T2 Financial · Iowa · 2025

T2 Financial in Iowa: approval rate, denial rate and rates (2025)

T2 Financial took 9 mortgage applications in Iowa in 2025, ranking #368 of 739 lenders active in the state. It originated 88.9% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 12.9%.

9Applicationsin IA
0.0%Decision denial ratestate 15.3%
7.13%Median ratestate 6.50%
$125,000Median loanstate $135,000
$1.2MVolume4 counties

T2 Financial in Iowa vs the state

0.0%Denial rate-12.86 pts vs state
0.0%Decision denial rate-15.31 pts vs state
88.9%Origination rate+20.43 pts vs state
7.13%Median rate+0.63 pts vs state
0.57Rate spread (pts)+0.38 pts vs state
$286kMedian applicant income
8Loans originated
0Denied

What T2 Financial lends in Iowa

By loan purpose

Home purchase 9 100% · 0.0% denied

By loan type

Conventional 6 67% · 0.0% denied
FHA 2 22% · 0.0% denied
VA 1 11% · 0.0% denied

Where in Iowa

Counties with the most T2 Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 440 0.0%
Pottawattamie County 330 0.0%
Polk County 100 0.0%
Scott 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: 9 applications in 2025, of which 8 were originated and 0 denied.

0.0% of all applications, or 0.0% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans T2 Financial originated in Iowa in 2025 was 7.13%, against a statewide median of 6.50%.

About this data. Figures are T2 Financial'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