Luana Savings Bank · Iowa · 2025

Luana Savings Bank in Iowa: approval rate, denial rate and rates (2025)

Luana Savings Bank took 706 mortgage applications in Iowa in 2025, ranking #34 of 739 lenders active in the state. It originated 89.8% of them and denied 2.7% (2.9% of the applications it decided), against a statewide denial rate of 12.9%.

706Applicationsin IA
2.9%Decision denial ratestate 15.3%
6.13%Median ratestate 6.50%
$245,000Median loanstate $135,000
$212MVolume48 counties

Luana Savings Bank in Iowa vs the state

2.7%Denial rate-10.17 pts vs state
2.9%Decision denial rate-12.40 pts vs state
89.8%Origination rate+21.34 pts vs state
6.13%Median rate-0.38 pts vs state
-0.28Rate spread (pts)-0.47 pts vs state
$150kMedian applicant income
634Loans originated
19Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236165342.6%6.75%#28
20247806603.5%6.63%#23
20257066342.7%6.13%#34

What Luana Savings Bank lends in Iowa

By loan purpose

Home purchase 449 64% · 2.0% denied
Refinance 206 29% · 1.9% denied
Cash-out refinance 9 1% · 0.0% denied
Home improvement 21 3% · 0.0% denied
Other / HELOC 21 3% · 28.6% denied

By loan type

Conventional 706 100% · 2.7% denied

Why it denied Iowa applicants

Debt-to-income ratio 15 79%
Credit history 2 11%
Other 1 5%
Collateral 1 5%

Where in Iowa

Counties with the most Luana Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 2712379 3.3%
Dallas County 1301201 0.8%
Warren County 42390 0.0%
Clayton County 41331 2.4%
Allamakee County 33301 3.0%
Story County 21200 0.0%
Fayette County 20200 0.0%
Winneshiek County 19170 0.0%
Chickasaw County 18144 22.2%
Black Hawk County 11110 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: 706 applications in 2025, of which 634 were originated and 19 denied.

2.7% of all applications, or 2.9% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Luana Savings Bank originated in Iowa in 2025 was 6.13%, against a statewide median of 6.50%.

About this data. Figures are Luana Savings 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