Manufacturers and Traders Trust in Iowa vs the state
15.0%Denial rate+2.14 pts vs state
23.1%Decision denial rate+7.77 pts vs state
50.0%Origination rate-18.46 pts vs state
6.00%Median rate-0.50 pts vs state
0.32Rate spread (pts)+0.13 pts vs state
$64kMedian applicant income
10Loans originated
3Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 20 | 7 | 35.0% | 6.50% | #280 |
| 2024 | 20 | 11 | 15.0% | 6.50% | #289 |
| 2025 | 20 | 10 | 15.0% | 6.00% | #294 |
What Manufacturers and Traders Trust lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Manufacturers and Traders Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 5 | 0 | 2 | 40.0% |
| Scott County | 2 | 0 | 0 | 0.0% |
| Montgomery County | 2 | 2 | 0 | 0.0% |
| Henry County | 1 | 1 | 0 | 0.0% |
| Cherokee County | 1 | 1 | 0 | 0.0% |
| Greene County | 1 | 1 | 0 | 0.0% |
| Linn County | 1 | 1 | 0 | 0.0% |
| Guthrie County | 1 | 1 | 0 | 0.0% |
| Boone County | 1 | 1 | 0 | 0.0% |
| Buena Vista County | 1 | 1 | 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: 20 applications in 2025, of which 10 were originated and 3 denied.
15.0% of all applications, or 23.1% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Manufacturers and Traders Trust originated in Iowa in 2025 was 6.00%, against a statewide median of 6.50%.
About this data. Figures are Manufacturers and Traders Trust'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