Performance Equity Partners in Iowa vs the state
69.4%Denial rate+56.56 pts vs state
76.4%Decision denial rate+61.05 pts vs state
16.1%Origination rate-52.34 pts vs state
13.51%Median rate+7.01 pts vs state
8.48Rate spread (pts)+8.29 pts vs state
$47kMedian applicant income
39Loans originated
168Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 112 | 29 | 42.9% | 14.20% | #136 |
| 2024 | 175 | 34 | 58.9% | 14.68% | #109 |
| 2025 | 242 | 39 | 69.4% | 13.51% | #87 |
What Performance Equity Partners lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
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: 242 applications in 2025, of which 39 were originated and 168 denied.
69.4% of all applications, or 76.4% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Performance Equity Partners originated in Iowa in 2025 was 13.51%, against a statewide median of 6.50%.
About this data. Figures are Performance Equity Partners'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