Carroll County, Iowa · 2025

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

74 lenders acted on 423 mortgage applications for properties in Carroll County in 2025. 11.1% were denied (Iowa: 12.9%). Median rate on closed loans 6.75%; median loan $115,000; median property value $195,000.

423Applications
11.1%Denial ratestate 12.9%
6.75%Median ratestate 6.50%
$115,000Median loan
$195,000Median property value

Largest lenders in Carroll County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Dupaco Community A 10880 13.0%7.00%
2 Westside State Bank A 3938 0.0%
3 Iowa Bankers Mortgage B 3829 13.2%6.50%
4 BMO Bank F 3113 22.6%9.28%
5 United Bank of Iowa D 3124 6.5%6.75%
6 Rocket Mortgage C 2216 9.1%6.43%
7 Availa Bank C 88 0.0%
8 Bankers' Bank C 87 12.5%6.88%
9 GREENSTATE Credit Union B 76 0.0%6.19%
10 United Shore Financial Services B 73 0.0%5.63%
11 Wells Fargo Bank B 53 0.0%6.50%
12 AmeriSave Mortgage D 50 100.0%
13 Carrington Mortgage Services D 52 20.0%7.56%
14 Freedom Mortgage B 51 0.0%7.25%
15 Mortgage Research Center C 53 20.0%5.75%

Best approval odds in Carroll County

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

#LenderDecidedDecision denial rate
1Dupaco Community9514.7%

What Carroll County borrowers applied for

By loan purpose

Home purchase 177 42% · 5.1% denied
Refinance 67 16% · 9.0% denied
Cash-out refinance 65 15% · 23.1% denied
Home improvement 15 4% · 26.7% denied
Other / HELOC 99 23% · 13.1% denied

By loan type

Conventional 349 83% · 9.5% denied
FHA 34 8% · 17.7% denied
VA 23 5% · 17.4% denied
USDA / RHS 17 4% · 23.5% denied

Why applications were denied

Credit history 13 28%
Debt-to-income ratio 10 21%
Other 6 13%
Unverifiable information 6 13%
Incomplete application 5 11%
Collateral 4 9%
Employment history 3 6%

Carroll County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202328820813.2%6.88%$125,000
202440226617.2%6.88%$105,000
202542330411.1%6.75%$115,000

Frequently asked questions

11.1% of applications in Carroll County were denied in 2025, against 12.9% statewide in Iowa.

Dupaco Community, with 108 applications in 2025 and a denial rate of 13.0%.

The median mortgage application in Carroll County in 2025 was for $115,000; the median property value on originated loans was $195,000.