Linn Area · Iowa · 2025

Linn Area in Iowa: approval rate, denial rate and rates (2025)

Linn Area took 356 mortgage applications in Iowa in 2025, ranking #62 of 739 lenders active in the state. It originated 76.4% of them and denied 7.6% (9.0% of the applications it decided), against a statewide denial rate of 12.9%.

356Applicationsin IA
9.0%Decision denial ratestate 15.3%
6.75%Median ratestate 6.50%
$125,000Median loanstate $135,000
$40MVolume18 counties

Linn Area in Iowa vs the state

7.6%Denial rate-5.28 pts vs state
9.0%Decision denial rate-6.28 pts vs state
76.4%Origination rate+7.94 pts vs state
6.75%Median rate+0.25 pts vs state
0.25Rate spread (pts)+0.06 pts vs state
$90kMedian applicant income
272Loans originated
27Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232472024.9%7.25%#77
20242601995.8%7.00%#78
20253562727.6%6.75%#62

What Linn Area lends in Iowa

By loan purpose

Home purchase 192 54% · 1.0% denied
Refinance 95 27% · 21.1% denied
Cash-out refinance 69 19% · 7.3% denied

By loan type

Conventional 356 100% · 7.6% denied

Why it denied Iowa applicants

Credit history 13 48%
Debt-to-income ratio 12 44%
Other 1 4%
Collateral 1 4%

Where in Iowa

Counties with the most Linn Area applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Linn County 24618317 6.9%
Benton County 30252 6.7%
Johnson County 28243 10.7%
Jones County 952 22.2%
Iowa County 990 0.0%
Polk County 530 0.0%
Muscatine County 532 40.0%
Cedar County 550 0.0%
Buchanan County 440 0.0%
Scott County 330 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: 356 applications in 2025, of which 272 were originated and 27 denied.

7.6% of all applications, or 9.0% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Linn Area originated in Iowa in 2025 was 6.75%, against a statewide median of 6.50%.

About this data. Figures are Linn Area'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