Largest lenders in Clarke County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Veridian Credit Union | B | 32 | 19 | 18.8% | 6.63% |
| 2 | American State Bank | – | 30 | 27 | 0.0% | — |
| 3 | First National Bank, Ames, Iowa | C | 28 | 26 | 7.1% | — |
| 4 | Community 1st Credit Union | D | 23 | 13 | 0.0% | 1.00% |
| 5 | GREENSTATE Credit Union | B | 19 | 17 | 5.3% | 7.49% |
| 6 | American Pacific Mortgage | C | 16 | 14 | 0.0% | 6.75% |
| 7 | Iowa Bankers Mortgage | B | 15 | 9 | 40.0% | 6.00% |
| 8 | Broker Solutions | D | 13 | 9 | 0.0% | 6.56% |
| 9 | Rocket Mortgage | C | 11 | 9 | 0.0% | 6.50% |
| 10 | First Interstate Bank | D | 9 | 6 | 11.1% | 8.00% |
| 11 | United Shore Financial Services | B | 8 | 7 | 12.5% | 5.75% |
| 12 | Newrez | D | 8 | 4 | 12.5% | 6.06% |
| 13 | Fidelity Bank | A | 8 | 4 | 12.5% | — |
| 14 | AmeriSave Mortgage | D | 7 | 0 | 100.0% | — |
| 15 | Guaranteed Rate | B | 7 | 3 | 57.1% | 7.25% |
| 16 | New Day Financial | F | 6 | 0 | 16.7% | — |
| 17 | Homeservices Lending | B | 6 | 4 | 0.0% | 6.63% |
| 18 | Community Choice Credit Union | B | 6 | 5 | 16.7% | 7.15% |
| 19 | West Gate Bank | A | 5 | 5 | 0.0% | 6.00% |
| 20 | Fairway Independent Mortgage | B | 5 | 5 | 0.0% | 6.88% |
| 21 | Mortgage Research Center | C | 5 | 2 | 20.0% | 6.00% |
| 22 | Loandepot.Com | D | 5 | 2 | 40.0% | 8.56% |
What Clarke County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Clarke County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 277 | 199 | 14.4% | 6.75% | $105,000 |
| 2024 | 330 | 230 | 13.3% | 6.63% | $110,000 |
| 2025 | 375 | 246 | 13.6% | 6.63% | $115,000 |
Frequently asked questions
13.6% of applications in Clarke County were denied in 2025, against 12.9% statewide in Iowa.
Veridian Credit Union, with 32 applications in 2025 and a denial rate of 18.8%.
The median mortgage application in Clarke County in 2025 was for $115,000; the median property value on originated loans was $205,000.