Plaza Home Mortgage · Iowa · 2025

Plaza Home Mortgage in Iowa: approval rate, denial rate and rates (2025)

Plaza Home Mortgage took 254 mortgage applications in Iowa in 2025, ranking #85 of 739 lenders active in the state. It originated 70.5% of them and denied 16.9% (19.4% of the applications it decided), against a statewide denial rate of 12.9%.

254Applicationsin IA
19.4%Decision denial ratestate 15.3%
6.63%Median ratestate 6.50%
$185,000Median loanstate $135,000
$36MVolume41 counties

Plaza Home Mortgage in Iowa vs the state

16.9%Denial rate+4.07 pts vs state
19.4%Decision denial rate+4.06 pts vs state
70.5%Origination rate+2.01 pts vs state
6.63%Median rate+0.13 pts vs state
0.55Rate spread (pts)+0.36 pts vs state
$72kMedian applicant income
179Loans originated
43Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023105752.9%6.75%#139
202416711716.8%6.75%#112
202525417916.9%6.63%#85

What Plaza Home Mortgage lends in Iowa

By loan purpose

Home purchase 226 89% · 13.7% denied
Refinance 11 4% · 45.5% denied
Cash-out refinance 17 7% · 41.2% denied

By loan type

Conventional 118 46% · 15.3% denied
FHA 106 42% · 17.0% denied
VA 27 11% · 18.5% denied
USDA / RHS 3 1% · 66.7% denied

Why it denied Iowa applicants

Other 22 51%
Unverifiable information 5 12%
Credit history 5 12%
Insufficient cash 5 12%
Debt-to-income ratio 4 9%
Collateral 2 5%

Where in Iowa

Counties with the most Plaza Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 1026617 16.7%
Dallas County 21163 14.3%
Woodbury County 15101 6.7%
Scott County 1493 21.4%
Warren County 1292 16.7%
Linn County 1192 18.2%
Kossuth County 990 0.0%
Jasper County 523 60.0%
Osceola County 531 20.0%
Story County 550 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: 254 applications in 2025, of which 179 were originated and 43 denied.

16.9% of all applications, or 19.4% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Plaza Home Mortgage originated in Iowa in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are Plaza Home 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