MidWestOne Bank in Iowa vs the state
15.4%Denial rate+2.53 pts vs state
16.9%Decision denial rate+1.62 pts vs state
73.3%Origination rate+4.79 pts vs state
6.00%Median rate-0.50 pts vs state
-0.59Rate spread (pts)-0.78 pts vs state
$91kMedian applicant income
1,090Loans originated
229Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,258 | 930 | 16.4% | 6.24% | #14 |
| 2024 | 1,230 | 902 | 16.9% | 6.99% | #14 |
| 2025 | 1,488 | 1,090 | 15.4% | 6.00% | #13 |
What MidWestOne Bank lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most MidWestOne Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Dubuque County | 468 | 369 | 50 | 10.7% |
| Muscatine County | 174 | 113 | 45 | 25.9% |
| Johnson County | 171 | 124 | 20 | 11.7% |
| Jefferson County | 77 | 46 | 19 | 24.7% |
| Mahaska County | 63 | 43 | 11 | 17.5% |
| Marshall County | 40 | 32 | 6 | 15.0% |
| Keokuk County | 37 | 23 | 12 | 32.4% |
| Linn County | 36 | 28 | 4 | 11.1% |
| Black Hawk County | 36 | 26 | 5 | 13.9% |
| Polk County | 32 | 30 | 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: 1,488 applications in 2025, of which 1,090 were originated and 229 denied.
15.4% of all applications, or 16.9% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans MidWestOne Bank originated in Iowa in 2025 was 6.00%, against a statewide median of 6.50%.
About this data. Figures are MidWestOne 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