Iowa Bankers Mortgage in Iowa vs the state
15.4%Denial rate+2.53 pts vs state
16.6%Decision denial rate+1.26 pts vs state
76.3%Origination rate+7.85 pts vs state
6.50%Median rate0.00 pts vs state
0.04Rate spread (pts)-0.15 pts vs state
$84kMedian applicant income
1,849Loans originated
373Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,376 | 1,865 | 14.1% | 6.38% | #7 |
| 2024 | 2,696 | 2,092 | 14.1% | 6.38% | #4 |
| 2025 | 2,423 | 1,849 | 15.4% | 6.50% | #8 |
What Iowa Bankers Mortgage lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Iowa Bankers Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 281 | 230 | 28 | 10.0% |
| Story County | 140 | 118 | 16 | 11.4% |
| Linn County | 110 | 83 | 17 | 15.5% |
| Sioux County | 99 | 85 | 12 | 12.1% |
| Dallas County | 92 | 79 | 6 | 6.5% |
| Des Moines County | 90 | 77 | 8 | 8.9% |
| Woodbury County | 84 | 72 | 10 | 11.9% |
| Marion County | 84 | 70 | 10 | 11.9% |
| Warren County | 82 | 63 | 12 | 14.6% |
| Boone County | 66 | 51 | 9 | 13.6% |
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% |
| Broker Solutions | D | 2,386 | 6.4% | 6.75% |
| Northwest Bank | A | 2,181 | 5.7% | 6.38% |
| United Shore Financial Services | B | 1,950 | 11.5% | 6.13% |
Frequently asked questions
Iowa: 2,423 applications in 2025, of which 1,849 were originated and 373 denied.
15.4% of all applications, or 16.6% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Iowa Bankers Mortgage originated in Iowa in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are Iowa Bankers 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