Loandepot.Com · Iowa · 2025

Loandepot.Com in Iowa: approval rate, denial rate and rates (2025)

Loandepot.Com took 742 mortgage applications in Iowa in 2025, ranking #31 of 739 lenders active in the state. It originated 42.9% of them and denied 36.1% (45.0% of the applications it decided), against a statewide denial rate of 12.9%.

742Applicationsin IA
45.0%Decision denial ratestate 15.3%
6.99%Median ratestate 6.50%
$105,000Median loanstate $135,000
$44MVolume92 counties

Loandepot.Com in Iowa vs the state

36.1%Denial rate+23.26 pts vs state
45.0%Decision denial rate+29.73 pts vs state
42.9%Origination rate-25.60 pts vs state
6.99%Median rate+0.49 pts vs state
0.97Rate spread (pts)+0.78 pts vs state
$62kMedian applicant income
318Loans originated
268Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202333114039.9%6.50%#56
202456924238.3%6.63%#35
202574231836.1%6.99%#31

What Loandepot.Com lends in Iowa

By loan purpose

Home purchase 62 8% · 19.4% denied
Refinance 60 8% · 30.0% denied
Cash-out refinance 329 44% · 39.5% denied
Home improvement 41 6% · 22.0% denied
Other / HELOC 250 34% · 39.6% denied

By loan type

Conventional 429 58% · 31.7% denied
FHA 245 33% · 46.9% denied
VA 68 9% · 25.0% denied

Why it denied Iowa applicants

Collateral 88 33%
Unverifiable information 56 21%
Debt-to-income ratio 40 15%
Credit history 33 12%
Incomplete application 32 12%
Other 13 5%
Insufficient cash 6 2%

Where in Iowa

Counties with the most Loandepot.Com applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 1075437 34.6%
Linn County 472114 29.8%
Scott County 391415 38.5%
Pottawattamie County 351910 28.6%
Woodbury County 25109 36.0%
Black Hawk County 24711 45.8%
Clinton County 21108 38.1%
Warren County 18104 22.2%
Dubuque County 1765 29.4%
Boone County 1775 29.4%

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: 742 applications in 2025, of which 318 were originated and 268 denied.

36.1% of all applications, or 45.0% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Loandepot.Com originated in Iowa in 2025 was 6.99%, against a statewide median of 6.50%.

About this data. Figures are Loandepot.Com'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