Zippy Loans · Iowa · 2025

Zippy Loans in Iowa: approval rate, denial rate and rates (2025)

Zippy Loans took 149 mortgage applications in Iowa in 2025, ranking #125 of 739 lenders active in the state. It originated 20.1% of them and denied 32.9% (62.0% of the applications it decided), against a statewide denial rate of 12.9%.

149Applicationsin IA
62.0%Decision denial ratestate 15.3%
9.95%Median ratestate 6.50%
$45,000Median loanstate $135,000
$1.5MVolume15 counties

Zippy Loans in Iowa vs the state

32.9%Denial rate+20.03 pts vs state
62.0%Decision denial rate+46.72 pts vs state
20.1%Origination rate-48.33 pts vs state
9.95%Median rate+3.45 pts vs state
0.05Rate spread (pts)-0.15 pts vs state
$56kMedian applicant income
30Loans originated
49Denied

Trend in Iowa

YearApplicationsOriginatedDenial rateMedian rateRank in state
20241755129.7%10.75%#108
20251493032.9%9.95%#125

What Zippy Loans lends in Iowa

By loan purpose

Home purchase 149 100% · 32.9% denied

By loan type

Conventional 149 100% · 32.9% denied

Why it denied Iowa applicants

Debt-to-income ratio 28 57%
Other 6 12%
Credit history 6 12%
Unverifiable information 4 8%
Collateral 3 6%
Employment history 2 4%

Where in Iowa

Counties with the most Zippy Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Polk County 2058 40.0%
Dubuque County 1552 13.3%
Johnson County 1451 7.1%
Scott County 1125 45.5%
Plymouth County 925 55.6%
Black Hawk County 922 22.2%
Linn County 823 37.5%
Cedar County 522 40.0%
Muscatine County 412 50.0%
Poweshiek County 411 25.0%

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: 149 applications in 2025, of which 30 were originated and 49 denied.

32.9% of all applications, or 62.0% of the applications it actually decided on. The Iowa statewide average across all lenders was 12.9%.

The median rate on loans Zippy Loans originated in Iowa in 2025 was 9.95%, against a statewide median of 6.50%.

About this data. Figures are Zippy Loans'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