Longbridge Financial · Iowa · 2025

Longbridge Financial in Iowa: approval rate, denial rate and rates (2025)

Longbridge Financial took 17 mortgage applications in Iowa in 2025, ranking #312 of 739 lenders active in the state. It originated 64.7% of them and denied 17.7% (20.0% of the applications it decided), against a statewide denial rate of 12.9%.

17Applicationsin IA
20.0%Decision denial ratestate 15.3%
5.88%Median ratestate 6.50%
$95,000Median loanstate $135,000
$905kVolume14 counties

Longbridge Financial in Iowa vs the state

17.7%Denial rate+4.79 pts vs state
20.0%Decision denial rate+4.69 pts vs state
64.7%Origination rate-3.75 pts vs state
5.88%Median rate-0.63 pts vs state
Rate spread (pts)
$31kMedian applicant income
11Loans originated
3Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202312716.7%7.72%#324
2024131115.4%6.64%#315
2025171117.7%5.88%#312

What Longbridge Financial lends in Iowa

By loan purpose

Refinance 11 65% · 27.3% denied
Home improvement 1 6% · 0.0% denied
Other / HELOC 5 29% · 0.0% denied

By loan type

FHA 17 100% · 17.7% denied

Why it denied Iowa applicants

Collateral 1 33%
Other 1 33%
Insufficient cash 1 33%

Where in Iowa

Counties with the most Longbridge Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 330 0.0%
Woodbury County 220 0.0%
Johnson County 101 100.0%
Shelby County 110 0.0%
Plymouth County 100 0.0%
Marshall County 110 0.0%
Bremer County 110 0.0%
Jasper County 101 100.0%
Pottawattamie County 100 0.0%
Wapello County 110 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: 17 applications in 2025, of which 11 were originated and 3 denied.

17.7% of all applications, or 20.0% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Longbridge Financial originated in Iowa in 2025 was 5.88%, against a statewide median of 6.50%.

About this data. Figures are Longbridge Financial'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