Pinnacle Bank · Iowa · 2025

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

Pinnacle Bank took 39 mortgage applications in Iowa in 2025, ranking #247 of 739 lenders active in the state. It originated 79.5% of them and denied 12.8% (13.9% of the applications it decided), against a statewide denial rate of 12.9%.

39Applicationsin IA
13.9%Decision denial ratestate 15.3%
6.88%Median ratestate 6.50%
$155,000Median loanstate $135,000
$22MVolume13 counties

Pinnacle Bank in Iowa vs the state

12.8%Denial rate-0.04 pts vs state
13.9%Decision denial rate-1.42 pts vs state
79.5%Origination rate+11.03 pts vs state
6.88%Median rate+0.38 pts vs state
0.35Rate spread (pts)+0.16 pts vs state
$119kMedian applicant income
31Loans originated
5Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202318145.6%7.00%#292
2024262111.5%7.75%#267
2025393112.8%6.88%#247

What Pinnacle Bank lends in Iowa

By loan purpose

Home purchase 24 62% · 8.3% denied
Refinance 7 18% · 0.0% denied
Cash-out refinance 1 3% · 0.0% denied
Home improvement 3 8% · 66.7% denied
Other / HELOC 4 10% · 25.0% denied

By loan type

Conventional 39 100% · 12.8% denied

Why it denied Iowa applicants

Debt-to-income ratio 4 80%
Credit history 1 20%

Where in Iowa

Counties with the most Pinnacle Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pottawattamie County 24194 16.7%
Polk County 330 0.0%
Mills County 211 50.0%
Crawford County 110 0.0%
Dickinson County 110 0.0%
Linn County 110 0.0%
Union County 110 0.0%
Appanoose County 110 0.0%
Fremont County 110 0.0%
Mahaska 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: 39 applications in 2025, of which 31 were originated and 5 denied.

12.8% of all applications, or 13.9% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Pinnacle Bank originated in Iowa in 2025 was 6.88%, against a statewide median of 6.50%.

About this data. Figures are Pinnacle 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