PHH Mortgage in Iowa vs the state
9.5%Denial rate-3.34 pts vs state
20.0%Decision denial rate+4.69 pts vs state
38.1%Origination rate-30.36 pts vs state
6.43%Median rate-0.07 pts vs state
0.58Rate spread (pts)+0.39 pts vs state
$70kMedian applicant income
24Loans originated
6Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 56 | 17 | 32.1% | 7.14% | #198 |
| 2024 | 60 | 21 | 10.0% | 6.99% | #194 |
| 2025 | 63 | 24 | 9.5% | 6.43% | #198 |
What PHH Mortgage lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most PHH Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 12 | 4 | 1 | 8.3% |
| Scott County | 7 | 2 | 0 | 0.0% |
| Linn County | 7 | 3 | 1 | 14.3% |
| Dallas County | 3 | 1 | 0 | 0.0% |
| Jasper County | 3 | 2 | 0 | 0.0% |
| Woodbury County | 3 | 1 | 0 | 0.0% |
| Davis County | 2 | 1 | 0 | 0.0% |
| Story County | 2 | 1 | 0 | 0.0% |
| Poweshiek County | 2 | 1 | 0 | 0.0% |
| Johnson County | 2 | 2 | 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: 63 applications in 2025, of which 24 were originated and 6 denied.
9.5% of all applications, or 20.0% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans PHH Mortgage originated in Iowa in 2025 was 6.43%, against a statewide median of 6.50%.
About this data. Figures are PHH Mortgage'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