Polaris Home Funding in Iowa vs the state
14.3%Denial rate+1.43 pts vs state
20.0%Decision denial rate+4.69 pts vs state
42.9%Origination rate-25.60 pts vs state
6.50%Median rate0.00 pts vs state
0.61Rate spread (pts)+0.42 pts vs state
$47kMedian applicant income
3Loans originated
1Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 35 | 14 | 11.4% | 6.94% | #240 |
| 2024 | 23 | 5 | 21.7% | 6.75% | #277 |
| 2025 | 7 | 3 | 14.3% | 6.50% | #392 |
What Polaris Home Funding lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Polaris Home Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 2 | 1 | 0 | 0.0% |
| Des Moines County | 1 | 1 | 0 | 0.0% |
| Clinton County | 1 | 1 | 0 | 0.0% |
| Madison County | 1 | 0 | 1 | 100.0% |
| Black Hawk County | 1 | 0 | 0 | 0.0% |
| Jasper County | 1 | 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: 7 applications in 2025, of which 3 were originated and 1 denied.
14.3% 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 Polaris Home Funding originated in Iowa in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are Polaris Home Funding'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