Primebank · Iowa · 2025

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

Primebank took 317 mortgage applications in Iowa in 2025, ranking #70 of 739 lenders active in the state. It originated 93.1% of them and denied 3.8% (3.9% of the applications it decided), against a statewide denial rate of 12.9%.

317Applicationsin IA
3.9%Decision denial ratestate 15.3%
Median ratestate 6.50%
$165,000Median loanstate $135,000
$65MVolume9 counties

Primebank in Iowa vs the state

3.8%Denial rate-9.07 pts vs state
3.9%Decision denial rate-11.44 pts vs state
93.1%Origination rate+24.60 pts vs state
Median rate
Rate spread (pts)
$98kMedian applicant income
295Loans originated
12Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232502294.4%6.75%#74
20242642334.2%#77
20253172953.8%#70

What Primebank lends in Iowa

By loan purpose

Home purchase 205 65% · 2.9% denied
Refinance 54 17% · 1.9% denied
Cash-out refinance 12 4% · 8.3% denied
Home improvement 29 9% · 6.9% denied
Other / HELOC 17 5% · 11.8% denied

By loan type

Conventional 317 100% · 3.8% denied

Where in Iowa

Counties with the most Primebank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Woodbury County 1801696 3.3%
Plymouth County 90825 5.6%
Sioux County 28251 3.6%
Dickinson County 880 0.0%
Monona County 550 0.0%
Lyon County 220 0.0%
Ida County 220 0.0%
Cherokee County 110 0.0%
Sac County 110 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: 317 applications in 2025, of which 295 were originated and 12 denied.

3.8% of all applications, or 3.9% 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 Primebank'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