Pentagon Federal Credit Union · Iowa · 2025

Pentagon Federal Credit Union in Iowa: approval rate, denial rate and rates (2025)

Pentagon Federal Credit Union took 64 mortgage applications in Iowa in 2025, ranking #195 of 739 lenders active in the state. It originated 29.7% of them and denied 50.0% (62.8% of the applications it decided), against a statewide denial rate of 12.9%.

64Applicationsin IA
62.8%Decision denial ratestate 15.3%
7.63%Median ratestate 6.50%
$130,000Median loanstate $135,000
$2.8MVolume32 counties

Pentagon Federal Credit Union in Iowa vs the state

50.0%Denial rate+37.14 pts vs state
62.8%Decision denial rate+47.44 pts vs state
29.7%Origination rate-38.77 pts vs state
7.63%Median rate+1.13 pts vs state
0.39Rate spread (pts)+0.20 pts vs state
$104kMedian applicant income
19Loans originated
32Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023742346.0%8.38%#172
2024722429.2%9.00%#179
2025641950.0%7.63%#195

What Pentagon Federal Credit Union lends in Iowa

By loan purpose

Home purchase 18 28% · 50.0% denied
Refinance 12 19% · 50.0% denied
Cash-out refinance 7 11% · 57.1% denied
Home improvement 18 28% · 50.0% denied
Other / HELOC 9 14% · 44.4% denied

By loan type

Conventional 51 80% · 49.0% denied
FHA 6 9% · 50.0% denied
VA 7 11% · 57.1% denied

Why it denied Iowa applicants

Credit history 12 38%
Collateral 8 25%
Other 5 16%
Debt-to-income ratio 4 13%
Unverifiable information 2 6%
Insufficient cash 1 3%

Where in Iowa

Counties with the most Pentagon Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 623 50.0%
Pottawattamie County 522 40.0%
Scott County 521 20.0%
Woodbury County 411 25.0%
Dallas County 403 75.0%
Story County 312 66.7%
Warren County 312 66.7%
Page County 220 0.0%
Black Hawk County 201 50.0%
Linn County 202 100.0%

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: 64 applications in 2025, of which 19 were originated and 32 denied.

50.0% of all applications, or 62.8% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Pentagon Federal Credit Union originated in Iowa in 2025 was 7.63%, against a statewide median of 6.50%.

About this data. Figures are Pentagon Federal Credit Union'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