Largest lenders in Buchanan County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Veridian Credit Union | B | 239 | 167 | 8.8% | 6.74% |
| 2 | GREENSTATE Credit Union | B | 86 | 69 | 4.7% | 6.88% |
| 3 | BankIowa of Cedar Rapids | C | 66 | 53 | 10.6% | — |
| 4 | Farmers State Bank | B | 51 | 40 | 11.8% | 6.75% |
| 5 | Iowa Bankers Mortgage | B | 36 | 22 | 30.6% | 6.50% |
| 6 | Dupaco Community | A | 31 | 21 | 19.4% | 6.99% |
| 7 | Empeople Credit Union | C | 22 | 13 | 22.7% | 6.01% |
| 8 | Citizens State Bank | B | 21 | 17 | 4.8% | — |
| 9 | Rocket Mortgage | C | 20 | 13 | 25.0% | 6.99% |
| 10 | Broker Solutions | D | 19 | 11 | 5.3% | 6.75% |
| 11 | Northeast Security Bank | – | 19 | 17 | 10.5% | — |
| 12 | Pennymac Loan Services | C | 12 | 4 | 25.0% | 5.49% |
| 13 | Guild Mortgage | A | 11 | 8 | 9.1% | 6.63% |
| 14 | Fidelity Bank & Trust | A | 9 | 9 | 0.0% | 7.23% |
| 15 | Collins Community Credit Union | C | 9 | 6 | 22.2% | 7.20% |
| 16 | Mortgage Research Center | C | 8 | 4 | 12.5% | 6.56% |
| 17 | United Shore Financial Services | B | 7 | 3 | 42.9% | 6.86% |
| 18 | Waterstone Mortgage | C | 7 | 5 | 0.0% | 6.50% |
| 19 | 21st Mortgage | F | 6 | 1 | 83.3% | 14.23% |
Best approval odds in Buchanan County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | GREENSTATE Credit Union | 78 | 5.1% |
| 2 | BankIowa of Cedar Rapids | 65 | 10.8% |
| 3 | Veridian Credit Union | 189 | 11.1% |
| 4 | Farmers State Bank | 51 | 11.8% |
What Buchanan County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Buchanan County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 705 | 497 | 12.3% | 7.00% | $95,000 |
| 2024 | 717 | 508 | 11.9% | 6.99% | $75,000 |
| 2025 | 800 | 549 | 13.8% | 6.74% | $105,000 |
Frequently asked questions
13.8% of applications in Buchanan County were denied in 2025, against 12.9% statewide in Iowa.
Veridian Credit Union, with 239 applications in 2025 and a denial rate of 8.8%.
The median mortgage application in Buchanan County in 2025 was for $105,000; the median property value on originated loans was $215,000.