Security Savings Bank · Iowa · 2025

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

Security Savings Bank took 18 mortgage applications in Iowa in 2025, ranking #301 of 739 lenders active in the state. It originated 72.2% of them and denied 11.1% (12.5% of the applications it decided), against a statewide denial rate of 12.9%.

18Applicationsin IA
12.5%Decision denial ratestate 15.3%
Median ratestate 6.50%
$120,000Median loanstate $135,000
$2.0MVolume3 counties

Security Savings Bank in Iowa vs the state

11.1%Denial rate-1.75 pts vs state
12.5%Decision denial rate-2.81 pts vs state
72.2%Origination rate+3.76 pts vs state
Median rate
Rate spread (pts)
$133kMedian applicant income
13Loans originated
2Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
202319165.3%#288
202413830.8%#312
2025181311.1%#301

What Security Savings Bank lends in Iowa

By loan purpose

Home purchase 10 56% · 20.0% denied
Refinance 1 6% · 0.0% denied
Home improvement 5 28% · 0.0% denied
Other / HELOC 2 11% · 0.0% denied

By loan type

Conventional 18 100% · 11.1% denied

Where in Iowa

Counties with the most Security Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Lyon County 15102 13.3%
Dickinson County 220 0.0%
Story 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: 18 applications in 2025, of which 13 were originated and 2 denied.

11.1% of all applications, or 12.5% 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