Mutual of Omaha Mortgage · Iowa · 2025

Mutual of Omaha Mortgage in Iowa: approval rate, denial rate and rates (2025)

Mutual of Omaha Mortgage took 353 mortgage applications in Iowa in 2025, ranking #63 of 739 lenders active in the state. It originated 44.8% of them and denied 23.2% (33.2% of the applications it decided), against a statewide denial rate of 12.9%.

353Applicationsin IA
33.2%Decision denial ratestate 15.3%
6.50%Median ratestate 6.50%
$165,000Median loanstate $135,000
$34MVolume79 counties

Mutual of Omaha Mortgage in Iowa vs the state

23.2%Denial rate+10.37 pts vs state
33.2%Decision denial rate+17.89 pts vs state
44.8%Origination rate-23.70 pts vs state
6.50%Median rate0.00 pts vs state
0.56Rate spread (pts)+0.37 pts vs state
$64kMedian applicant income
158Loans originated
82Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231618724.2%6.75%#104
202421311722.5%6.63%#91
202535315823.2%6.50%#63

What Mutual of Omaha Mortgage lends in Iowa

By loan purpose

Home purchase 43 12% · 7.0% denied
Refinance 61 17% · 26.2% denied
Cash-out refinance 175 50% · 25.1% denied
Home improvement 11 3% · 36.4% denied
Other / HELOC 63 18% · 23.8% denied

By loan type

Conventional 95 27% · 13.7% denied
FHA 212 60% · 29.3% denied
VA 45 13% · 15.6% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Iowa applicants

Credit history 59 72%
Collateral 15 18%
Insufficient cash 3 4%
Debt-to-income ratio 2 2%
Other 2 2%
Unverifiable information 1 1%

Where in Iowa

Counties with the most Mutual of Omaha Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 642816 25.0%
Pottawattamie County 20102 10.0%
Woodbury County 1982 10.5%
Johnson County 1763 17.6%
Scott County 1681 6.3%
Warren County 1463 21.4%
Dallas County 1281 8.3%
Linn County 1290 0.0%
Black Hawk County 1125 45.5%
Clinton County 833 37.5%

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: 353 applications in 2025, of which 158 were originated and 82 denied.

23.2% of all applications, or 33.2% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Mutual of Omaha Mortgage originated in Iowa in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are Mutual of Omaha Mortgage'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