Union State Bank · Iowa · 2025

Union State Bank in Iowa: approval rate, denial rate and rates (2025)

Union State Bank took 53 mortgage applications in Iowa in 2025, ranking #214 of 739 lenders active in the state. It originated 73.6% of them and denied 15.1% (15.7% of the applications it decided), against a statewide denial rate of 12.9%.

53Applicationsin IA
15.7%Decision denial ratestate 15.3%
Median ratestate 6.50%
$95,000Median loanstate $135,000
$7.2MVolume9 counties

Union State Bank in Iowa vs the state

15.1%Denial rate+2.23 pts vs state
15.7%Decision denial rate+0.38 pts vs state
73.6%Origination rate+5.12 pts vs state
Median rate
Rate spread (pts)
$72kMedian applicant income
39Loans originated
8Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023634914.3%#188
202446372.2%#217
2025533915.1%#214

What Union State Bank lends in Iowa

By loan purpose

Home purchase 17 32% · 11.8% denied
Refinance 16 30% · 0.0% denied
Home improvement 10 19% · 20.0% denied
Other / HELOC 10 19% · 40.0% denied

By loan type

Conventional 53 100% · 15.1% denied

Where in Iowa

Counties with the most Union State Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Madison County 33256 18.2%
Polk County 11101 9.1%
Union County 311 33.3%
Fayette County 100 0.0%
Clarke County 110 0.0%
Dallas County 110 0.0%
Adair County 110 0.0%
Boone County 100 0.0%
Adams County 100 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: 53 applications in 2025, of which 39 were originated and 8 denied.

15.1% of all applications, or 15.7% 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 Union State 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