Largest lenders in Fayette County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Veridian Credit Union | B | 222 | 149 | 14.4% | 6.49% |
| 2 | Fidelity Bank & Trust | A | 33 | 31 | 6.1% | 6.76% |
| 3 | GREENSTATE Credit Union | B | 31 | 24 | 9.7% | 6.63% |
| 4 | Mortgage Research Center | C | 21 | 11 | 28.6% | 6.25% |
| 5 | Luana Savings Bank | A | 20 | 20 | 0.0% | 5.98% |
| 6 | Rocket Mortgage | C | 18 | 9 | 33.3% | 6.75% |
| 7 | Northeast Security Bank | – | 18 | 17 | 5.6% | — |
| 8 | 21st Mortgage | F | 13 | 0 | 92.3% | — |
| 9 | Dupaco Community | A | 13 | 9 | 23.1% | 7.00% |
| 10 | Broker Solutions | D | 12 | 4 | 8.3% | 6.75% |
| 11 | Kerndt Brothers Savings Bank | – | 11 | 8 | 27.3% | — |
| 12 | Marine Credit Union | F | 11 | 4 | 27.3% | 9.81% |
| 13 | Bank Iowa | C | 8 | 6 | 12.5% | 6.81% |
| 14 | Pennymac Loan Services | C | 7 | 2 | 14.3% | 5.69% |
| 15 | United Shore Financial Services | B | 7 | 3 | 42.9% | 6.25% |
| 16 | Empeople Credit Union | C | 7 | 4 | 28.6% | 6.62% |
| 17 | AmeriSave Mortgage | D | 6 | 3 | 50.0% | 6.63% |
| 18 | Iowa Bankers Mortgage | B | 6 | 3 | 50.0% | 6.63% |
| 19 | Cedar Falls Community Credit Union | A | 6 | 5 | 16.7% | 5.25% |
| 20 | Regions Bank | C | 5 | 1 | 80.0% | 4.99% |
| 21 | Guaranteed Rate | B | 5 | 3 | 20.0% | 7.63% |
| 22 | Stockton Mortgage | D | 5 | 4 | 20.0% | 6.38% |
| 23 | BankIowa of Cedar Rapids | C | 5 | 3 | 20.0% | — |
Best approval odds in Fayette County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Veridian Credit Union | 183 | 17.5% |
What Fayette County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Fayette County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 577 | 385 | 16.5% | 7.00% | $65,000 |
| 2024 | 560 | 358 | 17.5% | 6.99% | $75,000 |
| 2025 | 594 | 387 | 18.2% | 6.50% | $85,000 |
Frequently asked questions
18.2% of applications in Fayette County were denied in 2025, against 12.9% statewide in Iowa.
Veridian Credit Union, with 222 applications in 2025 and a denial rate of 14.4%.
The median mortgage application in Fayette County in 2025 was for $85,000; the median property value on originated loans was $175,000.