Largest lenders in Butler County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Veridian Credit Union | B | 161 | 127 | 4.4% | 6.49% |
| 2 | GREENSTATE Credit Union | B | 48 | 40 | 6.3% | 6.63% |
| 3 | MidWestOne Bank | A | 27 | 19 | 11.1% | 6.00% |
| 4 | Farmers State Bank | B | 20 | 16 | 5.0% | 6.63% |
| 5 | Dupaco Community | A | 16 | 11 | 12.5% | 6.74% |
| 6 | Iowa Bankers Mortgage | B | 12 | 7 | 25.0% | 6.75% |
| 7 | First Bank | A | 12 | 7 | 0.0% | — |
| 8 | Cedar Falls Community Credit Union | A | 11 | 9 | 9.1% | 5.25% |
| 9 | Fidelity Bank & Trust | A | 9 | 8 | 0.0% | 6.23% |
| 10 | Bankers' Bank | C | 9 | 5 | 0.0% | 6.50% |
| 11 | Peoples Savings Bank | – | 8 | 7 | 12.5% | — |
| 12 | AmeriSave Mortgage | D | 7 | 1 | 85.7% | 5.75% |
| 13 | Mortgage Research Center | C | 7 | 5 | 0.0% | 6.25% |
| 14 | Green Belt Bank & Trust | – | 6 | 5 | 16.7% | — |
| 15 | Rocket Mortgage | C | 6 | 5 | 16.7% | 6.88% |
| 16 | Lincoln Savings Bank | – | 5 | 4 | 20.0% | 6.75% |
| 17 | Denver Savings Bank | – | 5 | 5 | 0.0% | — |
Best approval odds in Butler County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Veridian Credit Union | 138 | 5.1% |
What Butler County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Butler County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 421 | 286 | 8.8% | 6.88% | $75,000 |
| 2024 | 459 | 328 | 8.1% | 6.88% | $85,000 |
| 2025 | 461 | 334 | 9.3% | 6.50% | $105,000 |
Frequently asked questions
9.3% of applications in Butler County were denied in 2025, against 12.9% statewide in Iowa.
Veridian Credit Union, with 161 applications in 2025 and a denial rate of 4.4%.
The median mortgage application in Butler County in 2025 was for $105,000; the median property value on originated loans was $185,000.