Manufacturers Bank & Trust · Iowa · 2025

Manufacturers Bank & Trust in Iowa: approval rate, denial rate and rates (2025)

Manufacturers Bank & Trust took 149 mortgage applications in Iowa in 2025, ranking #127 of 739 lenders active in the state. It originated 81.9% of them and denied 1.3% (1.4% of the applications it decided), against a statewide denial rate of 12.9%.

149Applicationsin IA
1.4%Decision denial ratestate 15.3%
Median ratestate 6.50%
$155,000Median loanstate $135,000
$23MVolume17 counties

Manufacturers Bank & Trust in Iowa vs the state

1.3%Denial rate-11.52 pts vs state
1.4%Decision denial rate-13.88 pts vs state
81.9%Origination rate+13.42 pts vs state
Median rate
Rate spread (pts)
$94kMedian applicant income
122Loans originated
2Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231371122.9%#114
20241221093.3%#133
20251491221.3%#127

What Manufacturers Bank & Trust lends in Iowa

By loan purpose

Home purchase 102 68% · 2.0% denied
Refinance 24 16% · 0.0% denied
Cash-out refinance 4 3% · 0.0% denied
Home improvement 9 6% · 0.0% denied
Other / HELOC 10 7% · 0.0% denied

By loan type

Conventional 149 100% · 1.3% denied

Where in Iowa

Counties with the most Manufacturers Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Winnebago County 57492 3.5%
Cerro Gordo County 46370 0.0%
Hancock County 20150 0.0%
Worth County 760 0.0%
Fayette County 320 0.0%
Wright County 220 0.0%
Johnson County 220 0.0%
Kossuth County 210 0.0%
Sioux County 220 0.0%
Chickasaw 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: 149 applications in 2025, of which 122 were originated and 2 denied.

1.3% of all applications, or 1.4% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Manufacturers Bank & 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