Bremer County, Iowa · 2025

Mortgage lenders in Bremer County, IA: denial rates and top lenders (2025)

88 lenders acted on 1,018 mortgage applications for properties in Bremer County in 2025. 7.8% were denied (Iowa: 12.9%). Median rate on closed loans 6.50%; median loan $115,000; median property value $255,000.

1.0kApplications
7.8%Denial ratestate 12.9%
6.50%Median ratestate 6.50%
$115,000Median loan
$255,000Median property value

Largest lenders in Bremer County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Veridian Credit Union B 369303 4.1%6.50%
2 GREENSTATE Credit Union B 10994 2.8%6.63%
3 Farmers State Bank B 7045 11.4%6.88%
4 Fidelity Bank & Trust A 4541 2.2%5.91%
5 First Bank A 3933 7.7%
6 Cedar Falls Community Credit Union A 2927 0.0%5.88%
7 Denver Savings Bank 2726 0.0%
8 Dupaco Community A 2317 26.1%7.00%
9 Empeople Credit Union C 2318 13.0%6.49%
10 West Gate Bank A 1614 0.0%6.31%
11 Rocket Mortgage C 1612 18.8%6.13%
12 Mortgage Research Center C 168 18.8%6.25%
13 Pennymac Loan Services C 158 6.7%9.49%
14 Readlyn Savings Bank 1515 0.0%
15 Iowa Bankers Mortgage B 1412 14.3%6.19%
16 Security State Bank A 1414 0.0%
17 Northeast Security Bank 1212 0.0%
18 BankIowa of Cedar Rapids C 98 11.1%
19 CUSB Bank C 97 11.1%
20 AmeriSave Mortgage D 80 75.0%
21 U.S. Bank D 75 14.3%7.95%
22 Newrez D 70 28.6%
23 Broker Solutions D 70 14.3%
24 Collins Community Credit Union C 63 50.0%7.75%
25 21st Mortgage F 51 80.0%9.59%

Best approval odds in Bremer County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1GREENSTATE Credit Union1003.0%
2Veridian Credit Union3204.7%
3Farmers State Bank6911.6%

What Bremer County borrowers applied for

By loan purpose

Home purchase 434 43% · 3.9% denied
Refinance 203 20% · 9.9% denied
Cash-out refinance 127 12% · 18.1% denied
Home improvement 145 14% · 4.8% denied
Other / HELOC 109 11% · 11.0% denied

By loan type

Conventional 931 91% · 7.1% denied
FHA 36 4% · 25.0% denied
VA 43 4% · 7.0% denied
USDA / RHS 8 1% · 12.5% denied

Why applications were denied

Credit history 29 38%
Debt-to-income ratio 24 31%
Incomplete application 9 12%
Collateral 7 9%
Other 4 5%
Unverifiable information 2 3%
Insufficient cash 1 1%
Employment history 1 1%

Bremer County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20238706469.3%6.90%$105,000
20248806599.7%6.77%$100,000
20251,0187947.8%6.50%$115,000

Frequently asked questions

7.8% of applications in Bremer County were denied in 2025, against 12.9% statewide in Iowa.

Veridian Credit Union, with 369 applications in 2025 and a denial rate of 4.1%.

The median mortgage application in Bremer County in 2025 was for $115,000; the median property value on originated loans was $255,000.