West Gate Bank in Iowa vs the state
3.4%Denial rate-9.47 pts vs state
3.4%Decision denial rate-11.89 pts vs state
90.2%Origination rate+21.76 pts vs state
6.38%Median rate-0.13 pts vs state
-0.06Rate spread (pts)-0.25 pts vs state
$101kMedian applicant income
452Loans originated
17Denied
Trend in Iowa
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 89 | 76 | 6.7% | 6.50% | #157 |
| 2024 | 290 | 266 | 3.8% | 6.38% | #67 |
| 2025 | 501 | 452 | 3.4% | 6.38% | #45 |
What West Gate Bank lends in Iowa
By loan purpose
By loan type
Why it denied Iowa applicants
Where in Iowa
Counties with the most West Gate Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Polk County | 67 | 60 | 5 | 7.5% |
| Story County | 35 | 34 | 1 | 2.9% |
| Harrison County | 32 | 26 | 3 | 9.4% |
| Dallas County | 31 | 29 | 0 | 0.0% |
| Wapello County | 22 | 17 | 0 | 0.0% |
| Mahaska County | 21 | 18 | 0 | 0.0% |
| Linn County | 20 | 19 | 1 | 5.0% |
| Black Hawk County | 20 | 19 | 0 | 0.0% |
| Marion County | 17 | 17 | 0 | 0.0% |
| Bremer County | 16 | 14 | 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: 501 applications in 2025, of which 452 were originated and 17 denied.
3.4% of all applications, or 3.4% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.
The median rate on loans West Gate Bank originated in Iowa in 2025 was 6.38%, against a statewide median of 6.50%.
About this data. Figures are West Gate 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