Security Savings Bank · Iowa · 2025

Security Savings Bank in Iowa: approval rate, denial rate and rates (2025)

Security Savings Bank took 49 mortgage applications in Iowa in 2025, ranking #220 of 739 lenders active in the state. It originated 91.8% of them and denied 4.1% (4.3% of the applications it decided), against a statewide denial rate of 12.9%.

49Applicationsin IA
4.3%Decision denial ratestate 15.3%
Median ratestate 6.50%
$55,000Median loanstate $135,000
$4.2MVolume6 counties

Security Savings Bank in Iowa vs the state

4.1%Denial rate-8.78 pts vs state
4.3%Decision denial rate-11.05 pts vs state
91.8%Origination rate+23.38 pts vs state
Median rate
Rate spread (pts)
$88kMedian applicant income
45Loans originated
2Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202349446.1%#212
202441367.3%#227
202549454.1%#220

What Security Savings Bank lends in Iowa

By loan purpose

Home purchase 21 43% · 9.5% denied
Refinance 22 45% · 0.0% denied
Home improvement 4 8% · 0.0% denied
Other / HELOC 2 4% · 0.0% denied

By loan type

Conventional 49 100% · 4.1% denied

Where in Iowa

Counties with the most Security Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Webster County 28261 3.6%
Calhoun County 13130 0.0%
Hamilton County 431 25.0%
Greene County 110 0.0%
Boone County 110 0.0%
Wright 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: 49 applications in 2025, of which 45 were originated and 2 denied.

4.1% of all applications, or 4.3% 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 Security Savings 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