Residential Mortgage Network in Iowa vs the state
0.8%Denial rate-12.02 pts vs state
0.9%Decision denial rate-14.39 pts vs state
90.3%Origination rate+21.84 pts vs state
6.50%Median rate0.00 pts vs state
0.17Rate spread (pts)-0.02 pts vs state
$83kMedian applicant income
540Loans originated
5Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 411 | 369 | 1.2% | 6.38% | #44 |
| 2024 | 514 | 465 | 0.6% | 6.50% | #39 |
| 2025 | 598 | 540 | 0.8% | 6.50% | #39 |
What Residential Mortgage Network lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Residential Mortgage Network applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Johnson County | 169 | 154 | 3 | 1.8% |
| Linn County | 126 | 112 | 0 | 0.0% |
| Washington County | 52 | 43 | 0 | 0.0% |
| Cedar County | 31 | 31 | 0 | 0.0% |
| Benton County | 27 | 24 | 1 | 3.7% |
| Iowa County | 21 | 21 | 0 | 0.0% |
| Muscatine County | 19 | 18 | 0 | 0.0% |
| Dubuque County | 15 | 14 | 0 | 0.0% |
| Henry County | 12 | 10 | 0 | 0.0% |
| Poweshiek County | 12 | 12 | 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: 598 applications in 2025, of which 540 were originated and 5 denied.
0.8% of all applications, or 0.9% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Residential Mortgage Network originated in Iowa in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are Residential Mortgage Network'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