025

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

Grinnell State Bank took 25 mortgage applications in Iowa in 2025, ranking #279 of 739 lenders active in the state. It originated 96.0% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 12.9%.

25Applicationsin IA
0.0%Decision denial ratestate 15.3%
Median ratestate 6.50%
$155,000Median loanstate $135,000
$5.2MVolume7 counties

Grinnell State Bank in Iowa vs the state

0.0%Denial rate-12.86 pts vs state
0.0%Decision denial rate-15.31 pts vs state
96.0%Origination rate+27.54 pts vs state
Median rate
Rate spread (pts)
$126kMedian applicant income
24Loans originated
0Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202333279.1%#245
202437300.0%#238
202525240.0%#279

What Grinnell State Bank lends in Iowa

By loan purpose

Home purchase 11 44% · 0.0% denied
Refinance 7 28% · 0.0% denied
Home improvement 7 28% · 0.0% denied

By loan type

Conventional 25 100% · 0.0% denied

Where in Iowa

Counties with the most Grinnell State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Poweshiek County 990 0.0%
Iowa County 650 0.0%
Polk County 550 0.0%
Johnson County 220 0.0%
Keokuk County 110 0.0%
Warren County 110 0.0%
Black Hawk 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: 25 applications in 2025, of which 24 were originated and 0 denied.

0.0% of all applications, or 0.0% 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 Grinnell 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