Largest lenders in Appanoose County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Community 1st Credit Union | D | 85 | 54 | 4.7% | 6.44% |
| 2 | Rocket Mortgage | C | 23 | 16 | 21.7% | 6.50% |
| 3 | U.S. Bank | D | 15 | 5 | 46.7% | 8.55% |
| 4 | West Gate Bank | A | 14 | 13 | 0.0% | 6.50% |
| 5 | Veridian Credit Union | B | 14 | 8 | 7.1% | 6.38% |
| 6 | Sierra Pacific Mortgage Company | C | 12 | 8 | 33.3% | 6.69% |
| 7 | United Shore Financial Services | B | 8 | 6 | 12.5% | 6.50% |
| 8 | Loandepot.Com | D | 8 | 1 | 75.0% | 6.99% |
| 9 | Iowa Bankers Mortgage | B | 7 | 3 | 57.1% | 6.88% |
| 10 | New Day Financial | F | 6 | 4 | 16.7% | 6.12% |
| 11 | Freedom Mortgage | B | 6 | 1 | 16.7% | 6.99% |
| 12 | Broker Solutions | D | 5 | 3 | 0.0% | 6.99% |
| 13 | Marine Credit Union | F | 5 | 1 | 20.0% | 8.73% |
| 14 | Navy Federal Credit Union | D | 5 | 2 | 20.0% | 6.00% |
| 15 | Coastal Community Bank | C | 5 | 0 | 0.0% | — |
Best approval odds in Appanoose County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Community 1st Credit Union | 58 | 6.9% |
What Appanoose County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Appanoose County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 281 | 178 | 15.3% | 6.50% | $85,000 |
| 2024 | 280 | 179 | 13.2% | 6.50% | $105,000 |
| 2025 | 333 | 188 | 17.1% | 6.50% | $105,000 |
Frequently asked questions
17.1% of applications in Appanoose County were denied in 2025, against 12.9% statewide in Iowa.
Community 1st Credit Union, with 85 applications in 2025 and a denial rate of 4.7%.
The median mortgage application in Appanoose County in 2025 was for $105,000; the median property value on originated loans was $200,000.