Heartland Bank and Trust in Iowa vs the state
13.0%Denial rate+0.18 pts vs state
13.6%Decision denial rate-1.67 pts vs state
82.6%Origination rate+14.15 pts vs state
7.20%Median rate+0.70 pts vs state
0.65Rate spread (pts)+0.46 pts vs state
$128kMedian applicant income
19Loans originated
3Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 11 | 10 | 9.1% | 6.50% | #334 |
| 2024 | 7 | 5 | 0.0% | 6.86% | #377 |
| 2025 | 23 | 19 | 13.0% | 7.20% | #286 |
What Heartland Bank and Trust lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Heartland Bank and Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Linn County | 12 | 8 | 3 | 25.0% |
| Johnson County | 4 | 4 | 0 | 0.0% |
| Scott County | 2 | 2 | 0 | 0.0% |
| Winnebago County | 1 | 1 | 0 | 0.0% |
| Cedar County | 1 | 1 | 0 | 0.0% |
| Black Hawk County | 1 | 1 | 0 | 0.0% |
| Dickinson County | 1 | 1 | 0 | 0.0% |
| Clinton 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: 23 applications in 2025, of which 19 were originated and 3 denied.
13.0% of all applications, or 13.6% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Heartland Bank and Trust originated in Iowa in 2025 was 7.20%, against a statewide median of 6.50%.
About this data. Figures are Heartland Bank and Trust'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