Primary Residential Mortgage in Iowa vs the state
14.3%Denial rate+1.43 pts vs state
33.3%Decision denial rate+18.02 pts vs state
28.6%Origination rate-39.89 pts vs state
6.75%Median rate+0.25 pts vs state
0.45Rate spread (pts)+0.26 pts vs state
$91kMedian applicant income
4Loans originated
2Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 101 | 62 | 10.9% | 7.31% | #143 |
| 2024 | 91 | 60 | 7.7% | 7.25% | #154 |
| 2025 | 14 | 4 | 14.3% | 6.75% | #327 |
What Primary Residential Mortgage lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Primary Residential Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Black Hawk County | 3 | 0 | 0 | 0.0% |
| Woodbury County | 3 | 0 | 2 | 66.7% |
| Winnebago County | 2 | 0 | 0 | 0.0% |
| Linn County | 1 | 0 | 0 | 0.0% |
| Hamilton County | 1 | 1 | 0 | 0.0% |
| Madison County | 1 | 1 | 0 | 0.0% |
| Dallas County | 1 | 1 | 0 | 0.0% |
| Allamakee County | 1 | 1 | 0 | 0.0% |
| Cerro Gordo 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: 14 applications in 2025, of which 4 were originated and 2 denied.
14.3% of all applications, or 33.3% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Primary Residential Mortgage originated in Iowa in 2025 was 6.75%, against a statewide median of 6.50%.
About this data. Figures are Primary Residential 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