OCMBC in Iowa vs the state
10.7%Denial rate-2.15 pts vs state
23.1%Decision denial rate+7.77 pts vs state
35.7%Origination rate-32.75 pts vs state
7.06%Median rate+0.56 pts vs state
1.33Rate spread (pts)+1.14 pts vs state
$100kMedian applicant income
10Loans originated
3Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 10 | 2 | 50.0% | 8.88% | #347 |
| 2024 | 22 | 10 | 45.5% | 7.19% | #282 |
| 2025 | 28 | 10 | 10.7% | 7.06% | #273 |
What OCMBC lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most OCMBC applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 16 | 7 | 1 | 6.3% |
| Scott County | 5 | 2 | 1 | 20.0% |
| Linn County | 1 | 0 | 0 | 0.0% |
| Iowa County | 1 | 0 | 1 | 100.0% |
| Johnson County | 1 | 0 | 0 | 0.0% |
| Poweshiek County | 1 | 0 | 0 | 0.0% |
| Black Hawk County | 1 | 0 | 0 | 0.0% |
| Grundy County | 1 | 1 | 0 | 0.0% |
| Clinton County | 1 | 0 | 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: 28 applications in 2025, of which 10 were originated and 3 denied.
10.7% of all applications, or 23.1% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans OCMBC originated in Iowa in 2025 was 7.06%, against a statewide median of 6.50%.
About this data. Figures are OCMBC'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