Peoples State Bank · Iowa · 2025

Peoples State Bank in Iowa: approval rate, denial rate and rates (2025)

Peoples State Bank took 76 mortgage applications in Iowa in 2025, ranking #175 of 739 lenders active in the state. It originated 82.9% of them and denied 5.3% (6.0% of the applications it decided), against a statewide denial rate of 12.9%.

76Applicationsin IA
6.0%Decision denial ratestate 15.3%
Median ratestate 6.50%
$145,000Median loanstate $135,000
$11MVolume8 counties

Peoples State Bank in Iowa vs the state

5.3%Denial rate-7.60 pts vs state
6.0%Decision denial rate-9.34 pts vs state
82.9%Origination rate+14.43 pts vs state
Median rate
Rate spread (pts)
$89kMedian applicant income
63Loans originated
4Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024453811.1%#221
202576635.3%#175

What Peoples State Bank lends in Iowa

By loan purpose

Home purchase 56 74% · 7.1% denied
Refinance 11 14% · 0.0% denied
Cash-out refinance 2 3% · 0.0% denied
Home improvement 5 7% · 0.0% denied
Other / HELOC 2 3% · 0.0% denied

By loan type

Conventional 76 100% · 5.3% denied

Where in Iowa

Counties with the most Peoples State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Allamakee County 33291 3.0%
Clayton County 32253 9.4%
Winneshiek County 540 0.0%
Johnson County 220 0.0%
Dubuque County 110 0.0%
Delaware County 110 0.0%
Worth County 110 0.0%
Bremer County 100 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: 76 applications in 2025, of which 63 were originated and 4 denied.

5.3% of all applications, or 6.0% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Peoples State Bank'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