Largest lenders in Clayton County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Fidelity Bank & Trust | A | 63 | 57 | 6.4% | 6.45% |
| 2 | Dupaco Community | A | 51 | 37 | 21.6% | 7.00% |
| 3 | Luana Savings Bank | A | 41 | 33 | 2.4% | 6.00% |
| 4 | Community Savings Bank | C | 40 | 29 | 17.5% | — |
| 5 | Peoples State Bank | B | 32 | 25 | 9.4% | — |
| 6 | Marine Credit Union | F | 20 | 9 | 25.0% | 9.86% |
| 7 | GREENSTATE Credit Union | B | 17 | 11 | 0.0% | 6.88% |
| 8 | Veridian Credit Union | B | 14 | 11 | 7.1% | 6.74% |
| 9 | Rocket Mortgage | C | 14 | 7 | 28.6% | 6.50% |
| 10 | Broker Solutions | D | 14 | 13 | 0.0% | 6.88% |
| 11 | Central State Bank | – | 12 | 12 | 0.0% | — |
| 12 | Iowa Bankers Mortgage | B | 12 | 4 | 50.0% | 6.50% |
| 13 | Mortgage Research Center | C | 11 | 4 | 36.4% | 6.56% |
| 14 | Guild Mortgage | A | 7 | 6 | 0.0% | 6.69% |
| 15 | Citizens State Bank | B | 7 | 3 | 0.0% | — |
| 16 | Pennymac Loan Services | C | 6 | 2 | 33.3% | 6.43% |
| 17 | United Shore Financial Services | B | 6 | 4 | 33.3% | 6.19% |
| 18 | Flanagan State Bank | D | 6 | 4 | 0.0% | 6.38% |
| 19 | Empeople Credit Union | C | 6 | 6 | 0.0% | 6.62% |
| 20 | MidWestOne Bank | A | 5 | 3 | 20.0% | 5.99% |
| 21 | Waterstone Mortgage | C | 5 | 5 | 0.0% | 6.56% |
Best approval odds in Clayton County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Fidelity Bank & Trust | 61 | 6.6% |
What Clayton County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Clayton County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 379 | 263 | 11.6% | 7.05% | $85,000 |
| 2024 | 404 | 268 | 15.1% | 7.13% | $95,000 |
| 2025 | 475 | 331 | 14.3% | 6.61% | $105,000 |
Frequently asked questions
14.3% of applications in Clayton County were denied in 2025, against 12.9% statewide in Iowa.
Fidelity Bank & Trust, with 63 applications in 2025 and a denial rate of 6.4%.
The median mortgage application in Clayton County in 2025 was for $105,000; the median property value on originated loans was $185,000.