Chickasaw County, Iowa · 2025

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

56 lenders acted on 348 mortgage applications for properties in Chickasaw County in 2025. 12.6% were denied (Iowa: 12.9%). Median rate on closed loans 6.50%; median loan $115,000; median property value $205,000.

348Applications
12.6%Denial ratestate 12.9%
6.50%Median ratestate 6.50%
$115,000Median loan
$205,000Median property value

Largest lenders in Chickasaw County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Veridian Credit Union B 7350 9.6%6.56%
2 Fidelity Bank & Trust A 3734 2.7%5.72%
3 Bank Iowa C 3632 2.8%7.28%
4 Security State Bank A 3232 0.0%
5 Luana Savings Bank A 1814 22.2%5.99%
6 Rocket Mortgage C 149 14.3%6.50%
7 GREENSTATE Credit Union B 94 0.0%6.74%
8 CUSB Bank C 96 33.3%
9 Farmers State Bank B 86 0.0%6.56%
10 Northeast Security Bank 88 0.0%
11 Empeople Credit Union C 87 0.0%6.63%
12 Mortgage Research Center C 74 14.3%6.00%
13 First Bank A 77 0.0%
14 Iowa Bankers Mortgage B 63 33.3%6.75%

Best approval odds in Chickasaw County

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

#LenderDecidedDecision denial rate
1Veridian Credit Union5712.3%

What Chickasaw County borrowers applied for

By loan purpose

Home purchase 139 40% · 8.6% denied
Refinance 89 26% · 6.7% denied
Cash-out refinance 46 13% · 32.6% denied
Home improvement 35 10% · 14.3% denied
Other / HELOC 39 11% · 15.4% denied

By loan type

Conventional 303 87% · 9.6% denied
FHA 19 5% · 47.4% denied
VA 22 6% · 22.7% denied
USDA / RHS 4 1% · 25.0% denied

Why applications were denied

Debt-to-income ratio 16 40%
Credit history 12 30%
Incomplete application 5 13%
Collateral 2 5%
Other 2 5%
Unverifiable information 2 5%
Insufficient cash 1 3%

Chickasaw County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202326319111.4%6.94%$95,000
202428721513.9%6.74%$105,000
202534825812.6%6.50%$115,000

Frequently asked questions

12.6% of applications in Chickasaw County were denied in 2025, against 12.9% statewide in Iowa.

Veridian Credit Union, with 73 applications in 2025 and a denial rate of 9.6%.

The median mortgage application in Chickasaw County in 2025 was for $115,000; the median property value on originated loans was $205,000.