Mortgage Research Center in Iowa vs the state
18.1%Denial rate+5.23 pts vs state
25.8%Decision denial rate+10.50 pts vs state
51.5%Origination rate-16.93 pts vs state
6.25%Median rate-0.25 pts vs state
-0.17Rate spread (pts)-0.36 pts vs state
$83kMedian applicant income
957Loans originated
336Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,218 | 679 | 13.6% | 6.75% | #15 |
| 2024 | 1,503 | 823 | 14.8% | 6.63% | #11 |
| 2025 | 1,857 | 957 | 18.1% | 6.25% | #12 |
What Mortgage Research Center lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Mortgage Research Center applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 246 | 117 | 41 | 16.7% |
| Linn County | 112 | 48 | 23 | 20.5% |
| Scott County | 106 | 51 | 9 | 8.5% |
| Pottawattamie County | 83 | 45 | 17 | 20.5% |
| Woodbury County | 60 | 32 | 13 | 21.7% |
| Dallas County | 59 | 34 | 6 | 10.2% |
| Warren County | 55 | 33 | 8 | 14.5% |
| Black Hawk County | 52 | 26 | 7 | 13.5% |
| Dubuque County | 38 | 21 | 5 | 13.2% |
| Des Moines County | 34 | 18 | 4 | 11.8% |
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: 1,857 applications in 2025, of which 957 were originated and 336 denied.
18.1% of all applications, or 25.8% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Mortgage Research Center originated in Iowa in 2025 was 6.25%, against a statewide median of 6.50%.
About this data. Figures are Mortgage Research Center'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