JPMorgan Chase Bank · Iowa · 2025

JPMorgan Chase Bank in Iowa: approval rate, denial rate and rates (2025)

JPMorgan Chase Bank took 328 mortgage applications in Iowa in 2025, ranking #67 of 739 lenders active in the state. It originated 61.9% of them and denied 10.1% (13.8% of the applications it decided), against a statewide denial rate of 12.9%.

328Applicationsin IA
13.8%Decision denial ratestate 15.3%
6.38%Median ratestate 6.50%
$200,000Median loanstate $135,000
$749MVolume62 counties

JPMorgan Chase Bank in Iowa vs the state

10.1%Denial rate-2.80 pts vs state
13.8%Decision denial rate-1.56 pts vs state
61.9%Origination rate-6.57 pts vs state
6.38%Median rate-0.13 pts vs state
0.00Rate spread (pts)-0.19 pts vs state
$105kMedian applicant income
203Loans originated
33Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202319212210.4%6.50%#94
202420812611.1%6.50%#94
202532820310.1%6.38%#67

What JPMorgan Chase Bank lends in Iowa

By loan purpose

Home purchase 227 69% · 9.7% denied
Refinance 37 11% · 10.8% denied
Cash-out refinance 38 12% · 7.9% denied
Home improvement 11 3% · 9.1% denied
Other / HELOC 15 5% · 20.0% denied

By loan type

Conventional 311 95% · 8.7% denied
FHA 13 4% · 30.8% denied
VA 4 1% · 50.0% denied

Why it denied Iowa applicants

Debt-to-income ratio 12 36%
Collateral 9 27%
Credit history 5 15%
Other 4 12%
Unverifiable information 2 6%
Employment history 1 3%

Where in Iowa

Counties with the most JPMorgan Chase Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 90633 3.3%
Scott County 24142 8.3%
Johnson County 23134 17.4%
Dallas County 21102 9.5%
Pottawattamie County 20151 5.0%
Woodbury County 1292 16.7%
Story County 1270 0.0%
Warren County 960 0.0%
Linn County 741 14.3%
Marion County 641 16.7%

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: 328 applications in 2025, of which 203 were originated and 33 denied.

10.1% of all applications, or 13.8% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans JPMorgan Chase Bank originated in Iowa in 2025 was 6.38%, against a statewide median of 6.50%.

About this data. Figures are JPMorgan Chase Bank'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