Premier Bank · Iowa · 2025

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

Premier Bank took 84 mortgage applications in Iowa in 2025, ranking #163 of 739 lenders active in the state. It originated 77.4% of them and denied 14.3% (14.5% of the applications it decided), against a statewide denial rate of 12.9%.

84Applicationsin IA
14.5%Decision denial ratestate 15.3%
Median ratestate 6.50%
$155,000Median loanstate $135,000
$13MVolume4 counties

Premier Bank in Iowa vs the state

14.3%Denial rate+1.43 pts vs state
14.5%Decision denial rate-0.85 pts vs state
77.4%Origination rate+8.92 pts vs state
Median rate
Rate spread (pts)
$92kMedian applicant income
65Loans originated
12Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023645212.5%#187
2024826811.0%#165
2025846514.3%#163

What Premier Bank lends in Iowa

By loan purpose

Home purchase 59 70% · 15.3% denied
Refinance 15 18% · 13.3% denied
Home improvement 3 4% · 33.3% denied
Other / HELOC 7 8% · 0.0% denied

By loan type

Conventional 82 98% · 13.4% denied
USDA / RHS 2 2% · 50.0% denied

Where in Iowa

Counties with the most Premier Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sioux County 44384 9.1%
Lyon County 37267 18.9%
Plymouth County 210 0.0%
Osceola County 101 100.0%

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: 84 applications in 2025, of which 65 were originated and 12 denied.

14.3% of all applications, or 14.5% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Premier 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