Royal United Mortgage in Iowa vs the state
19.7%Denial rate+6.84 pts vs state
25.7%Decision denial rate+10.43 pts vs state
54.6%Origination rate-13.91 pts vs state
6.88%Median rate+0.38 pts vs state
1.19Rate spread (pts)+1.00 pts vs state
$43kMedian applicant income
72Loans originated
26Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 126 | 77 | 25.4% | 7.00% | #125 |
| 2024 | 140 | 81 | 30.0% | 6.88% | #122 |
| 2025 | 132 | 72 | 19.7% | 6.88% | #132 |
What Royal United Mortgage lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most Royal United Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 11 | 9 | 2 | 18.2% |
| Scott County | 9 | 5 | 2 | 22.2% |
| Woodbury County | 8 | 4 | 2 | 25.0% |
| Webster County | 6 | 4 | 1 | 16.7% |
| Black Hawk County | 6 | 1 | 1 | 16.7% |
| Wapello County | 4 | 2 | 1 | 25.0% |
| Buena Vista County | 4 | 2 | 1 | 25.0% |
| Lee County | 4 | 2 | 0 | 0.0% |
| Harrison County | 4 | 3 | 0 | 0.0% |
| Cerro Gordo County | 3 | 2 | 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: 132 applications in 2025, of which 72 were originated and 26 denied.
19.7% of all applications, or 25.7% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans Royal United Mortgage originated in Iowa in 2025 was 6.88%, against a statewide median of 6.50%.
About this data. Figures are Royal United 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