Two Rivers Bank & Trust · Iowa · 2025

Two Rivers Bank & Trust in Iowa: approval rate, denial rate and rates (2025)

Two Rivers Bank & Trust took 338 mortgage applications in Iowa in 2025, ranking #66 of 739 lenders active in the state. It originated 67.8% of them and denied 12.7% (15.1% of the applications it decided), against a statewide denial rate of 12.9%.

338Applicationsin IA
15.1%Decision denial ratestate 15.3%
6.99%Median ratestate 6.50%
$75,000Median loanstate $135,000
$37MVolume20 counties

Two Rivers Bank & Trust in Iowa vs the state

12.7%Denial rate-0.14 pts vs state
15.1%Decision denial rate-0.22 pts vs state
67.8%Origination rate-0.71 pts vs state
6.99%Median rate+0.49 pts vs state
0.54Rate spread (pts)+0.35 pts vs state
$79kMedian applicant income
229Loans originated
43Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233222537.1%6.88%#57
202433724014.5%7.50%#63
202533822912.7%6.99%#66

What Two Rivers Bank & Trust lends in Iowa

By loan purpose

Home purchase 138 41% · 2.9% denied
Refinance 98 29% · 12.2% denied
Home improvement 58 17% · 24.1% denied
Other / HELOC 44 13% · 29.6% denied

By loan type

Conventional 338 100% · 12.7% denied

Why it denied Iowa applicants

Credit history 27 63%
Debt-to-income ratio 11 26%
Collateral 3 7%
Other 2 5%

Where in Iowa

Counties with the most Two Rivers Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Des Moines County 1248712 9.7%
Lee County 905617 18.9%
Henry County 36243 8.3%
Johnson County 29252 6.9%
Polk County 1573 20.0%
Louisa County 1080 0.0%
Washington County 651 16.7%
Dallas County 531 20.0%
Linn County 420 0.0%
Muscatine County 330 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: 338 applications in 2025, of which 229 were originated and 43 denied.

12.7% of all applications, or 15.1% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Two Rivers Bank & Trust originated in Iowa in 2025 was 6.99%, against a statewide median of 6.50%.

About this data. Figures are Two Rivers Bank & Trust'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