Homexpress Mortgage · Iowa · 2025

Homexpress Mortgage in Iowa: approval rate, denial rate and rates (2025)

Homexpress Mortgage took 42 mortgage applications in Iowa in 2025, ranking #237 of 739 lenders active in the state. It originated 50.0% of them and denied 50.0% (50.0% of the applications it decided), against a statewide denial rate of 12.9%.

42Applicationsin IA
50.0%Decision denial ratestate 15.3%
7.88%Median ratestate 6.50%
$150,000Median loanstate $135,000
$3.7MVolume14 counties

Homexpress Mortgage in Iowa vs the state

50.0%Denial rate+37.14 pts vs state
50.0%Decision denial rate+34.69 pts vs state
50.0%Origination rate-18.46 pts vs state
7.88%Median rate+1.38 pts vs state
1.43Rate spread (pts)+1.24 pts vs state
$90kMedian applicant income
21Loans originated
21Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20238537.5%9.00%#362
20249544.4%8.38%#340
2025422150.0%7.88%#237

What Homexpress Mortgage lends in Iowa

By loan purpose

Home purchase 4 10% · 50.0% denied
Refinance 2 5% · 50.0% denied
Cash-out refinance 36 86% · 50.0% denied

By loan type

Conventional 42 100% · 50.0% denied

Why it denied Iowa applicants

Credit history 15 71%
Collateral 6 29%

Where in Iowa

Counties with the most Homexpress Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 19910 52.6%
Linn County 422 50.0%
Pottawattamie County 321 33.3%
Boone County 303 100.0%
Jasper County 211 50.0%
Scott County 220 0.0%
Johnson County 202 100.0%
Marshall County 110 0.0%
Jefferson County 110 0.0%
Chickasaw 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: 42 applications in 2025, of which 21 were originated and 21 denied.

50.0% of all applications, or 50.0% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Homexpress Mortgage originated in Iowa in 2025 was 7.88%, against a statewide median of 6.50%.

About this data. Figures are Homexpress 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