United Bank of Iowa at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D 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%
17th21.4% deniedPricingmedian rate spread over APOR, weight 30%
49th0.28 ptsProcesswithdrawn + incomplete share, weight 15%
29th16.9%Closing coststotal loan costs ÷ loan amount, weight 10%
29th2.55% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 555 | 330 | 18.9% | 22.0% | 7.00% | $44M |
| 2024 | 494 | 306 | 17.4% | 21.9% | 7.13% | $36M |
| 2025 | 540 | 351 | 17.8% | 21.4% | 6.75% | $55M |
What United Bank of Iowa 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, 1 manufactured homes, 84 investment properties.
Why United Bank of Iowa denies applications
Primary reason reported for each of the 96 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at United Bank of Iowa
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 102 | 50 | 38.3% |
| $50k – $100k | 220 | 140 | 20.3% |
| $100k – $150k | 81 | 49 | 21.9% |
| $150k – $250k | 50 | 37 | 11.9% |
| Over $250k | 21 | 17 | 15.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 72 | 45 | 19.6% |
| 25–34 | 131 | 81 | 19.6% |
| 35–44 | 103 | 63 | 28.4% |
| 45–54 | 102 | 59 | 28.6% |
| 55–64 | 61 | 43 | 15.7% |
| 65–74 | 20 | 12 | 33.3% |
Where United Bank of Iowa lends
5 states and 42 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Iowa | 531 | 344 | 17.7% | 6.75% | #41 |
Frequently asked questions
United Bank of Iowa denied 21.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 17th percentile of small mortgage lenders.
The most common reason United Bank of Iowa gave in 2025 was "credit history", cited on 38.5% 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 United Bank of Iowa originated in 2025 was 6.75%, and its median rate spread over the average prime offer rate was 0.28 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 68% of its applications were for home purchases, 23% for refinancing (including cash-out), and 9% for home improvement or other purposes. By loan type: 87% 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.