Cass County, Iowa · 2025

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

97 lenders acted on 435 mortgage applications for properties in Cass County in 2025. 17.5% were denied (Iowa: 12.9%). Median rate on closed loans 6.63%; median loan $105,000; median property value $175,000.

435Applications
17.5%Denial ratestate 12.9%
6.63%Median ratestate 6.50%
$105,000Median loan
$175,000Median property value

Largest lenders in Cass County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 CMG Mortgage A 5545 3.6%6.63%
2 Community 1st Credit Union D 3725 16.2%1.00%
3 Rolling Hills Bank & Trust 3028 6.7%
4 Rocket Mortgage C 2712 37.0%6.38%
5 AmeriSave Mortgage D 163 68.8%9.25%
6 Mortgage Research Center C 1611 12.5%6.25%
7 Veridian Credit Union B 148 0.0%6.99%
8 FNB Bank 1411 0.0%
9 Broker Solutions D 133 15.4%6.63%
10 First Interstate Bank D 1211 8.3%8.38%
11 Ark-La-Tex Financial Services, LLC. A 103 0.0%6.75%
12 U.S. Bank D 93 44.4%8.45%
13 GREENSTATE Credit Union B 95 22.2%6.88%
14 United Shore Financial Services B 95 22.2%6.38%
15 Wells Fargo Bank B 84 12.5%6.88%
16 Iowa Bankers Mortgage B 85 25.0%6.50%
17 West Gate Bank A 55 0.0%6.50%
18 Freedom Mortgage B 51 0.0%6.50%
19 Plains Commerce Bank B 53 20.0%6.25%
20 Loandepot.Com D 51 40.0%5.99%
21 Navy Federal Credit Union D 51 60.0%5.63%

What Cass County borrowers applied for

By loan purpose

Home purchase 230 53% · 9.1% denied
Refinance 67 15% · 22.4% denied
Cash-out refinance 59 14% · 40.7% denied
Home improvement 49 11% · 24.5% denied
Other / HELOC 30 7% · 13.3% denied

By loan type

Conventional 295 68% · 15.3% denied
FHA 73 17% · 28.8% denied
VA 42 10% · 19.1% denied
USDA / RHS 25 6% · 8.0% denied

Why applications were denied

Credit history 18 25%
Debt-to-income ratio 18 25%
Incomplete application 15 21%
Collateral 13 18%
Insufficient cash 5 7%
Other 2 3%
Unverifiable information 2 3%

Cass County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202328418911.6%7.00%$85,000
202434022512.9%6.63%$100,000
202543526517.5%6.63%$105,000

Frequently asked questions

17.5% of applications in Cass County were denied in 2025, against 12.9% statewide in Iowa.

CMG Mortgage, with 55 applications in 2025 and a denial rate of 3.6%.

The median mortgage application in Cass County in 2025 was for $105,000; the median property value on originated loans was $175,000.