Hometown Equity Mortgage in Iowa vs the state
60.0%Denial rate+47.14 pts vs state
60.0%Decision denial rate+44.69 pts vs state
40.0%Origination rate-28.46 pts vs state
7.31%Median rate+0.81 pts vs state
—Rate spread (pts)
$60kMedian applicant income
2Loans originated
3Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 9 | 3 | 22.2% | 6.75% | #349 |
| 2024 | 8 | 3 | 37.5% | 6.25% | #351 |
| 2025 | 5 | 2 | 60.0% | 7.31% | #433 |
What Hometown Equity Mortgage lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Hometown Equity Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Scott County | 2 | 1 | 1 | 50.0% |
| Polk County | 1 | 1 | 0 | 0.0% |
| Hamilton County | 1 | 0 | 1 | 100.0% |
| Delaware County | 1 | 0 | 1 | 100.0% |
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: 5 applications in 2025, of which 2 were originated and 3 denied.
60.0% of all applications, or 60.0% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Hometown Equity Mortgage originated in Iowa in 2025 was 7.31%, against a statewide median of 6.50%.
About this data. Figures are Hometown Equity Mortgage'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