Paramount Residential Mortgage Group · Iowa · 2025

Paramount Residential Mortgage Group in Iowa: approval rate, denial rate and rates (2025)

Paramount Residential Mortgage Group took 47 mortgage applications in Iowa in 2025, ranking #225 of 739 lenders active in the state. It originated 57.5% of them and denied 6.4% (10.0% of the applications it decided), against a statewide denial rate of 12.9%.

47Applicationsin IA
10.0%Decision denial ratestate 15.3%
6.38%Median ratestate 6.50%
$265,000Median loanstate $135,000
$8.2MVolume20 counties

Paramount Residential Mortgage Group in Iowa vs the state

6.4%Denial rate-6.48 pts vs state
10.0%Decision denial rate-5.31 pts vs state
57.5%Origination rate-11.01 pts vs state
6.38%Median rate-0.13 pts vs state
0.40Rate spread (pts)+0.21 pts vs state
$96kMedian applicant income
27Loans originated
3Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202328230.0%6.93%#258
202446330.0%6.50%#218
202547276.4%6.38%#225

What Paramount Residential Mortgage Group lends in Iowa

By loan purpose

Home purchase 39 83% · 5.1% denied
Refinance 5 11% · 0.0% denied
Cash-out refinance 3 6% · 33.3% denied

By loan type

Conventional 11 23% · 0.0% denied
FHA 25 53% · 8.0% denied
VA 11 23% · 9.1% denied

Why it denied Iowa applicants

Collateral 1 33%
Debt-to-income ratio 1 33%
Credit history 1 33%

Where in Iowa

Counties with the most Paramount Residential Mortgage Group applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Scott County 1050 0.0%
Dallas County 750 0.0%
Polk County 750 0.0%
Woodbury County 320 0.0%
Warren County 310 0.0%
Jackson County 211 50.0%
Adams County 200 0.0%
Cedar County 110 0.0%
Muscatine County 110 0.0%
Henry County 110 0.0%

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: 47 applications in 2025, of which 27 were originated and 3 denied.

6.4% of all applications, or 10.0% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Paramount Residential Mortgage Group originated in Iowa in 2025 was 6.38%, against a statewide median of 6.50%.

About this data. Figures are Paramount Residential Mortgage Group'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