V.i.p. Mortgage in Iowa vs the state
5.6%Denial rate-7.23 pts vs state
6.4%Decision denial rate-8.96 pts vs state
83.1%Origination rate+14.64 pts vs state
6.50%Median rate0.00 pts vs state
0.28Rate spread (pts)+0.09 pts vs state
$90kMedian applicant income
59Loans originated
4Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 118 | 107 | 2.5% | 6.62% | #128 |
| 2024 | 110 | 94 | 4.6% | 6.63% | #141 |
| 2025 | 71 | 59 | 5.6% | 6.50% | #182 |
What V.i.p. Mortgage lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most V.i.p. Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Woodbury County | 15 | 11 | 3 | 20.0% |
| Johnson County | 11 | 9 | 0 | 0.0% |
| Emmet County | 8 | 7 | 1 | 12.5% |
| Dickinson County | 7 | 7 | 0 | 0.0% |
| Polk County | 6 | 5 | 0 | 0.0% |
| Linn County | 5 | 3 | 0 | 0.0% |
| Dallas County | 3 | 3 | 0 | 0.0% |
| Clay County | 2 | 1 | 0 | 0.0% |
| Cedar County | 2 | 1 | 0 | 0.0% |
| Webster County | 2 | 2 | 0 | 0.0% |
Other large lenders in Iowa
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| GREENSTATE Credit Union | B | 13,829 | 5.9% | 6.50% |
| Veridian Credit Union | B | 8,725 | 8.9% | 6.49% |
| Rocket Mortgage | C | 3,761 | 22.7% | 6.63% |
| Hills Bank and Trust | A | 3,434 | 6.1% | 6.25% |
| U.S. Bank | D | 2,720 | 25.7% | 7.00% |
| Dupaco Community | A | 2,669 | 16.1% | 7.00% |
| Community Choice Credit Union | B | 2,653 | 11.8% | 6.13% |
| Iowa Bankers Mortgage | B | 2,423 | 15.4% | 6.50% |
| Broker Solutions | D | 2,386 | 6.4% | 6.75% |
| Northwest Bank | A | 2,181 | 5.7% | 6.38% |
Frequently asked questions
Iowa: 71 applications in 2025, of which 59 were originated and 4 denied.
5.6% of all applications, or 6.4% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans V.i.p. Mortgage originated in Iowa in 2025 was 6.50%, against a statewide median of 6.50%.
About this data. Figures are V.i.p. Mortgage'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