PNC Bank in Iowa vs the state
30.7%Denial rate+17.85 pts vs state
40.6%Decision denial rate+25.32 pts vs state
44.9%Origination rate-23.58 pts vs state
6.38%Median rate-0.13 pts vs state
0.08Rate spread (pts)-0.11 pts vs state
$129kMedian applicant income
57Loans originated
39Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 97 | 54 | 19.6% | 8.89% | #147 |
| 2024 | 90 | 37 | 30.0% | 7.00% | #156 |
| 2025 | 127 | 57 | 30.7% | 6.38% | #134 |
What PNC Bank lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most PNC Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 23 | 14 | 7 | 30.4% |
| Dallas County | 13 | 5 | 3 | 23.1% |
| Scott County | 13 | 6 | 2 | 15.4% |
| Linn County | 11 | 7 | 2 | 18.2% |
| Pottawattamie County | 7 | 2 | 3 | 42.9% |
| Lee County | 5 | 2 | 3 | 60.0% |
| Johnson County | 5 | 4 | 1 | 20.0% |
| Dubuque County | 5 | 3 | 0 | 0.0% |
| Jefferson County | 4 | 1 | 2 | 50.0% |
| Cedar County | 2 | 0 | 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: 127 applications in 2025, of which 57 were originated and 39 denied.
30.7% of all applications, or 40.6% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans PNC Bank originated in Iowa in 2025 was 6.38%, against a statewide median of 6.50%.
About this data. Figures are PNC 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