Lendage in Iowa vs the state
9.4%Denial rate-3.47 pts vs state
10.5%Decision denial rate-4.82 pts vs state
73.5%Origination rate+5.02 pts vs state
10.75%Median rate+4.25 pts vs state
4.90Rate spread (pts)+4.71 pts vs state
$108kMedian applicant income
133Loans originated
17Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 84 | 51 | 20.2% | 13.25% | #160 |
| 2024 | 176 | 126 | 14.2% | 13.13% | #107 |
| 2025 | 181 | 133 | 9.4% | 10.75% | #111 |
What Lendage lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Lendage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 30 | 25 | 4 | 13.3% |
| Scott County | 18 | 15 | 1 | 5.6% |
| Linn County | 12 | 9 | 1 | 8.3% |
| Woodbury County | 11 | 8 | 0 | 0.0% |
| Dallas County | 10 | 8 | 0 | 0.0% |
| Story County | 7 | 4 | 0 | 0.0% |
| Pottawattamie County | 6 | 5 | 1 | 16.7% |
| Clinton County | 6 | 5 | 1 | 16.7% |
| Boone County | 5 | 4 | 0 | 0.0% |
| Plymouth County | 5 | 2 | 0 | 0.0% |
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: 181 applications in 2025, of which 133 were originated and 17 denied.
9.4% of all applications, or 10.5% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Lendage originated in Iowa in 2025 was 10.75%, against a statewide median of 6.50%.
About this data. Figures are Lendage'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