Sun West Mortgage Company · Iowa · 2025

Sun West Mortgage Company in Iowa: approval rate, denial rate and rates (2025)

Sun West Mortgage Company took 23 mortgage applications in Iowa in 2025, ranking #287 of 739 lenders active in the state. It originated 47.8% of them and denied 30.4% (36.8% of the applications it decided), against a statewide denial rate of 12.9%.

23Applicationsin IA
36.8%Decision denial ratestate 15.3%
5.88%Median ratestate 6.50%
$195,000Median loanstate $135,000
$2.3MVolume17 counties

Sun West Mortgage Company in Iowa vs the state

30.4%Denial rate+17.57 pts vs state
36.8%Decision denial rate+21.53 pts vs state
47.8%Origination rate-20.63 pts vs state
5.88%Median rate-0.63 pts vs state
-0.26Rate spread (pts)-0.45 pts vs state
$69kMedian applicant income
11Loans originated
7Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023654115.4%6.75%#184
202415926.7%6.37%#304
2025231130.4%5.88%#287

What Sun West Mortgage Company lends in Iowa

By loan purpose

Home purchase 4 17% · 25.0% denied
Refinance 8 35% · 25.0% denied
Cash-out refinance 11 48% · 36.4% denied

By loan type

Conventional 3 13% · 33.3% denied
FHA 5 22% · 20.0% denied
VA 15 65% · 33.3% denied

Why it denied Iowa applicants

Other 4 57%
Credit history 3 43%

Where in Iowa

Counties with the most Sun West Mortgage Company applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 430 0.0%
Johnson County 210 0.0%
Muscatine County 210 0.0%
Linn County 202 100.0%
Story County 110 0.0%
Scott County 110 0.0%
Marion County 101 100.0%
Grundy County 110 0.0%
Clinton County 110 0.0%
Black Hawk County 101 100.0%

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: 23 applications in 2025, of which 11 were originated and 7 denied.

30.4% of all applications, or 36.8% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Sun West Mortgage Company originated in Iowa in 2025 was 5.88%, against a statewide median of 6.50%.

About this data. Figures are Sun West Mortgage Company'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