Midwest Heritage Bank in Iowa vs the state
17.7%Denial rate+4.79 pts vs state
20.8%Decision denial rate+5.48 pts vs state
66.8%Origination rate-1.65 pts vs state
—Median rate
—Rate spread (pts)
$90kMedian applicant income
159Loans originated
42Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 250 | 188 | 9.6% | 6.75% | #73 |
| 2024 | 253 | 174 | 14.6% | — | #80 |
| 2025 | 238 | 159 | 17.7% | — | #88 |
What Midwest Heritage Bank lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Midwest Heritage Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 64 | 41 | 8 | 12.5% |
| Dallas County | 43 | 36 | 3 | 7.0% |
| Lucas County | 41 | 23 | 9 | 22.0% |
| Warren County | 13 | 10 | 3 | 23.1% |
| Wayne County | 9 | 6 | 2 | 22.2% |
| Scott County | 5 | 4 | 1 | 20.0% |
| Madison County | 4 | 1 | 2 | 50.0% |
| Pottawattamie County | 4 | 1 | 2 | 50.0% |
| Linn County | 4 | 3 | 0 | 0.0% |
| Guthrie County | 4 | 3 | 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: 238 applications in 2025, of which 159 were originated and 42 denied.
17.7% of all applications, or 20.8% 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 Midwest Heritage 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