Homeservices Lending · Iowa · 2025

Homeservices Lending in Iowa: approval rate, denial rate and rates (2025)

Homeservices Lending took 639 mortgage applications in Iowa in 2025, ranking #37 of 739 lenders active in the state. It originated 83.4% of them and denied 2.8% (3.3% of the applications it decided), against a statewide denial rate of 12.9%.

639Applicationsin IA
3.3%Decision denial ratestate 15.3%
6.50%Median ratestate 6.50%
$215,000Median loanstate $135,000
$122MVolume42 counties

Homeservices Lending in Iowa vs the state

2.8%Denial rate-10.04 pts vs state
3.3%Decision denial rate-12.04 pts vs state
83.4%Origination rate+14.95 pts vs state
6.50%Median rate0.00 pts vs state
0.17Rate spread (pts)-0.02 pts vs state
$90kMedian applicant income
533Loans originated
18Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237936494.3%6.63%#25
20247456144.3%6.63%#26
20256395332.8%6.50%#37

What Homeservices Lending lends in Iowa

By loan purpose

Home purchase 545 85% · 2.0% denied
Refinance 78 12% · 6.4% denied
Cash-out refinance 10 2% · 10.0% denied
Home improvement 2 0% · 0.0% denied
Other / HELOC 4 1% · 25.0% denied

By loan type

Conventional 466 73% · 2.8% denied
FHA 101 16% · 5.0% denied
VA 61 10% · 0.0% denied
USDA / RHS 11 2% · 0.0% denied

Why it denied Iowa applicants

Debt-to-income ratio 7 39%
Collateral 6 33%
Credit history 3 17%
Unverifiable information 1 6%
Employment history 1 6%

Where in Iowa

Counties with the most Homeservices Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 3132598 2.6%
Dallas County 65512 3.1%
Jasper County 47441 2.1%
Warren County 42351 2.4%
Linn County 25211 4.0%
Story County 20160 0.0%
Marion County 19131 5.3%
Madison County 1090 0.0%
Union County 752 28.6%
Pottawattamie County 750 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: 639 applications in 2025, of which 533 were originated and 18 denied.

2.8% of all applications, or 3.3% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Homeservices Lending originated in Iowa in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are Homeservices Lending'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