Raccoon Valley Bank · Iowa · 2025

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

Raccoon Valley Bank took 145 mortgage applications in Iowa in 2025, ranking #128 of 739 lenders active in the state. It originated 84.1% of them and denied 5.5% (5.6% of the applications it decided), against a statewide denial rate of 12.9%.

145Applicationsin IA
5.6%Decision denial ratestate 15.3%
Median ratestate 6.50%
$155,000Median loanstate $135,000
$43MVolume14 counties

Raccoon Valley Bank in Iowa vs the state

5.5%Denial rate-7.34 pts vs state
5.6%Decision denial rate-9.72 pts vs state
84.1%Origination rate+15.68 pts vs state
Median rate
Rate spread (pts)
$86kMedian applicant income
122Loans originated
8Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231311156.1%#118
20241291059.3%#127
20251451225.5%#128

What Raccoon Valley Bank lends in Iowa

By loan purpose

Home purchase 93 64% · 5.4% denied
Refinance 45 31% · 6.7% denied
Cash-out refinance 6 4% · 0.0% denied
Home improvement 1 1% · 0.0% denied

By loan type

Conventional 145 100% · 5.5% denied

Where in Iowa

Counties with the most Raccoon Valley Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 77664 5.2%
Dallas County 42344 9.5%
Boone County 540 0.0%
Marshall County 440 0.0%
Guthrie County 440 0.0%
Warren County 330 0.0%
Palo Alto County 210 0.0%
Madison County 210 0.0%
Jasper County 110 0.0%
Story County 100 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: 145 applications in 2025, of which 122 were originated and 8 denied.

5.5% of all applications, or 5.6% 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 Raccoon Valley 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