Siouxland Federal Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
26th16.6% deniedPricingmedian rate spread over APOR, weight 30%
82nd-0.01 ptsProcesswithdrawn + incomplete share, weight 15%
63rd9.1%Closing coststotal loan costs ÷ loan amount, weight 10%
31st2.45% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 269 | 199 | 23.4% | 23.8% | 7.00% | $22M |
| 2024 | 295 | 221 | 16.3% | 17.8% | 7.38% | $26M |
| 2025 | 298 | 221 | 15.1% | 16.6% | 5.99% | $38M |
What Siouxland Federal Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 3 manufactured homes, 14 investment properties.
Why Siouxland Federal Credit Union denies applications
Primary reason reported for each of the 45 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Siouxland Federal Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 39 | 27 | 23.7% |
| $50k – $100k | 129 | 89 | 21.4% |
| $100k – $150k | 83 | 64 | 12.3% |
| $150k – $250k | 22 | 21 | 4.6% |
| Over $250k | 20 | 15 | 6.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 53 | 43 | 10.2% |
| 35–44 | 74 | 49 | 24.6% |
| 45–54 | 56 | 43 | 15.4% |
| 55–64 | 58 | 44 | 11.5% |
| 65–74 | 40 | 30 | 18.9% |
Where Siouxland Federal Credit Union lends
7 states and 21 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Iowa | 174 | 129 | 18.4% | 6.25% | #116 |
| Nebraska | 82 | 58 | 12.2% | 5.99% | #116 |
| South Dakota | 35 | 27 | 8.6% | 5.87% | #86 |
Frequently asked questions
Siouxland Federal Credit Union denied 16.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 26th percentile of small mortgage lenders.
The most common reason Siouxland Federal Credit Union gave in 2025 was "debt-to-income ratio", cited on 37.5% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Siouxland Federal Credit Union originated in 2025 was 5.99%, and its median rate spread over the average prime offer rate was -0.01 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 29% of its applications were for home purchases, 69% for refinancing (including cash-out), and 2% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.