Largest lenders in Delaware County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Dupaco Community | A | 121 | 96 | 11.6% | 7.00% |
| 2 | Community Savings Bank | C | 80 | 53 | 17.5% | — |
| 3 | Citizens State Bank | B | 60 | 45 | 3.3% | — |
| 4 | GREENSTATE Credit Union | B | 34 | 24 | 5.9% | 6.81% |
| 5 | Veridian Credit Union | B | 33 | 26 | 9.1% | 6.19% |
| 6 | MidWestOne Bank | A | 26 | 22 | 7.7% | 5.99% |
| 7 | Fidelity Bank & Trust | A | 25 | 23 | 4.0% | 5.61% |
| 8 | Broker Solutions | D | 14 | 11 | 0.0% | 6.81% |
| 9 | Farmers & Merchants Savings Bank | – | 14 | 11 | 0.0% | — |
| 10 | Rocket Mortgage | C | 13 | 8 | 30.8% | 6.06% |
| 11 | Gnb Bank | B | 13 | 9 | 7.7% | — |
| 12 | Residential Mortgage Network | A | 12 | 10 | 0.0% | 6.56% |
| 13 | Waterstone Mortgage | C | 10 | 8 | 0.0% | 6.50% |
| 14 | Mortgage Research Center | C | 10 | 3 | 20.0% | 6.25% |
| 15 | U.S. Bank | D | 9 | 4 | 33.3% | 6.69% |
| 16 | Collins Community Credit Union | C | 9 | 7 | 0.0% | 6.75% |
| 17 | Ohnward Bank & Trust | A | 6 | 6 | 0.0% | — |
| 18 | United Shore Financial Services | B | 6 | 4 | 0.0% | 5.75% |
| 19 | Du Trac Community Credit Union | A | 6 | 4 | 0.0% | 6.06% |
| 20 | Empeople Credit Union | C | 6 | 3 | 16.7% | 6.63% |
| 21 | Iowa Bankers Mortgage | B | 5 | 4 | 20.0% | 7.13% |
| 22 | Guild Mortgage | A | 5 | 5 | 0.0% | 6.44% |
Best approval odds in Delaware County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Dupaco Community | 110 | 12.7% |
| 2 | Community Savings Bank | 73 | 19.2% |
What Delaware County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Delaware County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 551 | 393 | 15.4% | 7.00% | $105,000 |
| 2024 | 638 | 423 | 16.8% | 7.13% | $115,000 |
| 2025 | 609 | 441 | 10.7% | 6.63% | $135,000 |
Frequently asked questions
10.7% of applications in Delaware County were denied in 2025, against 12.9% statewide in Iowa.
Dupaco Community, with 121 applications in 2025 and a denial rate of 11.6%.
The median mortgage application in Delaware County in 2025 was for $135,000; the median property value on originated loans was $245,000.