Dallas County, Iowa · 2025

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

258 lenders acted on 5,455 mortgage applications for properties in Dallas County in 2025. 9.4% were denied (Iowa: 12.9%). Median rate on closed loans 6.49%; median loan $245,000; median property value $405,000.

5.5kApplications
9.4%Denial ratestate 12.9%
6.49%Median ratestate 6.50%
$245,000Median loan
$405,000Median property value

Largest lenders in Dallas County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 GREENSTATE Credit Union B 861679 4.1%6.49%
2 Veridian Credit Union B 573421 8.7%6.49%
3 Dhi Mortgage Company B 327222 9.5%5.50%
4 Community Choice Credit Union B 318220 8.2%6.13%
5 Luana Savings Bank A 130120 0.8%6.10%
6 Rocket Mortgage C 11980 23.5%6.75%
7 Northwest Bank A 11491 1.8%6.63%
8 United Shore Financial Services B 11287 13.4%6.13%
9 Broker Solutions D 10776 5.6%6.75%
10 Iowa Bankers Mortgage B 9279 6.5%6.50%
11 Gershman Investment B 9178 2.2%6.25%
12 U.S. Bank D 8559 18.8%6.75%
13 Premier Credit Union A 8584 0.0%7.00%
14 Central Bank A 7970 0.0%6.50%
15 Bankers Trust B 7658 6.6%6.06%
16 Fidelity Bank A 7663 0.0%
17 Pennymac Loan Services C 6641 10.6%6.50%
18 Homeservices Lending B 6551 3.1%6.38%
19 Newrez D 6222 14.5%6.50%
20 Mortgage Research Center C 5934 10.2%6.19%
21 Wells Fargo Bank B 5741 5.3%6.38%
22 Greater Iowa Credit Union D 5340 11.3%6.19%
23 Empeople Credit Union C 5241 1.9%6.13%
24 Dupaco Community A 4628 34.8%7.00%
25 Midwest Heritage Bank D 4336 7.0%

Best approval odds in Dallas County

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

#LenderDecidedDecision denial rate
1Fidelity Bank640.0%
2Central Bank700.0%
3Premier Credit Union840.0%
4Luana Savings Bank1220.8%
5Northwest Bank932.2%
6Gershman Investment812.5%
7Homeservices Lending533.8%
8GREENSTATE Credit Union7474.7%
9Iowa Bankers Mortgage867.0%
10Broker Solutions827.3%

What Dallas County borrowers applied for

By loan purpose

Home purchase 2,947 54% · 5.5% denied
Refinance 911 17% · 7.1% denied
Cash-out refinance 512 9% · 19.9% denied
Home improvement 440 8% · 11.4% denied
Other / HELOC 645 12% · 20.9% denied

By loan type

Conventional 4,684 86% · 8.7% denied
FHA 462 8% · 16.0% denied
VA 294 5% · 9.5% denied
USDA / RHS 15 0% · 13.3% denied

Why applications were denied

Debt-to-income ratio 194 39%
Credit history 118 23%
Collateral 70 14%
Incomplete application 39 8%
Other 27 5%
Unverifiable information 22 4%
Insufficient cash 20 4%
Employment history 12 2%
Mortgage insurance denied 1 0%

Dallas County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20234,3633,1309.9%6.74%$205,000
20244,9063,5239.9%6.63%$225,000
20255,4553,9469.4%6.49%$245,000

Frequently asked questions

9.4% of applications in Dallas County were denied in 2025, against 12.9% statewide in Iowa.

GREENSTATE Credit Union, with 861 applications in 2025 and a denial rate of 4.1%.

The median mortgage application in Dallas County in 2025 was for $245,000; the median property value on originated loans was $405,000.